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Reply to "How do you choose backup parents in case your and your DH kick the bucket?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The whole shock of the Kobe Bryant death made think I need to write our will and plan for god forbid something happen to us both. The problem is, I can’t think of anyone who would be a good fit?! My side has legitimate issues - one sibling had a DH cheat on her, the others are some version on mentally ill. DH’s side he has one sister that could do it, but she is passive aggressive and seems money hungry. These are all people I love and care about, but the idea of putting my children in their care is anxiety inducing. Welcome people sharing what compromises or plans they have made for their kids![/quote] If you appoint your dh's sister the guardian, you should leave your assets in a trust for the kids and have someone else be the trustee. Actually regardless of who the guardian is, it is a good rule to have one person be trustee of the money and another be the guardian.[/quote] NP. Some people will agree to this, but I never would. If I'm raising your kids in the event of the worst, no way in hell am I dealing with your Aunt Edna on a constant basis, and letting her decide whether we are able to purchase a larger house to house your kids, or letting her decide what a reasonable vehicle is if we had to get a larger one. Hell to the no. That might very well make me the wrong choice for you, and I completely understand that.[/quote] I agree that it can be a recipe for acrimony. In our case, we're leaving the trustee/guardian a substantial amount of $$ in their own right, so I'm hoping that limits any desire to not do right by the minor child. [/quote]
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