Anonymous wrote:Op - my one hesitation is that sister (who is guardian) lives very far away so kids would have to move. Presumably if oldest child got guardianship they could stay in our house.
Anonymous wrote:Anonymous wrote:I’m sure there is some outlier 18 year old who would make sense, but 99.99999999% of the time that would be terrible for the 18 year old and the younger children.
Keeping kids in their high school should be a high priority imo, so if you don’t have family nearby, consider friends. And from our first estate plan we have always been advised to separate money from custody. Guardian gets the kids, trustee controls the money. It keeps greedy interlopers trying to interfere with your designated guardians in order to get the money.
Switching to an 18 year old guardian is dumb, but this post is a good reminder that people should review their estate plans every year and when the time comes, make changes.
The reality is the kids often have to switch schools to be close to the guardians. And the more kids you have, the harder it is for one person or couple to take all the kids. When my single SIL passed away, her two kids switched schools to be with their grandparents and then, when the elderly grandparents couldn't care for them, they switched schools again to live with an aunt.
Anonymous wrote:I’m sure there is some outlier 18 year old who would make sense, but 99.99999999% of the time that would be terrible for the 18 year old and the younger children.
Keeping kids in their high school should be a high priority imo, so if you don’t have family nearby, consider friends. And from our first estate plan we have always been advised to separate money from custody. Guardian gets the kids, trustee controls the money. It keeps greedy interlopers trying to interfere with your designated guardians in order to get the money.
Switching to an 18 year old guardian is dumb, but this post is a good reminder that people should review their estate plans every year and when the time comes, make changes.
Anonymous wrote:Anonymous wrote:And this is yet another reason why being the oldest child is a disadvantage. Not only are you expected to be a role model for your younger siblings and your parents are first-timers with you, but they expect you to look after your younger sibs.
Well the role has to fall on someone. It is inevitable when you have multiple kids.
Anonymous wrote:Op - I think my thought process is that if we changed it to our 18 year old the kids could stay together. Otherwise they would have to most likely split up. Any family who would become guardians of kids live in different states and would not move to VA.
But I do see what other people are saying as well. It’s a hard decision to make.
Anonymous wrote:Anonymous wrote:And this is yet another reason why being the oldest child is a disadvantage. Not only are you expected to be a role model for your younger siblings and your parents are first-timers with you, but they expect you to look after your younger sibs.
Well the role has to fall on someone. It is inevitable when you have multiple kids.