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07.16.08, 17:21 PM General Topics
6 replies
Ok, the unthinkable happens and you and dh buy the farm. What happens with dcs? Have you arranged guardianship/Trust etc? We're in our will updating mode as you might guess from this post. [ Reply | Watch | Flag ]
General Topics 07.16.08, 05:21 PM Flag
 

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They'd go to SIL (DH's sister) and her DH. She and DH are close and have a nice relationship and I feel okay about this choice (I'm an only child, so it's not as though I have a sibling to consider!). For now, my parents would handle most of the $ -- but my ILs are in better health, so I'm not sure that it should stay this way (I trust both sets of GPs), but I'd also want my parents involved. [ Reply | More
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General Topics 07.16.08, 05:45 PM Flag
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you're lucky you have such a big support network. [ Reply | More
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General Topics 07.16.08, 06:03 PM Flag
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DC's will go to DH's sister. Our assets will go into trust, with a trusted friend/lawyer as the trustee. Funds will be disbursed from the trust to SIL for dc's expenses as necessary. [ Reply | More
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General Topics 07.16.08, 05:59 PM Flag
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Yep, they go to one of my sisters. [ Reply | More
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General Topics 07.16.08, 06:07 PM Flag
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We have designated guardians and then have a trust w/ several people designated as the trustees (not the same as the guardians). We also set up the trust to the money doesn't just vest when the kids hit 21. [ Reply | More
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General Topics 07.16.08, 06:30 PM Flag
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Yes, we have chosen a guardian. Luckily, dh and I agreed from teh get go. We do not have a trust per say - but all of our assest (medium amount) will be sold and controlled by the childs guardian. Its my dh's sister. [ Reply | More
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General Topics 07.16.08, 06:36 PM Flag
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