Posted by illiniJohn on December 21, 2012 at 11:21:51 from (173.26.154.98):
In Reply to: Another estate question posted by rockyridgefarm on December 20, 2012 at 17:15:54:
Best Wishes - -believe you've already gotten some great advice here.
We made the same decision years ago to have a couple of friends be the legal guardians of our kids, backed up by another set of friends, and trust administered by our attorney (his partner administered out wills).
But, I was real sure several folks on both sides of the families would have been really PO'ed/hurt if they had known they weren't going to be caring for our kids - - so, I didn't announce it to all the relatives.
I did ask both couples that we were going to trust our kids and estate with, and I did tell one brother that I trusted but knew he couldn't/wouldn't be in a position to take the kids - -that way several would be able to testify that these were my wife and my final wishes.
You mentioned letting your kids have control at 18 - - suggest revising that up to 23-to-25years old. It takes some of us a while to "grow a brain" after the teen years and the 21 year old partying era - -but, maybe your kids won't be that way.
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