Author Topic: Estate Planning  (Read 1627 times)

Offline CKW

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Offline Reginald Hudlin

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Re: Estate Planning
« Reply #1 on: July 06, 2010, 08:05:42 am »
Regardless of how much money you have, you should always do estate planning.  One of the most important questions to be answered is if both of you die, who should raise your kids? 

You may think the answer is obvious but its not. Particularly when you discuss it with your spouse.  Your parents may be too old.  There might be a debate over which sibling is most appropriate.  Or who really wants them.  Or if there is another family that is closer to your value system. 

Who are the kids comfortable with?  Which person doesn't require moving to another state or region so they can stay in their school and with their friends? 

And the answer will change over time, so don't tell people who gets the kids.  We change our list kind of a lot.