ivinsfan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 19, 2007
- Messages
- 9,962
When they are siblings living together it's a whole different story. trust me on this!
Hey now Laurence, don't dismiss the childfree outright! DH and I are the named guardians for my sister's kids and we'd manage okay if the worst happened. I am more relieved by every year passing without incident, though, not gonna lie!
I'd rather be faced with the prospect of three teenagers than little ones, any day.
This I don't get, if you trust your kids life and upbringing to these people, why try to worry about an inheritance for your kids at the same time. Any money you have should be available to the guardians, do you want them to go out of pocket raising your children? If I didn't trust someone to be honest in money matters I'd sure as heck never ask them to raise my kids.
I don't disagree with you but some people like separate people in charge. The guardian would ask the trustee for money in that case. It creates a checks and balance system. It works for some. Plus, some guardians may be reluctant to spend the money if they were also trustee so might under spend. Whereas a trustee can force money on them.
I don't have a problem with a trustee and a guardian, I was talking about trying to split your money between costs for the kids and inheritance for the kids.It's tricky ,say your guardian has a 3 bedroom house and 2 kids and suddenly needs to care for your 3 kids full time..Who pays for the house upgrade? A van for transpo instead of a car? You really have no idea of the extra expenses a guardian could incur taking care of your family.