- Joined
- Oct 13, 2010
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This only applies in the rare case that DW and I meet our demise at the same time since we are each other's best friend (and primary beneficiary).
Right now, the secondaries are our fathers (both with the understanding the money would be to benefit our two kids), but our youngest just turned 18, so it seems like we could go in and put the kids on there as secondaries. Our fathers are trustworthy and have plenty of their own money, but they ain't as young as they used to be.
So what am I missing here? Any reasons why this would be a dumb idea? The older one is super in control (albeit still in college, but shows lots of responsibility). The young one? Well, lets just say I'm glad she listens to her older sister
Actually, the chance of this ever making a difference is vanishingly small...the chance of us both cashing in at the same time is really tiny, but we might as well get it right.
Right now, the secondaries are our fathers (both with the understanding the money would be to benefit our two kids), but our youngest just turned 18, so it seems like we could go in and put the kids on there as secondaries. Our fathers are trustworthy and have plenty of their own money, but they ain't as young as they used to be.
So what am I missing here? Any reasons why this would be a dumb idea? The older one is super in control (albeit still in college, but shows lots of responsibility). The young one? Well, lets just say I'm glad she listens to her older sister
Actually, the chance of this ever making a difference is vanishingly small...the chance of us both cashing in at the same time is really tiny, but we might as well get it right.