Do you have a will?

Mysterious_wife

Dh and I are slacking in this department.  We have discussed this several times, but never do anything about it.  After this last scare we had with me we are bringing it back up again. 

Who did you pick for the gaurdian of your child/ phantom child?  Did you have specific rules set in place? (ie what school or area of town they needed to live in, how often the child needed to see family etc?)

preppynewlywed

Yep.  We also have DNRs, living wills, etc.

We'll also add the godparents as the guardian once we get to that point.

ToshaGirl

Yes.

We were a bit slow to do it, but one of my clients is a wills and estates lawyer, and when she explained what a shiit show it is if you die with no will  - we did one asap.

Sorry can't help on the kiddie part.

buckin

No. We will probably do one after we have a child. At this point there is no point. I get everything DH has and vice versa but neither of us have a whole lot, LOL.

fabbate13

We don't and I keep bringing it up.  I'm sure if phantom baby becomes real it'd be more of a priority.  Lot's to think about....

Mysterious_wife

preppynewlywed:

Yep.  We also have DNRs, living wills, etc.

We'll also add the godparents as the guardian once we get to that point.

I have a living will and a DNR.  We need to set something up for Allie though.

ValentineBB

We have a living will, with specific medical instructions/wishes.  We don't really have any property to speak of yet, so nothing set up with regard as to who would get any money or stuff.  I imagine we will set that up as soon as we buy a home/have children.

We do each have 2 life insurance policies on each other, with my mother as the contigent beneficiary should we both die.  We don't have any kids yet, but we have talked ad nauseum about who their guardians would be although we haven't come to an agreement.

MrsS008

We've also talked about it and not done it. I think I have a free service through work even... perhaps I should get on that.

Mrs.Rotty

yes/no.

i have on my paperwork that everything goes to B. i have made my wishes known to B. but in the military i have a will it just says " b gets it all" lol.

mmk3742

Right now we don't.  It is only dh and I and we don't own much.  The house has a clause in it if one dies, it goes to the other.  401K, life insurance, etc. he/me are named each other's beneficiaries. 

But once our phantom child gets here, I would want a will.  As for guardians, I have no idea who we would pick.  My child's godparents will most likely be my sister and one of his brothers?  I would think my sister would be the likely choice once she is married and has kids of her own.  But until then I guess my parents would have to be named guardians.

jCamsquared

Nope. We'll need to get on this now. And I have no idea who we'll choose for the baby to go to - we aren't religious at all, so we won't be choosing godparents.

Mysterious_wife

jCamsquared:

Nope. We'll need to get on this now. And I have no idea who we'll choose for the baby to go to - we aren't religious at all, so we won't be choosing godparents.

We didn't do godparents either.  We have always said our friend's J and C would take our child/ren, but they are moving across the country.  I am not sure that would be a good fit for A.  All of her family is here.  My mom isn't well enough.  I am afraid she will die before 60 and my dad has my brother to deal with.  MIL is a no for obvious reasons and my FIl lives in FL.  My brother is about the only one left.  I am not sure he would be ok with that.  He isn't the kid type.  I have several cousins, but I am not sure.  This makes me sad thinking about it.

lo45fd98wq32

We don't. It is something that we have discussed, although DH flips the eeff out at any talk of me possibly dying. I have no idea who we would pick as guardians.

MrsMcC091909

No, not yet.  We'll probably wait until after we start having kids to really give it a thought... I work for an attorney who does estate planning, so I know we'll be in good hands when that time comes.

jCamsquared

Mysterious_wife:

jCamsquared:

Nope. We'll need to get on this now. And I have no idea who we'll choose for the baby to go to - we aren't religious at all, so we won't be choosing godparents.

We didn't do godparents either.  We have always said our friend's J and C would take our child/ren, but they are moving across the country.  I am not sure that would be a good fit for A.  All of her family is here.  My mom isn't well enough.  I am afraid she will die before 60 and my dad has my brother to deal with.  MIL is a no for obvious reasons and my FIl lives in FL.  My brother is about the only one left.  I am not sure he would be ok with that.  He isn't the kid type.  I have several cousins, but I am not sure.  This makes me sad thinking about it.

Ya I really have no clue who it would be other than maybe my parents. We'll be the first of our friends to have a baby, except for a couple due in January who lives in Cali right now. I can only think of one couple who would be a maybe.

Anna&Matt

Yes - we do. DH is an attorney so another attorney in his office did ours for us and vice versa. We will have to update it after the baby is born though - you cannot put the baby's guardian in until the baby actually exists (at least in our state). We plan to make BIL and SIL the guardians. We will not limit where they have to live or how often they have to see grandparents, etc since we know they are reasonable people and see their families as much as we do.

chelle540

No, not yet.  But I figured if I get pregnant, DH and I would make sure we had one completed by the time baby gets here.

kcox123

Yes. DH is an attorney.

We have POAs and a general will.

As of now we have my in-laws as the guardians of our kids but we plan to revisit that sometime in the next few years. We wanted someone who had room for them in their home, who the kids would be comfortable with and who would raise them in a style consistent with our own. When our first was born - DH's parents were the only people fitting that bill (still are unfortunately).

We'd prefer to designate one of our married siblings but of the ones that are married so far - we'd rather have friends raise our kids than them. I don't mean that to sound as mean as it does..but it is what it is.

We designated my BIL who is an accountant as the trustee for the trust that our "estate" would funnel into and would provide that whomever took the kids in would not be financially burdened.