About my will...we have none, I know we really need a will. I have a really hard time deciding where my kids would go. My parents are too old, well, they are not old, but it would be a huge burden on them. They may not be around at that point too...
So, I have 3 siblings and, let me be careful here;-) (in case they read...)
I want my kids to continue growing up in our church, or at least in our faith. None of my siblings are where we are at with this area...maybe one day they will be, but they are not right now. Hubby's siblings are not either.
So, how do you pick someone other then family for your kids...and explain to your family that this is your decision. No offense, right?
How do we ask friends if they would be willing to take on 4 more kids? I don't think my kids are 'bad' kids, and I think they would be well behaved (or at least I hope they would be well behaved) but it seems like such a burden to put onto another family. Ahhhh.....this is what I don't like. Is another option when our oldest is 18, for him to be guardian? Is that allowed?
Onto insurance, I don't necessarily agree with my moms reasoning about insurance, her point is to think about what you want it for. People put themselves through school with no help from parents, it is possible, and minimum funeral costs are 10, 000. She doesn't like the idea of 'giving away' her money. With whole life, it belongs to her until the end.
Lisa said something that I thought of last night. If we have our insurance right now, and buy into a whole life policy for ourselves, for 10,000. Would that be worth it? Then when we live to be older then 75;) (as I am planning on) then at least there is something to bury us with. I thought it would be worth it, so it is nice to know that there are other people out there who do that.
Anyhow, I still think that we are going to go ahead with the extra insurance for now and work on some sort of will...
