Upgrade your account to a Community Supporter account and remove most of the site ads.
Rocket your D&D 5E and Level Up: Advanced 5E games into space! Alpha Star Magazine Is Launching... Right Now!

Reply to thread

Message: <blockquote data-quote="Treebore" data-source="post: 3251372" data-attributes="member: 10177">Whatever you decide, make sure to put it in writing, with many witnesses signing it as well. Have each witness keep a certified copy as well. Also give copies to the person, or persons, you decide to give the responsibility to. Plus, whoever you decide upon, ask them if they are willing.It would probably be a good idea to set up a trust fund for your daughter. Into which all your life insurance monies and other liquidated assets are to go into. Then give very specific guidelines as to how these funds can be used for the care and raising of your daughter, etc...  The right amount of money can break a saint, so help them stay honest.Like in my case, if my wife and I were to die tomorrow, and all our assets were liquidated, our kids would be getting about a million, even after taxes.We trust my brother, but we put limitations on the trust to help him stay honest, because he does have his own needs for his kids and family. So why weigh him down with temptation?We simply give him $20,000 per year to help with raising our kids. Simple, should be plenty. Medical and college costs are pretty well covered as is. So it will help him with his utilities, mortgage, food and clothing costs. It should be a big help to him. Even with the costs of our kids he should have plenty of extra to help him. Plus our kids will get their Social Security benefits in addition to all of that.I aqree this is definitely something to think about and plan for. As you can see, we already have as well.</blockquote>

Verification