Like my parents LAL and Mr LAL's secret shame is our lack of wills now. We had it done about 8 months before we moved and 5 years after having a kid. But then we moved and now I'm pretty sure we need to redo everything. So again we've not done it.
But this time things have changed a little. Our kids are older and we're more secure with the idea of my mom taking the kids. My dad's older but the kids are easier. We've got $5m+ (life insurance plus savings) to help her if anything should happen to us. That will provide I would guess the ability to buy the right house, private school (need in hawaii), and live in help permanently.
But now more than ever we need to look at someone to provide financial oversight and planning for her and the kids. When I brought this up over my parents lack of financially planning my DH made a face. Before we had his best friend but since we're more unsure about his financial planning skills. A cousin I would have trusted before got married and I'm not sure about his decision making. I wonder if we can hire a bank? Would a CFP work out?
My aunts and uncles are not good financial investment planners. None of them including my mom are overspenders and all are very frugal. But long term? I'm not sure what to do now.
Before we struggled more with finding a guardian for our kids. Now we're struggling with a financial manager. This is compounded by the fact that I hate to do a will and we move again. It's something else we've talked about and thought perhaps we should wait until we settle in a place we know we'll stay.
Sometimes the simplest tasks seem so difficult.
so i'm guilty too
May 27th, 2016 at 04:32 pm
May 27th, 2016 at 08:33 pm 1464381201
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