We have done all those things to make it as easy as we could for the kids at the time of our passing.
In addition, we have CDS where each of the kids are listed as secondary beneficiary so that if we both happen go at the same time the kids would have $$ to cover expenses until the estate is clear.
My wife's mother was in her 80s my wife became the second signature to her mom's banking account. When she passed a decade later there was enough money in the account to cover that transition period.
While all don't like to think or talk about these issues my experience has been the survivors are thankful for the fore thought taken by their mate/parents.
In addition, we have CDS where each of the kids are listed as secondary beneficiary so that if we both happen go at the same time the kids would have $$ to cover expenses until the estate is clear.
My wife's mother was in her 80s my wife became the second signature to her mom's banking account. When she passed a decade later there was enough money in the account to cover that transition period.
While all don't like to think or talk about these issues my experience has been the survivors are thankful for the fore thought taken by their mate/parents.
