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supafamous · 08-29-2021, 05:39 AM

We're fortunate - I have a brother and a BIL with kids whom we both get along with (and the kids get along) so we have two options. Updating the will is another thing to do though - my brother has his BIL designated as his kids guardian but that was before I was married and had kids. Now it makes better sense for me to be their guardian as his BIL lives out in Saskatoon and his kids have grown up around me but the will hasn't been updated for it.

In related matters do you have life insurance? I was VERY surprised when my BIL told me he didn't have any (he's got 2 kids). I'm set up so that if I did the mortgage is paid off and my wife doesn't have to work for the next 8-10 years - it's costs me about $1600/yr for that coverage. Paying off the mortgage would seem to be the minimum amount you should be carrying.

08-29-2021, 05:39 AM	#226
supafamous RS has made me the bitter person i am today! Join Date: Mar 2011 Location: Vancouver Posts: 4,867 Thanked 5,635 Times in 2,277 Posts Failed 123 Times in 58 Posts	We're fortunate - I have a brother and a BIL with kids whom we both get along with (and the kids get along) so we have two options. Updating the will is another thing to do though - my brother has his BIL designated as his kids guardian but that was before I was married and had kids. Now it makes better sense for me to be their guardian as his BIL lives out in Saskatoon and his kids have grown up around me but the will hasn't been updated for it. In related matters do you have life insurance? I was VERY surprised when my BIL told me he didn't have any (he's got 2 kids). I'm set up so that if I did the mortgage is paid off and my wife doesn't have to work for the next 8-10 years - it's costs me about $1600/yr for that coverage. Paying off the mortgage would seem to be the minimum amount you should be carrying. __________________ Current: 2019 Acura RDX Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5 Last edited by supafamous; 08-31-2021 at 08:17 AM.