We have to consider the situation where both husband and wife doomz at the same time and leaving behind the kids.
If any of our kids is a minor e.g. the youngest one is a minor or all kids are minor, we have to think very carefully about the content of the Will and it is not as simple as we like to believe.
Who are Executors? Can be trusted or not?
Do our kids know what are the assets left behind by their parents?
How to protect the younger kids if the older kids are not minor?
Many things to think of. This is not so simple.
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
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