Guardianship of your children

[Pinktruffle]

I apologise if this is a bit morbid. I've been thinking about who I would give guardianship of my child if something were to me and DH. The answer is a fairly easy one for me - my sister - and luckily DH wholeheartedly agrees (though I am yet to mention it to her seriously, in conversations in passing she has said she would have my LO).

My DH being in a very serious car accident (car vs truck - he miraculously escaped with minimal injuries) has really made me think about this and I've been looking at what I would need to do to legally have guardianship for my sister recognised. I was wondering if many of you had thought about this and if any of you had legally had the paperwork drawn up? How did you decide who it would be?

@Pinktruffle

Nope, no will as of yet.

You need a will. It is then part of the will - very straightforward and makes you think of the different scenarios.

@Brokenrecord3006

Our friends would take our child and it's been discussed. So I hope our families would carry out our wishes.

Lots of people suggesting wills here. What do you do? Just write down who you want your children to go to? To get a will written up for one sentence stating that seems like a lot.

Your will is about far more than who looks after the children. We are assuming you both die suddenly. Your home and all your bank accounts need to be liquidised and someone has to look after that money on your child's behalf, pay for their keep and invest the rest for when they are older. All this is possible without a will but a huge and difficult task.

Another lone parent here. My mum and sister are named in my will. Although mum is in her 70's now so it would be my sister. She'd need a bigger house though.

XP hasn't seen the dc's in 12 years so if there was a tragedy now the dc's should be old enough that their wishes would be listened too.

As I can't die I basically do my best to keep very healthy.

We left our son to DB and DSIL and left them a load of money to ease the process. All in our wills and they cheerfully agreed. They left us there THREE ds's all younger than ours and no money what so ever! Any how all the lads are now fortunately adults and the arrangements were never needed.

@SpringSquirrels that makes sense but DH and I don't own a home and don't have a penny in savings. So I guess I've never seen much point in writing a will with our current situation.

I will be getting a will soon, our current situation is a bit complex and I don't want to go in to it here but we will be hopefully buying a house next year and when that happeneds a will be put in place. If I were to pass away now beneficiaries are already named for my pensions etc and the money I have in the bank I am happy to go to my DH to care for our LO. Dh financial situation is more complex so that needs to be ironed out.