Quote:
Originally Posted by Slava
As far as leaving money to the kids what you have to do is name a trustee or the public trustee would receive the funds on their behalf. You can't have someone who is under 18 to be a beneficiary without this because they cannot receive the funds legally.
|
Have your "estate" be the beneficiary of the insurance as the alternate to your spouse. Then, you can control the proceeds through a Trust you create in your will. Unless you want them to have all the proceeds when they are 18.