BeerWench said:Oh and both need to have life insurance with kids as benificiary as well as a will with alternates if both of you were to die.
Oh and both need to have life insurance with kids as benificiary as well as a will with alternates if both of you were to die.
Right of first refusal
Make sure they are required to make your children the beneficiaries(at least partial) on retirement plans as well as life insurance. A friend recently had to bury her father and his "new" wife of 5 years didn't offer a dime of $$ she recieved from his death benefits, nothing like haveing to pay for a funeral with a loan for 5+ years.
Sorry, I could write a book on this subject as we just finished round 3 of court and divorced for 4 years.
Things can be amicable now, as in my case we got along fairly well, but when a new GF/BF enters the picture things can go south quickly. It is best to make your agreement as tight as possible so if future problems arise your child is protected and provided for.
And we had a great relationship with XW - family vacations together, kids functions together, Seven years of happy co-parenting... then DSS turned 16 and she wanted a brand new BMW for him and he was failing out of school. In short, we refused and the fall out has been going on for 6 years now. Three more years to go with DSD.