Jennifer - posted on 06/24/2009 ( 5 moms have responded )
Do any of you have wills and life insurance policies? The reason why I ask is i am checking into life insurance. I have 2 stepsons, and a possibility of adopting our foster children. In this course of events the insurance person asked if something were to happen to both my husband and i what would i want to do with the money. After consulting with a few people, one thinks that i should just give my life insurance to my legal children, another says that both insurance plans should be divided equally. Just to give a little back ground my stepsons are not nice to me, especially the oldest. Tells lies all the time. anyway, my husband said that if i didn't give his kids any money he understood. but then he will just give his boys more money out of his because then all the kids would have the same amount. I understand his point, but i am also concerned then that with there being to life insurance plans that the adopted kids will view my husbands insurance as he favors his own children verses them? I really don't know how to explain this to my husband. I hope this all makes sense without having to write a book.