Hellobee Boards

No separate policies- both are through dh's work right now. No will yet either- we should sit down and look at all that. Right now it's all clear though- everything would go to the surviving spouse to take care of the baby, but I think we should have something formal.

We have separate policies. I had a policy before I met my husband, and we set him up a policy soon after we met.

I had different beneficiaries listed before we were married, but changed it after we were married.

We started writing a will last summer, and it was recommended to us that in event of both our deaths our policy monies go into a trust, and we appoint a trust holder (is that the correct terminology? It's been so long since we talked about this!!) to oversee the funds and disperse them as necessary until Chloe is 21 or 25 (we get to choose the age).

In other words, our kid(s) don't get a chunk of change they can blow through when we die!

ETA: I wrote a blog post about this but am on my phone & can't search well at the moment!

Me and the hubby's policy is through my work. I have my younger brother as a secondary beneficiary should my husband not be around.

I don't have a will yet, and need to get one together soon since LO will be here in a few months.