Think of what you are asking your children to do. Is one more proficient and knowledgeable than the other in handling money? This may be the child who should serve as your Executor and/or Agent under your Power of Attorney. Are your children aware of what your wishes are if you become terminally ill? Would one of your children refuse to take you off life support due to their own personal beliefs, even though that is what you would wish? This child may not be the one you would want to be your Health Care Agent. Talking with your children about your concerns may avoid future conflicts. These are not an easy decisions, but you should be guided by what is in your own best interests.