The purpose of a godparent is pretty much have a second option, if anything were to happen to both parents, they look at the grandparents first unless for some reason they are unable to care for them or you have it written specifically saying you want your child/children to go straight to the godparents
It does have to be in writing and can be contested by immediate family if custody is with a non relative. It's always a good idea to have a will made up and updated with each child or any changes in financial situations. It's also a good idea to have separate people in change of the kids than the finances. If something happens to my sister and brother in law, I will get custody of her children but the financial delegation is held with long time family friends who are also required to "check up" on them a minimum of once a month (aka Godparents). It's in their will. As of right now we have no money still made a will and updated with every child.
<blockquote><b>Quoting Amanda J Noble:</b>" It does have to be in writing and can be contested by immediate family if custody is with a non relative. ... [snip!] ... a month (aka Godparents). It's in their will. As of right now we have no money still made a will and updated with every child."</blockquote>
That is how ours is set up, my one sister in law will have custody of our kids if my parents are not able but regardless of who has them, my sister in law and her husband are in charge of all of the finances and will manage the boys expenses.. They are both accountants and I know they'd be the most responsible in making sure that my kids are well taken care of financially.
No she wasn't my Baby seen her about five time so that's why I said for my son me and my husband was going to thank long and hard who we pick for him now my daughter is ten she keep on asking for her godmother because my second child godmother come get her all the time