Upgrade to iPhone 5 and keep unlimited data.. will this work???

Here is my situation..
The wife and I upgraded to the iPhone 4's right when Verizon got them, and got the unlimited data plan.  Now as I understand it, to upgrade to the iPhone 5 directly, I have to choose a new plan since unlimited is no longer offered, or I can purchase a new phone at full retail or from a 3rd party and still keep the unlimited.
Now, we have been planning to get 2 more lines for our oldest sons this year.  Our current plan is in my wifes name. I think I should be able to start a NEW account in my name, order 2 iPhone5's with the shared plan and get them all activated.  Then simply switch phones.
I see no problem with doing this.. but there may be some fine print somewhere. 
Any and all input is appreciated. Thanks!!

Ok here is what you do. get 2 new lines and get the iPhone 5 for those 2 new lines.then move the iPhone's 5 to y'all's lines. then give your kids yalls old iphones this should work anything else may make  you lose your unlimited data.  for the 2 new lines yes you will have to day for data..
Hope this helps

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