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Old Aug 28th, 2014, 10:28 AM   1
hunni12
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When to write a will?


I know it's a dumb question, but at the same time it's an important one. I seen this question on thebump.com and I was just really curious...have you thought of writing a will for your kid(s) or future children?

Myself I never really thought of it, but I did realize that everyday kids lose their parents to many different things.



 
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Old Aug 28th, 2014, 10:38 AM   2
missk1989
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I thought about it because if both of us were to pass I wouldnt want lo to go to my mil. My fil is 16 years older than her and when he passes it will just be her. DH has no other siblings and im not a fan of the way she does things with lo. My family is pretty good and would have a massive support network for them. I havent written it because i know that DH would be upset to hear I felt that way even though he doesnt really trust his mum that much either and always complains about how he was raised.



 
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Old Aug 28th, 2014, 11:25 AM   3
jd83
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We had one made when I was pregnant with DS2. We both fully agree that if something were to happen to both of us, we'd want our kids to go to his sister. I have a brother and sister, and my sister would likely ask for them, but I don't feel she's in a financial state to handle anymore kids than her own. Dh's sister has the same ideals we do about parenting, although she doesn't have kids of her own (yet), so I know they'd be raised lovingly, and as I'd want them raised. Having a will just makes it easier so that there aren't any questions, bickering over who they go to, etc. It's clearly spelled out what our wishes are.

we've also specified how life insurance is to be distributed, with sums for SIL for costs of raising them, trusts set up for them, and distribution for paying off existing debts for mortgage, etc.



 
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Old Aug 28th, 2014, 13:04 PM   4
hunni12
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So I guess it isn't a dumb question haha, but no seriously I think it's good that y'all have it laid out who gets the kids and have the funds set up for it. Custody battles can get pretty ugly especially both the parents are gone.



 
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Old Aug 28th, 2014, 13:37 PM   5
seoj
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We discussed for a long time before deciding what to do- we still need to legalize it, but we would leave custody of our youngest to the in-laws for now. IF possible- then custody would go to our oldest (she's 17 now- so obviously not any time soon). But again, now the we know the plan, we need to get it all documented. We'd even go as far as to make sure in-laws could move into our house so the girls don't have to move... and enough left so that the house would be paid off (since we just bought it 4yrs ago).

It's not a fun thing to even think about- but I'd hate to be blind to the realities of life... we already have plenty of life insurance on us and our oldest as well. We have eachother as the prim beneficiary- and FIL as the secondary.



 
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Old Aug 28th, 2014, 14:05 PM   6
SarahP13
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We have a will, did it about 4 or 5 years ago. We wrote it before the girls came along but in such a way that includes them eg. Our estate will be split equally amongst our children, if we do not have children we want our estate to go to...

We also attached a letter stating our wishes as to who will be responsible for immediate care and deciding who our children should ultimately live with.

To be honest we need to update them. I've been told wills should be revisited at least every five years, preferably more often. I know many people who see them as unnecessary as their estate would automatically go to their other half but I believe it's far more simple legally if you have a will directing that. Also, if you die at the same time (eg car crash) then not having a will would complicate things.



 
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Old Aug 28th, 2014, 14:11 PM   7
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We wrote one just after LO was born. We didn't want to name any of our parents as we feel they are either too old/not attached enough/in poor health so we named my youngest brother. Neither my eldest brother or my BIL would want the responsibility and my youngest brother would definitely provide the upbringing we want for LO. Also if my mum is still about (she's too ill to be named as his main carer) she would provide a lot of support for him.



 
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Old Aug 28th, 2014, 14:27 PM   8
Dawnlouise30
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We did mirror wills when LO was 6 months old. It lays out who he ( and any future children) should go to if something happens to us at the same time. I feel much more comfortable knowing his future is secure if ever me and his daddy arent around.



 
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Old Aug 28th, 2014, 14:31 PM   9
iiTTCii
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Can I just ask.. Do you ask the family members first about naming them for the children to go to if the worst happened?



 
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Old Aug 28th, 2014, 14:43 PM   10
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We did ask first and also asked my BIL before naming him as executor



 
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