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Not to make a will?

(11 Posts)
moutonfou Sat 21-Oct-17 22:06:11

I am married, no children. Don't yet have any significant assets - rent a house, small savings pot shared with DH. Workplace pension on which DH is named as beneficiary in event of my death.

I presume on my death everything would go to DH and I'm fine with that.

Is there any reason for me to make a will?

In the (admittedly very unlikely scenario) that me and DH died together, would the money go to my parents? Again I'm fine with that.

TwitterQueen1 Sat 21-Oct-17 22:07:54

Yes, YABU because having a will makes everything so much easier for everyone trying to sort out your wishes and wade through probate.

FenceSitter01 Sat 21-Oct-17 22:10:06

You might make someone very happy. An acquaintance just inherited shit loads from an uncle he never knew existed, that fell out with his father.

In the event of your joint death, the older of the couple is assumed to have died first. Assuming he is older, you inherit, but you are already dead so your parents get it. But if they are dead then it goes to your siblings, then your nieces and nephews, then great niece and nephews. If you have none of those it goes to grandparents, then uncles and aunts, cousin, 2nd cousins

LumpySpaceCow Sat 21-Oct-17 22:11:28

My mum didn't have a will and everything was straightforward - it all just went to my dad including house etc. And it was easy enough closing bank accounts, cancelling credit cards etc.

CandyMelts Sat 21-Oct-17 22:11:37

I'm in the same position as you, we're about to buy a house and keep saying we should do a will then. Just need a way of doing a cheap one as we will have zero money then...

Neverender Sat 21-Oct-17 22:18:25

YANBU but if you ever own a house a get old, please set up a power of attorney before you lose your marbles as it’s a fucking nightmare otherwise!

Longdistance Sat 21-Oct-17 22:23:35

Having a Will will make things clear for everyone within even your immediate family. Your Dh needs to make one too. So, if he passes, it’ll go to you, but if you pass, who does it go too? Same with you passing first...

Ragwort Sat 21-Oct-17 22:24:38

Why wouldn't you make a will?

DH has (sadly) had to sort out a few family members 'affairs' after they died, and without a will it is very, very difficult and time consuming.

At the very least leave a clear list of your bank account details etc etc.

moutonfou Sat 21-Oct-17 22:33:55

He is older. But I hadn't thought about if we died together but in such a way (say, a few hours apart, and me first) that he first inherits, and then it all goes to his parents.

Even if I make a will, though, can I avoid that? If I had a line to the effect of "everything to DH, but if at the time this comes to be executed, DH is also dead, then everything to my parents" ?

KeepItAsItIs Sat 21-Oct-17 22:38:25

You can stipulate that. We have DCs and have a disaster clause in our Wills (all of us going at the same time). A certain percentage goes to my dad and the other percentage to MIL, if they around,,percentages goes to siblings. I'm not actually thrilled about who gets anything for the disaster clause and we should probably change it.

insert1usernamehere Sat 21-Oct-17 22:39:27

mountonfou - you'd write that everything goes to DH, so long as he survives you by at least (say) 28 days - that reduces the likelihood of issues arising if you died a day apart due to a car crash, for instance. If he dies within 28 days, it goes to the next on the list (your parents)

Will Aid, which happens every November, is coming up - you could get a pair of 'mirror' wills done for you and DH for a £150 donation to charity

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