My and my hubby have been together 6 years,he has two children 16 and 14, I have one daughter 18.
We need to make a will and i'm not sure we can decide on how to split the house. Hubby thinks it should go 33% each to all children... problem being is I don't!! We don't see his children and they don't speak to me when we have. Also I believe the house to be 50/50 and think my daughter should get my half 50% and his children get shared his 50%. I don't want to argue and see his point but I cant seem to understand any reason why I should give any part of his house when they are no part of our life apart from the fact there mother gets £500 a month for child maintenance!! Don't want to sound bitter but this is my daughters home and she would be left with 50 if hubby did will in his way. I would also like to add, if they was in our life I would still not differently. Please advice....not rant or argue....
Firstly, you and your dp will have to have one will each and they don't need to be identical, or even similar. You each own 50% of the property and can do as you wish with your 50%. Of course it's up to you, but personally, I would see my 50% share as my dd's inheritance and I don't think anyone could persuade me to dilute that in any way. Likewise, your dp can do as he wishes with his 50% share and will probably want to leave it to his kids. He doesn't have any right to influence what you do with your share. Good luck- I appreciate it's a tough conversation to have!
Imperiel is right of course. We have it that whoever goes first leaves everything to the other. Our current wills would only work if we died together. If he wants to leave his half to his DC then you could be in a position where you have to sell up in order to honour that will OP, so proceed with caution. We have recently remade our wills after a family rift but if DH died I would keep it pretty much as it is now.
I have one child, fiancé has two. We are leaving our own assets to our own children. The house we will live in is mine, his house will be rented out. We will have a prenuptial agreement (not 100% binding but increasingly accepted by courts). So it's simple for us.
Usually I would say exactly the same as the other posters - 50/50 and children then split that.
But - I actually don't think there is "one family pot" second time round, when children are older and have other parents.
Who paid for your current house?
If I had paid for 80% of my house, and had 2 kids vs partner's 1, then I would think even split was fair. (It's actually not in my favour!)