DH and I are about to draw up wills and there are things I'm not sure about which I feel like we should discuss before we meet the lawyer.
We're buying a house and that's going to be the only real asset. Small stuff like a family ring will go to my Dsis.
DH has two young DC. If he dies first he wants me to be able to stay in the house as long as I want, for his assets to pass to me, and then when I die, for mine to pass to the DC - his for now and then any we might have. If I die first he gets the house and again, assets will go to all DC when he goes.
He currently pays child support and spousal support, the court order says if he dies that's the end of both. Yes, he won't be here to pay his ex anything, but they won't stop costing her money either. I've heard of people insuring maintenance payments but the order specifically says she gets nothing if he dies.
If we die together while the DC are still young, do we put what we have in trust with someone and our assets go to them when they're old enough? Not their DM but maybe one of the god parents? How many SMs without their own DC are planning to leave everything they have to their DSC? Is it different if you have DSC and DC of your own?
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32 replies
AnneLovesGilbert · 29/06/2016 16:28
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