DH and I need to write new wills as the provision in our exisiting ones is no longer needed/appropriate. But we've been putting off doing it as not sure what to write in it. Initially, we will leave everything to each other and in the event that we both die then it will all go to our one surviving (young adult) DC. That's the easy bit.
DC is not currently in a long term relationship and has no children. We presumably need to make some provision in the wills in the event that DC pre-deceases us or we all die together (the latter possibly catastrophising a little, but always possible, as we don't always travel separately like the Royals). Both DH and I have 2 siblings each but we are both the youngest by a fair number of years. So in the normal turn of events they would be expected to pre-decease us (one is in poor health). Both my parents are dead as is one of DH's with the other being very old and definitely wouldn't want an inheritance!
The dilemma is what provision to write into the will in the event that DC is not around to inherit. I'm trying to avoid having to re-write them again.
We have DN's on both sides of the family but one sibling has no DCs. We could leave it to DNs in the event there's no other succession but if siblings are still alive that would leave one sibling out. None of the siblings need the money but the DNs are all young adults who would all be grateful for the money, I'm sure. We don't see any of them that often (due to geography rather than any falling out) and I feel sure they would never be expecting to inherit from us as they will assume our money will go to their cousin (our DC).
So what would you do if you were writing a new will in our position;
a) leave to siblings so one isn't left out (assuming they're still alive)
b) leave to DNs to be split equally (3 on one side 4 on the other)
c) leave the lot to charity
d) leave everything to DS and hope we don't all die at once or that he has DCs by the time we die.