Should I amend my will?
I do not have children, but have been godmother to David (name changed) for 45+ years. I told his mother before she passed that he was the benefactor of my estate when my time came.
David is doing extremely well for himself. He has married a woman from a reasonably wealthy background, they both have successful and financially rewarding careers. I know he inherted well from his mother, and his wife will inherit a decent sum unless it goes on care home fees etc.
I am not in the best of health, but not at deaths door, god willing, and should have a good ten-20 years more all being well.
I live in an affluent area in the penthouse in a block of flats, which i bought decades ago and through sheer good luck and property prices being what they are, is worth a tidy sum.
He does not need it, imo! I mean sure, it would be nice.
Conversely, there is a single mother, Kate, on one of the flats in my block raising two children in a tiny three-bed flat rental. She sleeps in the box room. She is unwell/disabled herself, and has been through a tough time. Her parents died and she will inherit nothing from anywhere else. She has no siblings, no help from anywhere. The father of her children is not on the scene. We talk, she is lovely company. She works but has little left over for anything as it all goes on rent and bills. She helps me out a lot with errands and is very kind. I have already told her in passing that my estate is going to my godson, she didn't bat an eyelid and continues to help me. It has been five years, so not a very recent friendship/neighbour.
I am now tempted to change my will to change her life. It will be so life-changing for her. It won't make much of a difference to my godson who is independently affluent. She can just move up here when I am gone, have more space, and some relief from the hard slog I know she goes through to pay her rent.
YANBU - change it to this single mum
YABU - stick with the godson