Do I need a will?

[Punchthosecalories]

I've got a DH and two children. We jointly own the house but it's still heavily mortgaged. We have only debts no savings.
Presumably our DS and DD would stay with their father my DH and that the house would just transfer to my DH?
I've not much experience of this. If the children and house are certain then is there a reason that I should get a proper Will?

What if you and DH were in eg car accident together? Who would you want to look after the children day to day? And who would you like to hold the purse strings for them until adulthood? (As that might not be the same person).

If you were all, heaven forbid, wiped out in a freak accident, who would you want to inherit?

Yes you need a Will.

yes, you don't want George Osborne to get his hands on your kids money (if you die intestate they won't get their full inheritance)

We've just done ours through Will Aid

If you have children, you need a will.

It's never occurred to me that both of us might shuffle off at the same time young, well 33.
It introduces a rather upsetting thought that I really dont know anyone I could suggest to my DH. His mum elderly, my dad terminally ill, my grandad 86. What is the protocol for folk like us? Do you ask friends?!

You have to nominate someone to take care of your children until their majority, I've put down my sister as her dd's are close to mind dcs and age wise they're quite close too. Of course it doesn't have to stay like that forever, wills can be changed as your circumstances change. In 10 years time my sister might not be in a position to potentially take in two teenagers, but I'll cross that bridge when we get there.

When your family is young, it's quite a good idea to make a provision if (and these things are horrible to think of) you all die together. Our solicitor pointed out that if we go away etc we're most likely to have the dcs with us when they're so young, so we have to consider that as a possibility too. In which case we nominated the next people to benefit from our estates. I left my half to my nieces with some small bequests to my friends children and my godchildren.

Hi, I'm a will writer and often people do appoint either their siblings or close friends as Guardians, as their parents would be too elderly.

If you're married, your spouse does not automatically inherit everything and if you're not married your partner does not automatically inherit anything at all.

It is far better to make "good enough" arrangements than none at all.

I have a paid for ad over on the Classified (small business) section titled "5 Star Will Writing Service recommended by Mumsnetters" if you want to mosey over.