Wills

[Ifyoubuildit]

Hi,

I wanted some advice about wills and what people have done regarding step children. DH and I are sorting our wills and discussing what should happen to our estate should we both die. He wants it all to go to his children (my step DCs) but I would like my part to go to my family. The reason for this is that my step DCs mum is almost certainly going to inherit an estate a few million that will eventually go to my step DCs, whereas my siblings' families have very little money and won't inherit anything from our parents.

We have lots of life insurance to make sure his DCs are very well looked after so it's not about maintenance at all.

Am I being unreasonable to want this? DH is making me feel guilty about it.

We class our assets as 50/50, his 50% goes 3 ways between his 3 kids and my 50% goes two ways between my 2 (which are also his youngest 2).

My DSis is in a similar situation to you. Her share is going to my dc's and his share goes to his dd (his dd is in her 30's).

Thanks both, you've made me feel a bit less mean.

We do have our own DCs and we've agreed the proportion that goes between them and my sDCs if only we die but we can't agree what happens if we die and our DCs die, leaving the sDCs (if that makes sense). DH finds it hard because I'm a SAHM and I think he feels that as he's earning the money it should go to his DCs on our deaths but I brought equity and savings into our relationship when he had nothing, which enabled us to buy our house (our only real asset) so it's hard to say what's mine and what's his.

I love and care about my sDCs but my siblings' families are so broke and I hate the idea of my money going to my sDCs (who are likely to be very wealthy in the long term) when my siblings are struggling and are likely to always be financially hard up.

I agree with the splitting 50/50 idea... but I would split his half between all his children including the two you share and split your half between your kids and any family members you wish to leave it to!

Agree with Alita7

if youbuild it, my belief is that if you are a stay at home mum you are cleaning the house and raising the kids and are contributing that way. So your combined assets should be both of yours equally, if the agreement is that It would be best for your family for you to be sahm.