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jazzy 
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Joined: 16 January 2009
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 Topic: Wills
Posted: 07 June 2010 at 1:51pm |
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We need to update our wills.
I have been putting it off for too long.
Ours is rather straight forward...I hope...everything will be divided between our 3 kids when we are gone.
My SIL has been done down to the pot plants...but then her one are really expensive (don't look it, lol) her DH as 2 other kids that are included in his share.
If there is someone you don't want to include do you need to note that on the will or do you just leave them out?
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fattartsrock
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Posted: 07 June 2010 at 3:09pm |
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Just leave them out.
I recently did mine and absolutely did not want to leave a red cent of any of my life insurance or any of my things to my stepson, so he was left out of mine.
With DH's life insurance it would pay the house with a bit left over and me and our children can stay here till the smallest is 18, and if I have remarried etc, it gets sold and divided amongst the three of them. If I don't then I can stay put as long as I like and it gets sold and divided 3 ways upon my demise. But my life insurance is for my chidren only. Personal effects I have nominated to the people I specifically want to have them (I have alot of jewellery) and other stuff would just be take as you like,
I did mine through my lawyer.
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The Honest Un PC Parent of 2, usually stuck in the naughty corner! :P
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jaz
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Posted: 07 June 2010 at 3:48pm |
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I have heard that if there are step children, new partners etc you are better to leave them a token as it makes it harder to contest the will later. Sort of proves that you didn't intend to leave them a share, not that circumstances changed and you never got around to updating your will. Your lawyer would be able to advise you on this though.
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fire_engine
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Posted: 07 June 2010 at 3:59pm |
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You may need to explain why you are leaving them out as they can appeal (and often win a share) like Jaz said.
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Mum to two wee boys
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jazzy
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Posted: 07 June 2010 at 5:03pm |
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My DH was a teenager when he was with an older woman she chose to get pg & did not discussed it with him, prior to telling him they got a house, & when she asked him to leave so she could go on the benefit he left everything & the house for the child. They never married & were not together that long.
He has not had much contact with the child as that was her decision.
When DH & I got together years later he had nothing (had moved back home) I had my stuff & a lot of my family stuff, we have been given family things from his mum that are to stay in our family & everything we have bought we have both paid for.
My IL's have not left anything to him or any GC just there kids (I have read their will).
I suggested we leave him something but DH does not want to, he jacked up a job for him but he is just like his mum...too lazy so hung up on DH so DH feels he has done all he can...he got the house & everything in it, spent hundreds of dollars a month on child support & had no return on it (visits, information, photos etc).
If I was to think of what to leave I am stumped as I even bought his watch as a present.
Oh there is the box of stuff she brought around when the child was 14yrs old (nearly 18 now) it contained empty fizzy cans, paper rubbish, a 1/2 pk or cards, empty smoke pks & a couple of moldy old books....she was lucky I was working....hmm but they have long gone in the rubbish...maybe I should collect some more.
The reason all this has come about is because we are upping our life insurance & kiwi saver to make sure our 3 boys are ok & we are if somethings happens.
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caliandjack
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Posted: 07 June 2010 at 5:14pm |
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Our will is already set up to go to our children and grandchildren before I even got preggers, we did that from when we brought the house so we wouldn't have to keep changing it.
DH doesn't have any brothers and sisters, so we decided to leave everything to my two nieces who are named on the will in lieu of any of our own children.
My brother is with another partner who has a daughter also but nothing from us will go to her.
We are having to decide who will be the legal guardian of our children as our parents are getting too old - and I don't want them going to my brother in Aussie.
At this stage if we're both dead I think my ex-sil would be where I'd want them to go, then at least they'd be with their cousins.
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fattartsrock
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Posted: 07 June 2010 at 8:50pm |
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Its pretty obvious that I intended to leave him out as it is stated so inthe will. it is also stated that he is left out of my will as he will be inheriting form his mothers estate as well as his fathers and my LI is soley for my blood children.
After the way he has treated me (and my children) he deserves absolutely nothing and he knows it.
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The Honest Un PC Parent of 2, usually stuck in the naughty corner! :P
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fallen
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Posted: 07 June 2010 at 9:22pm |
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DF and I had our wills done by public trust. We have 'mirror wills' with both basically saying the same thing. We leave everything to each other, then evenly to both and additional children, then in the event all of us expire at the same time divided evenly between one of my brothers and one of DF's brothers.
We've also appointed guardians for the kids. My understanding on guardians is they don't necessarily have the kids live with them if we die. But they get to decide who and where the kids live with.
DF isn't DD's bio father and in the case of my demise I don't want DD going to her bio father (not that he'd want the responsibility anyway). So I've had to write a letter thats been included with the will explaining my reasoning for this.
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mummy_becks
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Posted: 07 June 2010 at 9:56pm |
My friend has just had to update her will as her exectiar(sp?) died a few weeks ago. She doesn't want her immediate (read birth) family to have anything of her after she is gone so has stipulated they are not to have anything and the reasons why and who is actually going to get her stuff (which is her DH and son).
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I was a puree feeder, forward facing, cot sleeping, pram pushing kind of Mum... and my kids survived!
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Wills