What’s in your will for your kids?

No idea, so I wanna know too!

is there money over from the life insurence that would go to caitlin what about what happens to the house eg is it rented out while caitlin is too young to live in it and that money goes to her thats all i can think aabout for now

What happens if one of you dies, and your partner remarries?

Have you thought about including a letter, outlining the things you would like for your daughter i.e. what school you want her to go to, what type of activities you want her to pursue.
Maybe some words of wisdom or advice from both of you? Like what kind of person you want her to be, something about yourself.
I suppose you can do one of them video diary things.

Edited by fleury

At the moment ours just says that the stuff goes to either one if either one of us goes first. If we both go at the same time then my dad and MIL are in charge of our stuff. At the moment I think Andrew and Josh are too young to nominate things too. I do know that my parents have things set aside for each of me and my sisters and also for Andrew and Josh.

It gets a bit tricky with step families - especially if one person brought more into the relationship financially than the other, so its important for wills to reflect who has contributed what to the relationship. Best advise in those circumstances is to get a good solicitor of your own (rather than a shared one) to look over it.

I'm not 100% sure but I think you still need to specify if you want guardianship to go to your parents...have you also thought about including a "back up" plan? If you parents couldn't take her for some reason who do you want to care for her?

We need to do our will but we will leave everything to Maddie and guardianship goes in the first instance to her Aunt and Uncle. Her Nan and Poppa are the "back up" though we also have someone in mind for that as well who we would be very happy to have guardianship but I need to talk to them about that as I haven't yet.

When DH and I set up our will we left everything to be divided equally between our children. Including Micheal who is DH stepson, how it was divided was never an issue. We didn't want our kids fighting over who got what and who deserved more etc. Being part of a step family (my father has remarried twice), although I am his natural child I am aware that if he were to die his estate is to be split equally among us and my step families which I am fine with as whether blood or not he was their father as well. Although it's all about different situations Micheal's NF doesn't have anything to do with him, which may have changed the dynamics.

I had to put down in my will that I wanted DH to be Micheal's guardian and have made sure I have several family members support to back this up in case of any trouble.

If we were both to go at the same time we have left One of my sisters and Troys sister as guardians of the kids and have left strict instructions that the kids are to stay in CHCH with my sister but are to visit Troys family twice a year. At our expense of course we have life insurance in a trust for the kids part is for when they are older and the rest is for schooling, visits and expenses, which will be issued by public trust.

Personally I like what my grandparents have done, they have sent each of their children a copy of their will and told them if they have any problems to sort it out now while they are alive, as if they find out when they die that they are fighting over it or contesting it they will come back and haunt them lol. Nana said she didn't want any bad feeling after she had died so decided to show them now and iron out any chinks, very smart I think.

Wills are so messy, I'm wondering if that's why so many people leave their stuff to charity.

Edited by nuttymama

All our's say's is anything is all our kid's.  And my best friend is to have the children and control of all their finanices till they are old enough.  Would never lt my parent's have them and Pete would be horrified if we left them to him hes is busy going through a midlife cirsis even bought a sports car.   And I don't think any of our sibling's are right either I know my bestie will keep them close to the family and be the best person for my boy's course when I get to 4 kid's then she may want to change her mind which mean's we will be on the look out for someone else.

We haven't made our wills yet (mainly because with Kiya being Nat's step daughter, it means we have to do it face to face rather than online or anything like that) but we know what we want...

We both have life insurance, and the basic idea is that everything gets left to each other; but if we both die at the same time everything gets put into trust for the children, and is to be shared equally amongst them. I will specify Nat as Kiya's guardian in mine. There will be one or two specific bequests - mainly an old doll of mine (that was my mum's) will go to Kiya as oldest daughter. Nat's sister and husband are to be guardians, and the life insurance is more than enough to pay for them to come over from Aussie and collect the children, and to pay for schooling ect.