Does everyone have a will?

Answered 4 years ago

We've been talking about it for years but never done anything. I was thinking about get one of those do your own will kits from the post office.

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ANSWER

4 years ago

Definitely hire a solicitor to write one up for you - and update it when necessary/every few years. You just need to choose two executors.
I had a will drawn up after separating from my husband to make sure my two children were looked after independently of him. It’s really worthwhile - only a couple of hundred dollars for peace of mind.

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4 years ago

I added my ex husband in. Left him $1. I was advised it would be less likely he could contest the will if my children and I all passed away. In that case i left everything to the RSPCA.

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ANSWER

4 years ago

Don’t do a DIY, my FIL has one only those ones and it’s not very detailed and I think it’s very binding either.
Hubby and I don’t have one yet, it’s our list if things that we never seem to get around to. I’ve got quotes and ready to go, but hubby hasn’t made the time to sit down and discuss things like guardians for our children. It makes me nervous not having one.

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ANSWER

4 years ago

Do it properly. You'd be surprised at the he sh*t fights that happen over estates. A solicitor can make sure it's done so your wishes are carried out, it's fair & makes it less likely to be contested & redistributed. Makes it easier for executors as well. Yes, it's expensive, but you get what you pay for.
It's especially important if you have kids or step families.
Even my own family had a nasty fallout over a will (money not repaid in the will as promised, not greed). Something I never expected.

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