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Making a Will
Former Member
Posts: 1,876,323 The Mix Honorary Guru
Bit of a morbid topic, sorry.
When is a good time to make a will?
When you get married?
When you have children?
When you have assets?
Is it necessary to make a will if you don't have either children or assets?
Have any of you made wills?
I had a :crazyeyes moment the other day and realised that I have neither a will or any idea about making one! Not that I own anything *that* valuable. Except my yarn stash. Kaff can have that though.
eta I haven't googled or anything because I'm more interested in just discussing it a bit rather than looking for websites with instructions on how to make one
When is a good time to make a will?
When you get married?
When you have children?
When you have assets?
Is it necessary to make a will if you don't have either children or assets?
Have any of you made wills?
I had a :crazyeyes moment the other day and realised that I have neither a will or any idea about making one! Not that I own anything *that* valuable. Except my yarn stash. Kaff can have that though.
eta I haven't googled or anything because I'm more interested in just discussing it a bit rather than looking for websites with instructions on how to make one
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Neither of us have wills, although BOTH of us should have, as we do have assets and are soon to have a dependant! Being married makes it much easier, especially if you don't own a great deal, but IIRC it's not as simple as just everything you own goes to your spouse.
Plus, what would happen if you both died at once? I know it's awful, but you have to think of these things! I *think* in that case that your stuff would go to your parents, but if you wanted to, just as an example, you could specify that everything be shared between your siblings instead. I've just been trying to get my head round it, and it's a bit :crazyeyes
There's a load of useful info here. Bit legal-jargony, but it clears a lot of things up!
What I can't find out, though, is if we were both to die without leaving a will, who would get custody of any children? I would assume the grandparents, but whose? Or would it be shared equally?
I think you have to specify this in your will. I know my sis has just done something like this, as she would like my mum to have her son if anything happened to her and her hubby, rather than his mum. He agreed and they were advised to get it in writing. If there is nothing laid down as far as I know anybody could fight for custody.
It's a good idea to get that sorted though because you'd want to have some say in who raised your children if you died.
I hate thinking about these things but when you think about children you really have to.
But yeah you can have my yarn Kaff, there is even a couple of balls of varigated acrylic in there, just for you
I feel so special! Do you think this counts as a legal contract?
I know we really do need to get it sorted, and we will, I just wondered if there was a default option the way there is with your possessions? It doesn't seem to be mentioned anywhere! I would think the courts would give preference to blood relatives etc if there were to be a custody battle?
This is a misconception. It is almost even more important to make a will when one gets married. Dying 'intestate' under the Administration of Estates Act 1925, the spouse and children do not automatically receive everything in the deceased's estate.