CPW: Will

[geners]

Yes, we finalized ours a while back. Was so glad to have that done.

[gdaisy09]

I have to circle back with the lawyer I contacted. We were going to get it done at the end of November then LO was early and we haven't managed to schedule an appointment

[RoLoMa]

Nope. See note in life insurance thread re: sucking at adulting

[aswedishbee]

Aug 24, 2016 6:05:16 GMT -5 RoLoMa said:

Nope. See note in life insurance thread re: sucking at adulting

+1

[thatgirlrachel]

Nope!

[obscurereference]

We need to find a lawyer and H needs to talk to his sister about taking the kids. It will be started at least after my H's next bonus. We're planning on doing wills and advance directives. What an unfun way to spend money.

[physiomeg]

This thread is reminding me that I need to call about this! I specifically signed up for legal coverage (something new offered through my work benefits) so that I could set up a will without it costing an arm and a leg. I'll need to look up who I call though...adulting is hard.

[Deleted]

Wills can be done pretty simply if you can't afford to have them done by an attorney and/or it seems overwhelming. I will give you guys a few tips too to make it easier. Make sure everything is in both you and your SO's name-bank accounts, cars, house, other big purchases. Write out how you both will handle power of attorney and Do Not Resuscitate (DNR) plans and list whoever will take care of your children and pets. Put the rest of your personal property in a trust. List who will execute your estate. Probably a sibling or parent and then you can have that change upon your child becoming a certain age. Have two witnesses sign with you and have them notarized. This way at least the basics are covered.

ETA: I am in no way trying to give any of you legal advice but doing the things I mentioned above would at least cut out a few headaches if something happened to you or your spouse unexpectedly, particularly if you just have basic assets like a house and a couple of cars. 

[COCO]

We did a will shortly after DS was born. DD and any future children are covered in it.

[expatmama11]

We did all of our estate planning when I was pregnant. We have a trust set up which covers everything including custody of Cameron.

[geners]

Aug 24, 2016 11:02:55 GMT -5 @helgahufflepuff said:

Wills can be done pretty simply if you can't afford to have them done by an attorney and/or it seems overwhelming. I will give you guys a few tips too to make it easier. Make sure everything is in both you and your SO's name-bank accounts, cars, house, other big purchases. Write out how you both will handle power of attorney and Do Not Resuscitate (DNR) plans and list whoever will take care of your children and pets. Put the rest of your personal property in a trust. List who will execute your estate. Probably a sibling or parent and then you can have that change upon your child becoming a certain age. Have two witnesses sign with you and have them notarized. This way at least the basics are covered.

ETA: I am in no way trying to give any of you legal advice but doing the things I mentioned above would at least cut out a few headaches if something happened to you or your spouse unexpectedly, particularly if you just have basic assets like a house and a couple of cars. 

I would agree with all of this. We did our wills & trusts, and healthcare POA and living wills, through an attorney, but he had us do exactly what you mentioned.

I actually have two trusts - one for C and any future children, and one for my nephew. That added a layer of complication but even then wasn't too bad.

The hardest part of everything was deciding who would be our child's guardian in the event of our death, who should be executors of our wills, and who should have healthcare POA if something happened to one of us.

[cnf2013]

No, but the idea of getting one has come up a few times. It's going to have to wait though until we're done giving all our money to builders and brokers right now.