Post # 1
This summer, on my to-do list is to draft my own will. I’ve been thinking about what I want to do in it, and I was curious for ideas what sorts of things folks have put in wills. Things I have considered:
- A modest monetary gift to a charity I’m involved with
- A modest monetary gift to my (only) nephew for education (I might put that in my sister’s name)
- A few personal items – specific pieces of jewelry to my sister, division of the rest of my jewelry except my rings between my sister, SIL and mom, and some intricate time-intensive handmade work to my dad
- Residual (large bulk of the estate, such as it is!) to my husband
What have you or would you give away in your will? Did you give anything to friends? All to your spouse? I feel a little bad giving away personal items to some family and not others, so I might have to think of something for my brother, but nothing leaps to mind.
After the will, next up is writing down my health care wishes. (For a health care attorney with bioethics degree, you would think this would have been done years ago, but no.) I spent years telling my parents things I wanted, quizing them (they failed on all but “no Terry Schiavo!”) and now I need to teach Darling Husband. Writing it down is better.
Note: I don’t recommend for people to do this themselves with online wills generally, but I’m an attorney and did at least take a T&E class & draft a will there, so this will do me fine until I have kids, when I’ll want to go in with Darling Husband to get both of ours done.
Post # 3
- Wedding: November 2013 - St. Augustine Beach, FL
@kay01: Check out the elective shares for your state and make sure you give at least that to your spouse or he can contest your will in order to get it. Otherwise, the most important thing is to pick an executor who you know will carry out your wishes even if your family disagrees with them.
A Living Will and a Health Care Surrogate Designation are what you want to avoid Schiavo.
Post # 4
I would want to give different personal items to different people, for example I would want Fiance to have my first copy of my favourite book, Pride and Prejudice. I have pretty much no money, but I have lots of shares so I would give some each few different people. I would have requests for funeral arrangements, etc. It is probably a good idea that I get a will drafted soon.
Post # 5
Right now my life insurance, retirement fund, house (its our house, not mine) and any large assets are all going to my Fiance. I haven’t taken the time to determine where specific items, like jewelry, will go though
Post # 6
@beachbride1216: Yes, that is why I want to write down my health care wishes. And yes, I know elective shares in my state and Darling Husband would receive well over them. I edited my post to clarify that I’m only talking modest monetary sums, not huge amounts. Darling Husband would be executor, although I need to think of a secondary person.
I haven’t done it previously for the most part because I was generally fine with intestacy rules, but I’d prefer to avoid the hassle of intestacy for my family and I’m now married so that changes things too. Darling Husband is a different matter – he doesn’t like what it would do in our state (his dad would end up some cash), yet doesn’t do anything to draft a will. Sigh.