(Closed) Do you have a Will?

posted 7 years ago in Legal
Post # 3
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

We don’t have one yet but you also will want to consider getting a trust.  Just because you will something to someone doesn’t mean that they don’t have to go through probate and lose some of the inheritance to court fees.

Post # 4
Member
1553 posts
Bumble bee
  • Wedding: June 2010

My husband and I have wills…but then I’m an attorney and one of my coworkers drafted them for free.  I don’t know many people my age that have done them yet.

Post # 5
Member
3374 posts
Sugar bee
  • Wedding: October 2011

I really don’t know much about wills…. Currently I know that Darling Husband would get everything, but if we both die what happens? I would assume our parents would split everything in half.

Post # 6
Member
1676 posts
Bumble bee
  • Wedding: July 2012

We don’t have a will drawn up yet, because in Canada a marriage voids your will (interestingly enough, divorce doesn’t.). But we will have to make a will ASAP after we’re married because Fiance has a severe chronic illness and I want to ensure that it is very clear that I make the decisions if/when he is ever hospitalized. 

Post # 7
Member
3671 posts
Sugar bee
  • Wedding: March 2011

We don’t have a will yet but we plan to each get one sometime this year.  We were wanting to do this anyway but it seems more necessary to have one after our little girl is born in July.  We want to make sure everything is in order, especially if for some reason we both die and she is left without us.  We want to make sure everything is taken care of as far as our arrangements, where our possessions will go, and how she will be taken care of and who will be her primary caretaker. 

Post # 8
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@mandb122:  Please make sure you have a trust that has your daughter as the beneficiary!  Children can’t inherit money so if you just have a will, requests for her welfare will have to go through the courts.

Post # 9
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@red_pepper_gal:  I’m not sure if Canada is different but you need to have a living will in the US to take care of things like incapacitation and power of attorney.

Post # 10
Member
5428 posts
Bee Keeper

Don’t have a will, don’t own much… but my mom bought my RIP place already in a crematorium, so I am getting cremated and placed next to her (she’s still alive) and her late husband and my late brother.

Post # 11
Member
3671 posts
Sugar bee
  • Wedding: March 2011

@MrsSaltWaterTaffy:  I know, I actually had a teacher in college tell us she’d seen that happen so many times!  We were going to put the money in a trust for her care and for when she turns 18 so she’ll be able to inherit it at that point. 

Post # 12
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@mandb122:  I’m glad you know!  I just worry about people because I’ve seen so many think that a will is all that they need!

Post # 13
Member
13096 posts
Honey Beekeeper
  • Wedding: July 2010

We don’t have one now but we will definitely have something put together when we have kids.

Post # 15
Member
3374 posts
Sugar bee
  • Wedding: October 2011

I wish there was a program like turbo tax! I dislike all the will programs I’ve seen online and they’re so expensive!

Post # 16
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@MrsRuby:  It wouldn’t hurt.  Every will still has to go through probate even if you don’t have kids.  If things are joint, you should still be able to access accounts and things like that but it is possible that you might have trouble accessing other things while in probate.

The topic ‘Do you have a Will?’ is closed to new replies.

Find Amazing Vendors