Last will and testament

Keep_pedalling

sevenhills said:

Mojisola said:

It's straightforward for a good solicitor to phrase a clause that will include any children born between the writing of the will and the testator's death.

I will leave it as my daughter to pass it down. It gets complicated when children receive money at 18

Not complicated at all, why are you so reluctant to sit down with a solicitor to sort this out? Far too many people keep putting off making wills for silly reasons like this.

74jax

sevenhills said:

Mojisola said:

It's straightforward for a good solicitor to phrase a clause that will include any children born between the writing of the will and the testator's death.

I will leave it as my daughter to pass it down. It gets complicated when children receive money at 18

In what way complicated? 
If you don't want to leave them anything that's fine but it's not complicated, it's one extra sentence a solicitor writes. 
Your daughter can do what she wants of course, but if you wanted to leave them something it's really not complicated. 

Surfbabe

Don't specify amounts, use percentages or shares and see a solicitor so that you can discuss the situation and have the will drawn up properly

sevenhills

Keep_pedalling said:

Not complicated at all, why are you so reluctant to sit down with a solicitor to sort this out? Far too many people keep putting off making wills for silly reasons like this.

So you accept that many put off writing a will, why do you think that is?

I may have just a house and very little else to bequeath, on the other hand, I could be leaving many thousands and a house.

JGB1955

sevenhills said:

So you accept that many put off writing a will, why do you think that is?

I may have just a house and very little else to bequeath, on the other hand, I could be leaving many thousands and a house.

I think people put off writing a will because they are scared of admitting that they're not invincible and (instead) take the ostrich approach.  As you get older it gets easier.  Particularly when you realise that (as a couple) you're leaving an estate in excess of £1M.  Time for some serious planning. 

We originally told our children that we would leave it up to them to pass on any inheritance to grandchildren (if they so wished) via DOV.  That was a couple of years ago.  We're already revisiting that decision...

Wills need to be kept up to date......

Keep_pedalling

sevenhills said:

Keep_pedalling said:

Not complicated at all, why are you so reluctant to sit down with a solicitor to sort this out? Far too many people keep putting off making wills for silly reasons like this.

So you accept that many put off writing a will, why do you think that is?

I may have just a house and very little else to bequeath, on the other hand, I could be leaving many thousands and a house.

I think for many they just don’t want to think about their own mortality. The majority of British adults do not have wills and the it does not seem to matter that for some dying intestate could be an absolute financial disaster for those they leave behind especially unmarried couples.