If so, at what age did you file one?
Since my sister’s death, I’ve been doing a lot of thinking. She didn’t have any life insurance because she couldn’t afford it and she didn’t have a will. I myself, do have life insurance, but was thinking about coming up with a will also, for my family’s sake (just in case something happens to me… you truly never know). I wouldn’t even know where to start…
November 22nd, 2009 at 10:23 am
You just go to an attorney and they do it, it’s very simple and they get all the info they need for it.
It’s very important to do it, especially with children involved.
(It doesn’t matter if you don’t have much of value as far as assets go, in a will you specify who will take care of your children if something happens to you and your spouse if you have one, this is the most important part of all for me)
November 22nd, 2009 at 11:20 am
I dont have anything of value but 6 kids, so there is no need for a will. I have life insurance but you specify whom you want it to go to when you sign up for it.
November 22nd, 2009 at 11:21 am
No we don’t have a will. I am afraid to go about getting one because of the cost that is involved in getting a will. We just had our daughter like 6 months ago and we can’t really afford that kind of thing. I know we should get one though. It is a very smart thing to do because like you said you truly never know….
November 22nd, 2009 at 11:42 am
I know I’ve been thinking a lot about it. My brother in law recently passed away after a routine surgery and he was only 35. I don’t know where to start either but I’m going to talk to my husband about it.
November 22nd, 2009 at 12:06 pm
Yes, I have a will, so I can assure what would happen to my children if something were to happen, as you never know. It also has in there other things, like medical things.
Talk to a lawyer and have them help you.
November 22nd, 2009 at 12:24 pm
Yes. really the only thing it has in it is who will get our kids if something were to happen to both of us, since we don’t really have any assets. We do have a large insurance policy on my husband and an average one for me. It is set up so that they would be able to pay for funeral expenses, get a monthly amount for raising the kids and then the rest into trusts until our children go to college or the age of 20.
I really wanted to make sure that under no circumstances would my children go to my husbands side of the family. So first they would go to my parents. In the case that my parents were unable to care for them, they would go to my brother and his wife. At this point he is the only on of my siblings who is married and could handle four children at an instant. We might update it in the future possibly when my sisters are married and have stable lives
November 22nd, 2009 at 12:39 pm
We both have 100k each in life insurance but we do not have a will. We are 22 and only have one child.
November 22nd, 2009 at 12:53 pm
all I have to leave is memories
so I make them add up
November 22nd, 2009 at 1:16 pm
If you are a parent, you should def have a will! How else will they determine who cares for your children in the event of your death? We have a will and had it since right before our first child was born. We put in there what happens if one of us dies, if both of us die, and where our children should go (my folks for now, since they are still young, but it will likely change later). We have ways to pay off the house, the bills, etc, and will have money left for the kids to be put into college funds or care-funds. I would never not have a will. I just can’t imagine risking my children by not thinking about hard things. I am sure your sister’s death was hard and terrible. But hopefully you will make a will now and get your stuff in order. Cause you really never do know. There are templates online or you can get them from Staples (just ask what aisle to find them in).
November 22nd, 2009 at 1:53 pm
Absolutely. I filed when she was 3, because that’s when my adoption of my daughter was formalized. I don’t expect to die before 90-something, but if I do, she’s taken care of financially and has her uncle to care for her. He’s always been heavily involved in her life and he’s always lived with us, so it’d be least traumatic for her to go to someone who’s already like a second parent to her.
November 22nd, 2009 at 2:53 pm
In Texas, if my husband were to die, our house would go to me and our children. I would not have complete control over the house, the state would assign someone to represent our kids. I wouldn’t be able to sell the house or move without the state’s approval. For this reason, its pretty smart to get a will. You never know what crazy laws there are in your state that could make your life difficult without a will.
November 22nd, 2009 at 3:03 pm
You are so right, I do need a will, not that I have any money but for the kids
November 22nd, 2009 at 3:12 pm
I do not have one yet..but have been planning on getting one..I am a worry wart and always worry about dieing and leaving my children so I need one..I pray that i live to be 104 but if not I need to get one made up..I use to have life insurance but not anymore so I need to get that again too..I need to talk to my husband and we need to do these things soon…sorry about your sister..that is sad..
November 22nd, 2009 at 3:49 pm
Absolutely! Our children are all grown up now but when we first got married that’s the first thing we did. Then as our children were born we adjusted our will….