Before committing to some serious financial restructuring we really must get around to having wills drawn up. As Ren rightly pointed out it’s not just about who gets the kids (we’re taking offers…) but there really isn’t too much complexity in what we need to address.
We’d love to know what you have done. Have you used kits, completed a will online or sort professional assistance? Any tips, trick or potential pitfalls to watch out for?
I am not a lawyer, but if you’re only wanting pretty simple (eg all the dosh and assets go to X) then the kit is probably OK. I used one years ago, which reminds me I should probably update it.
As per Daniel, kit is fine if it is a very simple will, that is two parents leaving to each other and then the kiddies. As far as I know, there is only one possible complication for you, but I can’t see how it could affect a will. Even without a will, the government would administer your estate in the same manner. Unfortunately, it does not seem to matter how your write your will. If someone challenges, it is cheaper to pay them off early, rather than go down the moral high road.