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Thoughts on a will
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<blockquote data-quote="Tanya M" data-source="post: 704646" data-attributes="member: 18516"><p>Hi Mamacat,</p><p></p><p>My husband and I did our will a couple of years ago. My son, my only child is going to be 35 next month. He has 2 children that he abandoned 6 years ago.</p><p>We put our estate into a trust for our grandchildren. They will not have access to it until they are both 30.</p><p></p><p>It was and easy and not so easy decision to make. We love our son very much but like you, we have given and given with no appreciation in return. I know that if we left money to our son he would blow through it. My husband and I have busted our butts over the years working hard to have what we have. </p><p></p><p>Much thought was given to this before we made our decision. If we would leave everything to our son what would that look like? Our son would have quite a bit of money and would probably live pretty well for a while but when money isn't managed well it will run out. Our son would end up in the same situation he's in now, homeless and broke. </p><p></p><p>When we met with our lawyer to go over everything I asked her how common it was for parents to leave their children out of their wills, she told me it's much more common than people realize.</p><p></p><p>The best way to not have any issues between her and her brother is to make sure your will spells it out. Ours says specifically that our son will receive nothing for reasons known only to myself and my husband and that it cannot be contested. Also, you are under no obligation to share with your daughter the decision you have made.</p><p></p><p>((HUGS)) to you......................</p></blockquote><p></p>
[QUOTE="Tanya M, post: 704646, member: 18516"] Hi Mamacat, My husband and I did our will a couple of years ago. My son, my only child is going to be 35 next month. He has 2 children that he abandoned 6 years ago. We put our estate into a trust for our grandchildren. They will not have access to it until they are both 30. It was and easy and not so easy decision to make. We love our son very much but like you, we have given and given with no appreciation in return. I know that if we left money to our son he would blow through it. My husband and I have busted our butts over the years working hard to have what we have. Much thought was given to this before we made our decision. If we would leave everything to our son what would that look like? Our son would have quite a bit of money and would probably live pretty well for a while but when money isn't managed well it will run out. Our son would end up in the same situation he's in now, homeless and broke. When we met with our lawyer to go over everything I asked her how common it was for parents to leave their children out of their wills, she told me it's much more common than people realize. The best way to not have any issues between her and her brother is to make sure your will spells it out. Ours says specifically that our son will receive nothing for reasons known only to myself and my husband and that it cannot be contested. Also, you are under no obligation to share with your daughter the decision you have made. ((HUGS)) to you...................... [/QUOTE]
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