Will is of utmost importance, not only assets but our children. Our original Will was written when the children were exceptionally young with guardians mentioned at the time, filed and forgotten!
New Will was drawn up in 2018, much had changed in financial tangible assets and sons now adults, how very glad I am that we did while still in sound mind.
During Covid my young neighbour passed away suddenly/unexpectedly, fit healthy young man in his early forties. First thing I asked his wife, do you have a Will, alas no they didn't, the government steps in with laws that have now ripped a wonderful young family to shreds, so yes that Will is important and must be updated I would say every 5 years, things change!
!LUV
!LADY
Thanks for sharing your information and experience. I agree that will is a form of handing down the baton to the next generation.
I'm very sorry to hear your neighbor's story. I have seen many cases like that.
It is good to inform you that we need to update our will from time to time. Thanks.
Tough lesson one can never go back in time. There are times one is shocked by families, although it really shouldn't whenever there is a possible handout.