Creating a "Will"..Not Easy but Probably Necessary...

I've really got to get with the program and write on. I only have my daughter as an heir, but I want to ensure her father (my ex husband) doesn't get his hands on anything I leave her. Plus I'm planning to remarry next year and Jim also has a daughter. My parents are gone and my sister and I inherited dad's large train collection-I want to ensure they'll stay in the family and I want them to go to her after my and Jim's passing, not to his daughter. Her father's collection of trains can go to her.

I think there is really a need to draft your will as soon as you have properties or a large amount of money kept under your name. It is very ideal so that it would lessen disagreements among family members, too.

I didn't ever though of such a 'will' earlier. But as you mentioned here, I think we need to prepare a w/l in all respects. Regardless of age and other matters, we need to go for a will if we already having properties, assets in any form. The will can be in any form and it can contain the basic thoughts. You said you don't have children and there is still chances. And if you have any kind of property and it is having a good worth or less value, whatever it is, you can make a will and register and keep it. You can mention the basic things and if required you can amend or can add clauses or annexes to it. I think this kind of precautions are necessary and we are not sure of anything and if it make some sort of sense, it can be done and it might have importance and a small effort can avoid so much of mess afterwards and also the confusion on the belongings and rights for the same for other people also can be settled easily. If we can clearly mention something in the will, it can avoid further problems among other people and also it will help to avoid quarrel, mis-understanding also.

It's true that money isn't everything, but the importance and requirement of money cannot be denied. Parents work hard and earn money for the brighter future of their children. If they die without making a legal distribution of their wealth and money, their children might quarrel over it or probably due to the lack of knowledge regarding the property and investment, after a certain period, it may be taken away by the government. So it's wiser to make a will so that your hard earned money goes to your family after you pass away.

Ishean20, I think that it is extremely inmportant to make a will; as without it (a will being done), too many persons -especially the children of the deceased- are forced to suffer the indignity of being deprived of wealth that otherwise should be becreath to them. In addition, the proceeds of land and property of the deceased -who has not make a will- are usually passed on to the Government administration department and their lawyers; instead of being divided among the relatives of the deceased.

Yes, it is very important to have a will no matter what age you are or whether you have children or not. I speak under correction, but I THINK you can have a will from age 18 (Please feel free to correct me if I'm wrong). It's also important that one updates their will when necessary. For example, when you get married, have a child, have a second child, it might be necessary to change ones will.