My assets are considerable. Upon the death of the last surviving spouse all monetary assets will be divided between her children and my children. This is a second marriage for both. Property is to be sold unless one heir wants to buy out the other heirs. The sale of these properties is to be divided between all equally. My spouse and I have a few personal items some of value but others not much to be given to an individual heir. Each heir has a copy of the will so there will be no bickering about what each expected.
I have seen insane lawsuits of one family member against another in contested wills. It destroys the family and is just plain damn ugly and in most cases wrong.
GOD BLESS YOU for such thorough and thoughtful estate planning.
I’ve seen families destroyed over greed for getting the whole inheritance.
“My assets are considerable. Upon the death of the last surviving spouse all monetary assets will be divided between her children and my children.”
Ditto for us re assets, but we have no children.
We’ve stipulated a percentage amount for my siblings (DH has none), and some friends of Mom who were generous with their time in helping her when she wasn’t well. A religious radio network network reaching the globe. No-kill animal organization.
There are four of us siblings and when Mom passed we all meet with her attorney. Attorney commented on how smoothly things went and that there was no discord.