I plan on getting married soon. I am 66 years old with 2 grown children. The lady I plan to marry is 54 with a 17 year old daughter. My son told me that I should get a will before I get married but I don't know what to put in it. I own my house and my truck is paid off. I have a $125K life insurance also a $10K life insurance from the USPS from which I recently retired. Other the house and truck, the only real thing I have is that I collect coins and would like to leave them to any children that my kids eventually have.
Drafting wills in blended family situations is more complicated and less expensive than you think. Hire an attorney to do it right so your family will not have a huge mess to clean up after you are gone.
Rather than a will you want to consider a pre-nuptial agreement to make sure your assets go to your kids. In many states you cannot entirely exclude your spouse from an inheritance without one.
The above statements are provided as general information and not intended as legal advice. Each matter has its own set of unique circumstances that cannot be adequately addressed without consultation. You are strongly advised to hire an attorney licensed to practice law in your state to represent you.
Just to clarify what the other attorneys are saying: You would likely benefit from having a prenupital agreement prior to your marriage reviewed by independent attorneys for each spouse-to-be. You can then draft your estate plan to take care of these wishes you've expressed taking into account certain marital rights that exist.
This is not legal advice nor intended to create an attorney-client relationship. The information provided here is informational in nature only. This attorney may not be licensed in the jurisdiction which you have a question about so the answer could be only general in nature.
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