My wife and I are planning to write a will, or have one written for us. To me, it seems very simple. Our wishes are:
- If either my wife or I dies, the other one gets everything.
- If we both die before our child is 18, he goes to Bob. All our stuff goes to our child in a trust that he gets when he turns 18, to be managed by Bob until that time.
These wishes seem very simple and straightforward to me. I can't imagine them being genuinely misinterpreted.
In contrast, a basic online will template runs 10-20 pages. I can imagine this complexity being justified if I had a complex estate in the future, but for now it seems excessive.
Can anyone point towards specific cases where someone with a similar will has run into major problems because they wrote a simple will instead of the complex legalese one?