Estate Planning Questions and Stepkids
Question about My Estate and my Will
I have 2 kids, my first wife is deceased. I am remarried to a woman with 2 kids. We are re-doing our wills.
Her kids do not live with us because of serious behavioral issues - they live with their Dad.
If something were to happen to me I want to make sure my second wife is taken care of and my 2 kids are taken care of.
If I die and then a day, a month, a year....or years later she dies...I want to make sure her kids don’t get any money from my estate. Has anyone else been in this situation.
Am I a bad person because I want my estate and money to go to my wife and kids and not hers. After all they will get their Dad’s estate when he dies.
My attorney suggests designating my kids as my beneficiary on certain accounts - so in the event something does happen it goes to my 2 kids. I was told that designated beneficiaries overrule the will.
Any suggestions would be appreciated.