This week obviously I haven't been thinking much about finances or being frugal. I haven't spent money on anything except trying to go home, board the dogs, but I've been contemplating life and my relationship with money a lot.
The question now raised is do DH and I need a will? We're DINKS who really have built our assets together from the scratch. We don't have a lot, and I'm pretty sure that for DH's company life insurance I'm the beneficiary as he is my beneficiary. So the question is do we need a will?
We both feel at this time a will is unnecessary because if the other person dies then the survivor should get everything. However I was thinking that perhaps we need a will to let our parents know our wishes. DH and I know we each want to be cremated and would like our ashes kept to be scattered when the other person settles in a permenant home (not Boston). But also I think we may need a will to allow our parents to understand that DH wants to be kept alive and I prefer to not be kept alive if a vegetable.
I think if my life is not happy and healthy, I don't want to live. But I am not sure if my parents could deal with DH taking me off of life support. By the same token I'm not sure what DH's parents would want. It's funny that your parents, who love you dearly and raise you, would never discuss this with it. The idea of losing a child is the most painful loss. Because it's ingrained that the older personw ill die first.
I guess I'll discuss at least informally DH and I putting our wishes down on paper. Does everyone have a will? Was it put together with the conception of your first child or earlier?