I was a widower with 1 grown daughter until I met my current wife who has 3 grown children. As we are trying to plan for retirement and our wills. I would like some thought from this forum as to how to distribute money/property after I/we die.
I consider my wife and I as 50/50 owners/partners in everything.
If we die together, I think that my (1)daughter should receive my share and my (3)stepchildren should receive their mother's share. My wife thinks that we should divide everything equally so all recieve 25%.
Thanks,
Bruce