Hi, my husband (46) and I (37) are recently getting our financial and retirement lives in order, and so we're also taking this opportunity to start thinking bigger about planning for the future and considering wills, medical directives, etc.
Considering where we're currently at, would you recommend we meet with an attorney to develop a will? I understand there are online programs that can help draft a will, but if we were to do this, we'd feel more comfortable going a more "official" route.
Our only physical asset worth much is our car ($10K value) which is in both of our names. We have $125K in savings (split between his savings account and mine), and ~$70K between us in our own retirement accounts.
If something were to happen to us, we'd want our kids to get everything. Since this is how the law would naturally work, is there a point to paying for a will to spell this out?
What would you do in our situation?
Thanks!