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Author: Catherine Harvey When it comes to will writing, it has been announced in the press lately that celebrity TV chef, Nigella Lawson, will not be leaving any of her fortune to her children. Considering her and her husband, Charles Saatchi, are worth a combined 100 pounds million is it not rather harsh to discount her children when will writing?
Nigella believes her children need to learn the value of money by working for it, not by inheritance. Her husband disagrees that this is the way to teach them. With a fortune of his own he is entitled to leave them when will writing himself, surely the children will not notice their mother's lack of contribution?
I wonder how she manages to use her money for that reason while she's alive? My children have experienced absolute poverty, they know what it's like to eat baked beans every day, they are well aware of how much everything costs and how little you really need to get by. I wish more than anything I could have protected them from growing up with this type of responsibility but, unfortunately, that's life.
I will do everything I can to make their lives smoother once I'm gone. As a family, we are slowing climbing out of the poverty trap and when the time comes for me to have enough to consider will writing, my children will be my top priority. I'm quite sure they won't be spoilt for it.
Is it not a little cruel for a person's children to grow up experiencing a certain lifestyle, just to be thrust into poverty when the parent dies?
If we each have to live by our own means once in adult hood, does that mean that Nigella never benefits from her husband's cash? Ok, so she alone holds the keys to a 15 pounds million fortune but her husband makes up the other 85 pounds million and I'm quite sure that that must contribute towards her 7 pounds million London home. Does she consider that ethical?
Of course, when will writing, it is everybody's right to leave their own money where they want. Nigella Lawson has been closely connected with cancer charities since losing close family members to the disease and if that's where she chooses to leave her money when will writing, then it is an admirable choice to make. But is there not room to accommodate her own children just a little?
Many people like to leave legacies to various charities, particularly if they have no family to consider. And many charities would have faced financial ruin had it not been for some of those legacies. There are also many people who put off will writing because they are torn over what to do with their money.
My own parents are trying to fulfil their will writing obligations - albeit rather late in life no they are into their sixties. They are certainly wishing they had taken the time to do it years ago.
The dilemma they now face is that, while certainly not rich, they do have a property and various antiques that they would like to leave but due to an ongoing family feud, they are very worried about repercussions if they don't get it right.
I tell them, the same as I would tell anyone, leave your assets to whomever you so wish. If family are low enough to argue you it after you're gone, then it is their problem and begs the question - do they deserve anything?
Expert will writer Catherine Harvey looks at the problems associated with will writing for rich and poor alike. To find out more please visit http://www.willdrafters.com/
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