Hi, Carolyn: It’s time to update my will. I am a widow, in my 70s, modest income, own my own (modest) home, never had my own kids, but have nieces and nephews. They grew up in a different part of the country, but I saw them for short periods during their childhood summers. We were affectionate then.
Now that they are adults in their 30s and 40s, I rarely see or hear from them, with one exception, “Mary.” Mary and I formed a close relationship when she came to my city for college. I did not get the same chance with the others.
Mary and her husband are the only ones with kids, and they have a disabled child who will probably always be a dependent. For this reason and, honestly, because we are close and I’d like to help with finances, I am thinking of naming her as my main beneficiary. I also plan to specify a charity, two close friends and my two siblings with more modest portions.