For older single people with no kids but have money, who will you leave your assets to?

[otterhere]

But, to be NICE, you should leave them $1.

[Costaexpress]

Originally Posted by Stockyman

If you are an older person with some accumulated wealth but no kids in the horizon nor a life long partner, what do you plan to do with your assets when you die? Charity? Family members?

Why can't you just use it up?

[Annie53]

Originally Posted by Costaexpress

Why can't you just use it up?

Because, who knows when they are going to die?

The security of knowing the money is there if you need it is priceless.

[GregW]

Mostly to friends and their children as well as a few deserving organizations like the Shaker villages and the Audubon society.

[otterhere]

Originally Posted by GregW

Mostly to friends and their children as well as a few deserving organizations like the Shaker villages and the Audubon society.

Ooooh; LOVE the Shaker Villages (we have one nearby). Good idea! But animals need it more than children.

As for what to do if you use it all up, death being difficult to time perfectly, "the dole" is there for you!

Hey, I paid into it it my life; it won't bother me to recover a little from the system if it comes to that.

[petch751]

I was going to leave it to a niece and nephew but it looks like healthcare will eat it up.