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While there may be cases where you don't NEED a will, I think it's always prudent. In a perfect world where everyone is reasonable and loving it might not be necessary. I just hear of so many cases where things don't go that way and at least a will spells it out. Also even with no contesting, it will just be speedier. ( obviously covid changes everything but still.....).
We had a will and recently updated it.
Yeah, I've heard horror stories when people die, even before the will comes into play. I worked with a woman who was one of 11 children. Three stopped talking to the other eight over the choice of the casket for their mother.
My only fear is that when I was out to lunch with my daughter and my ex last year before taking her to the airport, it came up in conversation that we both want to be cremated and our ashes tossed into the ocean. My daughter gets seasick, so she said she will wait until she has both of us so she only has to make one trip. Then she said, "And before I do, I'm going to take some of each of you and mix them both together..." at which we both simultaneously screamed, "NOOOOOOO".
Plus you know I might drive the 20 minutes up to Holmdel and kick your ass. Changes are I tower over you, and like my mother, I am an inherently strong woman of Dutch descent who doesn't take crap off of anybody.
She was 91 when she died, but she was still 5'9" (had shrunk a couple of inches) and 170 pounds with a back as straight as a wall.
You don't want her ghost coming around to you in the night, either.
nobody would ever want to kick my ass. i may rub some people the wrong way online but in person im always super nice and never say anything to offend people. you may end up giving your 1/8th to me!
Anyone who has a large portfolio with a lot of cash should start giving their money away now.
Several years ago I saw one of those financial advisors giving advice on TV. He asked "What good is giving your heirs money after you are dead?"
Leaving your heirs money after you die doesn't give you much pleasure. Giving them the money NOW would make you feel much better. They may be on hard times and could use the money now instead of waiting 5, 10 or maybe longer for you to die. They could use the money now to pay off bills, mortgages, college expenses, auto loans, etc.
Every Christmas I give my heirs the money they would have received after my death. They understand my thinking and greatly appreciate the gesture. I can afford to give it away and I feel better knowing that I am helping them now.
This advice doesn't work for everyone, but if you can afford to do it----Do it now.
I regularly get a advertising package from a local financial/legal firm that offers a service for just that--reviewing your DIY will, advising as to changes and pitfalls, and finalizing. I'm sure they are everywhere in the state.
NOLO Publishing is well renowned for their DIY legal documents, including Wills. Their reputation is second to none.
Anyone who has a large portfolio with a lot of cash should start giving their money away now.
Several years ago I saw one of those financial advisors giving advice on TV. He asked "What good is giving your heirs money after you are dead?"
Leaving your heirs money after you die doesn't give you much pleasure. Giving them the money NOW would make you feel much better. They may be on hard times and could use the money now instead of waiting 5, 10 or maybe longer for you to die. They could use the money now to pay off bills, mortgages, college expenses, auto loans, etc.
Every Christmas I give my heirs the money they would have received after my death. They understand my thinking and greatly appreciate the gesture. I can afford to give it away and I feel better knowing that I am helping them now.
This advice doesn't work for everyone, but if you can afford to do it----Do it now.
That is nice. Unfortunately, I don't have any money and am worth more dead than I am now.
gotcha, i withdraw my earlier comment as not being appropriate.
i was raised with different thoughts about this stuff but they dont really apply here. every now and then i will shoot a comment to someone who mentions divvying up things according to who they like more, who needs a house, etc. etc. in the finance section. i generally believe in an equal distribution among children. its not a time to start taking shots at people or play favorites via inheritance. but that is totally not applicable here.
That's exactly the time to do it. After years of asking mom to get a will, she finally agreed when I told her that was the only way that she could keep my POS brother from getting anything from her meager estate.
That's exactly the time to do it. After years of asking mom to get a will, she finally agreed when I told her that was the only way that she could keep my POS brother from getting anything from her meager estate.
it is sad that a parent would be in a position like that. i hope that when the time comes i will not have any issue with both my daughters splitting things equally.
That's exactly the time to do it. After years of asking mom to get a will, she finally agreed when I told her that was the only way that she could keep my POS brother from getting anything from her meager estate.
Agreed. When things aren’t all sunshine and roses it’s best to have something to document what the person wanted after they passed. My mom died suddenly in 2018 with no will. I went through the whole probate process terrified that one of my two older, long-time estranged sisters were going to demand their portion. Thankfully they ended up waiving their rights and the rights of their descendants. But it was nerve wracking for me at the time. Something legally defensible would have made things a bit easier maybe.
I regularly get a advertising package from a local financial/legal firm that offers a service for just that--reviewing your DIY will, advising as to changes and pitfalls, and finalizing. I'm sure they are everywhere in the state.
LegalZoom provides that service. Thirty days comes with the package and you can pay a small monthly fee to extend that.
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I regularly get a advertising package from a local financial/legal firm that offers a service for just that--reviewing your DIY will, advising as to changes and pitfalls, and finalizing. I'm sure they are everywhere in the state.
