In my situation, I have no property other than older model vehicles. I have no other real assets, aside from money, so my so called estate is easy to manage.
But there are so many other little things to think about and consider when “getting our affairs in order”; tiny things we would not even contemplate.
So based on that, I share with you what I have compiled for my family, so that they will know how to proceed and take care of the “little things” after I am gone...things that otherwise they might not even have an inkling about.
I recommend printing out all the information that I will share and putting each page into acid free sheet protectors and then into a binder for your family.
Tuesday, September 30, 2008
Friday, September 26, 2008
#1...Setting up a Will, or something similar
A Will states to whom you would like your possessions, assets, etc. to go to. It names a person of your choice to be your executor…the person who will handle the legal and financial matters that are necessary to close out your estate and affairs.
There are forms you can obtain (even on the internet) whereby you can do this...or...you may make an appointment with a lawyer. I have a Will.
Some people have their estate planning done with what is called a “Trust” or “Family Trust”. I do not know the particulars of that method.
And then....there are other ways to go about handling your “affairs”...legal, easy and uncomplicated ways, depending on YOUR individual circumstance and situation. And that is what I will share on this blog.
There are forms you can obtain (even on the internet) whereby you can do this...or...you may make an appointment with a lawyer. I have a Will.
Some people have their estate planning done with what is called a “Trust” or “Family Trust”. I do not know the particulars of that method.
And then....there are other ways to go about handling your “affairs”...legal, easy and uncomplicated ways, depending on YOUR individual circumstance and situation. And that is what I will share on this blog.
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