Already Have a Will? Review it Early and Often
If you have a will then you are way ahead of others who don't and it can become a huge problem for your relatives if you have no will.
Worse, some estates are never settled, that's right Never! Even if you do have a will you should have your will reviewed ever couple of years, as your assets change and so too does your life.
You might have sold something, bought something else, or promised something to someone else already.
Maybe you used an asset for collateral, maybe you rented it to someone for a longer period than you might be alive? Some of the more critical issues to consider are for instance if you have re-title a deed or if you find that valuations of certain items increased significantly or decreased; also you might have damaged assets due to a problem.
Having an up to date will is very important, otherwise you leave everyone hanging and that just causes a huge amount of aggravation for everyone, and then they end up hating you after you die, rather and praising you for a life well lived.
It is important to become educated on this subject.
Yes, I realize you don't wish to talk about it, hell, neither do I, but you need to read up on it and do the right thing.
So tell you what; Let me recommend a couple of decent books for your to peruse and then you'll better understand what I am getting at: "Living Well In Your Retirement" Author: Lisa Ellis with Editors of Money Magazine; A Money Book Series by Time, NY; 1999.
ISBN: 1-883013-76-3.
And: "Retire Worry Free With Financial Strategies 4 Tomorrow's Independence" Writer: Michael Leonetti of Longman Financial Services Institute, Inc, 1989.
These two books will definitely get you on the right start and save your family a whole lot of headaches after you check out.
Please consider this.
Worse, some estates are never settled, that's right Never! Even if you do have a will you should have your will reviewed ever couple of years, as your assets change and so too does your life.
You might have sold something, bought something else, or promised something to someone else already.
Maybe you used an asset for collateral, maybe you rented it to someone for a longer period than you might be alive? Some of the more critical issues to consider are for instance if you have re-title a deed or if you find that valuations of certain items increased significantly or decreased; also you might have damaged assets due to a problem.
Having an up to date will is very important, otherwise you leave everyone hanging and that just causes a huge amount of aggravation for everyone, and then they end up hating you after you die, rather and praising you for a life well lived.
It is important to become educated on this subject.
Yes, I realize you don't wish to talk about it, hell, neither do I, but you need to read up on it and do the right thing.
So tell you what; Let me recommend a couple of decent books for your to peruse and then you'll better understand what I am getting at: "Living Well In Your Retirement" Author: Lisa Ellis with Editors of Money Magazine; A Money Book Series by Time, NY; 1999.
ISBN: 1-883013-76-3.
And: "Retire Worry Free With Financial Strategies 4 Tomorrow's Independence" Writer: Michael Leonetti of Longman Financial Services Institute, Inc, 1989.
These two books will definitely get you on the right start and save your family a whole lot of headaches after you check out.
Please consider this.
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