Seeking Hobbes
Recycles dryer sheets
- Joined
- Apr 1, 2011
- Messages
- 103
Hi everyone,
I'm in the process of updating my will & thought I'd reach out (here) for some "expert" advice. (Since I already know what my lawyer thinks)
Background... I'm single with no family of my own & no debts.
My plan... To split my estate (home/assorted investment accounts) between close friends and charities. To this point, I have created a comprehensive spreadsheet illustrating the flow of disbursements along with instructions/accounts/account numbers/contacts etc.
My dilemma... I would like to have the flexibility to change this schedule of disbursements periodically, without the hassle/expense of having the will rewritten. My thought was to keep the latest schedule (dated and notarized) in a safety deposit box along with my will.
My lawyer does not approve & feels that this would open the estate to litigation.
I'm thinking..."By who?"... "My dogs?" I have no family/wife/children to dispute the will & why should I pay my lawyer to update a will whenever one of my close friends either drops out of my life or passes away?
Thoughts anyone?
I'm in the process of updating my will & thought I'd reach out (here) for some "expert" advice. (Since I already know what my lawyer thinks)
Background... I'm single with no family of my own & no debts.
My plan... To split my estate (home/assorted investment accounts) between close friends and charities. To this point, I have created a comprehensive spreadsheet illustrating the flow of disbursements along with instructions/accounts/account numbers/contacts etc.
My dilemma... I would like to have the flexibility to change this schedule of disbursements periodically, without the hassle/expense of having the will rewritten. My thought was to keep the latest schedule (dated and notarized) in a safety deposit box along with my will.
My lawyer does not approve & feels that this would open the estate to litigation.
I'm thinking..."By who?"... "My dogs?" I have no family/wife/children to dispute the will & why should I pay my lawyer to update a will whenever one of my close friends either drops out of my life or passes away?
Thoughts anyone?