frayne
Thinks s/he gets paid by the post
During the process of my year end administrative house cleaning I found my will was somewhat outdated, by about twenty years. So this is my thought process, do it yourself, how hard can it be ? The particulars are straightforward and simple; one and only wife, only one married child, a son 38 successful, DIL and two minor grandchildren. All financial accounts are either TOD, POD and have beneficiaries, wife, son and DIL in that order.
The only assets the will would cover are the house, cars (held jointly)and personal effects. I have no intent to try to control anything from the grave and want to make my transition into the next dimension as easy as possible for my heirs.
Georgia has no estate tax and I'm well under the federal requirements so no big deal there. Only downside is the time it takes to probate, anywhere from six months to a year depending on complexity.
AFWIW I've already heard about trying to plan for contingencies such as the wife and son dying and the DIL getting remarried to the tennis pro and spending the proceeds on whatever excluding the grandkids from a piece of the pie and I really don't want to bother with that kind of issue as the chances are slim to none and where do you stop. Also have seen many families destroyed by some ass who died and tried to control his estate from the grave.
So anyone see any downside to a DIY will. In Georgia they don't even require notarizing but it is suggested in order to speed up the probate process. OK, sage sports fans and seers of all good and bad. Tell me what I might be missing. Appreciate any and all comments in advance.
The only assets the will would cover are the house, cars (held jointly)and personal effects. I have no intent to try to control anything from the grave and want to make my transition into the next dimension as easy as possible for my heirs.
Georgia has no estate tax and I'm well under the federal requirements so no big deal there. Only downside is the time it takes to probate, anywhere from six months to a year depending on complexity.
AFWIW I've already heard about trying to plan for contingencies such as the wife and son dying and the DIL getting remarried to the tennis pro and spending the proceeds on whatever excluding the grandkids from a piece of the pie and I really don't want to bother with that kind of issue as the chances are slim to none and where do you stop. Also have seen many families destroyed by some ass who died and tried to control his estate from the grave.
So anyone see any downside to a DIY will. In Georgia they don't even require notarizing but it is suggested in order to speed up the probate process. OK, sage sports fans and seers of all good and bad. Tell me what I might be missing. Appreciate any and all comments in advance.
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