I read a book several years ago called "Die Broke" by Mark Levine & Stephen M. Pollan. I enjoyed it and it made me do some thinking about money and life. One of the things that they said was that the last check written should be to the undertaker, and it should bounce! While I don't hold firmly to that approach, I do kind of use it as a point of reference.
"If you aren't hung up on the idea of "leaving a legacy,"......."
Since I have no dependents, I have no reason to plan to leave an 'estate' to pass on to to any would-be heirs. Currently, if I would die right now, all of my earthly possessions (including $$$) would go to my Mom as she is my primary beneficiary (my siblings are
currently secondary co-beneficiaries). After my Mom passes away (hopefully that will be
many years down the line!!!), I'll have new documents drawn up changing things around, and leaving the totality of my estate to the charity or charities of my choosing.
"...........Sometimes it's not all about what you want to do, but need to do, for others..."
My siblings have played little to no part in my life in nearly 40 years, so I feel no obligation to play a part in their lives by leaving them anything. On the other hand, there are a few charitable organizations that I hold in high esteem, and will therefore leave them whatever I can to further their efforts! One of which is a local organization that works with the physically and mentally [-]handicapped[/-] challenged. I personally know several of the staff and even more of the 'clients'.....they're all marvelous folks!
With that all stated, I worked and saved all of my adult life, so I could retire (early), and so I would be able to go wherever I want, and do whatever I want, and have whatever I want! And that is what I'm doing...and it costs money...but that is why I worked! When I reach the end of my journey, I may not have much earthly wealth left, but I'll have had a wealth of wonderful experiences and memories all along the way!!!
