Azanon said:I havent drawn up a will yet either, and i have a 3 year old and a wife. Yes, i'm well aware i need to.
Grab ahold of something ok, cause this wont be easy to take; .......... I'm not perfect.
FinanceDude said:Make sure you do one with a lawyer in your state. I know of several cases where people went to willworks.com or some other Internet site, and the courts in their state disallowed the will because it was not applicable under their states laws............
Azanon said:I was actually hoping I could get off cheap just using something like Quicken (or some commercially available will software) and getting a notary if i need one to sign it.
Azanon said:Wow, $1800? I dont recall your net worth Brewer; but i'm coming along OK for my age, but i just dont think i'm worth that kind of expenditure yet....... Am I? I have it, but that's a lot of money to me.
Azanon said:Wow, $1800? I dont recall your net worth Brewer; but i'm coming along OK for my age, but i just dont think i'm worth that kind of expenditure yet....... Am I? I have it, but that's a lot of money to me.
brewer12345 said:Why on earth would I disclose my net worth to you on a public forum?
I live in a state with hefty estate taxes that start with an estate of $625k. If you start throwing in life insurance proceeds, etc. it doesn't take long before you get tagged if you do not plan. We also got medical directives, etc. set up.
Azanon said:I just got an idea; tell me if you think I would be a jerk to ask this.
If i offered everything i have including my son (to my dad) in the event that we both died, do you think I should ask him to pay for the will? Have you ever heard of such an arrangement? We have a good relationship so i dont want to come across like a jerk, lol.
brewer12345 said:Az, just find a lawyer and pay for a will. I imagine your dad would take care of your family in the event your wife decides to cash in on the life insurance of your demise, but it would be an act of love, not a tit-for-tat arrangement.
brewer12345 said:Az, just find a lawyer and pay for a will. I imagine your dad would take care of your family in the event your wife decides to cash in on the life insurance of your demise, but it would be an act of love, not a tit-for-tat arrangement.
There's a difference between being frugal/cheap and being blissfully ignorant.Azanon said:I was actually hoping I could get off cheap just using something like Quicken (or some commercially available will software) and getting a notary if i need one to sign it. When i think of lawyers, i just visually imagine money flying out of my pocket.
More importantly, if your beneficiaries would be hurt by losing your assets, then they shouldn't let you do a will without a lawyer either.
Your Dad isn't the beneficiary of your assets. Your wife and kid are.Azanon said:This is the part i'm keying in on- i'm thinking of asking my "rich dad" (geez, i sound like kirosikai) to pay for it, lol.
brewer12345 said:Your Dad isn't the beneficiary of your assets. Your wife and kid are.
Azanon said:They'd have to go through probate maybe, but that's a mild inconvinence.
brewer12345 said:I am glad I am not your son.
Azanon said:Brewer, sometimes you are in left field. If i died, but my wife didn't, how in the world could you conceive that his own mother wouldnt by default retain full custody of him? We have issues, because sometimes you are really out there.
Azanon said:Congradulations on completely evading my accusation. Do you think anyone didnt notice that?
Azanon said:No, i'm not concerned if someone in my family has to be inconvinenced taking care of responsibilities.
brewer12345 said:Unless it is you.
In any case, none of this applies to OP.
Azanon said:Then quit attacking every post i make talking about purple fairies. Really, no one's interested.