athena53
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 11, 2014
- Messages
- 7,978
My philosophy is to make everything as easy as possible for my wife (but no easier) if I predecease her; hence everything is in a joint account.
In our marriage, nearly everything is in my name except the 2 cars and whatever DH has in his checking account, which isn't much. When we were talking to our lawyer about finances (DH is FINALLY signing a Will and Healthcare Directives on Friday), DH pointed out, quite reasonably, that if I were to get run over while pedaling my bicycle around, he'd be really low on funds till his next SS deposit came in. I moved $25K into a separate account at Fidelity that's Joint Tenant with Right of Survivor. That would tide him over till the trust/estate paperwork get underway and he's happy with that.