One thing that helped my hubby was the family house wasn’t willed to him, it was placed in a trust. It’s much faster and simpler, and there’s no probate. Also make sure that you not only have a will, but also a medical power of attorney/living will.
It’s true, but the lawyers can get you even if there’s a will. Freyja is right about the Revocable Trust, but you should have enough net worth to justify the expense of setting it up. Hopefully, since you are going to be paying the lawyer for the consultation anyway, they will be honest enough to tell you if it does NOT make sense for you. The durable medical POA, the living will (or advance directive), the health care proxy, are all things you should have in place regardless, but there are standardized forms for these things in every state. It shouldn’t cost a lot to have them filled out, signed, witnessed, and notarized.
In New York State, 3 1/2 years $12,000 in legal fees, waiting for the wheel to be probated, blame the delay on Covid. Simple will. Bureaucratic New York, corrupt judicial system.
rekam Premium Member 11 months ago
Or as a friend once said, “Where there’s a will, there’s relatives.”
ronaldspence 11 months ago
sadly, too common!
Ratkin Premium Member 11 months ago
In Trusts we trust.
Superfrog 11 months ago
Lawyers are all determinists. None of them believe in a free will.
FreyjaRN Premium Member 11 months ago
One thing that helped my hubby was the family house wasn’t willed to him, it was placed in a trust. It’s much faster and simpler, and there’s no probate. Also make sure that you not only have a will, but also a medical power of attorney/living will.
Liverlips McCracken Premium Member 11 months ago
It’s true, but the lawyers can get you even if there’s a will. Freyja is right about the Revocable Trust, but you should have enough net worth to justify the expense of setting it up. Hopefully, since you are going to be paying the lawyer for the consultation anyway, they will be honest enough to tell you if it does NOT make sense for you. The durable medical POA, the living will (or advance directive), the health care proxy, are all things you should have in place regardless, but there are standardized forms for these things in every state. It shouldn’t cost a lot to have them filled out, signed, witnessed, and notarized.
crosscompiler Premium Member 11 months ago
[In my ‘not surprised face’] Better advice in comic comments than in a Google search.
iggyman 11 months ago
Without a will, the state gets a lion’s share of your “stuff”!
PraiseofFolly 11 months ago
“There’s usually a way to whip-a-poor-will.”
backyardcowboy 11 months ago
No Whey!!
Doug K 11 months ago
There’s a way for someone to make money – no matter what Will says.
belovedkija 11 months ago
When my sister passed right in the middle of litigation with her health care provider our lawyer passed.
uniquename 11 months ago
Wait, Will takes the money before the lawyers can?
Malph 11 months ago
Evil lawyers at it again.
Angry Indeed Premium Member 11 months ago
I remember a commenter who was a lawyer but was nonplussed about lawyer jokes. I guess he figured that it came with the territory.
Lablubber 11 months ago
Thy will be done. Unless there’s probate.
Bilan 11 months ago
Will Will have a will where he wills his well?
Richard S Russell Premium Member 11 months ago
I once read about a contentious family about which a disinterested observer noted “Where there’s a a will, there’s a won’t.”
zeexenon 11 months ago
Aren’t laws and lawyers a curse?
Kabana_Bhoy 11 months ago
The bottom line is the bottom line
basspro 11 months ago
Or where there’s a Will there’s a Bill.
Teddy bear Premium Member 11 months ago
In New York State, 3 1/2 years $12,000 in legal fees, waiting for the wheel to be probated, blame the delay on Covid. Simple will. Bureaucratic New York, corrupt judicial system.
namelocdet 11 months ago
Oh my… this is so true. I found out the hard way. Probate lawyers make a lot of money.
Andrew Bosch Premium Member 11 months ago
It’s Financial Planning Man and his Wonderdog Will!