OP
windjammer
Member
The comments from everyone are greatly appreciated. I'll be seeking an attorney, and have one drawn up.
Do I need a will?
- Thread starter windjammer
- Start date
Mickey D
Member
Your son won't be too happy.
Wyatt Burp
Member
I'm currently the trustee of my dad's living trust. He died in Sept. It took three hours in the bank to get his savings account put in my name. Not bad. After a few glitches concerning the mortgage of his house everything is great. My brother and sister are fine with me having this responsibility. That ain't the case with other families, though. As I understand it,a living trust can be contested EVENTUALLY by the other people listed UNDER the trustee. Kinda vague about what time limit there is on liquidating an estate to satisfy an over anxious relative. I'd recomend this to everyone. Especially if you're going to be the trustee. Then keep it all fair.
CAJUNLAWYER
Member
I really can't add anything to Eric & Ricks posts. I don't have a will, but I KNOW what will happen to my property intestate and am good with that-it's what I would do anyway. Most people's situations are not that simplistic. Important that you do it right though. I'll give you an example. If you omit the word "independent" in fromt of the word "executor" in your Louisiana will, that makes the difference between a simple no publication application and sale of say a car, versus having to petition the court, advertise and spend $1,000 to sell a $2,000 car. If you have anything but the avaerage nuculear family situation (ie divorce, remarriage step kids inherited property etc)you absolutely MUST have one or you will make the lawyers rich.
I would have answered earlier, but I'm just now sobering up-Big night last night-caught a BIG ambulance-took most of the night to gut and clean-plus I lost a billable hour.
I would have answered earlier, but I'm just now sobering up-Big night last night-caught a BIG ambulance-took most of the night to gut and clean-plus I lost a billable hour.
truckemup97
Member
Please go back and re-read my post. I could also tell you about the deaths of my wife's grandparents (three months apart), which split the family because one greedy member found and destroyed the will so that she could screw her brother out of most of his inheritance.
BarbC
Member
He also gets all the guns.
rundownfid
Member
- Joined
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Whew, you had us worried there Barb. This is much better.
WJ
Sit down right now and write down what you would want to be done if you died in the next hour. Sign it, have your wife - kid - friend, sign it. You can take this to an att. soon and have a will that containes your wishes included.
Good luck
It's tougher than you think, but you need to do it.
tb
Sit down right now and write down what you would want to be done if you died in the next hour. Sign it, have your wife - kid - friend, sign it. You can take this to an att. soon and have a will that containes your wishes included.
Good luck
It's tougher than you think, but you need to do it.
tb
