When all of the advice and legal terms become
too much to handle, look on the lighter side!
Planning who will inherit your estate when you die can be a daunting and, let’s face it, not fun task. It forces you to face not only your death, but for some of you, difficult relationships with family members. We can speak in euphemisms till the cows come home.. (pass on, pass away, departed, meet your maker, perish, kick the bucket) but there really is no tip toeing around these difficult topics when decisions must be made.
Not only regarding who will inherit our assets (we love all our children the same right?!) but which lucky family member or friend we want to put in charge of carrying out our wishes. That said… keeping a sense of humor can help soften the blow. So if you want to keep things in perspective along with an air of lightness and humor where possible, I’m your gal.
The Lighter Side of…
When David found out he was going to inherit a fortune when his sickly father died, he decided he needed a woman to enjoy it with. So one evening he went to a singles bar where he spotted the most beautiful woman he had ever seen. Her natural beauty took his breath away. “I may look like just an ordinary man, “ he said as he walked up to her, “but in just a few years, my father will die and I’ll inherit 20 million dollars.” Impressed the woman went home with him that evening and, a week later, she became his stepmother. Women are so much better at estate planning then men.
Top Ten Reasons for Having a Good Estate Plan in Place Before You Die:
10. It can save your heirs a boatload of money in probate fees.
9. It can save your heirs a boatload of time in the administration of your estate.
8. It can save your estate a boatload of money in death taxes.
7. If you go crazy, it can prevent a court ordered conservatorship (saving you a boatload of time and money).
6. If you die first and leave everything to your spouse, you can make sure he doesn’t leave it all to the new Mrs. Right.
5. Once you get it done, odds are you won’t die for a long time after.
4. It will stop your spouse from his/her incessant nagging about getting it done.
3. You can continue to control your money and loved ones from the grave!
2. Peace of mind.
1. You can finally let your kids know, once and for all, which one of them was your favorite!