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Parent Emeritus
What Have You Done About Your Will or Trust?
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<blockquote data-quote="Tanya M" data-source="post: 717399" data-attributes="member: 18516"><p>Not only do we all need a will, we also need an advanced directive. What are your wishes if you become incapacitated? Do you want life support? For how long? Do you have a DNR? (do not resuscitate)</p><p>What about your finances? You need a power of attorney for someone to take over paying bills, etc... in case you can't. I was amazed at all the different things you need to consider when planning your will.</p><p>Also, making sure you have all your bank account and investment info written down for the executor. Any online passwords for accounts. Your social media. There is so much to think about. It can be overwhelming but I would much rather deal with all the details while I'm still here than to leave it for my executor to try and navigate through. It's hard enough on an executor to process everything even when there is a will.</p><p></p><p>Here's a link to an article from Dave Ramsey that has some good info.</p><p><a href="https://www.daveramsey.com/blog/the-importance-of-having-a-will" target="_blank">The Importance of Making a Will</a></p></blockquote><p></p>
[QUOTE="Tanya M, post: 717399, member: 18516"] Not only do we all need a will, we also need an advanced directive. What are your wishes if you become incapacitated? Do you want life support? For how long? Do you have a DNR? (do not resuscitate) What about your finances? You need a power of attorney for someone to take over paying bills, etc... in case you can't. I was amazed at all the different things you need to consider when planning your will. Also, making sure you have all your bank account and investment info written down for the executor. Any online passwords for accounts. Your social media. There is so much to think about. It can be overwhelming but I would much rather deal with all the details while I'm still here than to leave it for my executor to try and navigate through. It's hard enough on an executor to process everything even when there is a will. Here's a link to an article from Dave Ramsey that has some good info. [URL="https://www.daveramsey.com/blog/the-importance-of-having-a-will"]The Importance of Making a Will[/URL] [/QUOTE]
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What Have You Done About Your Will or Trust?
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