Think Before You Die (.com)
January 23, 2009 by admin
Filed under Healthcare
No one wants to think about death. But PLANNING NOW CAN MAKE THINGS EASIER FOR YOUR FAMILY.
“Where should you keep these instructions?
Not with your will; sometimes wills aren’t read until after the funeral. And not in a safe deposit box, because that might be sealed pending reading of the will.
You should keep a copy with your will, give another to your lawyer, to the executor of your will, your spouse and any other close family members or beneficiaries. According to (my) attorney Howard Neu; “believe it or not, a will is considered to be a LIVING document that can be modified, changed, altered or revoked at any time prior to the death of the Testator. It has no meaning or effect until death and therefore is continually subject to change. By the same token, a will should reflect the change around you and that can only be done if it is readily accessible in a drawer at home or in your office. It should be reviewed annually.
A good time to do so is on your birthday. You are another year older, you think about your mortality and the will should reflect the changes around you, If there are none, put it away for another year, but NEVER put it in a lock box.
The main thing is that it be accessible and that everyone who needs it will know in advance where to find it.” More importantly Howard reminds me that very few jurisdictions allow wills to be deposited with the court before the Testator dies. They don’t want or need the paperwork jamming up their files.
And if you own domain names, you also need to know that just because the Federal Courts of the Eastern District of Virginia have been bullied by Network Solutions to find that domains are a contractual obligation and not property does not make it so for purposes of your estate. A
s long as you have been treating them as property in reporting income, gain and loss from sales, they are property. To read all advice on how to make it easier for your family:; And if you want to solve a problem crying out for an online solution, stake your claim to ThinkBeforeYouDie.com where estate legal services and sales result from understanding.
