Tuesday, August 02, 2016

Single and no kids: You need a will

Lawrence S. Jacobs has a valuable column in the Washington Blade, “Seven Myths of Estate Planning

In the July 22, 2016 issue, page 9, he offers an “advertorial”, on “Myth #4L Are you obligated to leave money to your relatives? No way”.  If you don’t have kids and don’t have a legal spouse, that is.  But you need to say so in a will; otherwise the law says the relatives (however lacking in merit or character) can get in line when you’re in your Afterlife – and the indications (if you believe the Monroe Institute) are that you are likely to know it, and not be able to do a damn thing about it, even as a ghost.  You have to be reincarnated (born) again to get another chance.

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