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Started By
Message
When should you make a living will and regular will? (edited to separate)
Posted on 6/7/16 at 8:38 am
Posted on 6/7/16 at 8:38 am
And how do you go about that? Can I just write something out in Word and send it to an attorney?
Just curious, as my wife and I have been married for almost 2 years and have no kids and she'd clearly get everything if I died. She's also beneficiary on my work-provided life insurance (which is like 1 year salary).
Do I just need to wait until I have kids? I know I'll get the big life insurance once I have kids.
I am going to have funeral/burial specifications and stuff like that on it, so its not just financial stuff. That's why I'm asking.
Just curious, as my wife and I have been married for almost 2 years and have no kids and she'd clearly get everything if I died. She's also beneficiary on my work-provided life insurance (which is like 1 year salary).
Do I just need to wait until I have kids? I know I'll get the big life insurance once I have kids.
I am going to have funeral/burial specifications and stuff like that on it, so its not just financial stuff. That's why I'm asking.
This post was edited on 6/7/16 at 8:53 am
11
Posted on 6/7/16 at 8:42 am to TheCaterpillar
It sounds like you're getting "living will" mixed up with a regular will. A living will tells people what kind of medical treatment you do or do not want to have in case you are incapacitated and can't tell someone "Don't pull the plug!" or "Don't resuscitate!"
Posted on 6/7/16 at 8:44 am to TheCaterpillar
A Living Will is completely different than a Will. I think you are referencing a Will, not a Living Will. Everyone should have a Living Will as soon as they are old enough to make those kinds of decisions.
Posted on 6/7/16 at 8:44 am to TheCaterpillar
when you are a live of course...
all BS aside. When you get married or have kids I think its extremely important to have a will.
all BS aside. When you get married or have kids I think its extremely important to have a will.
Posted on 6/7/16 at 8:45 am to TheCaterpillar
Living will is DNR decision
Posted on 6/7/16 at 8:45 am to tke857
quote:
when you are a live of course...
A live what?
Posted on 6/7/16 at 8:46 am to TheCaterpillar
Posted on 6/7/16 at 8:47 am to TheCaterpillar
boot camp
ETA: and edited every deployment
ETA: and edited every deployment
This post was edited on 6/7/16 at 8:48 am
Posted on 6/7/16 at 8:49 am to TheCaterpillar
I will will my post count to the first response to this post.
Posted on 6/7/16 at 8:50 am to Bluefin
quote:
Bluefin
Ron F'n Swanson
But seriously as soon as you have anything of value to your name, write a legal will. Unless you don't care who gets it, then do nothing. My wife's father isn't writing one, but he plans to spend every last cent to his name before he dies. In his mind, this will prevent anyone from being happy when he dies. Definitely sending his arse to the cheap nursing home.
Posted on 6/7/16 at 8:51 am to Pectus
Well, Will will will wills.
(grammatically correct sentence)
(grammatically correct sentence)
Posted on 6/7/16 at 8:51 am to Iron Lion
quote:
Living will is DNR decision
Ah ok, I thought these things were combined.
I need to put in writing that I want a DNR I guess? frick tube life.
Then a separate document for regular Will?
Posted on 6/7/16 at 8:52 am to Mr. Wayne
quote:
My wife's father isn't writing one, but he plans to spend every last cent to his name before he dies. In his mind, this will prevent anyone from being happy when he dies.
That's incredible
Posted on 6/7/16 at 8:53 am to genro
genro,
You have officially been included in my living will to receive my post count upon my death.
This may be transferred, in part or whole to another poster, while I am still alive under my discretion or upon your request.
You have officially been included in my living will to receive my post count upon my death.
This may be transferred, in part or whole to another poster, while I am still alive under my discretion or upon your request.
Posted on 6/7/16 at 9:03 am to TheCaterpillar
I tell everyone something that kinda freaks them out. Namely, that they already have a will. The only problem is that the Louisiana legislature wrote it for them. So, unless you want the State deciding who gets your shite you better write your own
Posted on 6/7/16 at 9:04 am to TheCaterpillar
I think you mean a last will and not a living will. As others have mentioned, a living will dictates your personal choices regarding medical treatment when one is no longer able to give informed or expressed consent.
As to the last will, you can technically just handwrite a will and sign the document for a valid holographic will and codicil.
As you previously mentioned, considering you have no children, your wife would take the entire estate. If it makes you feel better, you should just write your holographic will.
Once things change (mainly children and other family circumstances), you can draft up a codicil to your last will and testament.
As to the last will, you can technically just handwrite a will and sign the document for a valid holographic will and codicil.
As you previously mentioned, considering you have no children, your wife would take the entire estate. If it makes you feel better, you should just write your holographic will.
Once things change (mainly children and other family circumstances), you can draft up a codicil to your last will and testament.
Posted on 6/7/16 at 9:10 am to Mr. Wayne
quote:
write a legal will. Unless you don't care who gets it, then do nothing.
A will doesn't always guarantee anything. My SO's family has been fighting over her father's estate for going on three years now. Their lawyers are down to arguing over the meaning of individual words in the will. It's not even that much money, relatively speaking. A significant amount, but it's not tens of millions of dollars or anything like that.
Posted on 6/7/16 at 9:17 am to Jim Rockford
quote:
A will doesn't always guarantee anything.
Sure they do.
quote:
My SO's family has been fighting over her father's estate for going on three years now. Their lawyers are down to arguing over the meaning of individual words in the will. It's not even that much money, relatively speaking. A significant amount, but it's not tens of millions of dollars or anything like that.
Well, there are about a billion different variables to complicate wills.
Will contests get heated over certain things such as validity/defective condition, lack of testamentary capacity, fraud and mistake, undue influence, etc. Taking in account the size of the estate and descendants, some people are more suited to consider alternatives to wills to avoid tax and probate costs.
This post was edited on 6/7/16 at 9:21 am
Posted on 6/7/16 at 9:30 am to TheCaterpillar
A living will is just so you are not put on life support should you become so ill that it is unlikely you will ever have any kind of life. A regular will is to give all or portion of your estate to your heirs. Both should be done in middle age like 45 or so.
Posted on 6/7/16 at 9:34 am to 12Pence
My Will:
1. No one shall wear black, dark grey, or any other dark color to my funeral. Period.
2. Unless you’re a recovering alcoholic or have medical reason, you shall have at least one cocktail at my funeral and after party.
3. My funeral/ceremony will be on a Saturday.
4. I want large quantities of food and top shelf liquor, wine, and beer.
5. I want a Second Line and/or live music.
6. I want my friends and family to take turns telling funny/happy stories about me.
7. I want to be cremated and sprinkled in the Gulf of Mexico, Pacific Ocean, and Atlantic Ocean in equal parts.
8. I want a tombstone next to my family.
9. My wife gets everything except all my LSU memorabilia, which goes to my brother. She doesn't want that shite anyway...damn Ole Miss fan.
1. No one shall wear black, dark grey, or any other dark color to my funeral. Period.
2. Unless you’re a recovering alcoholic or have medical reason, you shall have at least one cocktail at my funeral and after party.
3. My funeral/ceremony will be on a Saturday.
4. I want large quantities of food and top shelf liquor, wine, and beer.
5. I want a Second Line and/or live music.
6. I want my friends and family to take turns telling funny/happy stories about me.
7. I want to be cremated and sprinkled in the Gulf of Mexico, Pacific Ocean, and Atlantic Ocean in equal parts.
8. I want a tombstone next to my family.
9. My wife gets everything except all my LSU memorabilia, which goes to my brother. She doesn't want that shite anyway...damn Ole Miss fan.
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