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re: Who should I put in my will?
Posted on 1/12/23 at 12:39 pm to tigerfoot
Posted on 1/12/23 at 12:39 pm to tigerfoot
My uncle is a former Marine with no kids. Wife died last year, and he's alone. His heart has always been for kids. He divvied up his will into percentages to Toys For Tots, St Judes, Dreams Come True, then a local church and the local Food Bank. Just an example.
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Posted on 1/12/23 at 7:21 pm to wheelr
Blow someones mind
Give it to a family with young kids that are good people, but appear to be struggling. Give them a leg up on life
Give it to a family with young kids that are good people, but appear to be struggling. Give them a leg up on life
Posted on 1/13/23 at 6:56 am to wheelr
Give it to the Shriners...or St. Jude's. Both are for kids!
Posted on 1/13/23 at 8:00 am to Lutcher Lad
Lots of great ideas. Appreciate it.
Posted on 1/13/23 at 8:04 am to wheelr
I also suggest naming a donor advised fund as your charitable beneficiary. Fidelity has the one. The benefit is that you can change the ultimate charitable beneficiaries on the fund through the website without having to revise your will.
Posted on 1/13/23 at 4:00 pm to wheelr
Give it to my family. I'm dying of cancer and my wife and three kids are going to have a hard time making ends meet. We would really appreciate it.
Not kidding and not too ashamed to ask.
Not kidding and not too ashamed to ask.
Posted on 1/13/23 at 7:53 pm to MSTiger33
quote:
I also suggest naming a donor advised fund as your charitable beneficiary.
A lady and her husband who work with me on a nonprofit board recently brought this to my attention and I’m also looking into it.
Posted on 1/13/23 at 10:02 pm to TIGERSby10
quote:
Give it to my family. I'm dying of cancer and my wife and three kids are going to have a hard time making ends meet. We would really appreciate it.
Not kidding and not too ashamed to ask.
Posted on 1/13/23 at 10:42 pm to wheelr
If I was you I would give it to someone I know. I would rather my house cleaning ladies get a big chunk than some bullshite charity
Posted on 1/14/23 at 6:44 am to wheelr
I have always thought that if I had serious money I would find a good, honest general contractor and put him on payroll. I would set up a foundation to repair homes for needy / deserving in my community. Not full remodels but repairs, roof replacement, handicap access, etc. I would get a lot of joy and satisfaction from that.
Posted on 1/14/23 at 7:07 am to wheelr
quote:
Would love feedback on the general process and cost of having an attorney handle this stuff. Also interested in what mechanism ensures I don't get robbed by said attorney and the state.
Call and ask a lawyer for a price. If you keep it simple, like "I am a single man with no children and want a will that leaves all my estate to XYZ Charity," they can likely tell you over the phone. Call more than one. Prices vary.
But if you want trusts, conditions (but only if she graduates college and is not stripping, etc.), multiple beneficiaries in various amounts, then it's going to be less predicable and more expensive. Some people have $400 in the bank, but want to estate plan like they are the Rockefellers. Settle down and keep it simple.
If you have a nice chunk, you might approach a charity or university and tell them you are interested in leaving it to them. They may well refer you to a lawyer to handle the estate planning.
St. Jude's has a group of employees who will, if you tell them the charity will inherit your estate, kiss your arse, take you to lunch, and call you on your birthday to the day you die, then sue your family members if they try to claim any proceeds.
St. Jude Fights Donors’ Families in Court for Share of Estates
Posted on 1/14/23 at 10:56 am to wheelr
Give your estate to the most deserving yet least aware of your plans.
Posted on 1/15/23 at 12:07 pm to wheelr
I'm in the same boat. No kids, no siblings, no contact with relatives since my parents passed away. I'm about to turn 60, and everyone tells me to do a will soon. I'm just going to have to sit down and figure out what charities or schools I want to donate to. It's not real easy.
I do want to leave enough for a friend and his wife who will probate my will and take my pups.
I do want to leave enough for a friend and his wife who will probate my will and take my pups.
Posted on 1/15/23 at 4:18 pm to 18handicap
Again, donor advised fund is your best bet for flexibility in the charitable portion of your planning.
Posted on 1/16/23 at 12:14 pm to wheelr
quote:
Tunnel to Towers
Scam.
Posted on 1/16/23 at 8:33 pm to scuppernong
And if you decide to give to a St Jude or Shriners, make sure they get the money and not the crooks that get sixth five percent off the top for advertising and handling. That’s total bs
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