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DiscussionFor those of us without family - Who will take care of you ?
Aging Well | Last Active: Mar 18 10:44am | Replies (92)Comment receiving replies
Replies to "Our attorney told us we didn't need a will if we have beneficiaries on all accounts...."
I would get a second opinion on the advice from your attorney.
My husband and I do disaster management relief contract work from time to time.
One thing that is important is having your documentation in order regarding ownership and occupancy.
Unfortunately, people pass away adopting the advice suggested by your attorney that any court would consider insufficient documentation.
Attorneys thrive on this and make money off of folks desperately trying to get their affairs in order with improper documentation charging them astronomical fees and causing unnecessary delays and stress.
My job helping people with ownership and occupancy documents requires a great deal of research at times but it all could be avoided with good honest to the point legal advice.
This work experience has provided both my husband and myself pertinent knowledge on the importance of wills, successions, donations, deeds, etc.
My beautiful husband and I who live in a community property state are taking measures to get our will in place for us and our kids.
We talk about the latter part of our life journey and how can we make it less burdensome for our kids. (Getting rid of stuff) 😭😂
Who knows our kids might go through difficult health and financial difficulties. We need to think about ourselves and how we can help them without sacrificing our financial savings and lifestyle choices yet be there for them.
What we have learned after getting burned over the years by professionals giving bad advice (cough attorneys) is to arm ourselves with as much knowledge about our circumstances before consulting with professionals to discern if they have our best interests in mind verses viewing us a cash cow.
My Beloved Husband said tell your attorney to put what he said to you in writing ✍️