Comments on: A Simple or I Love you Will

By: What is a Tax Sensitive or By Pass Will? How to Plan for Estate Taxes

What is a Tax Sensitive or By Pass Will? How to Plan for Estate Taxes — Sat, 16 Apr 2011 15:08:55 +0000

[...] The Simple or I Love You Will [...]

By: Evan

Evan — Thu, 17 Mar 2011 13:31:40 +0000

Debbie,

This website is not set up to give legal advice, but if I had to *guess* why the Suze Orman Will does not have a special needs trust is because the language needed varies State to State. Similarly, I don’t even know if every state even recognizes Spendthrift trusts (New York does if properly set up).

Go get an attorney!

By: Debbie Boss

Debbie Boss — Wed, 16 Mar 2011 16:39:35 +0000

Oh please help. The suze orman trust does not have a general spendthrift paragraph to help with chidren who are special needs and need protection from creditors. Why not. Does anyonek now if

By: The Wall Street Journal Agrees with Me! Trusts should be Built into Most Wills | My Journey to Millions

Fri, 07 Aug 2009 00:20:53 +0000

[...] for updates on this topic.Powered by WP Greet BoxWay back in August of 2008 I wrote a Post about Simple Wills. As you may recall (or just read when you clicked the link) a simple will is usually built as [...]

By: MyJourney

MyJourney — Fri, 08 Aug 2008 14:40:31 +0000

Most likely, the townhouse is probably taken care of by the deed. Your 401K and Roths are taken care of beneficary status (CHECK THOSE IF YOU ARE NEWLY MARRIED!); have to make sure you aren’t leaving the wife with 0 and the mom with all your cash lol.

Bank accounts might be joint depending on your situation, but as I pointed out in a previous post EVERYONE NEEDS A WILL if for no other reason except to avoid putting your family through the paper work of not having one while dealing with your early death.

As far as quicken – considering you are starting out (like me it seems) its not a bad idea, it is absolutely better than nothing. However, you have to make sure it adheres to your state’s rules on execution (signing requirements). A quick google search should give you that answer.

Thanks for the comment and I am huge fan of your site btw.

By: Budgets are Sexy.

Budgets are Sexy. — Fri, 08 Aug 2008 13:08:30 +0000

This is some great info, thanks for sharing it with us! Do you have any thoughts on Will Makers? My dad gave me “Quicken’s WillMaker Plus 2006″ so i figured i’d give that a shot and see how it is (been pretty lazy lately though).

Do you advise using them? Our “estate” only comprises of 401ks, roth’s, a few cars, bank accounts, and our townhouse – so nothing too crazy.