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Old 02-11-2018, 02:00 PM
Bogie Shooter Bogie Shooter is offline
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Join Date: Sep 2008
Posts: 12,914
Default

Quote:
Originally Posted by suesiegel View Post
Thanks-you've moved a will rewrite a bit further up on our priority list.
RE: your trust question.
Do you have your current Villages home in your will-I know we do not.
Your TRUST, they are usually set up for tax reasons. Not sure how the new tax bill effects your or our tax issues.

As suggested by others-probably a good idea to have it reviewed.

PERSONAL EXPERIENCE-my parents passed away several years ago. Unfortunately, at that time there was a lot of tension between my sister and myself. My parents did not have much but, each item they had of any value was stated who it goes to. As stated we already had issues between my sister and myself. I was so happy that my parents split their estate evenly and in a moment of grief
with rattled nerves there was no disputes.
As to updating your will-my niece who was not born at the time the will was last updated UNFAIRLY was left nothing.
I have an inherited IRA complete with the forced withdrawals. A gift that keeps on giving. I. as forced to, take the minimum withdrawal and give it to my niece.
What is the reason to leave a big asset like a house out of a will?
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“Only truth and transparency can guarantee freedom”, John McCain
 

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