How Changing Your Will With A Codicil Is Bad Here is a sad but true tale about a will change gone terribly wrong. Mary Jane executed her will on February 13, 2017. There was a clause in her will appointing her two daughters, Linda and Julia, as co-executors of her estate. Mary Jane died 10 months later. Her daughters duly filed an application to admit her will to probate. They requested that … [Read more...] about How Changing Your Will With A Codicil Is Bad
Social Security and VA Name Your Agent Your ever- so-efficient Federal government has a plan in place to appoint an agent to receive your social security or veteran’s benefits in the event you are having trouble managing your finances. Perhaps we should say “two plans” since it would be way too much to ask for the Social Security Administration (SSA) and Department of Veterans Affairs (VA) to … [Read more...] about What are Representative Payee and VA Fiduciaries?
Do not take a vacation, leave for college, go through surgery or get on a small plane without having these documents in place and current. A will. This document can be simple or complex, but it should not be based on a form that you download from the internet. Because a will is so important, you should be extremely careful on how it is drafted and executed. Helpful hint: … [Read more...] about Documents You Absolutely Positively Must Have in Place
Here is an issue without age boundaries: cohabitation. If you are living with someone to whom you are not married, then you are cohabitating. If you are cohabitating, then you have issues that need to be addressed. What issues? Consider this: you and your friend buy a house together. Who is responsible for paying the bills? What happens if your friend fails to pay his or her share of … [Read more...] about Living Together Tips and Traps
This is the first in a series on Love and Marriage Getting married? Your government has a wedding gift for you: a new name. You get this wonderful gift without regard to your age or sexual orientation. And you get the same gift each and every time you get married. What new name can you choose? You have 3 alternatives. We’ll go through them, using an example where your original name is Pat … [Read more...] about The Name Game
President Wilson declared Mother’s Day a national holiday in 1914. Celebrated on the 2nd Sunday in May, Mother’s Day has blossomed into a $23 billion/yr industry. President Nixon declared Father’s Day a national holiday in 1972 to be celebrated on the 3rd Sunday in June. Annual spending for Father’s Day is a comparatively paltry $12.7 billion. No president has ever declared a Children’s Day … [Read more...] about For the Love of Mom and Dad: Family Day Imagined