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February 2012
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Archive for the ‘Personal Finance’ Category

penelope pitstop asked:


My husband and I recently drew up our Living Will. Although we are young (both in our 30′s), we want to be sure we have all of our ducks in a row should something happen to us. We’ve used Quicken WillMaker Plus, yet saw there was no section to list retirement funds. I have an AIG VALIC fund, and was wondering if this will automatically get distributed to my beneficiaries? In one section of the will, it states that my executor has the right to “convert bonds, stocks, notes, and other securites into other bonds, stocks, notes and securites and to exercise all rights and priviledges of a person owning similar property”. I’m hoping this means the money that I have in that fund (not much, only about $19,000 at this point) will be given to my beneficiaries, and not taken back by the state or the retirement plan itself. Any thoughts or opinions on this?

Jana Tritle
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Robert asked:


if i have a house and want my kids to have it when i die, i want it to be legal and the taxes not wiping us out.
haha a million thats a good one, thanks laughed til i cried. you were asking before or after the crash.

Leon Jelden
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Tina R asked:


Hello!

I am using the Quicken WillMaker program to make my last will and revocable living trust (and living will?). Once I have written it, what are the next steps I take to make these legal? Do I have to hire an attorney?

Advise, please!

Marcos Bagge

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ashley asked:


i will live in her house to watch her animals an such.. would i be able to be covered?

Billy Cotsis
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living will
the king asked:


Who gets all their property?

Darla Flatter
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living will
Pip asked:


Can you do this without an attorney?And is this for all your estate?Or just for health?

Alishia Girman
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living will
Daniel E asked:


what is the going rate for an attorney to handle the settlement of an estate?

Rubin Fergerson
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living will
Motron asked:


I live in Massachusetts have no kids.

If I die will all my stuff automatically go to my wife or do I need to make a will?

Lucien Whitehorse

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living will
jdlifsey2030 asked:


Can a Living Trust be contested?

Mohammad Montreuil
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living will
smartcomputernerd asked:


Does a living will protect your assets if you are in a nursing home? Is the nursing home in charge of the patient’s living will? Should the will be turned into a irrevocable trust to save assets? Will another person need to be named? Thanks for all constructive answers.

Elias Brammer
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