Big Picture Retirement®

#014: Wills 101 - Part 2


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In the previous episode we talked about Wills: Why you need one and what to look out for so you do it right.

But before you draft out your will, these are the things you need to consider:

• Why you should never leave anyone $1. • Beneficiaries: you should know who your people are • Why you need to specifically disinherit people who you don't want to receive anything. • Always anticipate that circumstances will change. • Questions your attorney needs to be asking • Why you might want to avoid making personal property bequests in your will. • Reference to tangible personal property. • Residuary Clause • Choosing an executor - and what is an executrix? • Do you want your executor to get a bond? Contact us for help with your Wills: http://www.bigpictureretirement.net

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Big Picture Retirement®By Devin Carroll, CFP® & John Ross, JD

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