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Seems to be a lot of new post's talking about inheritance!
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<p>[QUOTE="cjh1985, post: 668944, member: 19846"]LOL! include me too :thumb:</p><p> </p><p> </p><p>Just remember that most of our assets pass outside of the Will. Any asset that has a joint owner or a beneficiary attached, transfers AUTOMATICALLY and <u>has precedence (sp?) over anything the Will says</u>. So IRAs, retirement plans, trusts, life insurance, a jointly held home etc.(Make sure you update your beneficiaries - recently married?, divorced? one of your beneficiaries died? Get that done!!) For these assets, you don't need a will. </p><p>However, for coins, that is obviously a different story. Yes, for coins, the Will determines who receives them. If there is no will, the propbate court decides. </p><p>Hope this helps a little. </p><p>Disclosure: I'm not an attorney but am a CFP.[/QUOTE]</p><p><br /></p>
[QUOTE="cjh1985, post: 668944, member: 19846"]LOL! include me too :thumb: Just remember that most of our assets pass outside of the Will. Any asset that has a joint owner or a beneficiary attached, transfers AUTOMATICALLY and [U]has precedence (sp?) over anything the Will says[/U]. So IRAs, retirement plans, trusts, life insurance, a jointly held home etc.(Make sure you update your beneficiaries - recently married?, divorced? one of your beneficiaries died? Get that done!!) For these assets, you don't need a will. However, for coins, that is obviously a different story. Yes, for coins, the Will determines who receives them. If there is no will, the propbate court decides. Hope this helps a little. Disclosure: I'm not an attorney but am a CFP.[/QUOTE]
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Seems to be a lot of new post's talking about inheritance!
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