Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Seems to be a lot of new post's talking about inheritance!
>
Reply to Thread
Message:
<p>[QUOTE="Just Carl, post: 669302, member: 4552"]For one thing many states and even some local couties and regions have different laws concerning what happens to your possesions after you've passed on. The most important thing is to contact an atorney in your area. Do not listen to numerous individuals that say one thing or another without knowing the laws in your area and/or what you may or may not leave to who. </p><p>Note the many instances of wills being contested by relatives due to the slightest irregularities. On a will or any document today a missing letter, misplaced number, forgotten page number, etc. could be grounds for a wills contesting. </p><p>For one thing, look into a thing called a living trust. This is a lot more complicated than a will but much, much less possible to contest. Also, it in most instances ignores many taxes. </p><p>A really smart thing to look into is to know who you want to leave what to and have them ready for an emergency. What I mean is if you have a Son, Daughter, or whoever that you want to leave you coins to, show them where they are kept, if in a safe deposit box, add thier name to that box if allowed. this way, just in case, they can confiscate such items without anyone else being involved. </p><p>The same for IRA's, checking and/saving accounts, etc. <b><i>IF</i></b> you trust a certain individual for acquiring your estate, make sure they have a method of taking it in an emergency and also make sure others are not aware of this. However, a living trust will normally require you to document all such valuable items. </p><p>Things get really complicated when you have items with your name on the titles such as a house, cars, land, planes, etc. These too must be looked into carefully by an attorney for laws in your state, county, city, etc. </p><p>Numerous other items you consider valuable, many others may not. Such as oil paintings, furniture, model cars, train sets, and/or other hobby items. Such items constantly end up in flea markets, yard/garage,estate sales due to lack of documentation as to what should be done with those items. </p><p>An attorney in such instances is a must. </p><p>I'll just give everything to a dog or car hosptial before I go.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 669302, member: 4552"]For one thing many states and even some local couties and regions have different laws concerning what happens to your possesions after you've passed on. The most important thing is to contact an atorney in your area. Do not listen to numerous individuals that say one thing or another without knowing the laws in your area and/or what you may or may not leave to who. Note the many instances of wills being contested by relatives due to the slightest irregularities. On a will or any document today a missing letter, misplaced number, forgotten page number, etc. could be grounds for a wills contesting. For one thing, look into a thing called a living trust. This is a lot more complicated than a will but much, much less possible to contest. Also, it in most instances ignores many taxes. A really smart thing to look into is to know who you want to leave what to and have them ready for an emergency. What I mean is if you have a Son, Daughter, or whoever that you want to leave you coins to, show them where they are kept, if in a safe deposit box, add thier name to that box if allowed. this way, just in case, they can confiscate such items without anyone else being involved. The same for IRA's, checking and/saving accounts, etc. [B][I]IF[/I][/B] you trust a certain individual for acquiring your estate, make sure they have a method of taking it in an emergency and also make sure others are not aware of this. However, a living trust will normally require you to document all such valuable items. Things get really complicated when you have items with your name on the titles such as a house, cars, land, planes, etc. These too must be looked into carefully by an attorney for laws in your state, county, city, etc. Numerous other items you consider valuable, many others may not. Such as oil paintings, furniture, model cars, train sets, and/or other hobby items. Such items constantly end up in flea markets, yard/garage,estate sales due to lack of documentation as to what should be done with those items. An attorney in such instances is a must. I'll just give everything to a dog or car hosptial before I go.:rolleyes::rolleyes:[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Seems to be a lot of new post's talking about inheritance!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...