Where There's A Will...
Do you have a will? If you don't, you should stop writing this right now and go start putting together one. A Power of Attorney is not a will. It expires the minute that you do, so if you want someone to deal with everything after you pass, you need a will. If you only have one "next of kin" person and so you think everything will easily go to them, you still need a will. If you have "nothing," you likely have more than you think, and you need a will. If you have only debt, you need a will. If you have a home you want to pass to someone else, and everything else is minimal, you can employ, depending on the state, a Transfer on Death Deed — but you still need a will. My mom had a will, written in the 1980s and updated periodically. When she passed, things actually transferred relatively smoothly because of it, and I didn't think much of it. After she died, Patrick and I ensured we had wills. My college roommate, Molly, is a brilliant estate attorney and so we...