topic Re: 📋 6 Times You Should Update Your Will (AARP Article) in Friends & Family

📋 6 Times You Should Update Your Will (AARP Article)

SummerOnTheWay1 — Mon, 23 Sep 2024 20:49:47 GMT

FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!

Don’t just set and forget this key part of your estate plan.

By Lynnette Khalfani-Cox, AARP. Published September 23, 2024.

While too many people procrastinate and never get around to drafting a last will and testament, that’s one financial chore you’ve wisely managed to tackle. And simply by having a will, you’re already ahead of the curve.

According to the 2024 Wills and Estate Planning Study from Caring.com, only one-third of Americans have prepared a will. The survey found that roughly 40 percent of U.S. adults have put off this crucial financial task because they feel they don’t have enough assets to warrant drafting a will or preparing an estate plan.

https://www.aarp.org/money/budgeting-saving/info-2024/times-to-update-your-will.html

Re: 📋 6 Times You Should Update Your Will (AARP Article)

GailL1 — Mon, 23 Sep 2024 21:25:52 GMT

I have had a ton of changes in my life since my last Will was completed so it is time to do a complete redo or else I will be having my X-SIL deciding on many personal things for me - I still like him OK but I need to get him out from under directing my instructions. Plus, I don’t need to start up any arguments between the divorced parties - there is enough of that with joint custody.

It is next on my TO DO List.

Re: 📋 6 Times You Should Update Your Will (AARP Article)

SummerOnTheWay1 — Sun, 22 Mar 2026 15:01:15 GMT

📎 [9/23/24] @GailL1 , I didnot think about "divorces" affecting our wills. Good reminder. I recently made mine along with all the OTHER documents. Glad my daughter understands my Health Directive - let me go when my time arrives. Nicole

[*** GAIL wrote: I have had a ton of changes in my life since my last Will was completed so it is time to do a complete redo or else I will be having my X-SIL deciding on many personal things for me - I still like him OK but I need to get him out from under directing my instructions. Plus, I don’t need to start up any arguments between the divorced parties - there is enough of that with joint custody.

It is next on my TO DO List. ***]

Re: 📋 6 Times You Should Update Your Will (AARP Article)

GailL1 — Tue, 24 Sep 2024 14:42:36 GMT

@SummerOnTheWay1

You only have to change the Will because of a divorce IF they were included in the previous one by name.

Like I said, I have had lots of changes - this was just one -