Guest guest Posted October 4, 2002 Report Share Posted October 4, 2002 Do make wills quickly. Especially with Kirk driving distances now when his job starts. You also want to name guardians for your children--someone who agrees to raise them if something happens to both of you. When my bro-in-law was killed in 1984 there was no will and he left 2 adult children, 1 minor child and his wife. Because there had to be changes in deeds at the time and we owned all the farms together with him on 6 separate deeds (3 farms x 2 deeds each), the court had to appoint a " guardian ad litem " to protect the minor child against his mother and aunt/uncle!! It took a year or more to do the estate. I don't know about Canadian laws and each state here is different, but intestate (no will) the state/gov't tells you how it will be divided. In our case here whatever isn't in joint names, it's 1/2 spouse, 1/2 minor children. It was a big mess and my husband did all the work for it---saw to equipment/property appraisal, did the tax returns, everything plus farmed and taught 7th grade science. Fortunately, his school district granted him a 6 mon medical leave and then the next 2 years approved a 3/4 schedule so he could keep benefits. Wonderful school district!!! Jim's bro also let a good sized life insurance lapse just a couple months prior--too much of a skinflint! We have our wills quite detailed because it's so complicated! I even have a list of where I want certain household goods to go. Like I want my family heirlooms to revert back to my family if Marc doesn't survive us. Just do it!!!! Lelia Quote Link to comment Share on other sites More sharing options...
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