Retirement seems to be all about the will to live a life. Somebody shared that people who retire early without any goals of what to do thereafter tends to die young.
Which leads me to a recent discovery about death. More specifically, a Will for death. I had a few realisations on this, which led me to several “Oh shit!” moments. And I thought I had all the bases covered. How wrong.
Not having a Will could …
… cost you an extra $3,000 to get the necessary documents processed.
… take from 1 to 3 years, instead of just 1 year, before the assets/money can be available to my beneficiaries.
… result in the wrong people getting the money in the event of unexpected dual death of husband and wife, depending on the sequence of death. It seems that in the event that both die “simultaneously” (or could not be so discriminated), …Read the full article →