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PSA - Update your Wills and/or Living Trusts
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MrsT
Enjoying wedded bliss.....
Member since 4/06 1323 total posts
Name:
Katrina
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PSA - Update your Wills and/or Living Trusts
and beneficiary for bank accounts, insurance, 401K's etc.
I am in a situation, helping a friend of a friend and it's all because her husband's will was not updated before he died.
He named an administrator who predeceased him so now the wife is in a battle over her husband's estate with the SPOUSE of the deceased administrator.
Can you imagine! Based on my conversation with her lawyer, the wanna be administrator will lose since administration reverts to a spouse in NY if the named administrator predeceases the drafter. Had the husband's will been updated this would not have happened.
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Posted 9/17/07 10:53 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
MissJones
I need a nap!
Member since 5/05 22134 total posts
Name:
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Re: PSA - Update your Wills and/or Living Trusts
 You mean the SPOUSE of the FRIEND is after the estate???  Wow...what a greedy b!tch! 
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| Posted 9/18/07 6:22 AM |
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Kathy116
Hey baby!
Member since 6/05 1855 total posts
Name:
me
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Re: PSA - Update your Wills and/or Living Trusts
I am sorry your friend is going through this. This is the last thing she needs after the death of her husband.
Message edited 9/18/2007 6:46:20 AM.
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| Posted 9/18/07 6:42 AM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: PSA - Update your Wills and/or Living Trusts
Excellent PSA!
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| Posted 9/18/07 6:47 AM |
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Mommy2Boys
My Boys!!!!
Member since 6/06 14437 total posts
Name:
C
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Re: PSA - Update your Wills and/or Living Trusts
You mean the SPOUSE of the FRIEND is after the estate??? Wow...what a greedy b!tch!
I dont know that she is after the money, it seems like being her husband was the named beneficiary the estate would automatically go to her b/c she is the spouse.
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| Posted 9/18/07 7:05 AM |
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janet
WITH LOVE MY ANGEL MISS YOU!!!
Member since 5/05 12823 total posts
Name:
janet
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Re: PSA - Update your Wills and/or Living Trusts
thank you for posting this it's sad that we have to wait till something sad happens to realize this stuff. many hugs to your friend if she needs someone to talk to i am here as i know how she feels.
I have not posted this in a while and EVERYONE better have their paper work in order. if not GET IT DONE!!! PLEASE i do not want to see anyone go through this and the problems i had.
Web link to Health care proxy and other important papers this is what Ron had posted when i was going through my tough times... please take a few minutes to do this. and have everyone in your family do it also..
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| Posted 9/18/07 7:55 AM |
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