Results 1 to 11 of 11

Thread: Life insurance

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Registered Male (Not Verified)
    Join Date
    Aug 2018
    Posts
    2
    While not life insurance, make sure your bank accounts have a payable upon death name listed. In that situation the bank pays to that person and the accounts don't have to be probated.

  2. #2
    Registered Male (Not Verified) WhoisMe123's Avatar
    Join Date
    Jan 2021
    Posts
    20
    Quote Originally Posted by 1980saguy View Post
    While not life insurance, make sure your bank accounts have a payable upon death name listed. In that situation the bank pays to that person and the accounts don't have to be probated.
    POD accounts are the way to go if that's all they have. For a house or land, make sure they have a transfer on death dead filed in the county. Any fifth year lawyer could be able to draft those, or if they are in the estate planning business it can be made fairly quickly by a first year. I'd quote about 1k on that but it really saves time and headache. Probate is slow, it can be extremely costly, and creditors really suck. Another thing you might consider if no body does anything while living is try a small estates affidavit. There is a certain criteria to meet if the deceased person does not have a will, so if push comes to shove get in touch with a probate lawyer.. not a personal injury or criminal defense person.

  3. #3
    Guest
    Join Date
    Jan 2020
    Posts
    69
    50 states, 50 different laws. Some of this stuff can be done when property is purchased and titled. WROS (with rights of survivorship) can be done at the court house by the owners of the property. If you have it and don't need it and can't take it with you give it away before you die. Intestate isn't always a bad thing.

  4. #4
    Verified Hobbyist BCD DocHoliday's Avatar
    Join Date
    Apr 2018
    Location
    In a secret, heavliy defended, underground lair somewhere in the OH2 Badlands
    Posts
    19,833
    As a professional, I see a lot of misinformation flying around here ^^^^. I suggest you speak with an insurance agent and pass on a lot of the information being espoused above as fact.

    This has been another legal PSA from Ol’ Doc. SE, you know you can always contact me for the straight skinny.
    Newbie members friendly. Troll inhospitable & I have an ever growing troll ignore list!!!
    I’m your Huckleberry and this hobby is just my game. Ladies, just say when!! #Pussy Posse founding member
    If you’re BSC, probably BSC, a drama Queen/King, WK or troll, DON’T PM me or post in my threads
    Thanks for your cooperation.
    Email for issues is support@ourhome2.net The verification process is HERE The review gremlin patch is HERE

  5. #5
    Verified Companion Companion Secret Encounters's Avatar
    Join Date
    Apr 2018
    Location
    Fredricksburg rd.
    Posts
    1,129
    Please close I was able to get what I needed

    ❤️Stacked short and curvaceous VixXxen
    ❤️
    ______________________
    My Screening is required!!
    Send Me A Pm with your reference then Follow by txt to let me know you sent me pm! You must have a minimum of 1 reference, NO EXCEPTIONS !
    190/240 ~2109870870~



  6. #6
    The "Guide" In Black ® Mokoa's Avatar
    Join Date
    Jan 2009
    Location
    San Antonio
    Posts
    7,712
    Done.

    Glad to read you found what you were looking for.
    "Don't come here and grumble about going too fast. Get the hell out of the race car if you've got feathers on your legs or butt. Put a kerosene rag around your ankles so the ants won't climb up there and eat that candy ass."

    Dale Earnhardt

    9/11 Memorial


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •