I have a citi card that started at a 10k limit and they keep raising it. I think its like at 40k now.

 

I hate to spoil this party, but having gone through this with both my parents, you can't just help yourself to their possessions. It is literally NOT that simple. The DMV or whoever can't just hand over someone else's property to you.

The court appoints an executor for the estate, in keeping with the will of the deceased. If the person died intestate (without a will), the court will appoint someone (usually one of its clerks or officers) as executor. Under state law, only the executor has the power to dispose of the deceased's property.

You don't have to cancel your credit cards, charge accounts or memberships before you die. Your executor takes care of that. You don't have to sell or give away your possessions either. Your executor does that too.

If you want to be specific as to who your executor will be, and who gets your possessions, have a will drawn up. Lawyers who handle probate can help you, usually for a small fee. Don't wait until you're old. You can walk out your door tomorrow morning, be hit by a bus, and be on the other side before you know what hit you. Get it done...now. As long as the will is in proper legal form for your state, under the law the court has to honor the wishes expressed in it. Yes, you CAN control what happens to your stuff after you die.

 

How do you know what you have before you die? Does a will have to be specific? Itemized stuff?


*knock on wood

 

word h:

 

hahahahaha :rofl:

 

I call BS on that being true, but still funny.

 

You should have walked out signed the title and dated it before she died, then walked back in. You probably would have had to pay some late fees though.


Personally, I don't think I'll give crap about things after I die. They won't be my problem anymore!

As for my parents, hell I won't care about the stuff like that. The CC companies can bill them all they want, but they're just going to be thrown away.

 

It can be as specific or as generalized as you want it to be, and it's not set in stone once you've done it. It can be updated as often as you want.

When you contact a lawyer about having a will done, they will ask you to itemize your assets. They'll also ask you how you want those assets divided among your heirs, and whether you want specific people to have specific items. The lawyer will then put it all into the proper legal form for your state.

Once it's done, make sure that your relatives (particularly the one you designate to be your executor) have copies of it, and that the original is in a known safe place, since that original has to be given to the probate court after your death so that your wishes can be carried out as you specified.

 

I vote :repost:

 

Word. h: