Wednesday, February 19, 2025

Where There's a Will, There's a Way

cemetery
The proverb where there's a will, there's a way is said to mean that if someone has the determination and desire to do something, they will find a way to achieve it. So, a strong will can overcome obstacles and lead to success. It seems to me that this applies equally well to a different kind of will - a last will and testament. Having one of those will help your heirs overcome legal obstacles and will help you succeed in making sure your estate goes to the people you intended without being tied up in court.

Today my community had a lunch and learn that discussed wills and trusts. We have had two wills done in the past - one when our first child was born, and the second as we neared retirement. They both were filed in Missouri, and it has been weighing on me that things might not go smoothly when one of us dies since we now live in North Carolina. The presenter today confirmed my fear. An out of state will is better than no will, but a death will be incredibly difficult for either one of us without complicating things having to go through probate.

The presentation was very good. I picked up some new information, and some additional things we should take into consideration when we update our will. Or go with a trust, which was not recommended by our attorney in Missouri. But years have gone by and we are in a different jurisdiction, so I'm not sure which direction the new document will go. The sponsoring organization offers a free one-hour consultation to Imagery residents, so I signed up to be contacted for that. This was just the motivation I needed to jump-start the process of updating our estate.

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