Baby Boomers
In reply to the discussion: Changing our will [View all]PoindexterOglethorpe
(26,802 posts)if you haven't already, MAKE A WILL!!! And yes, I know I'm shouting.
Even if you have no money, or assets worth much of anything, you probably have possessions that are very meaningful to you and to some of those around you. You want to make it clear how you want those things divided up, or sold and the proceeds shared, or whatever you'd prefer. I keep on hearing people say, "Oh, it doesn't matter." Or, "I don't care, they can fight over it if they want." In reality, if you die without a will the state you live in determines how your assets are divided.
Heck, I not only redid my will recently, but I sent copies of it and other pertinent stuff to the two people who will be in charge of settling my estate, such as it is. I've decided that the more they know, the better off they will be and the easier it will be to take care of anything when I'm gone.
And don't forget that as time goes by you will probably need to update things. A death, a marriage, a divorce, or a birth in the family should trigger revisiting your will.