Things do change. I just checked the ID tag in our luggage. My wife's cell number changed and I had to update it. It never ends.
Unfortunately, as people age, they CHANGE all of that, so that past knowledge becomes out of date! That happened with almost everything that my own mother briefed me about decades ago.
It was a process of discovery, in going thru her house to prep it for sale.
Our own heirs will have a far greater challenge in the discovery/management of our digital lives, and lack of info about logins and passwords, too.
Our heirs will need to contact banks, stock brokerages, life insurance policy companies, Social Secuity...(and on and on) and there might be few clues as to the fact about what we have put into place (especially with the elimination of paper statements), which entitles them to benefits, if we have not declared beneficiaries or our declared beneficiaries have moved or even died before us (and we neglected to update records on file).
They have a reason to care!
And if you live in LinkedIn, they will not remove you unless someone provides them with a Death Certificate. And other social media???
I don’t throw anything away. I have scanned and cataloged all my film. I’ve organized and cataloged all my digital photos. I am in the process of digitizing all my analog recorded media (music, radio broadcasts, etc.). I write up all my travels in several blogs. I keep good notes on the repairs I do to my cars, motorcycles, tape recorders, house, etc. I do none of that so that my heirs can access it. I do it all for me, simply so I can use it and I enjoy doing it all. Isn’t that enough?
As for estate planning, my wife, an accountant, is well versed in that area and has been executor for several estates so has our stuff very organized. If something happened to both of us, the kids have access to all paperwork with everything they need to dispose of the estate.
Of course, I plan to live for at least 3 more decades to hit the triple digit and, so far, so good.
Any estate lawyers here?
Which reminds me when my grandmother died and her last remaining daughter cleaned out the house of all grandma's jewelry and good stuff. My mother and the third sister were deceased, but I thought that was still unfair since there were granddaughters who ought to get something. So I asked an attorney about what happens with jewelry and that kind of stuff that's not listed in a will. So he smiled wryly and replied, "Well, the person who gets to the house first, gets the loot."
Live long and spend it all.
A retired one.
The answer is - it depends on many things such as jurisdictional differences in statutes and regulations and case law, the specific terms of contractual arrangements, and the wording in applicable Wills.
Many of those include wording like: "if they survive".
Exactly. I have no interest or need is leaving anything to my kids. They are already better off financially than I am, which is a good thing. Although I think the youngest wants my cars.
And when it needs to be determined how the different elements of the estate are to be distributed, Probate can kick in, with large chunks of attorney fees, alloted by the Probate laws, extracted from the estate total value.
If I discard the negative it means that I discard the photograph. If I want to keep it I would keep the negative. I can discard everything else like prints and scans but not the negative. The negative is the most important of a photograph. All others can be made from it and over time I may change the way I want to make them.
Depends on how much is disputed, as well as the rules and practices where the solicitors and/or barristers practice (we don't refer to lawyers as attorneys around here, except when they are fulfilling the roles of an attorney under a power of attorney).
Non-disputed Probate in my jurisdiction means court fees of around 1.4% of the value of an estate. Lawyer's fees can be everything from a few hundred dollars to many thousands, depending on how complex the issues are and how knowledgeable and experienced the executor is.
Depends on how much is disputed, as well as the rules and practices where the solicitors and/or barristers practice (we don't refer to lawyers as attorneys around here, except when they are fulfilling the roles of an attorney under a power of attorney).
Non-disputed Probate in my jurisdiction means court fees of around 1.4% of the value of an estate. Lawyer's fees can be everything from a few hundred dollars to many thousands, depending on how complex the issues are and how knowledgeable and experienced the executor is.
If I discard the negative it means that I discard the photograph. If I want to keep it I would keep the negative. I can discard everything else like prints and scans but not the negative. The negative is the most important of a photograph. All others can be made from it and over time I may change the way I want to make them.
Having a will written by a knowledgeable lawyer and appropriately registered can save money, time and grief.
Or I sold the photo to someone who wishes it to be the only copy that will ever exist
Having a will written by a knowledgeable lawyer and appropriately registered can save money, time and grief.
In some cases, Wills do affect things like beneficiary designations for life insurance and employee/retiree benefits and other similar assets. In other cases, they do not. That is why lawyers who assist with things like Wills need to be quite nosy about many things in a client's life - otherwise advice can end up being incomplete or impractical or just plain wrong (in the circumstances).
So should I keep or discard my negatives?
Keep them. Once thrown out they can never be retrieved or replaced. Maybe in the future you get a better scanner with a higher resolution.
If you get your film developed at my local Walgreen Pharmacy, they will scan them, but never give you back your negatives, even if you ask for them. It's disgusting.
That is why it is a bad idea to just download a will from the internet. That will may not be valid in your State or Provence.
That would be their problem. I would tell them to take a hike if they did not trust me.
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