Quote:
Originally Posted by FatfreeGTO
Basically the estate will end up in Probate court with a judge deciding who gets what money etc. I would rather see you decide the fate of your kids rather then some judge...
Just think of family members that would come forward trying to appeal to that judge to get a piece of your pie, would they really have the best interest of your kids at heart...
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I've seen family greed and entitlement too many times. Thankfully we've kept our will's reasonably current, our kids are 10 & 13 so they currently can't fend off the wolves by themselves.
I've been very surprised at the caliber of individuals I've known over the years in their 40's and 50's that have procrastinated or ignored implementing even basic asset protection measures. I quit gambling at 40.
It takes far less time to protect it than it does to make it.