Helpful miscellaneous articles
regarding our retirement plan and planning.
Like you, I review my retirement nestegg and plan from time to
time. Recently, I went though some
continued education for some credentials I maintain and it occurred to me that
we all could use a review about these issues.
So with your help, we will share and post articles and info that may be
helpful and of interest to many of you in this section.
We will resume more info about designating
beneficiaries in the next high life but Capt Butcher makes such an important
point in his post that I wanted to highlight it.
With last will and testament a “codicil” can amend it very easily.
However, as mentioned in the following, sometimes it may be almost be as easy to
simply re-do the entire will.
Why Not Make a Codicil to Amend Your Will? | Nolo.com
www.nolo.com
› Legal Topics › Wills, Trusts & Probate › Wills
A codicil
is a document that's added to an existing, signed will, to change it or add new
provisions to it. The word codicil has been around since the 1400s, but now that most wills are created
electronically, it's often easier -- and clearer -- just to make a new will.
From: Doyle Butcher
Date: 10/18/2016 6:33:27 PM
Subject: Estate Planning
Mark,
I recently
lost one of my sons to cancer. At my death, he was to receive a full share of
my estate along with his siblings. I was looking at having to rework my will
until I discovered the "
Codicil", a document that allows you to delete, add, change, etc anything
in the will. Forms are available online for a nominal charge. When
completed, I had the document notarized and attached to my copy of the will. By
doing so, I was able to pass my son's share to my two beautiful grandchildren.
Thanks for your coverage of this important issue. Hope you get the "big
one" on your Michigan deer hunt.
Fraternally,
D. Allen
Butcher
Capt, Ret
1998
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
From: Jake Boyd
Date: 10/19/2016 1:29:24 PM
To: Mark Sztanyo
Subject: Re: Your Message has been Received - OK
Thanks Mark,
I found your archived BLOG info on your website and
was able to find the info on wills, etc.
I thought I remembered as having to do with PBGC but
it is other valuable info about designated beneficiary.
Thanks for your service and great info.
Jake Boyd.
Editor: Jake, more on
the beneficiary subject will be published in future issues.
~~~~~~~~~
(As
with any of these informative articles, anyone who needs someone to talk to
about
this very subject contact
me and I can direct you to a
knowledgeable advisor). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Full post disclaimer in left column. PCN Home Page is located at: http://pcn.homestead.com/home01.html
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