They’re not just for the old. Think about and make a plan for yourself. A will is basically a simple document stating what you want to happen to your worldly property in the event of your passing. After you pass away, the will is used in public court in a process known as probate to make sure your wishes are handled fairly. A trust allows you to avoid probate and give directly to your loved ones. For most people, a will or trust are essential documents and vehicles – appoint an executor you trust and your stuff will go where you want it to go.
Wills and trusts are quite simple to set up, but you still should consult an attorney to make sure you’re following all of the procedures that apply in your state.
Key things to think about:
• Who should be the executor? It should be someone you trust deeply.
• Who should have my assets? Also, how should they be divided up?
• Who should have my personal heirlooms?
• Who would gain custody of my minor children? Talk this over with the people you have in mind and make sure they’re okay with it.
Think and do activities that demonstrate your freedom.
This has been our money kingdom financial perspective.
May I AM THAT I AM GOD prosper you.