LivingAlmostLarge - trying to live large  ...one step at a time

Getting a Will

January 28th, 2010 · 4 Comments · Estate Planning, marriage

My parents have a will that is 20 years old.  Can you imagine if they died right now?  Besides the point, I honestly don’t even know where it is or who it’s filed with?  This uncertainty drives me crazy and is pushing me to get one.
I’m starting to research and understand what a will is [...]

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Deciding an inheritance?

July 21st, 2009 · 13 Comments · Estate Planning

I was chatting with my mom about the fact that she doesn’t have a will.  Sure I’ve been nagging my parents for years.  The last will my parents did is around 20 years old.  They no longer have kids in the home.  They have retired, bought more property, and have no mortgage.  They have fewer [...]

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Accidental Windfall

July 4th, 2009 · 8 Comments · Personal Finance

I was asked the question, what would you do if you inherited some money?  Well it would depend.  If it were $1000 or less I think I would take 10% and spend it on a nice dinner out and save the rest.  Honestly it’s not really enough to make a difference in my lifestyle.
If it [...]

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8 reasons you won’t inherit

July 26th, 2008 · 3 Comments · Estate Planning, Retirement

This is an amusing article by the New York Times.  It suggests that there are 8 reasons that Generation Xers and younger will not be inheriting as much money as previous generations.  And those who did expect to inherit might be sorely disappointed.
First the article suggests that people are living longer.  Thus their retirement savings [...]

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