RE: living trust, will, and advance directives

[Robert <http://dummy.us.eu.org/robert>]

 > From: ", Flora" <http://www.vermont.gov/~Flora.>
 > Date: Mon, 6 Nov 2017 19:21:40 +0000
 >
 > Do you go to an estate planner to get all this done?

I'm not sure who you are addressing, but, yes, Noelle and I are working
with an estate planning attorney to create a living trust, an advanced
directive, and a will.  (The will is a fall-back if the trust has flaws;
going through probate is to be avoided if possible.)

 > Do they help you with the financial planning, too?

No.

 > I'm thinking you want to financially plan.

You mean, for retirement?

 > Do you know 
 > if a deceased person's debts are paid by their living relatives?

They usually are -- usually the closest living relative.

So, control your spending! :-)

 > -----Original Message-----
 > From: Robert [http://dummy.us.eu.org/robert] 
 > Sent: Monday, November 6, 2017 1:43 PM
 > To: Bhavani <http://www.myself.com/~Bhavani>; Bhavani <http://www.juno.com/~bhavaniowl>; 
 > Bhavani <http://www.gmail.com/~bhavaniowl>
 > Cc: Richard <http://www.juno.com/~w1few>; http://dummy.us.eu.org/noelleg; , Flora <
 > http://www.vermont.gov/~Flora.>; Flora E  <http://profiles.yahoo.com/Flora>; Flora E 
 >  <http://www.gmail.com/~flora>; Chris <http://www.gmail.com/~christopher1>; 
 > Chris <http://www.gmail.com/~drchrisbear>; Chris <http://www.picis.com/~C>; Marnie 
 > <http://www.gmail.com/~369marnie>
 > 
 >  > From: Bhavani <http://www.gmail.com/~bhavaniowl>
 >  > Date: Mon, 6 Nov 2017 11:11:14 -0700
 >  >
 >  > Richard & I are each otherââ?¬â?¢s POAââ?¬â?¢s. In case of our deathââ?¬â?
 >  > ¢s occurring at  > the same time then it should/could be our children. Two 
 >  > can be named according  > to the law?
 > 
 > Not sure.  In Ca, you can name all the beneficiaries to be the trustees 
 > to the living trust; this is something Noelle and I will likely do.  If they 
 > permit such an arrangement in , I urge you to do something similar.
 > 
 >  > So we could ask who wants to be Advanced Directives??   
 >  >
 >  > PS I believe that Robert, Flora, Marnie and Chris know what our wishes are 
 >  > or  > could  look in a form such as the five wishes?
 > 
 > Likely true, which is why it makes sense to assign multiple people to these 
 > things if possible.  This way, everyone is forced to agree upon the action 
 > taken.