Re: Tuesday Chat 06.26.12 |
Subject: Re: Tuesday Chat 06.26.12 by TommyT-Bone on 2012/6/27 11:23:55 True story. I had a friend named Charles. He had been married 20+ years previously and never got divorced. He had nothing to do with his ex-wife for all that time. He dated, he met a woman and they had a son together. He loved his son. We told him over and over again to change his paperwork so if something happened to him his son would be provided for. Always put it off. One day someone found him dead in an elevator. No foul play. In the state of Florida, your estate (with no will) has an order of distribution. First is the wife, second your kids, and so on. After 20+ years his ex got a payday. Got all his life insurance benefits. You know she kept everything. His beloved son got a big fat zero. If you have something you need to do, do it. The consequences can be life altering. |