FYI: ONLY ABOUT 40% of Americans have a will, including just 58% of those ages 53 to 71. The good news is, among those of us 72 and above, the percentage is much higher—81%.
Putting in place a will, trust documents, powers of attorney and so on is no easy task. I’ve been through the process twice and it’s not fun, mostly because a good attorney will ask a lot of uncomfortable questions you’d probably rather not think about—like, do you want to designate someone to pull the plug, or which of your children should be executor, or should you pick someone else entirely?
Regards,
Ted
https://humbledollar.com/2019/04/one-last-thing/
