Tuesday, July 3, 2012

The "No Will" Will


Many people think that even if they don’t have a will of their own, state law will rescue them from their procrastination. Unfortunately, that’s not true. Simply put, the law provides that your next of kin will inherit. But there are very serious problems with relying on the law instead of your own personal document. The following No-Will Will, though written with a sense of humor, highlights major problems you risk if you don’t have your own private will:
 
                What happens if you don't have your own Will?
The  No-WillWill 

            Being of sound mind and memory, I, Joe Procrastinator, do hereby publish this as my Last Will and Testament:

FIRST B I give one-half (2) of what I own to my wife and one-half (2) to my children (no matter who needs it more).

SECOND B If my wife remarries and her new husband outlives her, he shall be entitled to one-third (a) of everything she has [or one-half (2) if there are no surviving children].  He shall then have the power to decide who gets his share and may leave nothing at all to my children.

THIRD B I have the right to select someone I trust to handle my affairs after my death, but I don’t care.  Let a judge choose whomever he wants to be my Executor or Personal Representative.

FOURTH B I want the Federal and State Government to take as much of my wife=s and my children=s money as they want since they need it more (there is a huge government budget deficit, after all).

FIFTH B I want a cheap funeral despite the wishes of my family.

SIXTH B I own family mementos that my children would like to have. But I don’t want to pick who gets what. I’d rather that they fight over the items when I’m gone.

IN WITNESS WHEREOF, I have signed my Last Will and Testament on this, the  ______day of _____________, 20___.
          
                                                                        ______________________________________
                                                                       Joe (or Jane) “I’ll live forever” Procrastinator

If you want a Will of your own, call Richmond Davis, Attorney at Law 
                                                         410-730-5550

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