QueBarbara <que.barbara.lanc@[EMAIL PROTECTED]
> wrote in
news:cr5d049r5v29evtr5mu8jg136qc629cmta@[EMAIL PROTECTED]
> Yikes. Dying is so complicated. Everyone keeps saying that getting a
> trust is the only way to go, but since we have no kids and limited
> assets (house, retirement funds, small percentage of stock of a
> private company), is all that really necessary?
>
Ask around amongst your acquaintances and find out if probate is a
serious ***** in Texas. It is in California. It's not in Colorado.
With no kids and limited assets, you very well might need only a will.
In our case, my husband and I have a trust because he has a child from
his previous marriage. If he dies first, then I can use his money for
my maintenance and sup****t, and can drain the funds dry if necessary.
But if I don't do that, and there's money of his left over, he wants it
to go to his kid rather than have me leaving it to my much younger
second husband. I can of course leave my own assets to my much younger
second husband.
--
Dover
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