MY PARENTS SET UP REVOCABLE TRUST
SHOULD I THE SON I ASK THEM WHAT ITS ALL ABOUT OR CAN I READ IT. WOULD BE EASIER TO SOLVE QUESTIONS BE4 THEY PASS? READ YOUR ARTICLE IN NEWSPAPER AND IT MENTIONED “ORGANIZER FORM” IS IT AVAILABLE ON NET
Terry Says
I’m glad your parents have created a Revocable Living Trust as an estate plan. They might not want you to know exactly where everything is going after their passing, but the entire concept is worth a discussion over a calm dinner.
Download the organizer form here — top right corner of my website, blue box.
Then give it to them and ask them to fill it out — in case of emergency –and then go over it with them. It just asks the “location” of important documents, account numbers, etc. But it also might reveal stuff they hadn’t considered — such as military separation records that entitle a free headstone, location of safe deposit box and key, etc etc.
And importantly WHERE is the documentation for this RLT!! Should have a copy at home, and also with attorney (and you need the attorney’s name and contact info). Also who has the healthcare power of attorney –and did they create a living will (end of life care)?
