View Single Post
Old 05-10-2010, 09:22 PM  
VGeorgie
Confirmed User
 
Join Date: Nov 2008
Posts: 359
Quote:
Originally Posted by CDSmith View Post
INTESTATE -- From the Greek, literal translation is "Sans Testes" meaning without balls.
Well, no, it's from Latin, and is the same as the root word for testament, to stand witness.

That doesn't mean you shouldn't have a will if you have any value in your estate, but I just wanted to point out there are no balls involved.

Simple wills you can do online for about $100. We paid $750 for ours 20 years ago from an attorney. If you have lots of money you might consider a trust for your heirs. Passing them down gobs of money all at once is a sure-fire way to get them hooked on drugs and rock-and-roll. Make your trust payable starting at age 16 or 18 (or use a trustee to administer if they are younger), and extend to at least 25. Talk to an attorney before passing a house to your heirs. A trust is a good method, especially in California.

Last edited by VGeorgie; 05-10-2010 at 09:26 PM..
VGeorgie is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote