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Author: RBMunkin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5741  
Subject: Re: Will bequest vs. account beneficiary designa Date: 3/13/2012 8:40 PM
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Houses AND cars in both names.
Credit cards also.
EVERYTHING. I did it this way for many years on purpose.

We don't have anyone to make decisions if we both are incapacitated. It's good to do what one can but the bottom line - life is uncertain. You can't insure against EVERY potentiality. No kids, no family in the area, not much we can do about it besides health care directives. The odds are just not there that we'd both be incapacitated at the same time. And if one gets so, then other plans can be made and changed.

Yes, she will know more or less. I have written it all up with names, numbers, account numbers, how to access it all via Quicken, on and on. Yes, she will have plenty of dough for a long while. Both our checking accounts are in both names. Again, I did it all like this over many years on purpose.
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