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Author: JAFO31 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 5745  
Subject: Re: Will bequest vs. account beneficiary designa Date: 3/13/2012 7:20 PM
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RBMunkin: "Two houses - one a rental - are in both our names so that'll be a no-brainer when one of us dies."

How so? How are the houses titled? Are the community property? Or separate property? Or to you hold title by the entireties? Or perhaps as tenants in common?

"The will leaves everything to her but that isn't much. Household stuff like books and furniture.

So I don't even see a need for probate at all."

I am still curious about the real estate. In addition, do you own a car/truck/SUV or more than one? How are those titled.

Who will be the executor? Will you have enough funds in the estate for the executor to cover the expenses of the estate or are you expecting the executor to pay out of pocker?

Regards, JAFO
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