Your basic home inventory package allows you assign up to 10 items in your home to your preferred beneficiaries. But suppose you want to assign all, or most, of your personal belongings to various family members and friends. That's no problem.
Consider this scenario:
A widow named Mary dies suddenly, leaving her estate to her three daughters, with her brother appointed as estate trustee. In her advanced age, Mary told two daughters they could have her wedding rings - each thinks the rings are left to them. There is no provision in her will. Other sentimental items among Mary's belongings are also being disputed. Not a good situation for a grieving family.
A customized SafeList estate plan can sort out these issues in advance and provide some clear direction that can be included in your will. Your SafeList helps you focus on various items that you may want to bequeath to specific indviduals. For example, a dear friend painted you an amazing piece of artwork. Perhaps you want to return it to her when you die as a reminder of how much you appreciated it. This is the personal approach SafeList can provide, allowing you to distribute your personal effects with a thoughtful, caring approach. SEE RELATED ARTICLES
Contact SafeList today to learn more about this peronal approach to estate planning. 902.445.6700