In my town a good way to get thrown out of a lawyers office is to tell him you going to setup everything in JTWROS(joint tenants with right of survivorship). My mother and father had this setup. When he died, my mother than added me to the JTWROS. Then, My mother died I added my wife to the assets. If I or my wife die, another person or persons wil be added. Has worked for over 60 years. Banks, brokerages will have the necessary forms to fill out. For real estate you can download the form from the internet. We have sold or exchanged real estate. A lawyer was hired. They do have a purpose. But, with a JTWROS costs can be kept to a minimum.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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