Comments on: How often should you update your will? Ask Heath Ledger. http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/ We're here, We're queer, and We're not going Shopping without Coupons Wed, 10 Mar 2010 04:23:21 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: Nina http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/comment-page-1/#comment-113857 Nina Mon, 17 Mar 2008 11:55:07 +0000 http://www.queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/#comment-113857 Alexis: Thanks for stopping by, saying hello and pointing readers to your post. I'll mention another one you wrote that's equally helpful: <a href="http://personalfamilylawyer.com/blog/estate-planning-but-im-only-35-secrets-of-the-old-rich-guys-revealed/" rel="nofollow">Estate Planning? But I’m only 35!</a> Secrets of the Old Rich Guys Revealed. * I asked Alexis <a href="http://www.blogher.com/ten-money-questions-alexis-martin-neely" rel="nofollow">Ten Money Questions</a> awhile back at BlogHer.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-113857">0</span> <small>(to vote for this comment, please visit the site)</small></p> Alexis: Thanks for stopping by, saying hello and pointing readers to your post. I’ll mention another one you wrote that’s equally helpful: Estate Planning? But I’m only 35! Secrets of the Old Rich Guys Revealed.

* I asked Alexis Ten Money Questions awhile back at BlogHer.

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]]> By: Alexis Martin Neely http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/comment-page-1/#comment-113780 Alexis Martin Neely Mon, 17 Mar 2008 00:33:55 +0000 http://www.queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/#comment-113780 Nina, great post bringing awareness to this issue. What Heath's will also illustrates is how important it is for unmarried partners to use a lawyer. Here's my post about it: <a href="http://www.familywealthmatters.com/heath-ledger%e2%80%99s-estate-planning-out-of-date-%e2%80%a6-no-mention-of-daughter-matilda-or-her-mother-michelle-williams-in-will/" rel="nofollow">Heath Ledger Estate Planning Out of Date</a>... Alexis<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-113780">0</span> <small>(to vote for this comment, please visit the site)</small></p> Nina, great post bringing awareness to this issue. What Heath’s will also illustrates is how important it is for unmarried partners to use a lawyer. Here’s my post about it:

Heath Ledger Estate Planning Out of Date…

Alexis

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]]> By: Nina http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/comment-page-1/#comment-112731 Nina Wed, 12 Mar 2008 14:08:34 +0000 http://www.queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/#comment-112731 Liza: Great point. Thanks for the addition!<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-112731">0</span> <small>(to vote for this comment, please visit the site)</small></p> Liza: Great point. Thanks for the addition!

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]]> By: If you care about them, you should be ready | About Womyn - lesbian news with lesbian views http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/comment-page-1/#comment-112676 If you care about them, you should be ready | About Womyn - lesbian news with lesbian views Wed, 12 Mar 2008 08:30:39 +0000 http://www.queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/#comment-112676 [...] you’re still breathing, and (2) you have plenty of time to prepare. Try not to procrastinate. Queer Cents lists a few suggestions as to how you should proceed in writing your will, especially for us of the [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-112676">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] you’re still breathing, and (2) you have plenty of time to prepare. Try not to procrastinate. Queer Cents lists a few suggestions as to how you should proceed in writing your will, especially for us of the [...]

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]]> By: Liza http://queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/comment-page-1/#comment-112196 Liza Mon, 10 Mar 2008 20:14:53 +0000 http://www.queercents.com/2008/03/10/how-often-should-you-update-your-will-ask-heath-ledger/#comment-112196 The other thing you need to be careful about if you consider adding your partner to the title of a home you owned before becoming partnered is the gift tax. Married couples and certain other specific relatives can usually be added to the title of a home without triggering those tax implications, but same sex partners aren't generally on those lists, and certainly aren't for federal tax purposes. You may be able to work around this restriction by refinancing and adding your partner to the mortgage as well as the title, but even that is no guarantee. Talk to a lawyer or financial professional for help.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-112196">0</span> <small>(to vote for this comment, please visit the site)</small></p> The other thing you need to be careful about if you consider adding your partner to the title of a home you owned before becoming partnered is the gift tax.

Married couples and certain other specific relatives can usually be added to the title of a home without triggering those tax implications, but same sex partners aren’t generally on those lists, and certainly aren’t for federal tax purposes.

You may be able to work around this restriction by refinancing and adding your partner to the mortgage as well as the title, but even that is no guarantee. Talk to a lawyer or financial professional for help.

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