I made out my will this past year. It wasn’t as bad as I thought it would be, and the family lawyer was very kind explaining everything to me.
Since I’m single, no children it went quick, I own stocks, bonds, 401, etc and all that needed to be sorted out when I died. Which family member would inherit, which charities, etc. I learned if I died with out a will the State would get my 401 and savings.
I left a nice chunk of change, 5k to an animal charity for the perpetual care or any pets I may have so they would be taken care of and not destroyed.
Alas, my kitty crossed the Rainbow Bridge on New Years Eve . I did leave FR a small gift as well. But it may be twenty or thirty years before you all see it......
How much money are we talking about here? If it’s a lot, have you ever thought about adopting an older child? Perhaps one who is older than you? I’m not as good as a cat, but on the plus side, I can play the harmonica.