- Power of attorney - 1 Update
| Beaver_Fever@live.com: Nov 12 06:39PM -0800 > It's better to have a will and executor at a distance, than no executor > at all. A will is essential in determining who gets what, unless you're > OK with state law, which governs that, absent a will. Maybe I will just appoint my roommate and hope he complies? He's about as functional and capable as me, living way below the poverty line, etc. I was going to leave him something just so my untimely death doesn't end up putting him and his cats on the street. My mom is in another state and guardian of small children. And my dad, something is not quite right there. > see you did $500K in sales last year, had expenses of $X, paid $10K in > income tax, no competent executor would report $500K in income to the IRS > and state. Gotcha. The records are digital, all on my computer, updated and emailed to myself once a week or so just so I still have them if there is a problem. Actually the whole business is mostly digital. And quite possibly almost impossible for anyone else to understand. Gotta find someone new to do my taxes, he misunderstood something I gave him, seriously underreporting last year's income by like 50k and I still haven't dealt with that yet. (I am like seriously financially retarded, barely competent, unemployable, etc ... I just got really lucky on a few money making opportunities recently) > to use a lawyer, who will probably charge you a few hundred bucks to draw > it up. An advantage there, they can notarize it, have the office folks > be a witness, deal with any special issues you have, etc. Gotcha. I kinda got started when I felt sick this time last year but then got really busy again and just let it go. I tend to spend like every waking moment trying to make money I hope I never have to spend and let everything else fall to the wayside. And it's not just the money but ongoing business concerns which no one would know how to handle except maybe one friend. It doesn't help that I also really have no idea what I am doing. |
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