TRUE OR FALSE: THE MYTH BUSTIN’ GAME!
"Having no plan always works out great because, you know, the law was planned out to suit my specific life."
TRUE
FALSE
Correct!
Wrong!
"Free will drafting services or those costing less than my monthly Starbucks budget are just as good as any. I don’t need to pay more!"
TRUE
FALSE
Correct!
Wrong!
"My parents will be able to make important medical decisions with guaranteed access to my medical records and the opinions of my doctors should I be hospitalized for any reason tomorrow. I’m single after all."
TRUE
FALSE
Correct!
Wrong!
"I don’t need a Will. My spouse will inherit everything I own anyway."
TRUE
FALSE
Correct!
Wrong!
“I don’t need a Will. I have nothing to give away & will never have a great lawsuit worth lots.”
TRUE
FALSE
Correct!
Wrong!
“I don’t need a Will. I have nothing to give away. Sure I play the lotto, but what are the odds?”
TRUE
FALSE
Correct!
Wrong!
“I don’t need a Will. I have nothing to give away & don’t think I’ll soon earn more income…”
TRUE
FALSE
Correct!
Wrong!
"A Power of Attorney over my minor children & a Declaration of Guardianship are irrelevant, as my surviving spouse is also my children’s parent. So, they’re good to go!"
TRUE
FALSE
Correct!
Wrong!
"My idiot sister and her loser husband (think Dennis Quaid in National Lampoon’s Vacation) will never get any of my money if I pass."
TRUE
FALSE
Correct!
Wrong!
"I don’t need a Statutory Power of Attorney appointing anyone as my agent over my business interests. Even if I am unconscious while on a respirator, my business partners will only make good decisions about the fate of our business that I am sure to agree with upon returning."
TRUE
FALSE
Correct!
Wrong!
"I don’t need a will when my life insurance policy will payout my chosen beneficiary everything there’ll be to give anyway. That beneficiary is also listed as the “payable on death” individual at my bank and with the institution holding my 401k."
TRUE
FALSE
Correct!
Wrong!
"I don’t need a will or any trust. Come on! All my money will go to my kids since I’m divorced from my idiot ex. And the Court won’t allow my street dwelling 19 year daughter in Berkley and currently studying the evils of capitalism while exploring opiates to get the money until she ‘grows up’ and learns some responsibility.”
TRUE
FALSE
Correct!
Wrong!
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