pennywise

ASK THE RETIREMENT CONCIERGE: CAN YOU CHANGE YOUR WILL YOURSELF?

 

By Sharon Ann Hamilton

Dear Retirement Concierge,

I am retired and fortunately have adequate resources. I just don’t believe in spending money if I don’t have to and it is not hard because I have chosen to live a simple life for many years now. I do have my estate documents in order: trust, will, health care directive, and power of attorney for financial matters should I be unable to act for myself. Here is the situation: I want to make a couple of small changes in beneficiary recipients. Someone told me I could just handwrite a codicil and put in in my trust documents. Is that true? Attorneys are pricy these days and if I can do it myself without risk, I will.


Error message

Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.