Quote:
Originally Posted by Radii
Hm, I've not really worried about much since I'm single, no dependents, but since I have no debt and a slowly growing 401k and a healthy emergency fund I should figure out the cheapest way to legally say "my sister gets all my shit and can do whatever she wants with it." with some appropriate clause to make sure that our mom doesn't get anywhere remotely close to anything if I were to die before her.
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Specifically about 401k, life insurance, and other investment accounts, make sure your sister is listed as the beneficiary. This trumps a Will (or lack of).
About your other stuff (house, condo, car, card collection, computer games etc.), think you will need to create a Will if you want to ensure your sister gets all of that.