Show Babson's Authentic c Statement l By Roger W. W Babson It is the personal duty of every adult man and woman to make a will Most 1 people realize this basically and yet et yetI etI I am constantly surprised by bythe bythe bythe the number of intelligent folk who just dont don't get around to it it Nobody likes to think think- about death and still one cannot cannot cannot can can- not look at the dail daily newspapers newspapers newspapers pers without realizing how many reach an untimely end through automobile smashups and other hazards of tion You may live to a very ripe old age but you might die tomorrow Let me tell you why I think it is import all ant to protect your our estate by bya a will whatever your our age SELECT YOUR OWN EXECUTOR A will gives you the opportunity opportunity tunit of choosing in advance a friendly executor rather than having some judge appoint appoint appoint ap ap- ap- ap point an acquaintance of his with whom you might not be satisfied J If you ou die intestate and the court has to disburse your estate it can run up a alot alot alot lot of costs including the necessity for a bond Most 1 of these costs can be avoided by making your our will and appointing appointing appointing appoint appoint- ing your own executor Under some circumstances your our executor executor ex ex- can give your beneficiaries benefic benetic- beneficiaries I securities or property properly at a fair value instead of cash Your own executor also can use discretionary powers that a court appointee would not possess He lie can for example example ex ex- ample decide what property to sell and follow out the di directions directions directions di- di in your our will as to the disposition of certain articles of clothing furniture etc to definite friends or relatives He can do the things that you want done in the way that you ou would do them yourself without without with with- I out litigation fears Your estate estate es es- es tate ma may be saved thousands of dollars because your our executor executor exec exec- can be given time through your will to use his best judgment judgment judgment judg judg- ment and consult with other people and thus avoid liquidating liquidating liquidating dating your our assets hurriedly or during a time of depression depres depres- sion WILLS PERMIT SPECIAL PROVISIONS Only through a will can you arrange to leave money in trust so that the bereaved can have the full income for life liCe and then have the principal go to the children or other chosen people You can if H you oU wish distribute your our property in unequal amounts among your heirs where the need of some may be greater than that of others It should be clearly recognized too that it could take two years or more for a court appointed executor to settle your affairs and your heirs might have little or nothing to live on during during dur duro ing this period An executor can be authorized authorized authorized author author- in your our will to disburse a certain amount each month to your wife for instance pending final settlement This can be increased if there is illness or unexpected trouble Changes in your our will can be made by you at any time b by adding proper codicils which your lawyer will advise you ou on Most people have favorite churches and charities that they intend to remember but these organizations will receive receive receive re re- re- re nothing unless there is isa isa isa a w will ll Every man and woman woman woman wom wom- an should leave something to his or her church especially all since religion is still the only hope lope hope for or our unsettled and disturbed disturbed disturbed dis dis- world Practically everything everything everything ev ev- of value that we have democracy schools hospitals hospitals hospitals hospi hospi- personal freedom we owe to the work of the church So dont don't forget your church in your will REPUTABLE LE LAWYER IMPORTANT Il I urge you not to try to tomake tomake tomake make your your- own will to save a afew afew afew few dollars Find a reputable lawyer give him a complete list of the gifts you want to tomake tomake tomake make and designate whom you OU want for an executor Any good lawyer lawer he should be a resident of your state w will Il b bable be beable beable able to put your our wishes into clear legal shape He will tell tel you to have the will signed by three witnesses who watch you affix your signature preferably witnesses should no not include those mentioned in th the document He lie w will ll explain an my any technicalities to you particularly particularly as to the laws in your you state It is a good idea to have a aleast at least three carbon copies o of your our will so that your suggested suggest suggest- ed executor can familiarize himself with your intentions One can be put in your our safe deposit box for your our own personal personal personal per per- reference and one can remain with your our lawyer Th The original should be left with your our bank and a receipt there there- for obtained Even if you have hav not vcr very much mone money at thi this time lime you should make a will It will turn out to be a afine afine fine investment for you |