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This blog is designed to post thoughts on estate planning, and probate issues affecting those in the quot;Midsouthquot; - defined by me as those in West Tennessee, and Northern Mississippi, where I practice law. Thoughts about the process asset protection planning and the psychology of why it does or doesn39;t get done, rants about people doing cheap andor stupid things that cost them or their families long term no names and ideas on how to do better.CONTENT
This web page midsouthestateplanning.blogspot.com states the following, "Friday, January 29, 2010." We saw that the webpage said " Approximately 55 percent of all adult Americans die without a will, affecting about 100 million in assets per week in U." It also said " This on average would reduce the amount to heirs by 3 million per week, assuming a three percent 3 average cost of probate. For those who dont have wills, state law determines who gets the assets. Assets owned jointly between Husband and Wife, or others when held joint tenants with right of survivorship."