Wow! Hubby and I have been reviewing our will, which was carefully drawn up in 2005. Evidently I had questions, because it has never been fully executed. Sooo the good news is that I worked with a lawyer, and drew up a will. The bad news is that I still haven't signed it! (is anyone smiling yet?) Sure hope the rest of you don't do things this way. I have the ability to over-think things to the point that they don't get done at all. Lots of things in my life are 99% complete. They are "perfectly incomplete," though. You have to give me credit for that! (lol) Well, thankfully, we haven't needed our wills. I will make an appointment with Patrick Conlin soon! Next time you see me ask if I kept this promise.
Did you know this? The other thing I discovered today, and want to share with you, is regarding social security. Here is how it works: The Social Security Administration allows seniors who have started taking their monthly benefit to stop their benefits and start again later. You simply repay the full amount in benefits received to date with NO interest, then you "re-start" your benefit at a later date (and probably a higher amount) as though you had deferred taking their benefits in the first place! For example ... if you began receiving benefits at age 62, but then changed your mind and wanted to wait until age 70 to begin collecting benefits. Using this strategy, you could increase your Social Security payments by more than 70%! This comes from a good source, so I take it to be true. If it applies to you, or your loved ones check it out. I'm definitely passing this on to one friend in particular, who has waited until age 70.
Hope your day is going well. I need to be out of the house early tomorrow for a Foreclosure Sales class in Troy.
Cheers!
Shari Roberts-Osojnak, Assoc. Broker * REAL ESTATE ONE * Chelsea/Dexter/Scio/Ann Arbor, MI * 734 475-3200
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