The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1942-08-28
BY Roger W. 5sbson

Babson Park. Mass, Aug. Is -
Whatever happens to our physical
bodies. our property goes on just
the same When We make" OF
save" money we are taking on a
responsibility which we cannot
shake II we inherit or put our say,
ings into land. 1t can never be de
stroyed. II we put them into good
buildings or securities they will
long outlive us.
This land, these buildings and
these securities are going TO be a
source OF good or evil throughout
the ages. Even IL our heirs lose
their money, the money is not
lost" II is represented by pro
perty which somebody has and
which someone may always have
Yet We alone are largely respon'
sible for how IL is used during the
ages ahead.
Everyone Should Make a viii
Hence, ii is OF great Importance
that every reader make a will. One
OF the most painful things to me is
10 see man work, scrape and
save throughout his lifetime and
yet give little thought to how his
money will be used after he goes.
Yet the after" portion OF time is
far more important than the years
lived. The accumulation period OF
mans lie is short; but the dis.
tributlon period extends almost
forever.
This will determines how your
estate is to be used during these
ages ahead Shall it be used con,
strnctively or destructively? Shall
il make those who inherit II. better
or worse? Who shall control it,
These are vital questions: the fu.
ture OF hundr eds OF benefciaries
and descendants is intimately az
fected by the answers.
Get Family Approval
Only a coward or lazy person re-
fuses to make will and keep it re.
vised from time to time. Only a
very selfish person refuses to take
time TO think ont how his will
should be written, who should be
remembered and TO what extent.
Then you should decide to whom
and what portion you should give
outright and what portion you
should leave in trust. God holds
you alone responsible for your
decisions.
Before going to the lawyers to
draw your will-talk your plans
over with your family and get
their approval. When alive you can
perhaps make them do as you want
them to; but after you go they will
be free to do as they wish. Hence
the only safe way to have your real
wishes carried out is to convince
your family OF your wishes in ad
vance.
Select Your Executor
Some people have the idea that II
there is no will mans estate need
not be administered. This Is no,
so. Without will the law will
divide; but the law cannot provide
for charities or lifelong friends
whom you might wish to remem
Der. Even though you might divide
your estate in the same manner as
the law would today. tomorrow the
legislature may change that Law.
Without a will. the court will ap
point someone 10 act as administra
tor,-perhaps someone you do not
like. Through will you can
name an executor OF your own
choosing, and a guardian for your
minor children. You can exempt
both from furnishing surety com.
pany bonds, thereby saving expense
TO your estate. In short, you have
the privilege OF making your own
plan and choosing the man To carry
IL out
Talk With Lawyer
Your will is the most important
document you can ever write: but
homemade will is the most ex-
pensive one. Therefore, go to a
good lawyer Tell him Of whom
your FAMILY consists ana their ages,
OF any special circumstance such
as sickness or other incapscity OF
any OF them. This is important be-
cause, in some states, wives or hus-
bands have certain statutory rights
which must b. provided for. while
in other states, failure TO mention
certain relatives may invalidste
the will.
1t is essential that the person
drawing your will know the size Of
your estate, where IL is situated
an accurate description OF the pro-
perty and in whose name 1t stands.
whether 1t is encountered by mort
gage or otherwise, and whether in.
vestments and bank accounts are
in single or joint names Remem-
Der, joint property Is not a reason