Did you ever imagine to whom your money would go to if you’re dead? Some people think that the relationship between death and economy is something to think about when you’re old. However, some real-life stories show us that we should be having this internal conversation right now. It does not matter how old you are. Besides, you can always change the way you think about the people who will inherit your stuff.
If you’re not sure about how to address this, we have a story for you. A woman died and three different charity institutions reclaimed her money. However, the woman was married and her partner’s daughter says that she is being ostracized when it comes to the will.
A story that will make you think twice about considering death and economy
Jill Morris and Joan Anderson met decades in New York City and were romantically involved for almost 20 years. Ms. Morris died in 2016, at age 84, after suffering for years from cancer. Only twelve days later, Ms. Anderson, 76 years old, died of a stroke. Joan’s daughter, Emlie, the loss of both women was very hard to cope with. She lost her mother and her mother’s partners in a very short period of time. No one should go through that.
As we previously mentioned, death and economy have a strict relationship. When someone dies, there is the inevitable responsibility of distributing the dead person’s money and belongings. When it comes to Emlie Anderson, she had to go through an estate battle that has pitted Ms. Anderson against three nonprofit organizations that argue that Ms. Morris’s estate, her mom’s partner, valued at about $9 million, should go to them.
The story is longer than we can tell in a small article, but you can get details by reading the original report at the New York Times. What you should be aware of is that, when writing a will, be clear and specific. Besides that, let the ones you love know how they should proceed in case of your death. Not thinking about how your absence may impact other lives may bring big troubles that your family and friends will not know how to deal with.
That being said, considering the impacts of death and economy is an act of care. We know that thinking about your own death can be devastating and scaring, but do not let thinking overcome your love. Thinking ahead can save your family time and effort. Besides the grief of losing you, save them from the sadness of disputing what you surely left for them.