🚫Funeral arrangements and organ donation should not be included in a will.
💼Designating who gets your IRA or retirement account should be done outside of a will.
💡Decisions about life support machines should be documented in a living will, not a will.
🏡Assets held in trusts should be distributed according to the terms of the trust, not the will.
💰Life insurance and annuities have designated beneficiaries and are not controlled by the will.
Can funeral arrangements be included in a will?
—No, it is recommended to document funeral arrangements separately from a will.
Should I include my organ donation preferences in my will?
—No, organ donation preferences should be communicated through a separate document or designated online.
Can I designate who gets my IRA or retirement account in my will?
—No, the beneficiary designation form for the account should be used for that purpose.
Can I specify my life support machine decisions in my will?
—No, those decisions should be documented in a living will or healthcare directive.
Can assets held in trusts be distributed according to the will?
—No, trust assets are distributed according to the terms of the trust, not the will.
00:00Introduction by estate planning attorney Paul Rabaly
00:07Eight items that should not be included in a will
00:40Funeral arrangements and organ donation
04:49Designating beneficiaries for IRAs and retirement accounts
05:46Life support machine decisions
06:52Assets held in trusts
09:44Reasons for leaving specific bequests
11:13Life insurance and annuities
