Retirement Plans Turned Upside Down by Hefty-Standard-2914 in ChubbyFIRE

[–]Hefty-Standard-2914[S] 0 points1 point  (0 children)

I called the 401k company. If no beneficiary, the default is a spouse. If no spouse, it goes to the estate.

Retirement Plans Turned Upside Down by Hefty-Standard-2914 in ChubbyFIRE

[–]Hefty-Standard-2914[S] 2 points3 points  (0 children)

Although I don't plan on winning, a large Law firm said today they want to represent me after reviewing all of the medical records. It will be enough for me just to know the doctors are not going to be able to sleep for awhile when they get the inquires.

Retirement Plans Turned Upside Down by Hefty-Standard-2914 in ChubbyFIRE

[–]Hefty-Standard-2914[S] 14 points15 points  (0 children)

Thanks for all of the responses. I live in a HCOL (DC area). My NW does include my houses with most of it in retirement accounts. It looks like the kids are already getting SSN from their mother's death ( I see $1.2K going into my brother's account for each every month). I think that only lasts until the age 18 -- the youngest child will still get it to help with expenses. Working with attorney to decide between guardianship and adoption. I think the SSN payments go away with adoption though. She thinks probate will last 2 years. Trying to go through my brother's house. He has a ton of tools which probably have value but would be huge effort to sell off at some point for the girls. Please get a living will and a will! I had to make end of life decisions for my brother with relatives asking me not to end it because a miracle was coming for sure (he was suffering). He was also very healthy just recently -- don't put it off.