What documents needed before suicide?

[kevin1192]

I want to sort out all the paper works before ctb. I have several questions:
1- should I just close all my bank account and withdraw all the cash and put them in my place?
2- do I have to write a will to make my family life easier in order to sort out the stuff that I own?
3- what else do i need to take care of in terms of legal stuff?

 

[mapletree]

I would like more information about this as well. I've seen how chaotic things can get after someone dies suddenly and I would like to not make things more complicated for anyone left behind

 

[lobster salad]

Take out money from your bank, write a will? You don't want your money to be stolen by the government do you? Give it to important people like family and friends

 

[Life_and_Death]

As wrong as I think it is (and it really is) for the most part they won't pay much attention to the will. And their reasoning "you committed suicide, you must have not been of stable mind" I could go into a whole rant about this. Stable mind or not (which for the most part I say not. One can only suffer for so long how does that make them not stable) they really should still listen to it. This is what the person "believed" they wanted for whatever reason I just don't see any reason to not listen to the will. But sadly people that aren't here doesn't understand so all they can see and comprehend is we must not be thinking clearly. Sorry I went into a bit of a rant. It just annoys me the way other people DON'T see things simply because they aren't there

 

[JustLosingMyself]

Depends, if it's to make life easier for family or whoever will have to sort it out, yes; otherwise who cares?

1/ make an inventory of your assets/debts/liabilities or possessions that have any value. What and where are they , and how much are they worth.

2/ sort out any outstanding administrative issues. Have all your tax returns filed and sorted, if possible pay all taxes due.

3/ do make a will, if only in ref to 1/ to list all your possessions. If you own nothing of value that sorts that. Only idiots fight a will in court: it only ensures the assets go to all the lawyers and legal fees.

4/ leave the bank accounts alone. Records are kept and a sudden large withdrawal before your passing will raise many unwanted questions that will have to be answered before your estate can be wound up. It's just a headache nobody needs.

 

[DyingAlf]

I agree with Xali1970, they've made a good list.
Also - about the bank accounts - you don't want to close that down because if you fail your attempt (don't underestimate SI & random things that you can't even imagine possibly happening to prevent your death) it becomes a huge hassle. &, for the same reason, - sort/tidy/pack away your things but don't get rid of absolutely everything in case you don't succeed.

 

[Wayfaerer]

Take out money from your bank, write a will? You don't want your money to be stolen by the government do you? Give it to important people like family and friends

I want to go out of the way to prevent the government stealing my property. Do I need a will for that? Any idea how much a will goes for? If I am young, should I be concerned with getting sectioned?

 

[Sinkinshyp]

I agree with Xali as well. As for myself- my younger son is set payable on death all my bank accounts. I will sign my car titles and place them in a secret spot only he knows of so other family members (my mom and bro) can't try to take them. I already have a very extensive will printed out with detailed information. My son has already been messaged the important things- like here is my accounts, pin numbers, my life insurance which is payable to him and the location of the important paperwork he will need.

 

[Deleted member 1496]

If you're in the USA:

For bank accounts, file a beneficiary form that your bank uses. I think my form wanted name, SSN, and percentage to give for each beneficiary. Sign & return. Upon your death, your beneficiaries bring in your death certificate, they get a check, done. This is the easiet way to do it: no probate court, no tax reporting (usually), no lawyers. Withdrawing now all in cash may raise suspicions and worse, when you're dead, you never know who will find your cash and steal it.

A will does make it easier for your family to divide your property as you wish, especially specifying an executor to manage the distribution. But it's not required. If there is no will, you can google how your property will be distributed. Generally, it's something like half to spouse, then remaining split evenly among children. If neither exists, then parents, then siblings. But google for your specific location. Also, a will may minimize or avoid fighting in court if you create a legal will, including signed by two witnesses or notarized, because the executor can provide the will to the court to show how you wanted distribution. And in a will, you can include a paragraph on how to distribute the residue (the remainder of any items or category of items you forgot to specifically list).

Other items:
Online accounts: you can specify what happens and/or who is allowed access to your accounts after you pass. I think each company has their own forms. Some name their forms "Inactive Account".

To minimize the family's need to search for information or documents, I'm creating a binder that contains:

• my will, my accounts, and contact information. You can attach an article about taxes since some people don't realize there can be a tax they will owe on gains/losses from the sale of property or investments. And Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania have their own state inheritance tax laws.
• filled out forms, including death certificate information, and contact information for the funeral home/cemetery.
• any other official information (e.g., social security number) or documents (e.g., car's title) that they'll need to file for benefits or property transfer.

 

[mapletree]

Oh man, I just realized what happens to the student loan money in my accounts? I think since it's government loans the debt is supposed to go away when the borrower dies but I have a feeling there could be weird surprises especially since this semesters money has been disbursed to my account already. Hmm

 

[kajag]

I want to sort out all the paper works before ctb. I have several questions:
1- should I just close all my bank account and withdraw all the cash and put them in my place?
2- do I have to write a will to make my family life easier in order to sort out the stuff that I own?
3- what else do i need to take care of in terms of legal stuff?

I would like to add will is a good option especially if you have property in your name. You can add conditions in will whatever the reason of disappearance of death may be all valuables should go to XY. Make the will with attorney and get it registered, it will cost money but is possible. I will not suggest closing bank accounts just change nominee and share the password with the person to whom you want to transfer. The person will withdraw money and account will become dead after some time because of inactivity.
It will be great if some one can tell me how to search post on specific subject (like will account key words), that will be great.

 

[JustLosingMyself]

I want to go out of the way to prevent the government stealing my property. Do I need a will for that? Any idea how much a will goes for? If I am young, should I be concerned with getting sectioned?

Governments don't steal property as a rule, at least in the West. Someone will be assigned to sort out the probate and will try to track down any relatives who will inherit. Only if none can be found will your estate go to the state. There are death duties due to the state/government, the % (from 0% upwards) depends on many things as defined in law where you live. (I don't care for an argument/discussion whether death duties are government theft or not. They're hard to avoid without serious long term planning, and trying to evade them isn't worth it)
Make a will anyway listing out the beneficiaries because the probate officer will be paid for time spent sorting everything out. Make it easy for him!
How much a will goes for depends where you live, how complex your estate is and your negotiating skills with the lawyer/notary. From €129 to several thousand. Write out what you want to happen and be very clear before you meet with any professional; they charge the hour, it's then his job to translate it to legally binding documents and make sure all provisions are legal.

The point is simple. If you own assets or anything of value, and you care about your family or how your estate is distributed, make will. Do not leave it to chance.

Oh man, I just realized what happens to the student loan money in my accounts? I think since it's government loans the debt is supposed to go away when the borrower dies but I have a feeling there could be weird surprises especially since this semesters money has been disbursed to my account already. Hmm

... estates can be refused by the beneficiaries. Happens often enough when there are no assets and nothing but debts...

 

[Wayfaerer]

@Xali1970 All I have as far as property goes is my SUV and my personal belongings. I don't own a house. Death duties? wtf that's insane and definitely theft imo.

 

[BipolarGuy]

I'm imagining assisted suicide becoming legal in the UK.

I know how the UK would handle it.

The prime minister would designate a "suicide minister".
Probably Michael Gove, who will be made out as being an "expert" on the subject.

Michael Gove would form a government department to handle "applications for end of life".
A 55 page form will need to be filled out.
The form will ask for various forms of ID, along with a copy of the energy performance certificate of your property.

Along with submitting the application, you will be asked to pay a fee of £45 "which covers the cost of the issue of a license which allows you to end your own life".

The cost will be means tested, and so if for whatever reason you can't afford the £45, you must complete another 25 page form which asks for the work history of your great grandparents.

Should you be "awarded" a "license to kill" (see what I did there), you will be put in touch with a local government approved end of life "specialist".

Except they won't be a specialist at all.
They will be somebody employed by Norse to carry out this function.

Upon finding out that the fee for a "license" is means tested, the Daily Mail will relentlessly publish stories calling those who don't pay the full fee "lazy, work shy, football hooligans".

The BBC will launch an undercover panorama investigation revealing that those who end their own lives are having their jewellery and valuables removed from their bodies following death and that the government are selling these on in order to make up for the "enormous cost of delivering this service".

As a result of the investigation, the government will immediately close 'suicide centres', until a "thorough investigation is carried out".

A vegan who hasn't washed their hair in 6.5 years will be invited on the BBC, where they call the withdrawal of a peaceful option to end life a "victory for democracy".
Upon being asked whether it should go to referendum, the vegetabalist says this would be "undemocratic".

Dianne Abbott will appear on YouTube and remark that assisted suicide is the government's "holocaust against the poor", and the real issue is that coal mines haven't been reopened.