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Based on the most helpful WSO content, it's important to have a will and other related documents like a Power of Attorney (POA), Health Care POA (HCPOA), and a living will. These documents should be reviewed every 1-2 years or after significant life events such as death, divorce, or marriage in your immediate family. This ensures that your assets are distributed according to your wishes and that your loved ones are protected.
Sources: The Last "what should I do with my money?" Thread (hopefully), To everyone who left BB S&T: Where are you now?, Would you give up your last name to inherit a business empire?, Would you give up your last name to inherit a business empire?, Multimillionaire and retired by 30 Q&A
No. I went the golden path (Eton/Andover/Exeter —> HYPW —> GS/MS —> BX/KKR/APO) and won’t go down so easy.
I have a written piece of paper giving all my assets to my mom and dad 50/50 as long as they do not attempt to access my internet history. Idk if that’ll hold up
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