1 00:00:00,280 --> 00:00:02,920 Speaker 1: Brought to you by the reinvented two thousand twelve Camray. 2 00:00:03,160 --> 00:00:07,560 Speaker 1: It's ready. Are you welcome to Stuff you should know 3 00:00:08,160 --> 00:00:16,400 Speaker 1: from House Stuff Works dot Com. Hey, and welcome to 4 00:00:16,440 --> 00:00:19,040 Speaker 1: the podcast. I'm Josh Clark with me as always this 5 00:00:19,200 --> 00:00:25,599 Speaker 1: Charles W. Chuck Chucker, Chuck Tran Bryant Chuck trans so 6 00:00:25,640 --> 00:00:28,160 Speaker 1: weird to me. I don't get it. Yeah, I have 7 00:00:28,200 --> 00:00:30,760 Speaker 1: no recollection of where that came from. Are no? Wait, 8 00:00:30,840 --> 00:00:32,839 Speaker 1: it was from a show though. Yeah, you didn't just 9 00:00:32,880 --> 00:00:34,959 Speaker 1: make that up, not just now, No, it was there 10 00:00:35,000 --> 00:00:37,160 Speaker 1: was It was in relation to something we were talking 11 00:00:37,200 --> 00:00:40,800 Speaker 1: about at the time and someone it made sense once, okay, um, 12 00:00:41,080 --> 00:00:42,760 Speaker 1: I was on our Facebook page. I was looking for 13 00:00:42,840 --> 00:00:45,200 Speaker 1: discussions like sometimes I like to go on and read 14 00:00:45,280 --> 00:00:48,400 Speaker 1: like what's your favorite line? Did you ever? Have you 15 00:00:48,400 --> 00:00:51,640 Speaker 1: ever read this? Just like a trip down memory lane? 16 00:00:51,680 --> 00:00:54,560 Speaker 1: Really yeah, there's like whole discussion threats. There's like forty 17 00:00:54,600 --> 00:00:57,560 Speaker 1: different threads people have created, But there was one that 18 00:00:57,680 --> 00:01:00,040 Speaker 1: was like, what's what's your favorite stuff? You should no 19 00:01:00,160 --> 00:01:02,160 Speaker 1: line of all time? And I can't I can't find 20 00:01:02,160 --> 00:01:04,360 Speaker 1: that thread any longer. That's a good one. Did you 21 00:01:04,560 --> 00:01:06,040 Speaker 1: go through and count on how many you had and 22 00:01:06,040 --> 00:01:08,559 Speaker 1: how many I had. I did not count. I kept 23 00:01:08,560 --> 00:01:11,120 Speaker 1: a running tally, but I didn't count just mentally. I 24 00:01:11,160 --> 00:01:14,840 Speaker 1: didn't write anything down as it as it were. Chuck. Yes, 25 00:01:15,200 --> 00:01:19,520 Speaker 1: nineteen seventy nine was a pretty good year for movies. Yeah, sure, 26 00:01:19,640 --> 00:01:23,959 Speaker 1: allow me. That year the Muppet movie came out. Creamer 27 00:01:24,080 --> 00:01:27,040 Speaker 1: Versus Kramer was number one at the box office. One 28 00:01:27,040 --> 00:01:31,000 Speaker 1: of my personal favorites Amityville Horror, the first one, the 29 00:01:31,080 --> 00:01:35,600 Speaker 1: nineteen nine one. Um, what do you Allen's Manhattan The Jerk. 30 00:01:35,720 --> 00:01:38,680 Speaker 1: That's my favorite all time movie. Manhattan is I've not 31 00:01:38,720 --> 00:01:42,600 Speaker 1: seen it? What I have not? Okay, the Jerk is awesome? 32 00:01:43,560 --> 00:01:45,760 Speaker 1: Oh wait, the Jerk or Manhattan? I said Manhattan? You 33 00:01:45,760 --> 00:01:47,840 Speaker 1: said U huh yeah, Manhattan. I was just I was 34 00:01:47,920 --> 00:01:52,360 Speaker 1: changing the subject, Okay, all right. I like The Jerk, Alien, 35 00:01:52,840 --> 00:01:56,520 Speaker 1: Rocky two, Alien so far ahead of its time, Moonraker 36 00:01:57,320 --> 00:02:01,120 Speaker 1: so behind the times. But none of these held a 37 00:02:01,200 --> 00:02:06,000 Speaker 1: candle too in my opinion. Overlooked movie by director Michael 38 00:02:06,000 --> 00:02:11,120 Speaker 1: Schultz a classic called Scavenger Hunt. Really have you ever 39 00:02:11,120 --> 00:02:14,400 Speaker 1: seen it? No? You've not seen Scavenger Hunt? Uh? No? 40 00:02:14,680 --> 00:02:16,519 Speaker 1: Was it kind of a riff on? It's a mad, mad, 41 00:02:16,560 --> 00:02:20,920 Speaker 1: mad mad world. I can see how some maybe some 42 00:02:21,160 --> 00:02:27,800 Speaker 1: uh elitists might make that distinction or that that um comparison. UM. 43 00:02:28,160 --> 00:02:31,920 Speaker 1: I personally think that it's a great movie and it's 44 00:02:32,040 --> 00:02:35,720 Speaker 1: about Vincent Price. While it begins Vincent Price, is this 45 00:02:36,120 --> 00:02:40,680 Speaker 1: aged video game magnet? Was he ever young? No? He 46 00:02:40,800 --> 00:02:45,079 Speaker 1: was born like Golden Gray. Yeah, and suave, though he 47 00:02:45,200 --> 00:02:48,200 Speaker 1: was much more suave than he led on UM. He 48 00:02:48,320 --> 00:02:51,080 Speaker 1: is dying and he actually does die playing one of 49 00:02:51,120 --> 00:02:54,359 Speaker 1: his video games, and then you cut to the his 50 00:02:54,360 --> 00:02:57,920 Speaker 1: his former home, and his lawyer is executing his will, 51 00:02:58,520 --> 00:03:01,800 Speaker 1: which his stated worth two million dollars. And it turns 52 00:03:01,800 --> 00:03:04,800 Speaker 1: out we learned very quickly as all the characters assemble 53 00:03:05,200 --> 00:03:07,840 Speaker 1: that the whole thing is up for grabs, just single 54 00:03:07,960 --> 00:03:11,880 Speaker 1: team who go on a scavenger hunt. Did you really 55 00:03:11,880 --> 00:03:13,440 Speaker 1: see this or is this just I grew up on 56 00:03:13,480 --> 00:03:16,360 Speaker 1: this one? Okay, Yeah, that's a great movie. Have you 57 00:03:16,560 --> 00:03:18,359 Speaker 1: really not seen it? No, I've never heard of it. 58 00:03:18,440 --> 00:03:20,520 Speaker 1: I strongly recommend it, and I found it just to 59 00:03:20,520 --> 00:03:22,480 Speaker 1: get myself in the mood. I found it on YouTube 60 00:03:22,480 --> 00:03:25,600 Speaker 1: in parts I think eleven parts, like ten minutes segments. 61 00:03:25,680 --> 00:03:29,320 Speaker 1: So if you're a very cheap person um or can't 62 00:03:29,320 --> 00:03:32,359 Speaker 1: find it it's up on YouTube. Sweet. I think if 63 00:03:32,360 --> 00:03:37,760 Speaker 1: you search um Scavenger Hunt and then in parentheses it'll 64 00:03:37,800 --> 00:03:41,240 Speaker 1: it'll bring it up awesome. So the whole point of 65 00:03:41,280 --> 00:03:44,120 Speaker 1: that was that number one, Scavenger Hunt is a good movie, 66 00:03:44,720 --> 00:03:47,800 Speaker 1: and number two people do some wacky things with wills. 67 00:03:47,840 --> 00:03:50,920 Speaker 1: That scenario wasn't that far off from things that people 68 00:03:50,960 --> 00:03:53,880 Speaker 1: have done with their wills. We're talking about will's chuck, 69 00:03:54,400 --> 00:03:59,640 Speaker 1: let's get ready to talk about contract law. And now 70 00:03:59,680 --> 00:04:01,960 Speaker 1: this is one of the first articles I wrote, and 71 00:04:02,040 --> 00:04:03,800 Speaker 1: it was a little rigid, but there's not a lot 72 00:04:03,840 --> 00:04:05,120 Speaker 1: you can do. I mean, try to make it a 73 00:04:05,160 --> 00:04:07,360 Speaker 1: little fun at the end. But I was fully planning 74 00:04:07,360 --> 00:04:09,480 Speaker 1: on complimenting you on this article. It's a good article. 75 00:04:09,480 --> 00:04:11,800 Speaker 1: It's comprehensive, it's got everything you need. I mean, you 76 00:04:11,800 --> 00:04:13,800 Speaker 1: don't get into like any of the legal momo jumbo, 77 00:04:13,920 --> 00:04:15,840 Speaker 1: but that's not the role of the site. And you 78 00:04:15,880 --> 00:04:17,279 Speaker 1: know what, let's just go ahead and say, I'm glad 79 00:04:17,279 --> 00:04:19,080 Speaker 1: you brought that up. We are not attorneys. You should 80 00:04:19,080 --> 00:04:21,839 Speaker 1: not take this podcast and base your will and life 81 00:04:21,880 --> 00:04:26,080 Speaker 1: on Please do not do that. No, but that being said, 82 00:04:26,520 --> 00:04:28,800 Speaker 1: you can get um all the documents you need to 83 00:04:28,839 --> 00:04:31,640 Speaker 1: create your own will for six dollars and cents at Staples. 84 00:04:31,880 --> 00:04:36,560 Speaker 1: Really huh, yeah, they have everything. Well, that brings up 85 00:04:36,560 --> 00:04:39,039 Speaker 1: one of the first points, which is a will isn't 86 00:04:39,080 --> 00:04:43,040 Speaker 1: super complicated to draw up. Um, and it varies from 87 00:04:43,080 --> 00:04:45,280 Speaker 1: state to state, so you can do it yourself, but 88 00:04:45,480 --> 00:04:48,479 Speaker 1: you should get an attorney to look over things. But 89 00:04:48,560 --> 00:04:50,200 Speaker 1: if you want to save a few bucks, you can 90 00:04:50,240 --> 00:04:52,800 Speaker 1: always go to Staples. Well, well we should probably say 91 00:04:52,800 --> 00:04:55,120 Speaker 1: that again and again through this this podcast, as you 92 00:04:55,120 --> 00:04:57,719 Speaker 1: did again and again through this article, Like really, you 93 00:04:57,720 --> 00:05:00,200 Speaker 1: should have at the very least an attorney. Look, get 94 00:05:00,200 --> 00:05:03,120 Speaker 1: your will if you're gonna do it yourself, right, Um, 95 00:05:03,240 --> 00:05:05,640 Speaker 1: let's talk about some of the specifics. Man, if if 96 00:05:05,720 --> 00:05:10,080 Speaker 1: you are um, if you have ten minutes to write 97 00:05:10,080 --> 00:05:12,159 Speaker 1: this thing a piece of paper and a pen, what 98 00:05:12,279 --> 00:05:14,159 Speaker 1: are the high points that you want to hit to 99 00:05:14,320 --> 00:05:17,320 Speaker 1: make your will as close to legal as possible? And 100 00:05:17,360 --> 00:05:20,760 Speaker 1: by the way, state law governs wills, right, yeah, And 101 00:05:20,920 --> 00:05:23,400 Speaker 1: you always got to check with your state and if 102 00:05:23,400 --> 00:05:24,719 Speaker 1: you if you want to call it up and be 103 00:05:24,760 --> 00:05:26,920 Speaker 1: like state, I got some questions for you. And if 104 00:05:26,960 --> 00:05:28,479 Speaker 1: you have a will in one state and you move 105 00:05:28,800 --> 00:05:31,160 Speaker 1: it'll it'll still be valid. But you still should check 106 00:05:31,279 --> 00:05:33,920 Speaker 1: your state's laws and stuff like that, right, because is 107 00:05:33,960 --> 00:05:36,239 Speaker 1: it the state you die in? That is the state 108 00:05:36,279 --> 00:05:39,720 Speaker 1: that you execute your your will is executed, Inez, because 109 00:05:39,720 --> 00:05:41,520 Speaker 1: it seems like if you were going to move, it 110 00:05:41,560 --> 00:05:44,200 Speaker 1: would seem like that's the way it would go. I guess. So. 111 00:05:44,279 --> 00:05:46,320 Speaker 1: But what if you you die on vacation in Hawaii? 112 00:05:46,400 --> 00:05:49,120 Speaker 1: Is your will wouldn't be based on I think it. 113 00:05:49,240 --> 00:05:51,080 Speaker 1: I think it's pertains to the state in which it 114 00:05:51,240 --> 00:05:57,200 Speaker 1: was drafted and approved. Check with your lawyer, check, or 115 00:05:57,200 --> 00:05:58,960 Speaker 1: at least call the state. I don't think you'd stop 116 00:05:59,000 --> 00:06:01,040 Speaker 1: me so early. Sorry, all right, So what you want 117 00:06:01,040 --> 00:06:03,120 Speaker 1: to have, at the very bare minimum is your name, 118 00:06:03,720 --> 00:06:06,640 Speaker 1: your spouse's name if you have one, and when you 119 00:06:06,640 --> 00:06:09,680 Speaker 1: were married. Yeah, your your children's names so they can 120 00:06:09,720 --> 00:06:12,200 Speaker 1: make sure they're not confusing you or your other spouse 121 00:06:12,240 --> 00:06:14,720 Speaker 1: with your spouse in the will. That's right, Um, your 122 00:06:14,760 --> 00:06:16,800 Speaker 1: children's names. And I love this part. How you want 123 00:06:16,800 --> 00:06:19,600 Speaker 1: any step children or false foster children to be treated? 124 00:06:19,760 --> 00:06:22,400 Speaker 1: You could be like, well, yeah, please treat them well. 125 00:06:23,080 --> 00:06:26,800 Speaker 1: Um a statement provoking any other wills if you have one, Um, 126 00:06:26,839 --> 00:06:29,599 Speaker 1: you gotta name your executor and an alternate. You should 127 00:06:29,680 --> 00:06:32,320 Speaker 1: name an alternate list of powers that you want that 128 00:06:32,400 --> 00:06:38,240 Speaker 1: executor to have special gifts, personal property and uh. Instructions 129 00:06:38,279 --> 00:06:42,160 Speaker 1: for distributing paying debts. There are actually you know, you 130 00:06:42,200 --> 00:06:44,039 Speaker 1: can't decide whether or not you want to pay your debts, 131 00:06:44,080 --> 00:06:46,640 Speaker 1: but after debt has been paid, how you want your 132 00:06:46,800 --> 00:06:50,000 Speaker 1: stuff to be doled out? So I'm officially founding a 133 00:06:50,080 --> 00:06:54,400 Speaker 1: movement that if you're debtors can't get the money they 134 00:06:54,440 --> 00:06:57,800 Speaker 1: need out of you while you're alive. That's that. Yeah, 135 00:06:57,839 --> 00:06:59,560 Speaker 1: didn't you look that up? What's the what's the law 136 00:07:00,480 --> 00:07:06,200 Speaker 1: for it? Varies by state again, um, but generally, if 137 00:07:06,680 --> 00:07:09,440 Speaker 1: you have enough money to pay, say like a credit 138 00:07:09,440 --> 00:07:12,280 Speaker 1: card debt, you have to pay that credit card debt. 139 00:07:12,560 --> 00:07:15,920 Speaker 1: But there there are, um, there are onuses on credit 140 00:07:15,960 --> 00:07:19,440 Speaker 1: card companies, like they have to notify your executor um 141 00:07:19,520 --> 00:07:22,480 Speaker 1: within like sixty days or something of this outstanding debt 142 00:07:23,320 --> 00:07:26,880 Speaker 1: UM and if it turns out that there's not enough money, 143 00:07:27,320 --> 00:07:30,520 Speaker 1: then you can basically say like, sorry, that's that, and 144 00:07:30,560 --> 00:07:33,600 Speaker 1: the credit card company has to write it off and 145 00:07:33,600 --> 00:07:36,760 Speaker 1: then we all pay for it with our outrageous financing fees. 146 00:07:37,680 --> 00:07:41,520 Speaker 1: In the end um burial instructions, you can sometimes put 147 00:07:41,560 --> 00:07:44,800 Speaker 1: it in a will, but you should burial. I just 148 00:07:44,840 --> 00:07:48,560 Speaker 1: got pick tongue tonight burial, and you probably want those 149 00:07:48,560 --> 00:07:51,800 Speaker 1: somewhere else though, because sometimes the will isn't like immediately accessible. 150 00:07:51,880 --> 00:07:53,720 Speaker 1: If you've got it locked in a safe in your family, 151 00:07:53,880 --> 00:07:56,840 Speaker 1: there's another combination. They're gonna theyre's gonna leave you laying 152 00:07:56,880 --> 00:07:59,520 Speaker 1: around on the floor of the kitchen for days. You 153 00:07:59,560 --> 00:08:01,960 Speaker 1: don't need to sweat your pension plan or life insurance 154 00:08:02,040 --> 00:08:04,840 Speaker 1: or annuity stuff like that because that's all taken care 155 00:08:04,880 --> 00:08:07,720 Speaker 1: of they the beneficiary or in those documents, so that 156 00:08:07,840 --> 00:08:09,400 Speaker 1: need to be in your will, right, and it can 157 00:08:09,440 --> 00:08:11,960 Speaker 1: actually screw things up right or not screw things up. 158 00:08:12,000 --> 00:08:14,600 Speaker 1: It can slow things down because you can say I 159 00:08:15,240 --> 00:08:18,160 Speaker 1: want this, you know, my life insurance policy to go 160 00:08:18,240 --> 00:08:21,360 Speaker 1: to my estate and then divvy it up. But that 161 00:08:21,480 --> 00:08:25,360 Speaker 1: just adds a lot more time to the process. Correct. Absolutely, Um, 162 00:08:25,400 --> 00:08:27,240 Speaker 1: you should probably in most states have to be at 163 00:08:27,320 --> 00:08:29,720 Speaker 1: least eighteen years old to have a legal will, and 164 00:08:29,840 --> 00:08:31,800 Speaker 1: you have to everyone knows you have to be of 165 00:08:31,880 --> 00:08:35,720 Speaker 1: sound mind and body, or I think it's just sound mind, yeah, 166 00:08:35,800 --> 00:08:37,760 Speaker 1: because I mean, what does your body of do with 167 00:08:37,800 --> 00:08:39,520 Speaker 1: As long as you can like make an X or 168 00:08:39,640 --> 00:08:42,439 Speaker 1: you know, draw a whale like quick wag, you're fine. 169 00:08:43,920 --> 00:08:47,440 Speaker 1: So what does uh, what does that mean legally speaking? Mentally? Um? 170 00:08:47,600 --> 00:08:49,920 Speaker 1: Sound Well, I'm glad that you brought that up, or 171 00:08:49,920 --> 00:08:52,000 Speaker 1: I'm glad that you put this in the article, because 172 00:08:52,000 --> 00:08:54,920 Speaker 1: I think it's a good idea. Basically, you have to 173 00:08:55,080 --> 00:08:59,840 Speaker 1: know that you own property. You have to know about it. Right. 174 00:09:00,000 --> 00:09:01,600 Speaker 1: If you don't know that you have like a hundred 175 00:09:01,640 --> 00:09:03,840 Speaker 1: acres in Montana, then you're not probably a sound mind. 176 00:09:04,400 --> 00:09:06,520 Speaker 1: Or you did at one time know that you had 177 00:09:06,559 --> 00:09:09,760 Speaker 1: it and just don't remember any longer, that that could 178 00:09:09,800 --> 00:09:12,600 Speaker 1: be a problem as well. If you're not it is 179 00:09:13,400 --> 00:09:16,160 Speaker 1: it's it's kind of said to not be of sound mind, um, 180 00:09:16,200 --> 00:09:19,080 Speaker 1: if you're not suffering from a mental illness, which I 181 00:09:19,080 --> 00:09:21,880 Speaker 1: remember I saw a remake of Psycho which wasn't Psycho 182 00:09:21,960 --> 00:09:23,719 Speaker 1: to It was made for TV and it was kind 183 00:09:23,720 --> 00:09:28,480 Speaker 1: of a spoof comedy and the thing starts with the 184 00:09:28,559 --> 00:09:31,480 Speaker 1: execution of Norman Bates will and it gets to the 185 00:09:31,480 --> 00:09:34,160 Speaker 1: point where it says, I Norman Bates being of sound mind, 186 00:09:34,200 --> 00:09:37,680 Speaker 1: and everybody in the rooms like. But it kind of 187 00:09:37,720 --> 00:09:39,480 Speaker 1: brings up a point like what do you do if 188 00:09:39,520 --> 00:09:42,120 Speaker 1: you are mentally ill and you have a bunch of assets, 189 00:09:42,240 --> 00:09:44,320 Speaker 1: and you've never created a will and you want to 190 00:09:44,320 --> 00:09:47,800 Speaker 1: create when you just do you die Intestine. That's a 191 00:09:47,800 --> 00:09:51,120 Speaker 1: good question into state. I do know that. Uh. If 192 00:09:51,200 --> 00:09:55,720 Speaker 1: you become mentally ill later on, then it doesn't matter 193 00:09:55,840 --> 00:09:57,280 Speaker 1: as long as you were of sound mind when you 194 00:09:57,480 --> 00:10:01,360 Speaker 1: first wrote the will, right, okay, Um. You also need 195 00:10:01,400 --> 00:10:04,840 Speaker 1: to be aware of the people who are related to you. Again, 196 00:10:04,880 --> 00:10:07,920 Speaker 1: like not like you fathered a kid back in nineteen 197 00:10:08,000 --> 00:10:10,400 Speaker 1: sixty two that you didn't know about. That's not what 198 00:10:10,440 --> 00:10:12,560 Speaker 1: they're talking about. They're talking about the kid that you 199 00:10:12,559 --> 00:10:15,199 Speaker 1: had in nineteen sixty two and raised into an adulthood 200 00:10:15,480 --> 00:10:19,600 Speaker 1: is still recognizable to you. And also you generally probably 201 00:10:19,600 --> 00:10:22,160 Speaker 1: shouldn't hold conversations with lack of cons that tell you 202 00:10:22,200 --> 00:10:25,560 Speaker 1: to burn things. That's usually a big red flag that 203 00:10:25,600 --> 00:10:28,640 Speaker 1: you might not be a sound mine. That's right, so Chuck, 204 00:10:28,679 --> 00:10:32,640 Speaker 1: that's sound mine. Um. And let's say you've got that 205 00:10:32,800 --> 00:10:35,520 Speaker 1: check check check. You know about your Lana Montana, you 206 00:10:35,520 --> 00:10:38,840 Speaker 1: know your kid's name. Um, you you don't suffer from 207 00:10:38,880 --> 00:10:43,520 Speaker 1: mental illness, and you are ready to create your will? 208 00:10:43,400 --> 00:10:48,240 Speaker 1: All right? Boom the executor. Yes, that is the most 209 00:10:48,280 --> 00:10:51,000 Speaker 1: important person in your will, because that is the person 210 00:10:51,520 --> 00:10:54,840 Speaker 1: that is gonna make an inventory of all your junk. Um, 211 00:10:54,880 --> 00:10:57,920 Speaker 1: they're gonna pay your debts. They're legitimate debts. That is 212 00:10:58,000 --> 00:11:00,240 Speaker 1: not Vinny who comes over and say zo he met, 213 00:11:02,320 --> 00:11:04,480 Speaker 1: although you may want to pay that too if you're smart. 214 00:11:05,240 --> 00:11:08,760 Speaker 1: Um distributes the assets under the terms of the will. 215 00:11:08,880 --> 00:11:10,880 Speaker 1: So it can be anybody, but you want it to 216 00:11:10,920 --> 00:11:15,080 Speaker 1: be someone you really really trust, someone who's probably pretty smart, 217 00:11:15,880 --> 00:11:19,640 Speaker 1: maybe has a little business experience, and someone who is 218 00:11:20,760 --> 00:11:24,800 Speaker 1: thoughtful because you can get ugly. You want someone this 219 00:11:24,880 --> 00:11:28,280 Speaker 1: is a tough time for a family usually, and you 220 00:11:28,280 --> 00:11:31,160 Speaker 1: want someone that's got some a good bedside manner if 221 00:11:31,520 --> 00:11:34,319 Speaker 1: they're going to execute your will, not some jerk. Right. 222 00:11:34,440 --> 00:11:36,559 Speaker 1: You also want somebody who has a lot of time 223 00:11:36,679 --> 00:11:39,400 Speaker 1: to go to your house and inventory stuff. I remember 224 00:11:39,400 --> 00:11:41,880 Speaker 1: when I found out my sister is my dad's executive 225 00:11:41,880 --> 00:11:44,760 Speaker 1: tricks um, and I was like, what about me? And 226 00:11:45,120 --> 00:11:50,000 Speaker 1: I've read about Okay, you're just like cut me the check. Yeah. 227 00:11:50,080 --> 00:11:52,160 Speaker 1: I actually think my dad likes me more than I thought, 228 00:11:52,200 --> 00:11:55,640 Speaker 1: now that I know what an executive executive let off 229 00:11:55,640 --> 00:11:58,839 Speaker 1: the hook. Yeah, So, Chuck, let's talk about the different 230 00:11:58,920 --> 00:12:03,199 Speaker 1: kinds of wills. Right. There's obviously the standard like ironclad will. 231 00:12:03,320 --> 00:12:05,199 Speaker 1: It's been drafted by an attorney or whatever. But she'll 232 00:12:05,240 --> 00:12:07,720 Speaker 1: talk about in a second. But there's some kind of 233 00:12:07,800 --> 00:12:12,040 Speaker 1: interesting wills because death doesn't necessarily happen, um, when you're 234 00:12:12,040 --> 00:12:15,319 Speaker 1: counting on it. Exactly. That should be this, that should 235 00:12:15,320 --> 00:12:18,480 Speaker 1: be stuff you should know. His new model, the new slogan, 236 00:12:18,960 --> 00:12:21,480 Speaker 1: death doesn't happen when you're counting on it. Death doesn't 237 00:12:21,480 --> 00:12:23,640 Speaker 1: necessarily happen when you're counting on it. Just to add 238 00:12:23,679 --> 00:12:26,720 Speaker 1: that extra like it that it's suspense. Um. So you're 239 00:12:26,720 --> 00:12:29,679 Speaker 1: talking about probably um, a couple of things. One can 240 00:12:29,720 --> 00:12:33,560 Speaker 1: be an oral will, which is a lot of times 241 00:12:33,559 --> 00:12:35,800 Speaker 1: in the in the old days, and it might still 242 00:12:35,840 --> 00:12:38,360 Speaker 1: happen because soldiers are still very young and might not 243 00:12:38,440 --> 00:12:40,160 Speaker 1: think that they need a will because they're young and 244 00:12:40,160 --> 00:12:42,280 Speaker 1: their bulletproof. But a lot of times soldiers on the 245 00:12:42,280 --> 00:12:46,000 Speaker 1: battlefield would execute an oral well to their buddy there 246 00:12:46,160 --> 00:12:50,800 Speaker 1: as their dying in the trenches. You want to do too, buddies, 247 00:12:51,040 --> 00:12:54,240 Speaker 1: oh to two witnesses. Yeah, that that definitely helps the 248 00:12:54,679 --> 00:12:57,800 Speaker 1: helps the case that it's legal. Yeah. And the in 249 00:12:57,800 --> 00:13:00,520 Speaker 1: the scenario I just mentioned, which is the dying soldier 250 00:13:00,520 --> 00:13:02,600 Speaker 1: on the battlefield is one of the more common ways 251 00:13:02,679 --> 00:13:06,520 Speaker 1: that an oral will will be upheld, right because I 252 00:13:06,520 --> 00:13:09,040 Speaker 1: imagine they have a lot of compassion for something like that. Yeah, 253 00:13:09,080 --> 00:13:11,679 Speaker 1: and um, if they can find your your buddies and 254 00:13:11,720 --> 00:13:14,640 Speaker 1: get them to sign an affidavit, or they can actually 255 00:13:14,679 --> 00:13:16,880 Speaker 1: come to probate court and say, yes, this is what 256 00:13:16,960 --> 00:13:19,480 Speaker 1: he said. He said to leave it all to me. Yeah, no, 257 00:13:19,600 --> 00:13:21,480 Speaker 1: he said to leave it all to me. Then it 258 00:13:21,520 --> 00:13:23,480 Speaker 1: turns ugly. But if they both agree that it is 259 00:13:23,520 --> 00:13:25,839 Speaker 1: what you said, then um, it's probably going to stand 260 00:13:25,880 --> 00:13:28,520 Speaker 1: up in court. Right. So what's a deathbed will? A 261 00:13:28,600 --> 00:13:31,280 Speaker 1: deathbed will is virtually the same thing, but say, rather 262 00:13:31,320 --> 00:13:34,120 Speaker 1: than dying young and being of sound mind, you might 263 00:13:34,160 --> 00:13:37,120 Speaker 1: be on your deathbed and are suffering from Alzheimer's or 264 00:13:37,160 --> 00:13:40,400 Speaker 1: something like that. So the deathbed will. Um. It also 265 00:13:40,440 --> 00:13:42,880 Speaker 1: can be written to it's more of like the time 266 00:13:43,000 --> 00:13:47,840 Speaker 1: rather than the type. Right. Um, so the the it 267 00:13:47,880 --> 00:13:50,480 Speaker 1: can be written, It can be oral, and you can 268 00:13:50,520 --> 00:13:54,160 Speaker 1: have several witnesses. But it's also the most commonly challenged 269 00:13:54,200 --> 00:13:58,120 Speaker 1: one because mental capacity is frequently argued like this person 270 00:13:58,160 --> 00:14:00,480 Speaker 1: didn't know what they were talking about, or sobody you 271 00:14:00,520 --> 00:14:03,120 Speaker 1: know had their feeding two kinks, so they did it 272 00:14:03,200 --> 00:14:07,600 Speaker 1: under Durest. You know. Yeah, there's a holographic wheel, Josh, 273 00:14:07,679 --> 00:14:11,480 Speaker 1: very informal, handwritten. Usually this is the coolest looking will. 274 00:14:11,640 --> 00:14:15,440 Speaker 1: That's right, it's not a hologram. Uh. Not all states 275 00:14:15,480 --> 00:14:18,520 Speaker 1: recognize these as valid um, so as always check with 276 00:14:18,559 --> 00:14:23,680 Speaker 1: your state. But scenario where this might happen is you 277 00:14:23,880 --> 00:14:26,440 Speaker 1: wreck your car on a snowy road in the middle 278 00:14:26,440 --> 00:14:29,680 Speaker 1: of nowhere and you're like, I'm gonna die and I'm 279 00:14:29,720 --> 00:14:32,640 Speaker 1: gonna scratch out my will, or you pee it into 280 00:14:32,680 --> 00:14:36,960 Speaker 1: the snow. That would be awesome. Or if you're James 281 00:14:36,960 --> 00:14:39,560 Speaker 1: Franco or that real dude and you're stuck in a 282 00:14:40,120 --> 00:14:42,640 Speaker 1: and a boulder, you could probably videotape it. Although I 283 00:14:42,640 --> 00:14:45,840 Speaker 1: think holographic is strictly handwritten, so that would be an 284 00:14:45,920 --> 00:14:50,320 Speaker 1: oral deathbed will sort of commonly written in blood, but 285 00:14:50,880 --> 00:14:55,120 Speaker 1: one's own blood. Um. Yeah, that's that's a pretty cool one. 286 00:14:55,200 --> 00:14:57,680 Speaker 1: I said it was cool. Yes, yeah, I think that's 287 00:14:57,680 --> 00:15:00,960 Speaker 1: the coolest one. Did you think so? Yeah, the impending 288 00:15:01,040 --> 00:15:05,280 Speaker 1: death by oneself. Yeah yeah, and you just scratch it 289 00:15:05,280 --> 00:15:07,120 Speaker 1: out on whatever paper you have and then succumb to 290 00:15:07,120 --> 00:15:10,040 Speaker 1: the elements. I think it's neat because you think about it, 291 00:15:10,040 --> 00:15:13,200 Speaker 1: you're thinking about the people you love and in some 292 00:15:13,240 --> 00:15:15,640 Speaker 1: way they're there with you. Right then, Yeah, but what 293 00:15:15,680 --> 00:15:17,120 Speaker 1: if you're saying I don't want to leave any of 294 00:15:17,120 --> 00:15:20,360 Speaker 1: those no good uh never do wells anything, Well, then 295 00:15:20,400 --> 00:15:23,080 Speaker 1: you deserve to freeze to death. Okay, Uh, there's the 296 00:15:23,160 --> 00:15:24,960 Speaker 1: d I y will which you mentioned. You can get 297 00:15:25,080 --> 00:15:27,480 Speaker 1: um on the internet or I guess it Staples. You 298 00:15:27,480 --> 00:15:30,720 Speaker 1: can get the forms. Self probating wills can save you 299 00:15:30,760 --> 00:15:34,040 Speaker 1: a little time. Well, this is the ironclad will, right 300 00:15:34,280 --> 00:15:36,000 Speaker 1: I think so? So this is the one where you 301 00:15:36,080 --> 00:15:39,000 Speaker 1: hire a lawyer to draft it, at the very least 302 00:15:39,040 --> 00:15:41,200 Speaker 1: review it. But probably you've hired a lawyer to draft 303 00:15:41,240 --> 00:15:44,960 Speaker 1: your will a couple hundred bucks from what I understand. Um, 304 00:15:45,120 --> 00:15:49,600 Speaker 1: and the the witnesses sign affidavits ahead of time that 305 00:15:49,680 --> 00:15:52,440 Speaker 1: are part of the will, saying like yes, this guy 306 00:15:52,920 --> 00:15:56,120 Speaker 1: did say this, So you don't have to These witnesses 307 00:15:56,160 --> 00:15:58,560 Speaker 1: don't have to appear in probate court to testify that 308 00:15:58,680 --> 00:16:01,800 Speaker 1: this is the correct will. Right. So it expedites the 309 00:16:01,800 --> 00:16:05,400 Speaker 1: whole process. It makes it more difficult to challenge and 310 00:16:05,480 --> 00:16:07,880 Speaker 1: basically it's the butt of boom butt of being of wills. 311 00:16:08,440 --> 00:16:12,200 Speaker 1: Don't contest me, baby, is what it says at the bottom. Uh. 312 00:16:12,240 --> 00:16:15,600 Speaker 1: And since we're talking about contesting and changing, that happens 313 00:16:15,600 --> 00:16:18,360 Speaker 1: all the time, totally legal. The only person that can 314 00:16:18,440 --> 00:16:21,760 Speaker 1: change a will is the test to tour. Why is 315 00:16:21,800 --> 00:16:25,840 Speaker 1: that funny? That's like Hodgment says, complain ant and defend 316 00:16:25,840 --> 00:16:31,000 Speaker 1: at and Judge John Hodgman. So the testatur is the 317 00:16:31,040 --> 00:16:34,000 Speaker 1: only person that can do this. It's very common a 318 00:16:34,000 --> 00:16:35,800 Speaker 1: lot of reasons. You might have a new kid, you 319 00:16:35,880 --> 00:16:38,600 Speaker 1: might get divorced, you might get married, you might start 320 00:16:38,640 --> 00:16:40,960 Speaker 1: hating your kid, might start hating your kid. The tax 321 00:16:41,000 --> 00:16:43,000 Speaker 1: laws might change in your favors. You can tweak it 322 00:16:43,040 --> 00:16:45,520 Speaker 1: a bit. Uh. You might all of a sudden, you 323 00:16:45,600 --> 00:16:47,560 Speaker 1: might win the lottery and think, oh, you know what, 324 00:16:47,600 --> 00:16:49,200 Speaker 1: I might want to rethink how my will has read 325 00:16:49,240 --> 00:16:51,840 Speaker 1: at this point. Or you might just feel like, you 326 00:16:51,880 --> 00:16:54,480 Speaker 1: know what, I'm kind of old and my kids are 327 00:16:54,520 --> 00:16:56,880 Speaker 1: doing okay, so I'd rather just leave my money to 328 00:16:57,000 --> 00:17:00,760 Speaker 1: some great charities. That's a nice thing to do. Yeah, Okate, 329 00:17:00,880 --> 00:17:03,320 Speaker 1: he's leaving the line share of his though to charity. 330 00:17:03,480 --> 00:17:07,560 Speaker 1: Oh yeah, while he's alive. Even that's right. Um, And okay, 331 00:17:07,600 --> 00:17:11,520 Speaker 1: So let's say that your your elderly parent dies and 332 00:17:11,640 --> 00:17:15,359 Speaker 1: you decide that, um, he or she is obviously crazy 333 00:17:15,480 --> 00:17:19,320 Speaker 1: because he or she left his or her money to charity. Right, 334 00:17:20,119 --> 00:17:24,040 Speaker 1: you can challenge this, Right, that's right, and there are 335 00:17:24,119 --> 00:17:27,280 Speaker 1: a number of ways to challenge it. But it's that's 336 00:17:27,400 --> 00:17:29,359 Speaker 1: it's first of all, it's a very difficult, long and 337 00:17:29,400 --> 00:17:35,000 Speaker 1: expensive process. Unless you have like real solid evidence of 338 00:17:35,080 --> 00:17:39,080 Speaker 1: one of maybe several points that that could possibly overturn 339 00:17:39,119 --> 00:17:42,760 Speaker 1: a will, it's gonna be you're not gonna win, and 340 00:17:42,840 --> 00:17:45,600 Speaker 1: not anyone can challenge like Joe Schmo off the Street 341 00:17:45,760 --> 00:17:48,880 Speaker 1: or like let's say you, I couldn't challenge your will 342 00:17:48,880 --> 00:17:51,600 Speaker 1: and say but Josh was my podcast partner saying, you know, 343 00:17:51,680 --> 00:17:53,879 Speaker 1: it doesn't matter. I don't know. You could technically be 344 00:17:54,119 --> 00:17:56,639 Speaker 1: a person of legal standing, which is what you have 345 00:17:56,760 --> 00:17:59,040 Speaker 1: to be too challengea will. You either have to be 346 00:17:59,680 --> 00:18:02,399 Speaker 1: someone who is in the will and you're challenging it 347 00:18:02,480 --> 00:18:05,160 Speaker 1: like I got rem this is terrible. I want more 348 00:18:05,200 --> 00:18:06,960 Speaker 1: money than This's what is your problem, But you can't 349 00:18:07,000 --> 00:18:10,040 Speaker 1: challenge on fairness. You can do it, but you won't win. 350 00:18:10,200 --> 00:18:12,720 Speaker 1: Thank you for correcting me. Um, you could be like 351 00:18:12,800 --> 00:18:15,359 Speaker 1: somebody was holding this guy's feeding too. You know this 352 00:18:15,440 --> 00:18:17,760 Speaker 1: is because so that's when you can challenge, or you 353 00:18:17,800 --> 00:18:19,600 Speaker 1: could be someone who should have been in the will 354 00:18:20,119 --> 00:18:23,720 Speaker 1: e g. A podcaster. I would think it's usually a 355 00:18:23,720 --> 00:18:25,960 Speaker 1: family member, though you probably have to be. I would 356 00:18:25,640 --> 00:18:28,359 Speaker 1: be relative blood or maybe marriage. But I'm sure if 357 00:18:28,359 --> 00:18:31,080 Speaker 1: you're a blood relative, it helps make you, Um, it 358 00:18:31,080 --> 00:18:33,399 Speaker 1: helps your position as a person of legal stand anymore. 359 00:18:33,440 --> 00:18:35,639 Speaker 1: I'm gonna challenge your will like when we're in our eighties, 360 00:18:35,960 --> 00:18:37,560 Speaker 1: and this is gonna be like some sort of proof 361 00:18:37,600 --> 00:18:39,840 Speaker 1: that I agree you should be a person of legal 362 00:18:39,880 --> 00:18:42,080 Speaker 1: standing at least will be like the Sunshine Boys, like 363 00:18:42,119 --> 00:18:44,359 Speaker 1: we haven't spoken in thirty years and like our children 364 00:18:44,359 --> 00:18:46,000 Speaker 1: are trying to get us together for a more show. 365 00:18:46,840 --> 00:18:51,320 Speaker 1: Did you ever see that? But I laughed anyway, right um. 366 00:18:51,359 --> 00:18:52,960 Speaker 1: And by the way, I'm leaving all my stuff to 367 00:18:53,040 --> 00:18:55,520 Speaker 1: you me so you can challenge it all you want, pal, 368 00:18:55,600 --> 00:18:58,480 Speaker 1: But I just contradicted your challenge and this is gonna 369 00:18:58,560 --> 00:18:59,960 Speaker 1: stand up. And you know, because this is a very 370 00:19:00,280 --> 00:19:02,040 Speaker 1: I would think that this would work. Yeah, I wouldn't 371 00:19:02,080 --> 00:19:03,800 Speaker 1: challenge Himy, she can have it all, Okay, she can 372 00:19:03,840 --> 00:19:08,399 Speaker 1: have your junk, So good junk. If you do, you do, Josh, 373 00:19:08,400 --> 00:19:10,320 Speaker 1: I have a good chunk. Um if you do challenge it, um, 374 00:19:10,359 --> 00:19:13,040 Speaker 1: which you're gonna You can either rewrite it completely, revoke 375 00:19:13,160 --> 00:19:16,879 Speaker 1: the original, or add something called the codasil to your 376 00:19:16,880 --> 00:19:19,720 Speaker 1: existing Well. It's just like an addendum basically. Oh, that's 377 00:19:19,760 --> 00:19:21,760 Speaker 1: if you want to change your well. But if you 378 00:19:21,800 --> 00:19:25,439 Speaker 1: want to challenge it, well, well, there's going to turn 379 00:19:25,520 --> 00:19:29,639 Speaker 1: out so right, the will is forged this one. Um 380 00:19:29,680 --> 00:19:32,639 Speaker 1: that it didn't meet the requirements of the state, Like 381 00:19:32,720 --> 00:19:36,960 Speaker 1: maybe the state requires two witnesses and there's only one. Right, Um, 382 00:19:37,000 --> 00:19:41,720 Speaker 1: it didn't. Uh, the person was coerced the testator, right, 383 00:19:42,200 --> 00:19:45,200 Speaker 1: it was coerced with the kink in the feeding too. Um, 384 00:19:45,240 --> 00:19:47,840 Speaker 1: the testator was a victim of fraud. What would that be? 385 00:19:49,119 --> 00:19:53,400 Speaker 1: I don't know. Um, Like maybe the person who drew 386 00:19:53,480 --> 00:19:56,040 Speaker 1: up the will wasn't really a lawyer but charged lawyer's 387 00:19:56,080 --> 00:20:01,200 Speaker 1: fee fraud. Yeah, okay. And then lastly, the beneficiary doesn't 388 00:20:01,240 --> 00:20:05,200 Speaker 1: improve the executor and this could be like the executors 389 00:20:05,200 --> 00:20:08,800 Speaker 1: maybe the fraudulent attorney. Yeah it can It can't just 390 00:20:08,840 --> 00:20:11,760 Speaker 1: be like she borrowed my pearl necklace once and never 391 00:20:11,800 --> 00:20:14,000 Speaker 1: gave it back. There's no way she can execute this 392 00:20:14,080 --> 00:20:16,560 Speaker 1: a state. Right. And I didn't get stats, but the 393 00:20:16,600 --> 00:20:19,600 Speaker 1: general feeling I get is that wills are pretty tough 394 00:20:19,640 --> 00:20:22,920 Speaker 1: to overturn unless, like you said, there's some pretty blatant 395 00:20:23,320 --> 00:20:27,920 Speaker 1: egregious errors or fraud going on, and if and if 396 00:20:27,960 --> 00:20:30,480 Speaker 1: it is rejected, then they just go to the state law, 397 00:20:30,560 --> 00:20:33,639 Speaker 1: which is, you know, your wife gets this percentage, your 398 00:20:33,800 --> 00:20:37,359 Speaker 1: firstborn gets this percentage, and on down the line. And 399 00:20:37,400 --> 00:20:39,080 Speaker 1: that's as if you had died without a will. That's 400 00:20:39,080 --> 00:20:42,040 Speaker 1: how they treated, which is called dying intest state. Yeah, 401 00:20:42,040 --> 00:20:44,320 Speaker 1: I never heard that word. Okay, so let's say that 402 00:20:44,400 --> 00:20:49,399 Speaker 1: you um, let's say that you really your kid. It 403 00:20:49,480 --> 00:20:51,200 Speaker 1: just really turns out to be a jerk. You did 404 00:20:51,240 --> 00:20:53,920 Speaker 1: everything you could, but you just don't like your kid. 405 00:20:54,440 --> 00:20:57,760 Speaker 1: You nurtured, you nurtured, you nurtured, and then natured one out. 406 00:20:58,200 --> 00:21:00,439 Speaker 1: It's like Sean Penn in the game or he went 407 00:21:00,480 --> 00:21:04,400 Speaker 1: through the game. Oh yeah, like that kind of guy. 408 00:21:04,440 --> 00:21:08,480 Speaker 1: All Right, Okay, you can cut your kid out of 409 00:21:08,480 --> 00:21:12,200 Speaker 1: the will, but there's you have to follow a specific guideline, 410 00:21:12,200 --> 00:21:15,880 Speaker 1: and that guideline is you officially have to disinherit your kid. Yeah, 411 00:21:15,880 --> 00:21:18,679 Speaker 1: and I'm surprised it's it's easier to write your child 412 00:21:18,760 --> 00:21:21,760 Speaker 1: out of your will than your spouse yeah, and you 413 00:21:21,760 --> 00:21:25,000 Speaker 1: you brought the child into the world you married the spouse. 414 00:21:25,080 --> 00:21:27,720 Speaker 1: I was surprised by that too, Chuck. Yeah, you like 415 00:21:27,760 --> 00:21:30,320 Speaker 1: you said, you disinherit a child for unless you have 416 00:21:30,400 --> 00:21:34,800 Speaker 1: some sort of ironclad pre nup, then your spouse husband 417 00:21:34,840 --> 00:21:37,760 Speaker 1: or wife is gonna be um, gonna be getting some 418 00:21:37,840 --> 00:21:43,439 Speaker 1: dough half. Generally is the is the way to go. Um. 419 00:21:43,480 --> 00:21:48,800 Speaker 1: So spouses are tough, kids are easy, right, but um, 420 00:21:48,960 --> 00:21:51,199 Speaker 1: most lawyers will be like, don't do that. Do not 421 00:21:51,359 --> 00:21:53,720 Speaker 1: just disinherit and don't try to cut your spouse out. 422 00:21:53,760 --> 00:21:55,760 Speaker 1: It's gonna make you look like a jerk. It's gonna 423 00:21:55,800 --> 00:21:58,680 Speaker 1: make a judge overturn your will. Here's what you do. 424 00:21:58,720 --> 00:22:02,439 Speaker 1: You give them each fifties sense Okay, right, pretty horrible, right. 425 00:22:02,480 --> 00:22:04,399 Speaker 1: That didn't make it look like a No, it doesn't. 426 00:22:04,600 --> 00:22:07,560 Speaker 1: But you put in an into rum clause that says 427 00:22:07,600 --> 00:22:10,440 Speaker 1: that if they challenge the will, that they forfeit everything. 428 00:22:10,600 --> 00:22:13,359 Speaker 1: And you know what that means in Latin, it means 429 00:22:13,840 --> 00:22:16,639 Speaker 1: in order to frighten. So basically it's saying, you know, 430 00:22:17,119 --> 00:22:19,760 Speaker 1: it's trying to scare someone off. Right, So the fifties 431 00:22:19,760 --> 00:22:22,160 Speaker 1: cents thing wouldn't work, right, You want to leave them 432 00:22:22,280 --> 00:22:25,520 Speaker 1: enough so that they are they they're gonna have what 433 00:22:25,560 --> 00:22:29,520 Speaker 1: they need, but they're still offended, like exactly right, So 434 00:22:29,640 --> 00:22:32,960 Speaker 1: like they're like, well, I could buy five dollars whether 435 00:22:32,960 --> 00:22:35,480 Speaker 1: the crack with that five thousand dollars, Maybe I should 436 00:22:35,480 --> 00:22:40,240 Speaker 1: just stick with this, you know. Yeah, divorce can complicate things. Obviously, 437 00:22:40,359 --> 00:22:45,080 Speaker 1: some states renders the will invalid, but most times just 438 00:22:45,160 --> 00:22:48,080 Speaker 1: the parts where the spouses in there will be uh addressed. 439 00:22:48,280 --> 00:22:51,040 Speaker 1: So the bequest is what the people get. The beneficiaries 440 00:22:51,040 --> 00:22:54,000 Speaker 1: are the people who get bequests actually figured out like 441 00:22:54,040 --> 00:22:57,480 Speaker 1: a pretty good sentence to explain all this. The beneficiary 442 00:22:57,600 --> 00:23:01,720 Speaker 1: receives a bequest from the tests will in probate court 443 00:23:01,800 --> 00:23:06,920 Speaker 1: at the behest of the executor. That's so clever, Thank you, 444 00:23:06,440 --> 00:23:10,000 Speaker 1: look at you. So the the beneficiaries are all going 445 00:23:10,080 --> 00:23:13,199 Speaker 1: to get slapped with what is called a death tax. 446 00:23:13,359 --> 00:23:16,199 Speaker 1: Really it's called in the state tax, but opponents of 447 00:23:16,240 --> 00:23:20,760 Speaker 1: the estate tax, the rich um basically created this other 448 00:23:20,880 --> 00:23:22,800 Speaker 1: name for it called the death tax, which is like 449 00:23:22,840 --> 00:23:25,959 Speaker 1: you're being taxed to die. You're not actually being taxed 450 00:23:25,960 --> 00:23:30,000 Speaker 1: to die. Your estates not even being taxed. Your beneficiaries. 451 00:23:30,680 --> 00:23:34,800 Speaker 1: Bequests are what are taxed The thing is, it's a 452 00:23:34,920 --> 00:23:38,159 Speaker 1: lot you know what I call it, what one final 453 00:23:38,240 --> 00:23:42,280 Speaker 1: little from the government from uncle saying like, you paid 454 00:23:42,320 --> 00:23:44,840 Speaker 1: your whole life, you paid your whole life, you died 455 00:23:44,920 --> 00:23:47,359 Speaker 1: on the battlefield, and then we're going to get some 456 00:23:47,400 --> 00:23:49,760 Speaker 1: more tax and it's hefty. Yeah. Well, I mean, part 457 00:23:49,760 --> 00:23:52,240 Speaker 1: of the reason why the estate taxes around is to 458 00:23:52,720 --> 00:23:58,159 Speaker 1: prevent dynasties from taking place. But the problem is with 459 00:23:58,200 --> 00:24:02,760 Speaker 1: all of the loopholes, tax shelters, that kind of stuff. Um, 460 00:24:03,359 --> 00:24:05,679 Speaker 1: the rich are the only ones who can afford to 461 00:24:05,720 --> 00:24:09,160 Speaker 1: get around from paying a state taxes, So that kind 462 00:24:09,160 --> 00:24:11,680 Speaker 1: of goes onto the middle class and prevents middle class 463 00:24:11,720 --> 00:24:15,080 Speaker 1: dynasties from being formed. But you know, it's really weird. 464 00:24:15,880 --> 00:24:20,359 Speaker 1: I cannot describe to you how severe the level of 465 00:24:20,440 --> 00:24:23,320 Speaker 1: deja vu I have right now. Is have we had 466 00:24:23,800 --> 00:24:26,920 Speaker 1: a conversation about the state taxes in that same vein 467 00:24:27,960 --> 00:24:30,000 Speaker 1: I don't think so. But we've done a podcast on 468 00:24:30,040 --> 00:24:35,040 Speaker 1: deja vu. Well, then prepare for some really vitriolic listener 469 00:24:35,080 --> 00:24:38,520 Speaker 1: mail from that one, because in my deja vu memory, Yeah, 470 00:24:38,800 --> 00:24:41,200 Speaker 1: that tick people off. What because you said that only 471 00:24:41,240 --> 00:24:43,719 Speaker 1: the rich people can know about these loopholes, Well, they 472 00:24:43,720 --> 00:24:47,479 Speaker 1: can afford accountants that can figure out these loopholes, lawyers 473 00:24:47,520 --> 00:24:48,920 Speaker 1: that kind of things, like you ain't gonna get that 474 00:24:48,960 --> 00:24:52,359 Speaker 1: at the six staples package. No, No, it actually says 475 00:24:52,359 --> 00:24:55,640 Speaker 1: good luck with the decks death taxes. Pale doesn't, so 476 00:24:55,760 --> 00:24:58,960 Speaker 1: chuck um. If if you are a person living in 477 00:24:59,080 --> 00:25:02,960 Speaker 1: I think two thousand six in the United States and 478 00:25:03,200 --> 00:25:07,439 Speaker 1: you inherited over ten thousand fifty dollars, what did you 479 00:25:07,480 --> 00:25:14,720 Speaker 1: pay close to three grand? That's just that that's just 480 00:25:14,840 --> 00:25:18,240 Speaker 1: for inheriting ten thousand and fifty one dollars, right, yeah, 481 00:25:18,240 --> 00:25:20,720 Speaker 1: well that's the base thing. Then you have to pay 482 00:25:20,720 --> 00:25:24,520 Speaker 1: an additional thirty five percent over and above the ten 483 00:25:24,520 --> 00:25:26,600 Speaker 1: thousand fifty dollars. So let me ask you that is 484 00:25:26,640 --> 00:25:29,280 Speaker 1: that thirty five percent on the whole thing or thirty 485 00:25:29,520 --> 00:25:32,240 Speaker 1: percent and the whole thing minus ten thousand and fifty dollars. 486 00:25:32,240 --> 00:25:34,199 Speaker 1: It's a good question, and I don't know, and I'm 487 00:25:34,240 --> 00:25:36,560 Speaker 1: sure some smart attorney will say, here's how it is going. 488 00:25:36,840 --> 00:25:39,840 Speaker 1: But if you're inheriting a million dollars, who cares? Yeah, 489 00:25:39,880 --> 00:25:41,639 Speaker 1: well that's a lot of change. Though, if it's like 490 00:25:42,560 --> 00:25:47,160 Speaker 1: Bucks right on ten thou yes, Josh, you're indeed right 491 00:25:48,040 --> 00:25:51,760 Speaker 1: a million bucks? Who cares. So there's the death taxes. 492 00:25:52,160 --> 00:25:53,840 Speaker 1: You can set up a trust. That is one good 493 00:25:53,840 --> 00:25:58,760 Speaker 1: way to UM maybe pay fewer taxes. UM. If smart 494 00:25:58,920 --> 00:26:02,520 Speaker 1: people often set up trust, rich people often set up trust. Well, 495 00:26:02,680 --> 00:26:04,960 Speaker 1: it also keeps your UM. You don't have to be 496 00:26:05,080 --> 00:26:07,080 Speaker 1: rich though. I've looked into trusts. About two grand to 497 00:26:07,119 --> 00:26:10,000 Speaker 1: set up a trust y UM and this number one 498 00:26:10,040 --> 00:26:12,680 Speaker 1: it's it's very speedy. It keeps it out of probate court. 499 00:26:12,840 --> 00:26:15,199 Speaker 1: Like when you die, you're dying wishes that are a 500 00:26:15,200 --> 00:26:18,520 Speaker 1: part of your will that are incorporated into this trust. 501 00:26:19,000 --> 00:26:22,359 Speaker 1: That's that right right, UM, So all of the stuff 502 00:26:22,359 --> 00:26:25,560 Speaker 1: gets divvied up right away. It stays out of court. Yeah. 503 00:26:25,560 --> 00:26:27,000 Speaker 1: And if you have a minor in your family, a 504 00:26:27,080 --> 00:26:28,719 Speaker 1: lot of times you'll set up a trust because if 505 00:26:28,720 --> 00:26:30,520 Speaker 1: you don't set up a trust, the court is going 506 00:26:30,560 --> 00:26:34,800 Speaker 1: to assign or there will be a conservator who will 507 00:26:34,840 --> 00:26:37,879 Speaker 1: oversee the assets of the minor. And I think eighteen 508 00:26:37,880 --> 00:26:41,199 Speaker 1: to twenty one generally in most states as when a 509 00:26:41,240 --> 00:26:44,040 Speaker 1: minor can all of a sudden handle their own finances. 510 00:26:44,080 --> 00:26:46,119 Speaker 1: But if you set up a trust, it's managed by 511 00:26:46,200 --> 00:26:50,400 Speaker 1: the trust store and they'll handle it for your kid. Yeah, 512 00:26:50,480 --> 00:26:53,560 Speaker 1: whoever that person is I would imagine someone just as 513 00:26:53,600 --> 00:26:57,080 Speaker 1: trustworthy is the executor, maybe one and the same. You're right, 514 00:26:57,840 --> 00:27:00,520 Speaker 1: and then chuck. Of course there is the living will, 515 00:27:00,640 --> 00:27:03,760 Speaker 1: right yeah, And there's a whole article on living wills, 516 00:27:03,880 --> 00:27:06,640 Speaker 1: but so we won't get into it too specifically. But 517 00:27:07,000 --> 00:27:09,560 Speaker 1: the living will has nothing to do with your money's 518 00:27:09,600 --> 00:27:13,199 Speaker 1: and properties. It is, um, Hey, if I'm ever in 519 00:27:13,240 --> 00:27:16,119 Speaker 1: a serious accident, I'm on a ventilator, here's how I 520 00:27:16,119 --> 00:27:18,760 Speaker 1: would like my UM, I would like you to pull 521 00:27:18,760 --> 00:27:20,320 Speaker 1: the plug or not pull the plug. And it's more 522 00:27:20,359 --> 00:27:23,240 Speaker 1: complicated than that, yeah, because that's like that's line one. 523 00:27:23,320 --> 00:27:26,240 Speaker 1: And the line too is if I'm ever attacked by 524 00:27:26,240 --> 00:27:30,240 Speaker 1: a dog and I need a heart that's coming, that's 525 00:27:30,240 --> 00:27:32,520 Speaker 1: that my family can afford take, you know, pull the 526 00:27:32,560 --> 00:27:35,600 Speaker 1: plug and then down the line right, yeah, And these 527 00:27:35,640 --> 00:27:38,200 Speaker 1: need to be signed and witnessed, and power of attorney 528 00:27:38,359 --> 00:27:42,360 Speaker 1: is usually included because if you can't cover every scenario obviously, 529 00:27:42,440 --> 00:27:44,680 Speaker 1: and the power of attorney would be let's say, you 530 00:27:44,720 --> 00:27:46,879 Speaker 1: know what, I want Emily to be in charge of 531 00:27:46,880 --> 00:27:51,680 Speaker 1: making this decision and not my mom, let's say, because 532 00:27:51,720 --> 00:27:53,920 Speaker 1: my mom would be like no, he'll pull through, and 533 00:27:54,000 --> 00:27:58,440 Speaker 1: Namily'd be like, yeah, he didn't look too good. She 534 00:27:58,480 --> 00:28:01,000 Speaker 1: wouldn't do that. I'm just kidding. Still funny, but yeah, 535 00:28:01,000 --> 00:28:03,159 Speaker 1: a living will is very important though for anyone of 536 00:28:03,200 --> 00:28:05,800 Speaker 1: any age. Um, it can get real messy. We've seen 537 00:28:05,840 --> 00:28:09,440 Speaker 1: it in the news time and time again. Uh so yeah, 538 00:28:09,560 --> 00:28:11,960 Speaker 1: get your living will taken care of. And I think 539 00:28:12,000 --> 00:28:15,080 Speaker 1: you can also just do like a blanket, like don't 540 00:28:15,240 --> 00:28:17,800 Speaker 1: don't take any heroic measures to save me. And I 541 00:28:17,840 --> 00:28:19,639 Speaker 1: don't want to be on any kind of life support 542 00:28:20,200 --> 00:28:25,639 Speaker 1: mine mine says, do never ever unplug me. Really, I 543 00:28:25,680 --> 00:28:27,439 Speaker 1: want to be a burden on my family for the 544 00:28:27,440 --> 00:28:30,480 Speaker 1: rest of my life, as long as that machine can 545 00:28:30,520 --> 00:28:34,080 Speaker 1: keep me alive. I want to be shaved once a 546 00:28:34,119 --> 00:28:37,280 Speaker 1: week from top to bottom. All right. That segways nicely 547 00:28:37,320 --> 00:28:40,760 Speaker 1: into odd things that can happen stipulations with your will. 548 00:28:41,480 --> 00:28:43,880 Speaker 1: Nice Is that how we should finish up? Yeah, totally. 549 00:28:44,320 --> 00:28:49,680 Speaker 1: You can have requirements of your big quest stores. No, 550 00:28:49,960 --> 00:28:54,640 Speaker 1: the beneficiaries and officiaries like, hey, this article. I know 551 00:28:54,960 --> 00:28:57,480 Speaker 1: it's a long time ago, um like hey, I want 552 00:28:57,480 --> 00:29:00,480 Speaker 1: I want to give my son the majority of my fortune, 553 00:29:00,760 --> 00:29:03,280 Speaker 1: but he's got a Finnish college first, or quit smoking. 554 00:29:03,360 --> 00:29:05,480 Speaker 1: I saw was thinking of me when you wrote that 555 00:29:05,680 --> 00:29:08,760 Speaker 1: that was not you were smoking a ton back then, though, 556 00:29:10,000 --> 00:29:12,360 Speaker 1: yes you were. Um, so let's talk about some funny 557 00:29:12,600 --> 00:29:16,040 Speaker 1: and and odd things in history with wills. Josh finished 558 00:29:16,040 --> 00:29:20,640 Speaker 1: on a lighter note. Well, there's Portuguese aristocrat Louis Carlos. 559 00:29:20,760 --> 00:29:27,080 Speaker 1: They no rona coupled all the camara. That's terrible, And 560 00:29:27,120 --> 00:29:29,360 Speaker 1: I sounded like I took a bite of peanut butter 561 00:29:29,400 --> 00:29:32,640 Speaker 1: towards the end. Do you want to do that one? Well, 562 00:29:32,680 --> 00:29:35,160 Speaker 1: I'll now that you said his name, Um, I'll tell 563 00:29:35,200 --> 00:29:38,000 Speaker 1: you what he did. He picked seventy so you don't 564 00:29:38,040 --> 00:29:40,920 Speaker 1: want to try that one. He picked seventies strangers, random 565 00:29:40,960 --> 00:29:44,040 Speaker 1: strangers from a phone book in Lisbon and thirteen years 566 00:29:44,040 --> 00:29:45,400 Speaker 1: before he died, and said, these are the people, but 567 00:29:45,440 --> 00:29:48,480 Speaker 1: don't tell him. It's going to be just a big surprise. Yeah, 568 00:29:48,720 --> 00:29:51,160 Speaker 1: and some people thought they were being conned. If I 569 00:29:51,240 --> 00:29:55,560 Speaker 1: did that and I died, everybody there be um, seventies 570 00:29:55,600 --> 00:29:58,880 Speaker 1: strangers each getting a one dollar bill. But I put 571 00:29:58,920 --> 00:30:01,120 Speaker 1: in my will that had to be like crisp from 572 00:30:01,160 --> 00:30:04,000 Speaker 1: the bank never circulated one dollar bills to make them 573 00:30:04,000 --> 00:30:05,280 Speaker 1: feel good. I thought you're gonna say it like a 574 00:30:05,360 --> 00:30:08,120 Speaker 1: roller quarters or something. That's another way to go. But 575 00:30:08,120 --> 00:30:12,240 Speaker 1: that's more than a dollar. Yeah, you're right, Um McNair ill. 576 00:30:12,320 --> 00:30:16,600 Speaker 1: Grin Fritz was a unsuccessful but wealthy composer and he said, 577 00:30:16,640 --> 00:30:19,800 Speaker 1: you know what, Metropolitan Opera of New York, I'll leave 578 00:30:19,800 --> 00:30:22,320 Speaker 1: you a hundred grand if after I die, you put 579 00:30:22,360 --> 00:30:25,840 Speaker 1: on this opera I've I've written. And the met said, yea, 580 00:30:25,960 --> 00:30:31,360 Speaker 1: we could use that money but nothings, which is like ouch, yeah, 581 00:30:31,440 --> 00:30:33,400 Speaker 1: but they said the music it was workable. That's not 582 00:30:33,640 --> 00:30:35,320 Speaker 1: like they said, this is awful. I think I guess 583 00:30:35,320 --> 00:30:38,520 Speaker 1: you just wentn't in their plan. Um, who else, Josh? 584 00:30:38,560 --> 00:30:43,600 Speaker 1: Who else do we have here? Onny Nermi? Yeah? Finished, businessman, 585 00:30:44,320 --> 00:30:47,440 Speaker 1: this is this is my favorite one. Um. He apparently, 586 00:30:47,560 --> 00:30:50,400 Speaker 1: late in life, made some friends at the rest home 587 00:30:50,560 --> 00:30:54,000 Speaker 1: where he was dying, and died, I imagine, and he said, 588 00:30:54,040 --> 00:30:57,000 Speaker 1: you know what, I'm gonna leave everybody here, Uh, seven 589 00:30:57,240 --> 00:31:00,840 Speaker 1: dred and eighty shares of a rubber boot company that 590 00:31:01,000 --> 00:31:03,040 Speaker 1: I imagine I had something to do with at some 591 00:31:03,120 --> 00:31:07,239 Speaker 1: point maybe, um. And that rubber boot company went on 592 00:31:07,280 --> 00:31:10,600 Speaker 1: to become cell phone giant Nokia, and all of those 593 00:31:10,640 --> 00:31:14,120 Speaker 1: people became millionaires. I imagine all of those people's children 594 00:31:14,160 --> 00:31:18,280 Speaker 1: or grandchildren became millionaires because I don't think Nocchia went 595 00:31:18,280 --> 00:31:23,640 Speaker 1: from a boot company to the cell phone biz like overnight. Um, 596 00:31:23,680 --> 00:31:25,560 Speaker 1: but it was still very nice. This is a good 597 00:31:25,600 --> 00:31:27,680 Speaker 1: story if you ask me, Uh, these are pretty cool. 598 00:31:27,760 --> 00:31:32,280 Speaker 1: Josh um ed Hedrick the inventor. Um, Well, I'm not 599 00:31:32,320 --> 00:31:35,160 Speaker 1: the inventor of the frisbee, but he's credited with perfecting 600 00:31:35,280 --> 00:31:38,040 Speaker 1: the modern frisbee. He wanted to be. He took it 601 00:31:38,040 --> 00:31:42,960 Speaker 1: out of its original square exactly. He worked for WAMO, obviously, 602 00:31:43,080 --> 00:31:44,760 Speaker 1: and he said, you know what, I want my ashes 603 00:31:44,800 --> 00:31:48,360 Speaker 1: to be molded into memorial versions of the frisbee and 604 00:31:48,440 --> 00:31:51,080 Speaker 1: sell those and use the money from those to open 605 00:31:51,160 --> 00:31:53,960 Speaker 1: up a frisbee museum. And then another guy, a Marvel 606 00:31:54,080 --> 00:31:58,040 Speaker 1: comic writer Mark Gruenwald, said, I would like my ashes 607 00:31:58,080 --> 00:32:00,520 Speaker 1: to be mixed with inc and be on a mickbook. 608 00:32:00,600 --> 00:32:04,200 Speaker 1: And when he died young at forty two, there were 609 00:32:04,200 --> 00:32:09,320 Speaker 1: four thousand inc and Ashes issues of Squadron Supreme printed. Yeah, 610 00:32:09,400 --> 00:32:11,400 Speaker 1: wouldn't you be disappointed if that was the one you 611 00:32:11,480 --> 00:32:16,560 Speaker 1: got printed in? Well, that was probably being Punisher. It 612 00:32:16,640 --> 00:32:18,360 Speaker 1: was probably his comic though. I still want to be 613 00:32:18,400 --> 00:32:19,800 Speaker 1: in the punished, Okay, I want to be in a 614 00:32:19,800 --> 00:32:23,920 Speaker 1: better comic and who else, Dusty Springfield? Shall we mention her? 615 00:32:23,920 --> 00:32:26,320 Speaker 1: Hers just kind of eat I guess it's kind of silly. 616 00:32:26,600 --> 00:32:31,080 Speaker 1: She had a cat named Nicholas, and Nickols had a 617 00:32:31,120 --> 00:32:34,080 Speaker 1: favorite meal, which was imported baby food. So she left 618 00:32:34,440 --> 00:32:37,520 Speaker 1: the singer of Son of a Preacher man Um. She said, 619 00:32:37,560 --> 00:32:41,200 Speaker 1: you know what, Um, Nicholas is gonna lay on my 620 00:32:41,360 --> 00:32:45,160 Speaker 1: nightgown for the rest of nickolas his life, and my 621 00:32:45,320 --> 00:32:48,720 Speaker 1: music is going to be played and lifetime supply that 622 00:32:48,760 --> 00:32:52,640 Speaker 1: cat food for Nicklas. Yeah. And then Leona Helmsley like 623 00:32:53,480 --> 00:32:55,680 Speaker 1: million to her dog for the care of her dog. 624 00:32:55,760 --> 00:32:59,240 Speaker 1: You can't actually leave money to an animal, Yeah, you 625 00:32:59,280 --> 00:33:02,280 Speaker 1: can like stipulating your will that this money is for 626 00:33:02,400 --> 00:33:04,959 Speaker 1: the care of this animal. Right, And she left her 627 00:33:04,960 --> 00:33:07,440 Speaker 1: a couple of grandkids nothing and then yeah, and then 628 00:33:07,480 --> 00:33:11,960 Speaker 1: there is the There was the tree that owns itself 629 00:33:12,000 --> 00:33:16,120 Speaker 1: in Athens. The elderly couple that died or the elderly 630 00:33:16,160 --> 00:33:20,200 Speaker 1: woman that died and left this piece of land apparently 631 00:33:20,200 --> 00:33:22,400 Speaker 1: set up a trust for the tree so that it 632 00:33:22,480 --> 00:33:24,800 Speaker 1: can never be cut down or removed. And actually, if 633 00:33:24,800 --> 00:33:27,200 Speaker 1: you drive along the street, you have to go around 634 00:33:27,200 --> 00:33:30,320 Speaker 1: the roundabout that built around the tree that owns itself again. 635 00:33:30,320 --> 00:33:33,480 Speaker 1: It's got a little placard and a little chain around it, yea. 636 00:33:33,760 --> 00:33:35,960 Speaker 1: And that tree grows up to the center of city Hall. 637 00:33:36,400 --> 00:33:40,440 Speaker 1: And that tree grew up to be roy Comb. I 638 00:33:40,520 --> 00:33:42,480 Speaker 1: got nothing else. I don't either. If you want to 639 00:33:42,480 --> 00:33:46,160 Speaker 1: read a fine article written by a young, strapping Charles W. 640 00:33:46,400 --> 00:33:48,920 Speaker 1: Bryant when he first came to how stuff works dot com, 641 00:33:49,280 --> 00:33:51,880 Speaker 1: just type how wills work into the handy search bar 642 00:33:51,920 --> 00:33:54,320 Speaker 1: at how stuff works dot Com. That, of course brings 643 00:33:54,400 --> 00:33:58,040 Speaker 1: up listener mail. All right, Josh, I know you're gonna 644 00:33:58,080 --> 00:34:00,360 Speaker 1: balk at this because we have another request from a 645 00:34:00,400 --> 00:34:06,600 Speaker 1: boyfriend trying to get his girl. No, no, no, I 646 00:34:06,640 --> 00:34:09,920 Speaker 1: feel so bad for Timmy though. Alright, alright, Timmy before 647 00:34:09,960 --> 00:34:11,840 Speaker 1: we read this, dude, if you don't get back in 648 00:34:11,880 --> 00:34:13,560 Speaker 1: touch with us and let us know what happened, we 649 00:34:13,600 --> 00:34:15,920 Speaker 1: will find you. Yeah, you're dead to me, even though 650 00:34:15,920 --> 00:34:17,960 Speaker 1: we can't find the other guy. We will find you 651 00:34:18,040 --> 00:34:20,400 Speaker 1: to me since too, Yeah, and since we mentioned it 652 00:34:20,480 --> 00:34:23,239 Speaker 1: other guy who we proposed, we don't like you anymore. 653 00:34:23,480 --> 00:34:28,120 Speaker 1: Just what happened there, dude, People are clamoring to know. Alright, 654 00:34:28,120 --> 00:34:31,359 Speaker 1: to my beloved Josh and Chuck and Jerry since two 655 00:34:31,400 --> 00:34:34,280 Speaker 1: thousand nine. Uh, let me skip ahead to the interesting 656 00:34:34,320 --> 00:34:39,200 Speaker 1: part um Jerry cracking up today. Guys have been a 657 00:34:39,200 --> 00:34:41,239 Speaker 1: big fan since two thousand nine. One big thing that 658 00:34:41,280 --> 00:34:44,959 Speaker 1: has changed since that time was I found an absolutely 659 00:34:45,080 --> 00:34:48,919 Speaker 1: brilliant girlfriend. She also loves you, guys. We would spend 660 00:34:48,920 --> 00:34:52,279 Speaker 1: our nights together falling asleep, listening stuff. You should know. 661 00:34:53,480 --> 00:34:55,319 Speaker 1: She would fill me in on bits I missed. It 662 00:34:55,360 --> 00:34:58,160 Speaker 1: sounds like a very sweet thing. Unfortunately, recently we were 663 00:34:58,160 --> 00:35:01,320 Speaker 1: having a rough time of things, sort of lost perspective 664 00:35:01,400 --> 00:35:04,320 Speaker 1: and the spark faded. Uh, let me go ahead and 665 00:35:04,360 --> 00:35:07,040 Speaker 1: tell you to me do the spark like that. Spark 666 00:35:07,080 --> 00:35:09,759 Speaker 1: always fades. You gotta have something else going on there. 667 00:35:10,480 --> 00:35:14,160 Speaker 1: Substantial Model Airplanes is a good one. So we both 668 00:35:14,239 --> 00:35:17,840 Speaker 1: am amicably agreed that it would be easier to split 669 00:35:17,880 --> 00:35:21,200 Speaker 1: after eighteen months together. And the best thing we both 670 00:35:21,360 --> 00:35:25,320 Speaker 1: do the same university. We are have the same courses 671 00:35:25,360 --> 00:35:29,359 Speaker 1: at times. He must be English or something. We still 672 00:35:29,440 --> 00:35:31,040 Speaker 1: chat a lot and I really miss her though, and 673 00:35:31,040 --> 00:35:33,960 Speaker 1: I know she misses me too. You don't know that, Timmy. 674 00:35:34,600 --> 00:35:37,920 Speaker 1: You're about to find out. We were great together and 675 00:35:38,040 --> 00:35:40,280 Speaker 1: just needed this time apart to sort out our heads 676 00:35:40,680 --> 00:35:43,239 Speaker 1: and commit back to one another. What I would like 677 00:35:43,320 --> 00:35:46,720 Speaker 1: to do, guys, is for you to say to Elaine, 678 00:35:47,400 --> 00:35:51,120 Speaker 1: would you please get back with Timmy? Go back out 679 00:35:51,120 --> 00:35:54,680 Speaker 1: with him. He's boyfriend again. I'm sorry girlfriend. I know 680 00:35:54,760 --> 00:35:56,400 Speaker 1: she'll be listening. It would be a great way of 681 00:35:56,400 --> 00:35:59,000 Speaker 1: me showing her how much I still care. Or you 682 00:35:59,040 --> 00:36:02,319 Speaker 1: could just talk to her. That's that's another thing, or 683 00:36:02,360 --> 00:36:04,680 Speaker 1: that he's watching her. I don't think I'll do any 684 00:36:04,680 --> 00:36:07,360 Speaker 1: more of these. Um. I love her. I want to 685 00:36:07,360 --> 00:36:09,720 Speaker 1: spend my future with her. I would be really grateful 686 00:36:09,760 --> 00:36:14,640 Speaker 1: for this. So that's the deal, Timmy. It's as much 687 00:36:14,719 --> 00:36:19,200 Speaker 1: love Elaine. Take him back or don't. Either way, Timmy, 688 00:36:19,239 --> 00:36:22,479 Speaker 1: Please let us know what happens so we can follow 689 00:36:22,600 --> 00:36:25,000 Speaker 1: up and tell people what happened with the ten Elaine 690 00:36:25,040 --> 00:36:27,879 Speaker 1: Socca and that is it. That is as dead as 691 00:36:28,080 --> 00:36:31,840 Speaker 1: Haiku and disco. We're not doing that anymore, never again. No, 692 00:36:32,760 --> 00:36:35,799 Speaker 1: all right, agreed? Okay, thanks a lot, Timmy. Good luck 693 00:36:35,840 --> 00:36:41,160 Speaker 1: to you forever. All right, Um, Chuck, are you okay 694 00:36:41,200 --> 00:36:44,480 Speaker 1: with that? No? I'm fine, because it just gets out 695 00:36:44,480 --> 00:36:46,279 Speaker 1: of hand and then you know, we're asking people out 696 00:36:46,320 --> 00:36:48,560 Speaker 1: on a first date all of a sudden, and hey, 697 00:36:48,600 --> 00:36:50,160 Speaker 1: can you tell my friend Joe to pick up the 698 00:36:50,160 --> 00:36:52,799 Speaker 1: tab every now and then. You know, it's just it's 699 00:36:52,920 --> 00:36:55,360 Speaker 1: I'm okay with that one. Okay, Yeah, that's fine. You 700 00:36:55,400 --> 00:36:57,920 Speaker 1: know how I feel about freeloaders. All right, Well, then 701 00:36:58,160 --> 00:37:02,080 Speaker 1: let's call for that and the email. Um, now we'll 702 00:37:02,080 --> 00:37:04,440 Speaker 1: do that something they'll send him anyway, okay, all right, 703 00:37:04,520 --> 00:37:07,719 Speaker 1: So if you know a story about a crazy will, 704 00:37:08,400 --> 00:37:11,279 Speaker 1: crazy stipulation in a will, I love that. I can't 705 00:37:11,280 --> 00:37:13,719 Speaker 1: get enough of them, So let's hear him, right, yeah, 706 00:37:13,760 --> 00:37:15,480 Speaker 1: real ones, are you? Yeah? Well, yeah, I don't make 707 00:37:15,520 --> 00:37:18,520 Speaker 1: them up, jerks. We want to hear it. You can 708 00:37:18,680 --> 00:37:22,520 Speaker 1: put it on Facebook, Stuff you Should Know, Facebook, Facebook 709 00:37:22,560 --> 00:37:25,440 Speaker 1: dot Com, slash Stuff you Should Know, s y s 710 00:37:25,480 --> 00:37:28,200 Speaker 1: K podcast. That's our Twitter handle, and you can send 711 00:37:28,280 --> 00:37:32,520 Speaker 1: us an email at stuff Podcast at how stuff works 712 00:37:32,600 --> 00:37:39,520 Speaker 1: dot com. For more on this and thousands of other topics, 713 00:37:39,600 --> 00:37:42,040 Speaker 1: visit how stuff works dot com. To learn more about 714 00:37:42,040 --> 00:37:44,879 Speaker 1: the podcast, click on the podcast icon in the upper 715 00:37:44,960 --> 00:37:48,080 Speaker 1: right corner of our homepage. The How Stuff Works iPhone 716 00:37:48,120 --> 00:37:54,239 Speaker 1: app has a ride. Download it today on iTunes. Brought 717 00:37:54,280 --> 00:37:57,440 Speaker 1: to you by the reinvented two thousand twelve camera. It's ready, 718 00:37:57,640 --> 00:37:58,080 Speaker 1: are you