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trader_4 trader_4 is offline
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Default Wills: "Pay all medical expenses" boiler plate?

On Friday, May 15, 2015 at 2:53:01 PM UTC-4, dpb wrote:
On 05/15/2015 1:13 PM, J Burns wrote:
On 5/15/15 1:52 PM, dpb wrote:

Nothing there has any real urgency and hence the urging of "immediate".
As long as the election is made and the expenses paid within the year,
it's all immaterial as to whether it's the day after or 364 days after.

As trader also says, nothing posited so far providee any reason for such
a clause being included.


1. Medical bills are usually big.

2. Between what's supposed to be billed to insurers and what's supposed
to be reimbursed, medical bills can be complicated to resolve.

3. Substantial items on medical bills may be open to dispute.


All of those are even further reason to absolutely _avoid_ any rush to
immediate action.


+1

Seems if paying medical bills within the one year limit for
tax purposes is the issue, then the more logical thing to do
is just explain that issue in some detail in a letter to the
executor that goes along with the will. That way the executor
understands the issue, knows what the deadline is, can get tax
advice if needed, and proceed accordingly.