Here it is, three weeks into 2017, and I’m starting new. My relationship of twenty years is dissolving. I will be leaving this long term relationship with very little in assets and belongings.
A New Life
As I start this new year, I also start a new life. I will be choosing a new place to live and rebuilding a life alone. The separation is amicable, but we’ve decided its the best option.
I’m going to share my journey as I build a new life. There will be a number of steps to become single again. My list is a little overwhelming, but the best thing to do is start.
Step one is to dissolve the few legal agreements we have between us. Fortunately, I guess, we have never married so dissolving legal entanglements includes our living trusts, medical powers of attorney and wills. Most of this process is simply filing a signed and notarized form. Others will require filing documents to notify the state and the world we are no longer legally obligated to each other.
We have a living trust. That means that the real estate and any other major assets we have put in the trust will pass to one of us upon our death without going through probate. If you’d like to know more about setting up a living trust, you can check it out here.
To cancel the living trust, we have to dissolve it. That means we have to transfer the property title to one person by filing a form with the county where our house is. Then we have to file another form to legally dissolve the trust.
Starting Over Is Scary
Starting over is scary. You go from being with someone to being on your own. It can be wonderful and freeing. It can also be frightening, thinking about all the things you’ll have to figure out by yourself. The best way to do this is just to begin. Solve one problem then the next and the next. Eventually, you will look back and be proud of how you managed to do it by yourself.