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A Chicago Man Quietly Left Behind $11 Million — The Largest Unclaimed Estate In American History
Block Club Chicago ^ | 24 Oct 2022 | Mack Liederman

Posted on 10/24/2022 10:03:53 AM PDT by DUMBGRUNT

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To: DUMBGRUNT

All that work and now some bureaucrats and lawyers will piss it all away.

Sadly, $11 million is no longer a fortune.


21 posted on 10/24/2022 10:21:07 AM PDT by Sequoyah101
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To: DUMBGRUNT
"divided among 119 distant relatives"

Wow. Certainly I must be a distant cousin or something.

22 posted on 10/24/2022 10:21:37 AM PDT by plain talk
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To: caver

> And a bunch of undeserving relatives.

Deserve has got nothing to do with it. ;-)


23 posted on 10/24/2022 10:23:18 AM PDT by glorgau
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To: caver
And a bunch of undeserving relatives.

Better them than the government. I spent a year in law school in the 80s, and one of the profs openly promoted doing away with inheritance as a dead man has no possession and no interest in his estate anymore. I am sure there are more like him by now.
24 posted on 10/24/2022 10:23:41 AM PDT by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: Doctor Congo

I’m his illegitimate son he had with a prostitute in Slidell back in the 1960’s. We have to share.


25 posted on 10/24/2022 10:24:09 AM PDT by packagingguy
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To: chajin

Yup, I’ve seen it all to many times before. A lifetime of accumulation of treasures that will be problem junk for someone else to get rid of. It is all truly vaporware and vanity.

Some guy I knew was fretting about what would happen to his stuff when he died. I scoffed that he would be dead and it would not matter one whit what happened to his stuff.

Stuff is like knowledge, it is only important if you understand the back story.


26 posted on 10/24/2022 10:25:26 AM PDT by Sequoyah101
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To: DUMBGRUNT
As I near 70, I can tell you that despite a B.A. in Business and an M.S. in Systems Mgmt. I put off formal estate planning for far too long.

Between a sense of "I'll have time to do that later.", and other priorities, its too easy to put off.

None are guaranteed another breath.

27 posted on 10/24/2022 10:25:28 AM PDT by G Larry (Population Control means Killing Billions, not "limiting growth".)
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To: SamAdams76

Might have bought a ton of Microsoft, Amazon, etc years ago.


28 posted on 10/24/2022 10:27:13 AM PDT by Bonemaker (invictus maneo)
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To: seowulf

The lawyer cut seems to be about $3,800,000 leaving about $60,000 per heir.

My stuff is in a trust so the lawyers and judges just get to watch my heirs walk away instead of taking it all like they did my in-laws money.

I’ve left instructions to burn everything if they lawyers get near it.


29 posted on 10/24/2022 10:29:45 AM PDT by Sequoyah101
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To: DUMBGRUNT

Uncle Joe!
Sorry I lost touch, been busy, donchaknow...


30 posted on 10/24/2022 10:30:28 AM PDT by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
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To: glorgau

That’s true!


31 posted on 10/24/2022 10:31:00 AM PDT by caver
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To: Sequoyah101
Spend it while you are alive to spend it. That's what I say.

People worry too much about dying broke. That's actually what you should be aiming for. Sure, leaving money to your kids sounds nice but you just know they are going to blow it on sports cars, RVs, vacations, boats, etc.

So why don't YOU do all those things instead with your hard earned savings!

32 posted on 10/24/2022 10:31:34 AM PDT by SamAdams76 (4,353,227 active user on Truth Social)
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To: DUMBGRUNT
And if any of the 119 contests, WHEE! Jarndyce and Jarndyce in Bleak House will be nothing compared to tihs.
33 posted on 10/24/2022 10:33:34 AM PDT by decal (They won't stop, so they'll have to be stopped)
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To: SamAdams76

“he didn’t have a wife or kids”

There is the secret.

No wife, no 50% divorce.

No kids to pay for college, etc.

“Send lawyers, guns and money, Dad get me out of this.”


34 posted on 10/24/2022 10:35:13 AM PDT by woodbutcher1963
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To: DUMBGRUNT

I wonder if he had an investment advisor, because if he did I’d fire him.


35 posted on 10/24/2022 10:36:43 AM PDT by 1Old Pro
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To: SamAdams76
People worry too much about dying broke.

I don't worry about dying broke. I worry about living broke. I've watched someone close to me go from bankruptcy to bankruptcy, living on the financial edge always. There are several reasons it was like this, but one of them was using the quick fleeting 'happiness' of buying something to soothe life. It only made life harder.

36 posted on 10/24/2022 10:40:45 AM PDT by neverevergiveup
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To: Betty Jane
7 kids in the family and not one had kids. That’s the saddest part.

The silver lining might far outweigh the cloud. Those who recognized such things as mental illness and are determined not to pass it on are to be lauded. The fact all of them had no kids points to something very wrong in their lives growing up.

Joseph Stancak may have focused on numbers and patterns as a means of dealing with trauma. He may have helped his siblings and since he was the last one left may have inherited all of their wealth as well.

37 posted on 10/24/2022 10:41:44 AM PDT by T.B. Yoits
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To: FamiliarFace

It wouldn’t be czechs anymore, it would be dvirect dzeposits


38 posted on 10/24/2022 10:43:44 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: jagusafr

Good luck! What is the administrator’s fee in your state?


39 posted on 10/24/2022 10:50:32 AM PDT by gloryblaze
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To: Doctor Congo

Oh no, he’s my uncle!


40 posted on 10/24/2022 10:51:15 AM PDT by Rennes Templar (Come back, President Trump.)
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