Posted on 01/26/2024 6:28:09 PM PST by SeekAndFind
Unused cemetery plots. Next to impossible to sell, and the cemeteries will not purchase them back from the inheritors.
^Although not really an asset. Just money lost on what was paid for them.
I didn’t know the Estate of Sarah Brady controls Kiplinger’s.
I sold five cemetery plots for the same value that my mother paid for them. Did not make any money, but I was not burdened with uselesss pieces of ground.
The liberals (Karens) in the family should not even know of their existence or disposition of…*Oh, dad sold those years ago.
Make it as simple as reasonable and try not to leave a mess. Other than that, you’ll be dead.
There must be some mistake; Dad never owned any firearms.
My double plots were a gift to my husband & myself. All my assets are already jointly owned by my chosen persons. I didn’t want any fights after I pass.
My double plots were a gift to my husband & myself. All my assets are already jointly owned by my chosen persons. I didn’t want any fights after I pass.
Things of sentimental value should be gifted while still living. Pictures and videos can cause problems between heirs. Heirloom personal items could be sold by the executor to pay other bills and not given to the intended beneficiary. Gifting things also avoids taxation usually. Some of this is just common sense, but many people don’t want to think about such things while living.
"6 of the Worst Assets to Inherit"
Patriots need to work with their state lawmakers to get rid of the long arm of the 16th Amendment (direct taxes) to at least keep most of their taxes in the state.
The 17th Amendment (popular voting for federal senators) needs to disappear too.
Potentially valuable collectibles
Whether it’s gold coins,
Gold coins are OK
Putting things in a Will to go through Probate in today’s world a really bad idea, Living Trusts are the way to go and avoid all kind of hassles.
Death resulting in an estate being passed on brings out the absolute WORST in people.
The greed I’ve seen displayed by those family members left behind is simply unbelievable.
mr. mm and I need to really start dealing with stuff, but he is too attached to his parents things. I’m finally reaching the point of letting go of most of it from my family.
AGREE.
I guess I am lucky but my one sister and I worked very well together when both of our parents passed within a couple of months.
We were both determined to make the process as fair and straightforward as possible.
It probably was easier that we both were financially comfortable.
It is a chance to show real class—if folks have any to show...
;-)
My siblings and I did the same when my parents passed, and when my brother passed recently, he left everything to my sister and told us that he did it and why. He said she needed it more than the rest of us, and he was right. But she let us take basically what we wanted, because there wasn’t much any of us wanted anyways.
And he was right. The rest of us don’t need it and I’d rather not have MORE stuff to get rid of than we already do.
Inheritance law has changed a lot in US history.
It used to be, the heir to an estate also inherited any debts. That’s right, you could be on the hook for daddy’s bills after he kicked off.
They did have Debtor’s prisons back then too, which were considered among the worst at the time. They had different kinds of Debtor’s prisons, depending on the nature of the debt - what we would call “unsecured debt” today, like credit accounts, versus real property.
Sometimes I wonder how that dynamic would play out today between family members. I suspect adults, or at least potential heirs would pay much closer attention to their parents finances.
And then there are the hoarders, where the gold jewelry is buried under huge piles of old newspapers and rotting food. There are people who take these jobs on.
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