Regarding an estate, my grandfather told my father that if there was anything left, it would be the consequence of a serious miscalculation.
LOL! Sounds like grandpa had it planned right. I figure that leaving too much to my son takes away the opportunity for him to have pride in what he himself can accomplish. Can you even imagine the members of the great generation talking about their inheritance from their parents? Sad what we've become.
Can you even imagine the members of the great generation talking about their inheritance from their parents? Sad what we've become.
My experience with my clients the last 5 years is that the only kids who don't want Mom and Dad to get a RM are the worthless ones. Most want Mom and Dad to enjoy their senior years. Because most RM's are gummint insured the kids can never owe more than the house is worth when the folks are gone.
posted on 03/25/2009 2:49:33 PM PDT
by RVN Airplane Driver
("To be born into freedom is an accident; to die in freedom is an obligation..)
I really don't care much either way. When my dad passed on, my sister urged my mom to sell her house and buy a smaller one near my sisters house. My sister plundered, gave away or sold most of the household contents in that process. That was accomplished without my knowledge and over my mom's objections. I drove 925 miles to San Diego to ensure my mom was set up comfortably in the new house before I was even aware of what happened. It was too late by the time I arrived. I made sure she was functional in the new house and drove directly back to Idaho.
posted on 03/25/2009 3:47:30 PM PDT
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