I have an inking and I am pretty sure you are right but I can't
explain it any better. Best google search term I can think of is
"living trust."

On Nov 6, 2007 7:59 AM, Erika L. Walker <[EMAIL PROTECTED]> wrote:
> Just an aside - and of course im not a lawyer - but is she really wants to
> leave "everything" to your family ... she can do so in "life". I think she
> can give everything to a "trust" right now and make you the executor,
> pre-death. This rules out any chance of the "family" fighting it. My
> terminology is a bit off and without spending too much time I really do not
> have right now (I shouldnt be checking community emails anyway) this is what
> I remember from looking it up a while ago when I was researching living
> trusts, etc.
>
> In fact they are tax shelters and your kids may save a lot of estate taxes
> if she thinks about doing things that way instead.
>
> YMMV and just FYI, but maybe something to look into.
>
> Someone else here might have an inkling of what I am talking about ...
>
> On 11/5/07, Jim Davis <[EMAIL PROTECTED]> wrote:
> >
> >
> > Her wife (my other mother-in-law?) is leaving everything to my kids and
> > there's already some talk that her family (who disowned her long ago)
> > might
> > fight it (she has several dozen acres of land in a prime area a bit to the
> > north of NYC).
> >
> > I think we'll be having lots of legal fun in a few years (hopefully
> > longer).
> >
> >
>
>
> 

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