Probate is such a scam. When my uncle Reg died it took like 3 years to get
everything distributed even though nobody challenged anything.
As far as I can tell the whole probate process exists to enrich probate lawyers.
-Curt
On Saturday, November 14, 2020, 7:31:25 PM EST, OK Don via Mercedes
<[email protected]> wrote:
When my father died in 2012, I was the trustee. Probate took a little more
than a year before I could disburse the funds to my siblings. The lawyer
who helped us with the probate process (an old friend) recommended that we
get a trust in place to save our kids from the probate hassle. even with
the "old friend" discount, getting a trust in place, turn-key, with another
lawyer cost almost exactly the same as the probate process, and it's all
paid in advance - no cost to our kids to execute the instructions in the
trust - even the lawyer is paid for, should he be needed. I thought it was
a heck of a deal.
On Sat, Nov 14, 2020 at 5:55 PM Scott Ritchey via Mercedes <
[email protected]> wrote:
> Thank you all for your kind thoughts.
> Peter, good idea on the trust. My mother did that and it might make sense
> for me too.
>
> -----Original Message-----
> From: Mercedes On Behalf Of Peter Frederick via Mercedes
> Sent: Saturday, November 14, 2020 4:53 PM
> To: Mercedes Discussion List <[email protected]>
> Cc: Peter Frederick <[email protected]>
> Subject: Re: [MBZ] OT: A Life Lesson
>
> So sorry to hear about your wife's passing. It's never fun. My Mom is
> almost 97, so it's only a matter of time.
>
> I recommend talking to an estate attorney once you have things settled. It
> is far better to have a trust set up than to go through probate, to say
> nothing of less expensive. There are also advantages if you need home
> health care in the future. A friend of mine had one heck of a time when
> her
> father passed away (an estate attorney who didn't set up his own....) and
> got everything put the way she wanted it. When she unexpectedly passed
> away
> 5 years ago everything went fine other than the fact that we all lost her.
>
> Peter
> _______________________________________
> http://www.okiebenz.com
>
> To search list archives http://www.okiebenz.com/archive/
>
> To Unsubscribe or change delivery options go to:
> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
>
>
>
> _______________________________________
> http://www.okiebenz.com
>
> To search list archives http://www.okiebenz.com/archive/
>
> To Unsubscribe or change delivery options go to:
> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
>
>
--
OK Don
"Whenever you find yourself on the side of the majority, it is time to
pause and reflect." Mark Twain
“Basic research is what I’m doing when I don’t know what I am doing.” Wernher
Von Braun
2013 F150, 18 mpg
2017 Subaru Legacy, 30 mpg
1957 C182A, 12 mpg - but at 150 mph!
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
