Re: [MBZ] OT: A Life Lesson
My mom and dad divorced in 1965, and my mom died in 1969. Pops got remarried in 1971 (when I was 11 years old) and this woman, from the get-go, was the epitome of evil stepmother. Awful woman. Anywho, she evolved into an awful grandmother. She was mean to my kids once. She has always ignored them. No birthday gifts, no Christmas gifts. Never. Ever. I always figured she has persuaded my dad to rewrite his will so I get nada (the old man likely has the first dollar he ever earned). I was over that, but thought it was a shame my kids couldn’t get some of grandpa’s millions. A couple of Christmas’ ago I randomly got a $3000 check from him, written from some Rentfro Family Trust, telling me to cash it and give each grandkid a grand. Come to find out, that following summer, that he sent that without the old bat knowing, my sister told me, and she was pissed. I asked my dad what this trust was all about and he abruptly told me it was none of my concern and not to worry about it. I reminded him I am a Rentfro, this says “Rentfro Family Trust”...and then he gave me that look that made me feel 12 years old again and I knew we couldn’t talk about it. I’m sure my younger half sister and my sister ( who has kissed up to Fifi in her twilight years) will get all his money. Bob R Sent from my iPad > On Nov 16, 2020, at 11:18 AM, Dan Penoff via Mercedes > wrote: > > My Mom and Dad had an irrevocable trust. My brother was the administrator. > Couldn’t have picked a better one, as he’s a corporate banker and very “black > and white” when it comes to marching orders. When my Mom passed the trust was > terminated and the assets distributed to us kids. > > As I understood it, Dad formed the trust primarily to hold title to their > real estate holdings, some that were outside the U.S. Not exactly sure what > the ramifications were, but knowing my Dad there was a good reason. > > -D > >>> On Nov 16, 2020, at 12:54 PM, Jim Cathey via Mercedes >>> wrote: >>> >>> Next, pick the Trustee carefully, and each successor Trustee, during the >>> life of the trust. >> >> Absolutely. You are effectively choosing a monarch, which works great >> until you get a bad one. >> >> -- Jim >> >> >> ___ >> 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 > ___ 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
Re: [MBZ] OT: A Life Lesson
My Mom and Dad had an irrevocable trust. My brother was the administrator. Couldn’t have picked a better one, as he’s a corporate banker and very “black and white” when it comes to marching orders. When my Mom passed the trust was terminated and the assets distributed to us kids. As I understood it, Dad formed the trust primarily to hold title to their real estate holdings, some that were outside the U.S. Not exactly sure what the ramifications were, but knowing my Dad there was a good reason. -D > On Nov 16, 2020, at 12:54 PM, Jim Cathey via Mercedes > wrote: > >> Next, pick the Trustee carefully, and each successor Trustee, during the >> life of the trust. > > Absolutely. You are effectively choosing a monarch, which works great > until you get a bad one. > > -- Jim > > > ___ > 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
Re: [MBZ] OT: A Life Lesson
> Next, pick the Trustee carefully, and each successor Trustee, during the > life of the trust. Absolutely. You are effectively choosing a monarch, which works great until you get a bad one. -- Jim ___ 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
Re: [MBZ] OT: A Life Lesson
Three generations ago, my family formed a Private Irrevocable Trust and placed all assets into that trust. A family member has always served as Trustee of the Private Irrevocable Trust which owns land, properties, businesses, and liquid assets. In three generations, family members have died, married, had children, etc etc We have never had to deal with probate because the Trust owns the assets, the family members do not lose their standing as beneficiaries of the Trust when a parent or spouse passes. The key word is "Irrevocable" which places a legal status on the trust that is honored by Courts, IRS, and Government. Pick the Lawyer who drafts that kind of trust for you very carefully. Most do not know how. Plus, they get paid once to draft the trust, and do not get a "piece of everything thereafter" for managing the trust.. The key word is "Private"... Next, pick the Trustee carefully, and each successor Trustee, during the life of the trust. What has been saved in estate taxes and probate fees, in three generations, far more than offsets the cost of forming the trust, and maintaining it. On Sun, Nov 15, 2020 at 5:49 PM Curt Raymond via Mercedes < mercedes@okiebenz.com> wrote: > I'm an only child which prevents a lot of problems. That said dad and I > own the farm as a joint tenancy so should either of us pass on full > ownership just reverts to the other. > Recently with the purchasing of the new farm my mother asked dad "What if > Angie divorces him?" To which my father replied "We like her better anyway." > *sigh* > > -Curt > > On Saturday, November 14, 2020, 4:53:58 PM EST, Peter Frederick via > Mercedes wrote: > > 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 > > ___ 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
Re: [MBZ] OT: A Life Lesson
I am the executor of my father's will. This was known by all parties concerned for years before it became operative. So far it's been totally painless, and cost-less. I'm sure it varies from State to State. Still remaining, though, is to slice up the farm. I really need to get on that little task. -- Jim ___ 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
Re: [MBZ] OT: A Life Lesson
The purpose of Probate is to let the court verify the Will. Unfortunately, Estates bring out the worst in many families. It is important that the Will of the deceased be reviewed by someone impartial in order to verify that it is a legitimate Will and that the party applying to administer the Estate is the proper person. Similarly, with intestate matters. Only certain people are eligible to apply for Administration, and they have to have the approval of anyone with an equal right to be and Administrator. Manitoba just stopped collecting court filing fees for Estates. Prior to that it was $7 per $1,000 of asset value, so a little under 3/4 of 1%. RB On 15/11/2020 6:56 PM, Curt Raymond via Mercedes wrote: 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 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 < mercedes@okiebenz.com> 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 Cc: Peter Frederick 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
Re: [MBZ] OT: A Life Lesson
SWMBA is a lawyer. She does not seem very enriched to herself, as she claims being deprived of man bits leads to less enriching. She seems more enriched than I am. I think her agitating for more enrichment of diverse populations of ambulance chasers could lead to enrichments at a much later date. It is not at all a source of current or mid-term enriching. There are a vast cadre of lawyer pursuing “justice” who will not see any enrichment unless they switch to representing people/corporations with large hordes of enriched funds. I think the justice league are in it for brownie points and to feel self smug that all that hard work is leaving them living in poverty and consuming nutrients that food eats. Clay inter urinas et faeces nascimur > On Nov 15, 2020, at 4:00 PM, Dan Penoff via Mercedes > wrote: > > Is there anything that involves a lawyer that doesn’t enrich them? > > Where’s Gay Larry when you need him? > > -D > >> On Nov 15, 2020, at 7:56 PM, Curt Raymond via Mercedes >> wrote: >> >> 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 >> 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 < >> mercedes@okiebenz.com> 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 >>> Cc: Peter Frederick >>> 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: >
Re: [MBZ] OT: A Life Lesson
Is there anything that involves a lawyer that doesn’t enrich them? Where’s Gay Larry when you need him? -D > On Nov 15, 2020, at 7:56 PM, Curt Raymond via Mercedes > wrote: > > 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 > 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 < > mercedes@okiebenz.com> 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 >> Cc: Peter Frederick >> 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 > ___ 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
Re: [MBZ] OT: A Life Lesson
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 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 < mercedes@okiebenz.com> 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 > Cc: Peter Frederick > 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
Re: [MBZ] OT: A Life Lesson
I'm an only child which prevents a lot of problems. That said dad and I own the farm as a joint tenancy so should either of us pass on full ownership just reverts to the other. Recently with the purchasing of the new farm my mother asked dad "What if Angie divorces him?" To which my father replied "We like her better anyway." *sigh* -Curt On Saturday, November 14, 2020, 4:53:58 PM EST, Peter Frederick via Mercedes wrote: 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
Re: [MBZ] OT: A Life Lesson
Our trust with full population (title and deed transfers, etc.) and lifetime support - updates, walking the kids through the final process - was $2500. On Sun, Nov 15, 2020 at 5:10 AM Dan Penoff via Mercedes < mercedes@okiebenz.com> wrote: > Plain probate. Wills, durable power of attorneys, etc., etc. There’s far > more to it, but in general it’s what most people need for it to be done > right. And that’s for a couple (two people.) He does a complete review of > assets and how they’re held, gets all the familia details down, inventory > of property, etc., etc. It’s pretty thorough. > > A trust is about twice that much or more depending on how complicated it > will be. > > I don’t know how competitive the costs are compared to other attorneys - > our guy is both a probate and tax attorney, which is why we chose him. I > suspect if you do it with someone who practices only in probate it might be > a little cheaper, but in the long run, who cares if you want to be sure > things are right? > > -D > > > On Nov 15, 2020, at 3:17 AM, archer75--- via Mercedes < > mercedes@okiebenz.com> wrote: > > > > > > Dan wrote: > > > >> We have a trust set up in order to essentially bypass probate and > convey all of our belongings, etc., to our children upon our passing. > However, I would warn anyone considering a trust that they can be expensive > and complex to set up. Our probate attorney typically doesn’t recommend > them unless you’ve got more than $500k in assets. We didn’t when ours was > set up, but it’s how we wanted things done, so we bit the bullet and spent > the money for peace of mind. > >> > >> To give you an idea, our probate attorney charges about $2k to do a > husband and wife’s wills, durable power of attorney, and all the related > paperwork. He has a 25 page form you have to fill out in advance of him > doing any of the work, and you meet at least once after the form is turned > in to review everything. Don’t rely on a “do it yourself” will or something > like that, as it’s not worth the potential headaches it could cause for > your heirs. We’re comfortable that things will go as we want them to when > we’re gone. > >> -D > > > > Is that $2K for probate or a trust? > > THanks, > > Gerry > > > > > > -- > > This email has been checked for viruses by AVG. > > https://www.avg.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 > > > > > ___ > 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
Re: [MBZ] OT: A Life Lesson
In Indiana probate is 20% of assets not directly transferred via a trust or joint ownership. 2k is pretty cheap to avoid that. 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
Re: [MBZ] OT: A Life Lesson
Plain probate. Wills, durable power of attorneys, etc., etc. There’s far more to it, but in general it’s what most people need for it to be done right. And that’s for a couple (two people.) He does a complete review of assets and how they’re held, gets all the familia details down, inventory of property, etc., etc. It’s pretty thorough. A trust is about twice that much or more depending on how complicated it will be. I don’t know how competitive the costs are compared to other attorneys - our guy is both a probate and tax attorney, which is why we chose him. I suspect if you do it with someone who practices only in probate it might be a little cheaper, but in the long run, who cares if you want to be sure things are right? -D > On Nov 15, 2020, at 3:17 AM, archer75--- via Mercedes > wrote: > > > Dan wrote: > >> We have a trust set up in order to essentially bypass probate and convey all >> of our belongings, etc., to our children upon our passing. However, I would >> warn anyone considering a trust that they can be expensive and complex to >> set up. Our probate attorney typically doesn’t recommend them unless you’ve >> got more than $500k in assets. We didn’t when ours was set up, but it’s how >> we wanted things done, so we bit the bullet and spent the money for peace of >> mind. >> >> To give you an idea, our probate attorney charges about $2k to do a husband >> and wife’s wills, durable power of attorney, and all the related paperwork. >> He has a 25 page form you have to fill out in advance of him doing any of >> the work, and you meet at least once after the form is turned in to review >> everything. Don’t rely on a “do it yourself” will or something like that, as >> it’s not worth the potential headaches it could cause for your heirs. We’re >> comfortable that things will go as we want them to when we’re gone. >> -D > > Is that $2K for probate or a trust? > THanks, > Gerry > > > -- > This email has been checked for viruses by AVG. > https://www.avg.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 > ___ 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
Re: [MBZ] OT: A Life Lesson
Dan wrote: > We have a trust set up in order to essentially bypass probate and convey all > of our belongings, etc., to our children upon our passing. However, I would > warn anyone considering a trust that they can be expensive and complex to set > up. Our probate attorney typically doesn’t recommend them unless you’ve got > more than $500k in assets. We didn’t when ours was set up, but it’s how we > wanted things done, so we bit the bullet and spent the money for peace of > mind. > > To give you an idea, our probate attorney charges about $2k to do a husband > and wife’s wills, durable power of attorney, and all the related paperwork. > He has a 25 page form you have to fill out in advance of him doing any of the > work, and you meet at least once after the form is turned in to review > everything. Don’t rely on a “do it yourself” will or something like that, as > it’s not worth the potential headaches it could cause for your heirs. We’re > comfortable that things will go as we want them to when we’re gone. > -D Is that $2K for probate or a trust? THanks, Gerry -- This email has been checked for viruses by AVG. https://www.avg.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
Re: [MBZ] OT: A Life Lesson
That is the real beauty of a trust. Everything is pretty much transparent to the heirs, and it’s a fairly simple matter for the trustee to execute the process for probate. -D > On Nov 14, 2020, at 7:30 PM, OK Don via Mercedes > 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 < > mercedes@okiebenz.com> 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 >> Cc: Peter Frederick >> 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
Re: [MBZ] OT: A Life Lesson
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 < mercedes@okiebenz.com> 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 > Cc: Peter Frederick > 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
Re: [MBZ] OT: A Life Lesson
We have a trust set up in order to essentially bypass probate and convey all of our belongings, etc., to our children upon our passing. However, I would warn anyone considering a trust that they can be expensive and complex to set up. Our probate attorney typically doesn’t recommend them unless you’ve got more than $500k in assets. We didn’t when ours was set up, but it’s how we wanted things done, so we bit the bullet and spent the money for peace of mind. To give you an idea, our probate attorney charges about $2k to do a husband and wife’s wills, durable power of attorney, and all the related paperwork. He has a 25 page form you have to fill out in advance of him doing any of the work, and you meet at least once after the form is turned in to review everything. Don’t rely on a “do it yourself” will or something like that, as it’s not worth the potential headaches it could cause for your heirs. We’re comfortable that things will go as we want them to when we’re gone. -D > On Nov 14, 2020, at 6:55 PM, Scott Ritchey via Mercedes > 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 > Cc: Peter Frederick > 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 > ___ 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
Re: [MBZ] OT: A Life Lesson
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 Cc: Peter Frederick 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
Re: [MBZ] OT: A Life Lesson
On Sat, 14 Nov 2020 15:23:46 -0500 Scott Ritchey via Mercedes wrote: > Emergency surgery (within hours) repaired the damage but she > died later that day. The suddenness of her death stunned me. I'm very sorry to hear of your loss, Scott. May the Lord draw you to Himself and comfort you. Craig ___ 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
Re: [MBZ] OT: A Life Lesson
My deepest sympathies to you and your family, Scott, and thanks for the suggestions. Gerry > > On Nov 14, 2020, at 2:24 PM, Scott Ritchey via Mercedes > > wrote: > > > > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > > was in generally good health but experienced nausea a few times a month > > after dinner, which usually passed in a few hours or by morning. Two weeks > > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > > showed her stomach had twisted and moved in a way that stopped blood flow to > > part of her stomach; that tissue died and ruptured. Emergency surgery > > (within hours) repaired the damage but she died later that day. The > > suddenness of her death stunned me. > > > > > > > > I learned a few things. My wife's final wishes were well known (to me and > > our children) and she wrote her complete eulogy, obituary, and memorial > > service 10 years ago. This made "first things" incredibly easy. Almost all > > of our assets have survivor rights or named beneficiaries and my wife's will > > makes me executor which simplifies many things too. > > > > > > > > But the lesson is that life is fragile. The end can come suddenly with no > > warning. You will do your family a huge favor by making provisions for > > final arrangements and financial management. In my own family (a previous > > generation) surviving siblings severed ties for life because of a > > disagreement over funeral arrangements. > > > > > > > > Personally, I will now make pre-need final arrangements and also hire a > > trusted local professional to execute my will. > > > > > > > > Scott > > > > ___ > > 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 > -- arche...@embarqmail.com -- This email has been checked for viruses by AVG. https://www.avg.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
Re: [MBZ] OT: A Life Lesson
So sorry to hear that Scott. My sincerest condolences. Sent from my iPhone > On Nov 14, 2020, at 3:24 PM, Scott Ritchey via Mercedes > wrote: > > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > was in generally good health but experienced nausea a few times a month > after dinner, which usually passed in a few hours or by morning. Two weeks > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow to > part of her stomach; that tissue died and ruptured. Emergency surgery > (within hours) repaired the damage but she died later that day. The > suddenness of her death stunned me. > > > > I learned a few things. My wife's final wishes were well known (to me and > our children) and she wrote her complete eulogy, obituary, and memorial > service 10 years ago. This made "first things" incredibly easy. Almost all > of our assets have survivor rights or named beneficiaries and my wife's will > makes me executor which simplifies many things too. > > > > But the lesson is that life is fragile. The end can come suddenly with no > warning. You will do your family a huge favor by making provisions for > final arrangements and financial management. In my own family (a previous > generation) surviving siblings severed ties for life because of a > disagreement over funeral arrangements. > > > > Personally, I will now make pre-need final arrangements and also hire a > trusted local professional to execute my will. > > > > Scott > > ___ > 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
Re: [MBZ] OT: A Life Lesson
So saddened to learn of her passing. Hard lesson to learn. My parents did as your wife had many years ago. Pretty much contactless process for those left to mourn. Clay inter urinas et faeces nascimur ___ 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
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
Re: [MBZ] OT: A Life Lesson
Thanks for sharing Scott, that is indeed two very valuable lessons. I'm guilty of not writing these thing down and making these final wishes known, the reminder is appreciated. Please accept my condolences for your loss, Max Dillon Charleston SC Nov 14, 2020 3:24:35 PM Scott Ritchey via Mercedes : > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > was in generally good health but experienced nausea a few times a month > after dinner, which usually passed in a few hours or by morning. Two weeks > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow to > part of her stomach; that tissue died and ruptured. Emergency surgery > (within hours) repaired the damage but she died later that day. The > suddenness of her death stunned me. > > I learned a few things. My wife's final wishes were well known (to me and > our children) and she wrote her complete eulogy, obituary, and memorial > service 10 years ago. This made "first things" incredibly easy. Almost all > of our assets have survivor rights or named beneficiaries and my wife's will > makes me executor which simplifies many things too. > > But the lesson is that life is fragile. The end can come suddenly with no > warning. You will do your family a huge favor by making provisions for > final arrangements and financial management. In my own family (a previous > generation) surviving siblings severed ties for life because of a > disagreement over funeral arrangements. > > Personally, I will now make pre-need final arrangements and also hire a > trusted local professional to execute my will. > > Scott > > ___ > 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
Re: [MBZ] OT: A Life Lesson
Dang sorry to hear that. I have also leaned full well this week that life of fragile. Even to those of us who are healthy it can all change in an instant. Sent from my iPhone > On Nov 14, 2020, at 2:24 PM, Scott Ritchey via Mercedes > wrote: > > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > was in generally good health but experienced nausea a few times a month > after dinner, which usually passed in a few hours or by morning. Two weeks > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow to > part of her stomach; that tissue died and ruptured. Emergency surgery > (within hours) repaired the damage but she died later that day. The > suddenness of her death stunned me. > > > > I learned a few things. My wife's final wishes were well known (to me and > our children) and she wrote her complete eulogy, obituary, and memorial > service 10 years ago. This made "first things" incredibly easy. Almost all > of our assets have survivor rights or named beneficiaries and my wife's will > makes me executor which simplifies many things too. > > > > But the lesson is that life is fragile. The end can come suddenly with no > warning. You will do your family a huge favor by making provisions for > final arrangements and financial management. In my own family (a previous > generation) surviving siblings severed ties for life because of a > disagreement over funeral arrangements. > > > > Personally, I will now make pre-need final arrangements and also hire a > trusted local professional to execute my will. > > > > Scott > > ___ > 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
Re: [MBZ] OT: A Life Lesson
So sorry to hear about your wife, I’m sure it has been difficult for you losing her. On a related note, this same thing happened to one of my poodles a coupla years ago, blood flow to his esophagus was cut off when his stomach flipped and it necrotized very quickly. The docs were not able to save him even though I got him to them within a couple hours of noticing his behavior was off. This is fairly common in standard poodles and some other large dog breeds but I had no idea It could happen to humans. Again so sorry for your loss and thanks for the excellent reminders. --FT Sent from iPhone > On Nov 14, 2020, at 3:24 PM, Scott Ritchey via Mercedes > wrote: > > A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow to > part of her stomach; that tissue died and ruptured. ___ 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
Re: [MBZ] OT: A Life Lesson
I’m so sorry to hear that, Scott. Please accept my condolences. While it’s little consolation, it’s good to know things were set up in advance so as to minimize the hassle and confusion that often occurs when a loved one passes. It’s important to make sure the family knows your wishes in advance, as people often think a will takes care of this. It does not. Wills don’t come into play until well after one passes in most cases. We both have very detailed instructions for what is to occur upon our passing. There are the legal things that our attorney has taken care of as well as more informal things we’ve written down and put in a place easily accessible to each other and our children. Once these are done it’s easy to maintain them should anything change. We had a similar situation in a previous generation where a surviving sibling who was not included in their sister’s estate tied things up in court for several years and got almost nothing when it was all said and done. Ironically, they were a very successful business owner who had no need for the money - the only people who made out well in that situation were the probate attorneys. -D > On Nov 14, 2020, at 3:23 PM, Scott Ritchey via Mercedes > wrote: > > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > was in generally good health but experienced nausea a few times a month > after dinner, which usually passed in a few hours or by morning. Two weeks > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow to > part of her stomach; that tissue died and ruptured. Emergency surgery > (within hours) repaired the damage but she died later that day. The > suddenness of her death stunned me. > > > > I learned a few things. My wife's final wishes were well known (to me and > our children) and she wrote her complete eulogy, obituary, and memorial > service 10 years ago. This made "first things" incredibly easy. Almost all > of our assets have survivor rights or named beneficiaries and my wife's will > makes me executor which simplifies many things too. > > > > But the lesson is that life is fragile. The end can come suddenly with no > warning. You will do your family a huge favor by making provisions for > final arrangements and financial management. In my own family (a previous > generation) surviving siblings severed ties for life because of a > disagreement over funeral arrangements. > > > > Personally, I will now make pre-need final arrangements and also hire a > trusted local professional to execute my will. > > > > Scott > > ___ > 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
Re: [MBZ] OT: A Life Lesson
So sorry that you learned that lesson. On Sat, Nov 14, 2020 at 2:24 PM Scott Ritchey via Mercedes < mercedes@okiebenz.com> wrote: > SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she > was in generally good health but experienced nausea a few times a month > after dinner, which usually passed in a few hours or by morning. Two weeks > ago she got sicker and sicker until she agreed to go to the ER. A CT scan > showed her stomach had twisted and moved in a way that stopped blood flow > to > part of her stomach; that tissue died and ruptured. Emergency surgery > (within hours) repaired the damage but she died later that day. The > suddenness of her death stunned me. > > > > I learned a few things. My wife's final wishes were well known (to me and > our children) and she wrote her complete eulogy, obituary, and memorial > service 10 years ago. This made "first things" incredibly easy. Almost > all > of our assets have survivor rights or named beneficiaries and my wife's > will > makes me executor which simplifies many things too. > > > > But the lesson is that life is fragile. The end can come suddenly with no > warning. You will do your family a huge favor by making provisions for > final arrangements and financial management. In my own family (a previous > generation) surviving siblings severed ties for life because of a > disagreement over funeral arrangements. > > > > Personally, I will now make pre-need final arrangements and also hire a > trusted local professional to execute my will. > > > > Scott > > ___ > 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
[MBZ] OT: A Life Lesson
SWMBO recently turned 90 (I'm a few years behind). Except for A-Fib, she was in generally good health but experienced nausea a few times a month after dinner, which usually passed in a few hours or by morning. Two weeks ago she got sicker and sicker until she agreed to go to the ER. A CT scan showed her stomach had twisted and moved in a way that stopped blood flow to part of her stomach; that tissue died and ruptured. Emergency surgery (within hours) repaired the damage but she died later that day. The suddenness of her death stunned me. I learned a few things. My wife's final wishes were well known (to me and our children) and she wrote her complete eulogy, obituary, and memorial service 10 years ago. This made "first things" incredibly easy. Almost all of our assets have survivor rights or named beneficiaries and my wife's will makes me executor which simplifies many things too. But the lesson is that life is fragile. The end can come suddenly with no warning. You will do your family a huge favor by making provisions for final arrangements and financial management. In my own family (a previous generation) surviving siblings severed ties for life because of a disagreement over funeral arrangements. Personally, I will now make pre-need final arrangements and also hire a trusted local professional to execute my will. Scott ___ 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
