Dude that is so cool...you have a very cool uncle.
Yes, I know. I have the most bestest uncle EVER!
Dude that is so cool...you have a very cool uncle.
I'd be happy to take ownership of your firearms when you kick the can Mr Snorko....When my maternal grandmother passed I and a cousin (the two youngest of the families) received notice that we were the beneficiaries of a life insurance policy from one of her previous employers. We didn't know if it would be enough to buy a car or get a carwash. Ended up being around $500 each. We each took our families out to dinner to celebrate her life.
For me personally though, it will get interesting. I am single, on the wrong side of 50, and have no children. My nieces and nephews have successful parents and as hard as I try to get my folks to spend their money, the five kids will all share a bit. I don't plan or think about it though. Having said that, I am having fun planning on my demise and dispersal of my estate. I am not rich by any means but will have funds to give away. I am planning on establishing a couple scholarships in my parents' names (they were both educators), with the bulk of the rest going to various local charities.
I'd be happy to take ownership of your firearms when you kick the can Mr Snorko....
Read the will to family before you die if you’re going to not divide evenly. Why poison the next generation after you’re Gone?
I'm gonna go out on a limb here and say my obit will say funeral at 11, auction will follow.
my sister has made sure our mother has nothing . when the day comes , I'll see her at moms funeral. I've arranged to have word get out about the "life insurance" policy she had that no one knew about . With it being for only myself and our other sister . there isn't one . We will then sit back and wait . There are 3 siblings that will come apart at the seams wanting their share.
That is mean and fabulous at the same time.
As it stand right now - I'm not counting on receiving anything. That way if I DO, it'll be a very nice bonus.
when Mom passed 7 years ago, it was very unexpected. Nothing was planned, no will, nothing. Dad took control and got plots, planned the funeral and paid for it all.
After the pain had settled some from the loss, I sat Dad down and asked him to please get things in order, will, copies of insurance, deed to the house etc. He has done this, my brother and I are the executors.
I can say now, nothing will bring me comfort when he passes, not the money, the house, nothing. Since making the will and paying for his funeral arrangements, he signed paperwork to donate his body to a local university. I pray I don't have to worry about any of this for a very long time, but he's 76 this year, it's inevitable.
Quick note: Be sure that the local university will take him. Make sure you have plan B ready to go. Only a small % of bodies donated will be accepted.