Posted: 5/23/2013 5:30:01 PM EDT
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You get screwed up as bad as Ndenway? Do you have a legally authorized representative in case you are incapacitated?
I'm not married and only have my mom and dad. I've been thinking about this since I wrapped my Toyota Tacoma around a telephone pole last November. I still have not set anything up. My dad was cracking on me to get it done this afternoon. I am going to do it soon. If you haven't done it, you should. |
| I've thought about it and have some things in mind as far as what I'd want to go to who. I've seen too many times that the family and extended family fight and steal after you're gone. Makes me want to leave it all (what little I have) to an animal shelter and say screw all of them. |
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My dad says theft is common even with a professional trustee. I remember a professor at SMU in Dallas relieving my great-aunt's estate of $900K without any explanation. When pressed by dad, the professor gave him a tax return minus half the schedules. It looks like he padded her estate with a lot of bogus expenses he pocketed.
Dad hit up LE in Dallas about it but nobody wanted to touch it. The guy is still doing estates at her church. I know when things are left to the catholic diocese, everything gets locked up and even the family has to bid on anything and everything, from underwear to real estate to family pictures. My old man says he is gonna leave me enough to pay off the funeral but I'd better be careful because the check might bounce. 
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Not an endorsement, I have never used them, I went through a local attorney for a somewhat complicated will and all the other documents, it was expensive, Legal Zoom is supposed to be a lot cheaper. Legal Zoom There are lots of others: https://www.google.com/search?q=online+legal+forms&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a |
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Quoted:
I've thought about it and have some things in mind as far as what I'd want to go to who. I've seen too many times that the family and extended family fight and steal after you're gone. Makes me want to leave it all (what little I have) to an animal shelter and say screw all of them. You're a good man 
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Quoted:
My dad says theft is common even with a professional trustee. I remember a professor at SMU in Dallas relieving my great-aunt's estate of $900K without any explanation. When pressed by dad, the professor gave him a tax return minus half the schedules. It looks like he padded her estate with a lot of bogus expenses he pocketed. Dad hit up LE in Dallas about it but nobody wanted to touch it. The guy is still doing estates at her church. I know when things are left to the catholic diocese, everything gets locked up and even the family has to bid on anything and everything, from underwear to real estate to family pictures. My old man says he is gonna leave me enough to pay off the funeral but I'd better be careful because the check might bounce. Your dad is a good guy and smart guy....writing bad checks when nobody can prosecute him..brilliant! How's he doing btw? I didn't want to bother him by asking something he's probably asked all the time. |