Grtechguy wrote:Tommy Suddard wrote: Does he have a Miata?no....a 3.0 Z3
That would do nicely.
Mine are in their 60s.. thankfully I cannot inheret their bills.. because that is all they really own
What JoeyM said. They are just trying to get everything prepared for the eventuality. Doing this well before hand could save time/money. My mom ran into this when dad passed away unexpectantly 10 years ago. She vowed we wouldn't have to put up with that when her time comes. She's a very healthy 73 year old now. She did tell me my youngest sister and I might have problems from my other sister whos the middle child. She thinks she should be in charge of everything. Traditionaly it's usually the oldest - me and the only son but I live the farthest and mom set things up with the youngest sister who lives in the same town. She asked me before she did it, I couldn't argue with the logic and told her fine I'll support whatever decision she makes and make sure it's followed through on.
Don't feel lonesome Lesley. At 51, I'm at least a decade older than his parents and I don't consider myself over the hill yet. Although the kids might. I can do almost everything I could when I was 20, just takes longer and more tools. Not even a grandpa yet, at least not till the first part of May when my first grandkid is due.
SVreX wrote: 60 is aging? Wow. Mine are in their 80's.
hell I'm in my 60's... Mom is 85
most of the "valuable" things around the house have stick on dots on them indicating who wants what... there were some multiple stickers ... the "combatants" got together and resolved those issues seemingly without any problems... all 5 of us get along pretty well
wbjones wrote:SVreX wrote: 60 is aging? Wow. Mine are in their 80's.hell I'm in my 60's... Mom is 85 most of the "valuable" things around the house have stick on dots on them indicating who wants what... there were some multiple stickers ... the "combatants" got together and resolved those issues seemingly without any problems... all 5 of us get along pretty well
That was much the same for my mothers family... Except for the cutco knives, that was an epic battle that people are still sour about (they split up the set)
some of the others got some things I wanted and I'm sure I got some things someone else wanted, but so far not a word has been heard... hope it goes as smoothly when Mom moves on...
My mom is 82, bought her own computer last year and now I'm inundated with forwards of cats and puppies. Thankfully she doesn't send me any of those "troops" forwards, I get enough of those from my mechanic. She just got back from a cruise to Hawaii... she and her friends said the only tough part was getting off the plane with their walkers.
mtn wrote: That was much the same for my mothers family... Except for the cutco knives, that was an epic battle that people are still sour about (they split up the set)
Y'know...three months ago I would have thought that was pretty nuts. But then my daughter started selling Cutco. I bought one of the big kitchen knives, just to be a supportive parent.
After using it for a little while, I think I understand your mom's family...not that I condone it, of course.
MrTech,
Maybe your parents want to avoid you paying inheritance taxes by asking you what you want and making sure you get it as a gift while they're still alive but farther down the line.
Also, my dad used to bug my brothers and I all the time about where his will and other important papers were located. Sure enough, he died before his time and we knew where everything was.
I agree, they are trying to get things in line beforehand and that's a good thing. My dad was always really on top of things until the last few years but had not redone his will, right at the end he was having his will reworked to properly prepare things. The new will was brought to him on a Friday morning for him to look over and sign, he died that night without signing it. So we have an older very simple will (dates from 1998) and a complicated estate with debts, mortgages, rental real estate, all kinds of stuff. I am one of the executors and let me tell you it is a Mongolian cluster berkeley.
This whole thing has opened my eyes to the point that at age 51 I am currently having my will redone. As a soon to be single father I have to be certain that my daughter is provided for in the event I go before she does and I have to put certain safeguards in place.
So please take my advice and work with them on this now, you will be glad you did later.
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