Generally speaking in the end the wife slash mother is the one who determines what is done with the estate. Short of being divorced and out of the picture the wife who generally outlived the husband controls the wealth the husband spent his life acquiring.
So if you are a child and want a decent piece of the pie you need to suck up to mom lol.
Originally posted by @eladar Generally speaking in the end the wife slash mother is the one who determines what is done with the estate. Short of being divorced and out of the picture the wife who generally outlived the husband controls the wealth the husband spent his life acquiring.
So if you are a child and want a decent piece of the pie you need to suck up to mom lol.
Nah the young relatives just send her to an nursing home against her will and take the house. My cousins did that to my Nina. She said if she had a gun she would have killed them.
Originally posted by @athousandyoung Nah the young relatives just send her to an nursing home against her will and take the house. My cousins did that to my Nina. She said if she had a gun she would have killed them.
Originally posted by @eladar Generally speaking in the end the wife slash mother is the one who determines what is done with the estate. Short of being divorced and out of the picture the wife who generally outlived the husband controls the wealth the husband spent his life acquiring.
So if you are a child and want a decent piece of the pie you need to suck up to mom lol.
Or you can just get Dad to visit an estate planning attorney.
Originally posted by @eladar Generally speaking in the end the wife slash mother is the one who determines what is done with the estate. Short of being divorced and out of the picture the wife who generally outlived the husband controls the wealth the husband spent his life acquiring.
So if you are a child and want a decent piece of the pie you need to suck up to mom lol.
Originally posted by @eladar Yeah that way the wife doesn't get it all. Give her half and the kids half. Sounds good. Liquidate and divide.
Or use a trust that allows the surviving spouse (either gender) a liberal living allowance but preserves the bulk of the assets for distribution in accordance with an agreed-upon succession plan.
Originally posted by @sh76 Or use a trust that allows the surviving spouse (either gender) a liberal living allowance but preserves the bulk of the assets for distribution in accordance with an agreed-upon succession plan.
I've done this literally hundreds of times.
I suppose if you have a large enough net worth this would work.
What about the average schmuck who has most of his value in property a house maybe two and only a couple hundred k in cash?
Most of us do not live in your world of affluence.
Originally posted by @sh76 Or use a trust that allows the surviving spouse (either gender) a liberal living allowance but preserves the bulk of the assets for distribution in accordance with an agreed-upon succession plan.
20 Jul '18 14:54
In the end...
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