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RE: I love my Mom.... - 6/30/2012 8:21:24 PM   
littlewonder


Posts: 15659
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quote:

Imo, unless a parent has only one child/beneficiary, use an independent professional third party to be executor.. JMO..


Now this I agree.When I worked in a register of wills department, it was always so much easier when the attorney or someone similar was the executor of the estate. Otherwise we would have siblings and family members coming in and contesting the will and then we would have to have a court case or the sibling named the executor would not take care of the estate and then we would have the other siblings calling us up and telling us, at which point we would have to take steps to remedy it which was not fun at all.

So unless you know with 100% knowledge that your family member will do what needs to be done, please please please find someone else outside.


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RE: I love my Mom.... - 7/1/2012 5:50:15 AM   
areallivehuman


Posts: 277
Joined: 1/16/2010
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Four years ago I was going through a divorce (my choice) and looking for suitable, affordable housing. I had an epiphany one day while having lunch with my mother; she asked me to take down her trash, and bring up some groceries she had left in her car. I saw suddenly, she was weakening, alone, in an upstairs apartment, and eventually was going to need a bit of looking after. That was all I needed, I bought a rambling, decrepit, old barn of a foreclosure, carved out a downstairs bed and bath, and moved her in. It was one of my better decisions.
We had had a good relationship, but not particularly close. No acrimony, just separate, busy lives. It has been great to develop new levels to our bond, to get to know each other in new ways. Thankfully Mom is all there mentally at 76, she's gone through chemo for abdominal cancer and broken her hip since she's moved in, so there have certainly been bumps in the road. But I'm really glad to have had this opportunity. I am the eldest of six, and lived in our hometown, so it just felt right.
It also helped to separate the wheat from the chaff, for it would take a very special woman to join this household. Thankfully, I found her.

(in reply to littlewonder)
Profile   Post #: 22
RE: I love my Mom.... - 7/1/2012 7:31:19 AM   
hlen5


Posts: 5890
Joined: 3/2/2008
Status: offline

quote:

ORIGINAL: areallivehuman

Four years ago I was going through a divorce (my choice) and looking for suitable, affordable housing. I had an epiphany one day while having lunch with my mother; she asked me to take down her trash, and bring up some groceries she had left in her car. I saw suddenly, she was weakening, alone, in an upstairs apartment, and eventually was going to need a bit of looking after. That was all I needed, I bought a rambling, decrepit, old barn of a foreclosure, carved out a downstairs bed and bath, and moved her in. It was one of my better decisions.
We had had a good relationship, but not particularly close. No acrimony, just separate, busy lives. It has been great to develop new levels to our bond, to get to know each other in new ways. Thankfully Mom is all there mentally at 76, she's gone through chemo for abdominal cancer and broken her hip since she's moved in, so there have certainly been bumps in the road. But I'm really glad to have had this opportunity. I am the eldest of six, and lived in our hometown, so it just felt right.
It also helped to separate the wheat from the chaff, for it would take a very special woman to join this household. Thankfully, I found her.


Well done, arlh!!

(in reply to areallivehuman)
Profile   Post #: 23
RE: I love my Mom.... - 7/2/2012 4:57:38 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: areallivehuman

Four years ago I was going through a divorce (my choice) and looking for suitable, affordable housing. I had an epiphany one day while having lunch with my mother; she asked me to take down her trash, and bring up some groceries she had left in her car. I saw suddenly, she was weakening, alone, in an upstairs apartment, and eventually was going to need a bit of looking after. That was all I needed, I bought a rambling, decrepit, old barn of a foreclosure, carved out a downstairs bed and bath, and moved her in. It was one of my better decisions.
We had had a good relationship, but not particularly close. No acrimony, just separate, busy lives. It has been great to develop new levels to our bond, to get to know each other in new ways. Thankfully Mom is all there mentally at 76, she's gone through chemo for abdominal cancer and broken her hip since she's moved in, so there have certainly been bumps in the road. But I'm really glad to have had this opportunity. I am the eldest of six, and lived in our hometown, so it just felt right.
It also helped to separate the wheat from the chaff, for it would take a very special woman to join this household. Thankfully, I found her.


Gawdammit....that was just fucking sweet.

(in reply to areallivehuman)
Profile   Post #: 24
RE: I love my Mom.... - 7/2/2012 4:59:32 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: littlewonder

quote:

Imo, unless a parent has only one child/beneficiary, use an independent professional third party to be executor.. JMO..


Now this I agree.When I worked in a register of wills department, it was always so much easier when the attorney or someone similar was the executor of the estate. Otherwise we would have siblings and family members coming in and contesting the will and then we would have to have a court case or the sibling named the executor would not take care of the estate and then we would have the other siblings calling us up and telling us, at which point we would have to take steps to remedy it which was not fun at all.

So unless you know with 100% knowledge that your family member will do what needs to be done, please please please find someone else outside.



Huh?

(in reply to littlewonder)
Profile   Post #: 25
RE: I love my Mom.... - 7/2/2012 5:35:43 PM   
igor2003


Posts: 1718
Joined: 1/1/2004
Status: offline
quote:

ORIGINAL: littlewonder

quote:

Imo, unless a parent has only one child/beneficiary, use an independent professional third party to be executor.. JMO..


Now this I agree.When I worked in a register of wills department, it was always so much easier when the attorney or someone similar was the executor of the estate. Otherwise we would have siblings and family members coming in and contesting the will and then we would have to have a court case or the sibling named the executor would not take care of the estate and then we would have the other siblings calling us up and telling us, at which point we would have to take steps to remedy it which was not fun at all.

So unless you know with 100% knowledge that your family member will do what needs to be done, please please please find someone else outside.



I too have to agree that you should NEVER HAVE A BENEFICIARY act as executor of a will!  When my dad died, about 5 years ago, we decided that my sister should be the executor of his will, thinking that the three of us kids would make decisions and she would have the authority to sign papers, etc. since she had the most expeience with the handling of paperwork/clerical situations.  After about three months she was doing what she wanted, how she wanted, regardless of what my brother and I thought, so she and I stopped talking and haven't spoken to each other since, after her decisions ended up costing me thousands of dollars (and are still costing me even today...long story, but her decisions placed me in a situation not shared by her and my brother).  About a year after that a similar situation happened to a friend of mine. 

Just a word to the wise.....

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Profile   Post #: 26
RE: I love my Mom.... - 7/2/2012 5:43:05 PM   
LadyHibiscus


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From: Island Of Misfit Toys
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I have always been glad to be an only child, after seeing the incredible acrimony that arises over money when parents get ill and die, I am grateful too. Yes, I get my parents (young, not well) and my mom's friend (the oldest, 75 this year) to handle on my own. Oh well.

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RE: I love my Mom.... - 7/2/2012 5:44:14 PM   
JstAnotherSub


Posts: 6174
Status: offline
I think it depends on the situation too. I have a brother, but mom made me the executrix of her will, simply because she also left everything to me.

I took care of her, I never borrowed money or bought stuff from her and failed to pay. My brother never did anything, except take. She specified in the will that his inheritance was the monies owed for unpaid loans, boat purchases and car purchases, naming every transaction, and leaving me the paperwork to back it up, if needed.

It did become the final wedge between me and my brother, but, frankly, after begging him for decades to just go cut the grass once a month to help me, or to do anything for her, it was meant to be. I had to call him and make him come to see her when I had her in home hospice, because she was waiting to see him before she would let go.

So, while I agree that, in many cases, it would be proper to have someone who is not a beneficiary be in charge, many times the folks do what they do for damn good reasons.



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Profile   Post #: 28
RE: I love my Mom.... - 7/2/2012 6:06:51 PM   
OsideGirl


Posts: 14449
Joined: 7/1/2005
From: United States
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I thought that was a very sweet note and your love for her shows.

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RE: I love my Mom.... - 7/3/2012 9:32:51 PM   
tj444


Posts: 7574
Joined: 3/7/2010
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quote:

ORIGINAL: JstAnotherSub
I think it depends on the situation too. I have a brother, but mom made me the executrix of her will, simply because she also left everything to me.

Since you were the only beneficiary, I think it was perfectly fine for you to be the executrix..

I do think it is very unusual for a parent to (in the will) deny a child that had more than their share of financial gifts thru life.. In my ex's case, his brother basically helped his mother into the poor house and went on to get half of everything in the will (which wasnt that much at that point), his brother was even the one that was the executor (cuz he pushed the mother into it).. She really got taken advantage of by him..

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