Or,No spouses should not be listed.
No. Spouses should not be listed.
Which are you saying for clarification.
Or,No spouses should not be listed.
Money goes to blood imo. If you die before dad it goes to your children
Money goes to blood imo. If you die before dad it goes to your children
Also think about the possibility of me dying before my mother, which is what sparked a conversation
Death brings out the worst in people in 99.9% of time. In 34 years, I saw things that I thought I would never see. Grandfather still laying dead on the couch, kids and grandkids out on the porch arguing about who is taking the TV home tonight. Daughter asking for the deceased's possessions, proceeds to remove all the cash out of the wallet, drops the wallet and walks out the door before the funeral home gets there. And so many more.
As an estate planning attorney I can give you the "attorney answer" ----- it depends.
The estate plan is your Mother's and her assets.
So it depends upon who SHE wants to include as a beneficiary in her plan.
The plan you laid out - 50/50 between her children and with no grandchildren then 100% to the survivor of the 2 of you - is a very common and traditional planning style. Nothing at all unusual about it.
What does it provide though for the next "what if" question that the attorney should ask: what if both you and your sibling predecease? Where do the assets go then?
An estate planning attorney should always be thinking of the "what if" questions and getting the client's wishes down for possible scenarios.
Just that I thought if you had a will, that it must be abided by. NOPE! Nearly everything in my dads will didnt go like he had wished. The personal property in his home that was supposed to go to my sister and I, actually stayed with my step sister who has not been a part of the family for years. She lived in his home to help take care of him as he got older. My sister and I were not allowed to collect one single item from my dads place. Regardless of the will saying different. My dads car who he willed to my son, my step sister got to keep because she refused to allow anyone to come and get it. And the list goes on and on and on....the court told us to hire an attorney. Any idea what a retainer is to even begin tp have the will enforced? Around $10K. We decided to just let everything go. In a huge twist of fates, my step sis died last year, 5 years after my dad did. She had thrown out everything into a dumpster shortly after he died.
police would not get involved because it was a civil matter. Even though she was stealing.
It would take a few hours to go through my dads will and explain how nothing mattered.
Death brings out the worst in people in 99.9% of time. In 34 years, I saw things that I thought I would never see. Grandfather still laying dead on the couch, kids and grandkids out on the porch arguing about who is taking the TV home tonight. Daughter asking for the deceased's possessions, proceeds to remove all the cash out of the wallet, drops the wallet and walks out the door before the funeral home gets there. And so many more.
Bingo. Mom collected music box, globes anything musical. Well when mom died I have a SIL who even at the wake was saying I need those music boxes to sell on ebay. Say what?? Then gall of some people. She did not get them in the end but to even bring it up. Sheesh.Death brings out the worst in people in 99.9% of time. In 34 years, I saw things that I thought I would never see. Grandfather still laying dead on the couch, kids and grandkids out on the porch arguing about who is taking the TV home tonight. Daughter asking for the deceased's possessions, proceeds to remove all the cash out of the wallet, drops the wallet and walks out the door before the funeral home gets there. And so many more.