Do you have a Will and or Trust?

[BigJay]

I won it all

 

[BigJay]

I won it all, but sadly, that is what my father's will dictated all along. My mother stole my sister's share, and then my sister killed herself because of it.

My mother is the world's worst human, a true cunt. She tried to gain the job of PR in dad's case, and again for my sister's estate even though she owed the estates hundreds of thousands. Judge awarded her the right and she stole title to sister's home despite mortgage, she wound up having to post a bond and faced criminal charges thereafter.

damn man that sucks about your sis

 

[BigJay]

But where is your mom now?

#MinnyMom

 

[BigJay]

Dam Minny. But where is your mom now?

 

[raiders72001]

You have to these days. Probate is a disaster and female or black judges just rule on emotions, no logic or law.

Buy my book, I spent my 30s in court with family regarding 2 probates

Agree, trust with pour-over will keeps it out of probate. The executor figures out anything not specified.

 

[raiders72001]

Elaborate more on probate , I know that is where I am going to end up in the future.

As stated above, it won't go to probate if you set up trust with a pour-over will. Anything not specified in the trust automatically transfers to trust. You can put in a clause if someone challenges the trust, they get zero. This really helps to keep it out of court. No pun intended but you must trust the appointed executor.

 

[MinnesotaFats]

Dam Minny.. so sorry to hear this. Now, I slowly understand your responses to women. But where is your mom now?

She lives on Lake Minnetonka. Slowly dying w MLS. I check for her obituary daily, it will please me much.

 

[raiders72001]

Obviously none of this is legal advise, just what a lot are doing. If you plan to keep your crypto long term, keeping it in a Roth IRA will help with the taxes of your heirs.

 

[BMR Genie]

She lives on Lake Minnetonka. Slowly dying w MLS. I check for her obituary daily, it will please me much.

Your life is like a story in a movie, Minny. Now, I'm even more interested in reading your book.

But allow me to leave this message here for you.

 

[flyingillini]

Do you get along w your brother? If so, hopefully no issues with anything in probate court.

Yes, I get along with my brother. I do everything for my father, I am the one that the Doctors deal with, I deal with his assisted living facility, I am the one that pays all of the bills, I do 100% of everything. I am the face in my father's life that all business dealings deal with and his care. My brother and I are dual power of attorneys , we do not need each others say so to do things , we both can act independently , however we have two sisters and they are the issue and problem. We do not talk to either of them and they cause a lot of problems

 

[flyingillini]

POA ceases upon death. If you are a trustee of a revokable (becomes irrevocable upon death) trust you're basically a gatekeeper and there shouldn't be any outside obstacles to a quick transfer of wealth.

Here is what I was told by my dad's lawyer. My dad has a will and a trust. He put in a clause where if any children challenge it and if they lose, they lose their share. He did say that there is a big misconception with what people think on how this works. He said my sisters can contest the will and the trust, both can be contested, but if they lose, they lose their share. I have not had to deal with any of this in my life but one day it is going to be a mess, but like I said I am the dual power of attorney and I am a co trustee along with my brother. My sisters are not named anywhere for a trustee or POA.

 

[flyingillini]

As stated above, it won't go to probate if you set up trust with a pour-over will. Anything not specified in the trust automatically transfers to trust. You can put in a clause if someone challenges the trust, they get zero. This really helps to keep it out of court. No pun intended but you must trust the appointed executor.

The lawyer put in a clause that if anyone challenges the will and if they are unsuccessful that they lose their share. My brother and I are the dual POA and I am the co trustee.