Public Service Announcement/ What Happens When You Die Without a Will

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By Fuelman
6 Dec 2023 2:32 pm in No Holds Barred Political Forum
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Fuelman
6 Dec 2023 2:32 pm
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People you don't know get to spend your money!

Kind of a sad story really. Mom's first Cousin couldn't have kids so they adopted a young boy. Fast forward to 2021 and the Cousin and husband both die that year. The adopted son moves into their house with some of his unsavory friends and trash the house. Less than a year later the adopted Son dies from a drug overdose in his early 50's. His friends promptly steal anything and everything out of the house and damage it even more. Luckily there were assets the assholes couldn't get a hold of. It cost a little over $100k to put everything back in order. It took a little over a year for this estate to grind through probate court in Washington State.

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If you haven't done it yet, it's time to put your end of life wishes down on paper.

​​​​​Looks like they were fans of Big Oil!
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Fuelman
6 Dec 2023 2:52 pm
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Percentage of Americans Having a Will, by Subgroup
Do you have a will that describes how you would like your money and estate to be handled after your death?
% Yes, have a will
U.S. adults 46
Age
65+ years old 76
50-64 years old 53
30-49 years old 36
18-29 years old 20
Annual household income
$100,000 or more 61
$40,000-$99,999 49
Under $40,000 30
Education
College graduate 57
Not college graduate 40
Race/Ethnicity
White adults 55
Nonwhite adults 28
GALLUP, MAY 3-18, 2021
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Skans
6 Dec 2023 2:57 pm
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Fuelman » 06 Dec 2023, 3:32 pm » wrote: People you don't know get to spend your money!

Kind of a sad story really. Mom's first Cousin couldn't have kids so they adopted a young boy. Fast forward to 2021 and the Cousin and husband both die that year. The adopted son moves into their house with some of his unsavory friends and trash the house. Less than a year later the adopted Son dies from a drug overdose in his early 50's. His friends promptly steal anything and everything out of the house and damage it even more. Luckily there were assets the assholes couldn't get a hold of. It cost a little over $100k to put everything back in order. It took a little over a year for this estate to grind through probate court in Washington State.

Image
 
If you haven't done it yet, it's time to put your end of life wishes down on paper.

​​​​​Looks like they were fans of Big Oil!
Only baby-daddies and men who have bunches of x-wives need to worry about having a will. In a normal family, you don't need a will.  Married couples should just own everything together and then have their kids named as beneficiaries.  If you are trying to cut your kid or wife out of an inheritance, you're a dick.
 
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LowIQTrash
6 Dec 2023 3:01 pm
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Fuelman » 06 Dec 2023, 3:32 pm » wrote: People you don't know get to spend your money!

Kind of a sad story really. Mom's first Cousin couldn't have kids so they adopted a young boy. Fast forward to 2021 and the Cousin and husband both die that year. The adopted son moves into their house with some of his unsavory friends and trash the house. Less than a year later the adopted Son dies from a drug overdose in his early 50's. His friends promptly steal anything and everything out of the house and damage it even more. Luckily there were assets the assholes couldn't get a hold of. It cost a little over $100k to put everything back in order. It took a little over a year for this estate to grind through probate court in Washington State.

Image
 
If you haven't done it yet, it's time to put your end of life wishes down on paper.

​​​​​Looks like they were fans of Big Oil!
Should’ve put the money in Apple or Nvidia
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Imperial Wizard
6 Dec 2023 3:07 pm
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BUTT HURT AND SQUAWLING
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Your profile says you are a "capitalist."  What make you a capitalist?
 
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SOCK SAVINGS
6 Dec 2023 3:17 pm
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LincolnNebraska » 06 Dec 2023, 4:07 pm » wrote: Your profile says you are a "capitalist."  What make you a capitalist?
Your profile says "BUTT HURT AND SQUAWLING"
I know the answer

Bob
 

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*rippy38
6 Dec 2023 3:20 pm
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CYNICAL OLD CUSS
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LincolnNebraska » 06 Dec 2023, 4:07 pm » wrote: Your profile says you are a "capitalist."  What make you a capitalist?
Your profile says you are butt hurt and squawling.

What made your butt hurt so bad it made you squawl like that?
 
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
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Fuelman
6 Dec 2023 3:35 pm
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Skans » 06 Dec 2023, 3:57 pm » wrote: Only baby-daddies and men who have bunches of x-wives need to worry about having a will. In a normal family, you don't need a will.  Married couples should just own everything together and then have their kids named as beneficiaries.  If you are trying to cut your kid or wife out of an inheritance, you're a dick.
Not sound advice.
 
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Fuelman
6 Dec 2023 3:39 pm
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LowIQTrash » 06 Dec 2023, 4:01 pm » wrote: Should’ve put the money in Apple or Nvidia
People do what people do, at least they saved a few bucks.
 
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LowIQTrash
6 Dec 2023 10:34 pm
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Fuelman » 06 Dec 2023, 4:39 pm » wrote: People do what people do, at least they saved a few bucks.
true

Nothing like fighting over inheritances to reveal how ugly people are inside  :rofl:  
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walkingstick
6 Dec 2023 10:46 pm
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no problem in the state of Washington. everything automatically goes to surviving spouse. for me. no one worthy of a penny. all assholes. best to do something to cause grief for people. help me. what would be the best way to cause misery for those who think they will inherit my money?
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Deezer Shoove
7 Dec 2023 12:33 am
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walkingstick » 06 Dec 2023, 11:46 pm » wrote: no problem in the state of Washington. everything automatically goes to surviving spouse. for me. no one worthy of a penny. all assholes. best to do something to cause grief for people. help me. what would be the best way to cause misery for those who think they will inherit my money?

Spend it on someone they hate.
Please seat yourself.

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I like the very things you hate.
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Buffalo
7 Dec 2023 4:43 am
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walkingstick » 06 Dec 2023, 11:46 pm » wrote: no problem in the state of Washington. everything automatically goes to surviving spouse. for me. no one worthy of a penny. all assholes. best to do something to cause grief for people. help me. what would be the best way to cause misery for those who think they will inherit my money?
Have a will drawn up that leaves them out.  My father had his will re-drawn after his daughter (supposedly my half sister by my father and her half sister by their mother and a different father) had their mother taken out of the hospital and declared mentally incompetent and put her in a nursing home 100 miles away and had an injunction against my 88 year old father (now 94) so he could not see her, so he wrote my half sister out.  It was all about the mother's money which she inherited as an only child.  He gave everything of his to me and my brother equally and left my older estranged full sister and younger half sister out.  

The funny part is the greedy daughters could not qualify their mother for medicaid because of all the money she had and had to spend most of her money on nursing home, medical care and legal fees for 3 1/2 years before she died.

I asked the lawyer that drew up my fathers will if I needed a will.  He asked me if I had any children  (I have 2, a son and a daughter) and if they were my natural children (my wife died 13 years ago and I will never remarry).  He said if I wanted my estate divided equally among them that I did not need a will and that would also avoid probate. 

My father's situation was complicated and mine is simple.

Moral of the story---It is best to talk to an attorney.
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Fuelman
7 Dec 2023 7:13 am
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LowIQTrash » 06 Dec 2023, 11:34 pm » wrote: true

Nothing like fighting over inheritances to reveal how ugly people are inside  Image
As far as I know there wasn't any fighting in this case. Most of the first round people are deceased. Many of the second round people deferred to their kids or grandchildren.

The Lawyer Groups that go after the long lost relatives at 33% are the real winners.
 
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Fuelman
7 Dec 2023 7:20 am
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walkingstick » 06 Dec 2023, 11:46 pm » wrote: no problem in the state of Washington. everything automatically goes to surviving spouse. for me. no one worthy of a penny. all assholes. best to do something to cause grief for people. help me. what would be the best way to cause misery for those who think they will inherit my money?
Not everyone has a spouse or kids.

It's important to know your state laws concerning probate.

What are the probate limits in Washington state?Legally, you will need a probate (either an adjudication or a traditional probate) if Decedent's probate assets include: A net value of over $100,000 of personal property, or. Any real property that you choose not to or cannot Administer by Affidavit.
 
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31st Arrival
7 Dec 2023 7:20 am
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the answer to the title of this thread, doesn't matter one is still dead. the vultures will fight over what is left, will or no will. Every will can be contested in a court of law getting its fair share from the squabble.
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Skans
7 Dec 2023 7:24 am
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Not a valid response. Support your claim that a life-long married couple with 2 kids needs a will.
 
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Fuelman
7 Dec 2023 7:35 am
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The top tier relatives split half the assets, approximately $650k. There were only a handful of these people and the payout was a little over $160k.

The second tier split the other half. This is the group the Lawyers went after. Searching high and low for any relatives. Although many of these people were deceased, that share still went to their family members. This payout was just under $60k. Mom will split that with her 2 brothers. Then take a 33% haircut.
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Buffalo
7 Dec 2023 7:36 am
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Skans » 06 Dec 2023, 3:57 pm » wrote: Only baby-daddies and men who have bunches of x-wives need to worry about having a will. In a normal family, you don't need a will.  Married couples should just own everything together and then have their kids named as beneficiaries.  If you are trying to cut your kid or wife out of an inheritance, you're a dick.
Not if they are dicks and think they deserve more.  Our mother died in 2001.  She made me executor of her small estate.  My sister and her greedy **** husband accused me of stealing most of the money as she also handled her 94 year old mother's considerable amount of money.  Going through my mothers bank statements I found copies of cashier's checks where she had given her younger sister and her husband ALL of their mother's money in an effort to take care of their mom to keep her out of a nursing home. After my mother died, they put her in a nursing home anyway and spent the money.  When my grandmother died 6 months later my mother's oldest brother accused me of stealing all the money.  To this day they all think I stole my mother's and grandmother's money.  I have not spoken to my sister in over 20 years.

Yep, when it comes to a little money some people go **** nuts and do not deserve anything.  THAT is why our father cut her out of his will.
 
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Skans
7 Dec 2023 7:50 am
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Buffalo » 07 Dec 2023, 8:36 am » wrote: Not if they are dicks and think they deserve more.  Our mother died in 2001.  She made me executor of her small estate.  My sister and her greedy **** husband accused me of stealing most of the money as she also handled her 94 year old mother's considerable amount of money.  Going through my mothers bank statements I found copies of cashier's checks where she had given her younger sister and her husband ALL of their mother's money in an effort to take care of their mom to keep her out of a nursing home. After my mother died, they put her in a nursing home anyway and spent the money.  When my grandmother died 6 months later my mother's oldest brother accused me of stealing all the money.  To this day they all think I stole my mother's and grandmother's money.  I have not spoken to my sister in over 20 years.

Yep, when it comes to a little money some people go **** nuts and do not deserve anything.  THAT is why our father cut her out of his will.
That's all good and well (bad and not well, actually), but tell me this one thing - how would a will have made any difference at all?  Recall, the "theft" happened while your mom was alive, not after she was dead.  @Buffalo  - do you have any thoughts on this? 
 
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