- Joined
- Apr 6, 2004
- Messages
- 24,279
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
For those without kids I would imagine there is less left to chance as the prospect of the kids coming together or one of them just isn't there.
My attempt at estate planning but didn't get very far as far is distributing assets...
It is most definitely a concern but those without planning leave it to the laws of the State by default...
I wanted to set up something for the nieces and nephew... all great kids... but the parents said it was a terrible idea... saying the last thing someone needs is thinking they don't need to work to achieve and that is the fear they expressed.
On a closer to home front... I see it with Mom as I am her sole caregiver... she is and continues to be very frugal but Alzheimer's takes a toll... the body is healthy but the mind is lost.
My attempt at estate planning but didn't get very far as far is distributing assets...
It is most definitely a concern but those without planning leave it to the laws of the State by default...
I wanted to set up something for the nieces and nephew... all great kids... but the parents said it was a terrible idea... saying the last thing someone needs is thinking they don't need to work to achieve and that is the fear they expressed.
On a closer to home front... I see it with Mom as I am her sole caregiver... she is and continues to be very frugal but Alzheimer's takes a toll... the body is healthy but the mind is lost.