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Never disinherit your kid
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<blockquote data-quote="svengandhi" data-source="post: 681964" data-attributes="member: 3493"><p>My parents had no money to leave, that I know of. Whatever they might have had, my sister took. All I was left with was a utility bill from the town out west where they lived. Although it was only about $20, I refused to pay it and sent them my sister's address.</p><p></p><p>My aunt had no children. In childhood, my sister was her favorite but she got tired of being ripped off by her, so she left everything to me. There wasn't much left after taking care of her (first an apartment near me with part-time aides, then an assisted living center, last a room at mother in law's house - for which I paid mother in law $2K per month! - plus round the clock aides til she died 2 months later.) When my aunt died, I had H call my sister. When she realized it was H, she said, I hope you are calling to tell me Sven is dead. He hung up on her. The next day, her girlfriend called me at work (as an attorney, my work number is public record) and left a voice mail apologizing. I called back and left another message - I was calling to tell you auntie died and even though she cut you out of the will, I was going to share the proceeds from her apartment sale with you, but now I'm not, have a nice life. I filed the estate papers, she got a copy of the will and I haven't heard from her since then.</p><p></p><p>My will leaves everything to H but if he dies before me, it goes in equal shares to the kids; his is the reverse. Difficult Child and daughter are the executors. I chose Difficult Child because he's the smartest in math and the least emotional of the kids, I chose daughter because she's the glue that holds the boys together and she will ensure harmony. Difficult Child is fair and honest to a fault and unlike oldest boy, doesn't have a spendthrift mentality. The kids already know this and even though Difficult Child is number 3 of 5, it's not an issue.</p><p></p><p>At this point, I help them as needed. I paid for daughter's college, the part that wasn't covered by scholarships. I am paying for Difficult Child but he's costing me a lot more than daughter - he has no scholarships and keeps failing classes and changing majors, but he loves being in school... I paid for oldest boy but he quit after a year, so I let him drive a car and I pay the insurance. One of them may wind up getting more than the others during my life - I try to be fair, though. As of now, I can't imagine cutting any of them out of the will.</p></blockquote><p></p>
[QUOTE="svengandhi, post: 681964, member: 3493"] My parents had no money to leave, that I know of. Whatever they might have had, my sister took. All I was left with was a utility bill from the town out west where they lived. Although it was only about $20, I refused to pay it and sent them my sister's address. My aunt had no children. In childhood, my sister was her favorite but she got tired of being ripped off by her, so she left everything to me. There wasn't much left after taking care of her (first an apartment near me with part-time aides, then an assisted living center, last a room at mother in law's house - for which I paid mother in law $2K per month! - plus round the clock aides til she died 2 months later.) When my aunt died, I had H call my sister. When she realized it was H, she said, I hope you are calling to tell me Sven is dead. He hung up on her. The next day, her girlfriend called me at work (as an attorney, my work number is public record) and left a voice mail apologizing. I called back and left another message - I was calling to tell you auntie died and even though she cut you out of the will, I was going to share the proceeds from her apartment sale with you, but now I'm not, have a nice life. I filed the estate papers, she got a copy of the will and I haven't heard from her since then. My will leaves everything to H but if he dies before me, it goes in equal shares to the kids; his is the reverse. Difficult Child and daughter are the executors. I chose Difficult Child because he's the smartest in math and the least emotional of the kids, I chose daughter because she's the glue that holds the boys together and she will ensure harmony. Difficult Child is fair and honest to a fault and unlike oldest boy, doesn't have a spendthrift mentality. The kids already know this and even though Difficult Child is number 3 of 5, it's not an issue. At this point, I help them as needed. I paid for daughter's college, the part that wasn't covered by scholarships. I am paying for Difficult Child but he's costing me a lot more than daughter - he has no scholarships and keeps failing classes and changing majors, but he loves being in school... I paid for oldest boy but he quit after a year, so I let him drive a car and I pay the insurance. One of them may wind up getting more than the others during my life - I try to be fair, though. As of now, I can't imagine cutting any of them out of the will. [/QUOTE]
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