Christine wrote:

> I am in orientation all this week..and today we had several speakers.
> One was a chaplain, who asked us if we had Living Trusts and wills.
>
> This got me thinking...and thinking about my kitchenware and
> cookbooks, among other things. The slightly morbid part is wondering
> how to give those to people that enjoy food and cooking, and to whom
> they should go to, after I am gone.
>
> I put this question to the cookbook collectors first of all.. Are you
> planning to leave your cookbooks to family? Or do something else with
> them?
>
> For me, (not that I plan to kick off anytime soon) I am wondering who
> I would give all my stuff to. I have no family that would want them.
> Occasionally, I know we have joked here and in chat, that various
> folks here might want the stuff...but that was probably just joking.
>
> I suppose I could leave the cookbooks to some used bookstore, or to a
> library, but I would prefer to leave them to someone that would get
> immense pleasure from them... Same with the kitchenwa I suppose I
> could leave all that to some worthy recipient, but who?
>
> I have idly thought about this over the years, but only today did I
> think about it more seriously. I realized I should probably designate
> some beneficiary someday...and should probably have a will written
> up...
>
> My mother, when she died, left everything to me and my 3 sisters. She
> designated some things to be given to each of us...and my middle
> sister and I split the good china, and I took the silverware.
>
> Anyway, I am putting this out to you all...to see if you have ideas.
> Mind you, I want to live as long as I can...hopefully into my mid 80s
> or longer... The people that I know would love these things, either
> have a ton of cookbooks themselves, or are about my age...and it
> probably wouldn't do them much good for me to leave them this stuff.
>
> As I said, slightly morbid, I know.

I think your cookbooks and cookware should be auctioned off to RFC members,
with the proceeds going toward the Christine Dabney Memorial Delilah Fund (a
fund dedicated to providing delilahs to the members of the cabal until the
money runs out).

As for me, I'm leaving everything to Lin. That was easy.

Bob

On 24/06/2010 1:08 PM, Bob Terwilliger wrote:
> Christine wrote:
>
>> I am in orientation all this week..and today we had several speakers.
>> One was a chaplain, who asked us if we had Living Trusts and wills.
>>
>> This got me thinking...and thinking about my kitchenware and
>> cookbooks, among other things. The slightly morbid part is wondering
>> how to give those to people that enjoy food and cooking, and to whom
>> they should go to, after I am gone.
>>
>> I put this question to the cookbook collectors first of all.. Are you
>> planning to leave your cookbooks to family? Or do something else with
>> them?
>>
>> For me, (not that I plan to kick off anytime soon) I am wondering who
>> I would give all my stuff to. I have no family that would want them.
>> Occasionally, I know we have joked here and in chat, that various
>> folks here might want the stuff...but that was probably just joking.
>>
>> I suppose I could leave the cookbooks to some used bookstore, or to a
>> library, but I would prefer to leave them to someone that would get
>> immense pleasure from them... Same with the kitchenwa I suppose I
>> could leave all that to some worthy recipient, but who?
>>
>> I have idly thought about this over the years, but only today did I
>> think about it more seriously. I realized I should probably designate
>> some beneficiary someday...and should probably have a will written
>> up...
>>
>> My mother, when she died, left everything to me and my 3 sisters. She
>> designated some things to be given to each of us...and my middle
>> sister and I split the good china, and I took the silverware.
>>
>> Anyway, I am putting this out to you all...to see if you have ideas.
>> Mind you, I want to live as long as I can...hopefully into my mid 80s
>> or longer... The people that I know would love these things, either
>> have a ton of cookbooks themselves, or are about my age...and it
>> probably wouldn't do them much good for me to leave them this stuff.
>>
>> As I said, slightly morbid, I know.
>
> I think your cookbooks and cookware should be auctioned off to RFC members,
> with the proceeds going toward the Christine Dabney Memorial Delilah Fund (a
> fund dedicated to providing delilahs to the members of the cabal until the
> money runs out).
>
> As for me, I'm leaving everything to Lin. That was easy.
>
> Bob
>
>
>
I'm going to die intestate and let the buggers fight over my leavings!

Krypsis

Krypsis wrote:

> I'm going to die intestate and let the buggers fight over my leavings!
>

The state will require one of the buggers to be appointed administrator
of the estate (and probably make them post a bond which will be paid for
by your estate). The state will then oversee who gets what, sometimes
requiring appraisals and accountings.

The best thing to do is to put all of your bank and investment accounts
(and real estate if you have any) in joint names with the people you
want to get it when you die. The personal property can be bequeathed by
an informal letter left with someone you trust.

This is how I handled my mom's estate. She had no real estate or
automobiles where transfer of title is a government thing. We put her
other accounts in joint names so that I would have enough money to pay
for her funeral and last debts, etc. without my sister and her criminal
husband getting their hands on it.

As for personal property, she left a sealed letter in a place that only
I would know about and I collected the items (mostly jewelry) and opened
the envelope with everyone present. The letter was dated, written in her
own hand and signed. No one dared contest it.

--
Janet Wilder
Way-the-heck-south Texas
Spelling doesn't count. Cooking does.

On Thu, 24 Jun 2010 13:41:09 -0500, Janet Wilder
> wrote:

>Krypsis wrote:
>
>> I'm going to die intestate and let the buggers fight over my leavings!
>
>The best thing to do is to put all of your bank and investment accounts
>(and real estate if you have any) in joint names with the people you
>want to get it when you die.

That's ridiculous. Every bank/investment account I've ever opened
*required* me to name a beneficiary... but to haphazardly make ones
accounts joint doesn't get more stupid... that means it's one of two
ways; "and"/"either or"... "and" you're held hostage/"either or" one
day you will wake up broke, gar-run-teed. With real estate one can
place another name on the deed with ROS but it's much better to list
real estate in ones will just in case one changes their mind... once a
deed contains more than one name it cannot be changed except by
agreement... a will can always be amended but just try getting someone
to agree to remove their name from a deed. Ahahahahahahahahaha. . . .

brooklyn1 wrote:
> On Thu, 24 Jun 2010 13:41:09 -0500, Janet Wilder
> > wrote:
>
>> Krypsis wrote:
>>
>>> I'm going to die intestate and let the buggers fight over my
>>> leavings!
>>
>> The best thing to do is to put all of your bank and investment
>> accounts (and real estate if you have any) in joint names with the
>> people you want to get it when you die.
>
> That's ridiculous. Every bank/investment account I've ever opened
> *required* me to name a beneficiary... but to haphazardly make ones
> accounts joint doesn't get more stupid... that means it's one of two
> ways; "and"/"either or"... "and" you're held hostage/"either or" one
> day you will wake up broke, gar-run-teed. With real estate one can
> place another name on the deed with ROS but it's much better to list
> real estate in ones will just in case one changes their mind... once a
> deed contains more than one name it cannot be changed except by
> agreement... a will can always be amended but just try getting someone
> to agree to remove their name from a deed. Ahahahahahahahahaha. . . .

And there can be unpleasant tax consequences down the road by
adding someone to the deed, should the survivor decide to sell.

nancy

On Jun 24, 4:22*pm, brooklyn1 > wrote:
> On Thu, 24 Jun 2010 13:41:09 -0500, Janet Wilder
>
> > wrote:
> >Krypsis wrote:
>
> >> I'm going to die intestate and let the buggers fight over my leavings!
>
> >The best thing to do is to put all of your bank and investment accounts
> >(and real estate if you have any) in joint names with the people you
> >want to get it when you die.
>
> That's ridiculous. * Every bank/investment account I've ever opened
> *required* me to name a beneficiary... but to haphazardly make ones
> accounts joint doesn't get more stupid... that means it's one of two
> ways; "and"/"either or"... "and" you're held hostage/"either or" one
> day you will wake up broke, gar-run-teed. * With real estate one can
> place another name on the deed with ROS but it's much better to list
> real estate in ones will just in case one changes their mind... once a
> deed contains more than one name it cannot be changed except by
> agreement... a will can always be amended but just try getting someone
> to agree to remove their name from a deed. Ahahahahahahahahaha. . . .

You know, my in-laws were married for more than 50 years. They had
joint everything, and never ended up broke.

Toward the end of her life, my grandmother title all of her assets
jointly
with her two children. My uncle lived with her, tended to her, and is
now living in the house and eking out his meager lifestyle (his idea
of
fun is going to the dollar store) on what remains of my grandfather's
investments.

Sheldon, your experience is so limited, I'm surprised you can presume
to speak for anyone else or to guarantee anything.

Cindy Hamilton

Cindy Hamilton wrote:
> On Jun 24, 4:22 pm, brooklyn1 > wrote:
>> On Thu, 24 Jun 2010 13:41:09 -0500, Janet Wilder
>>
>> > wrote:
>>> Krypsis wrote:
>>>> I'm going to die intestate and let the buggers fight over my leavings!
>>> The best thing to do is to put all of your bank and investment accounts
>>> (and real estate if you have any) in joint names with the people you
>>> want to get it when you die.
>> That's ridiculous. Every bank/investment account I've ever opened
>> *required* me to name a beneficiary... but to haphazardly make ones
>> accounts joint doesn't get more stupid... that means it's one of two
>> ways; "and"/"either or"... "and" you're held hostage/"either or" one
>> day you will wake up broke, gar-run-teed. With real estate one can
>> place another name on the deed with ROS but it's much better to list
>> real estate in ones will just in case one changes their mind... once a
>> deed contains more than one name it cannot be changed except by
>> agreement... a will can always be amended but just try getting someone
>> to agree to remove their name from a deed. Ahahahahahahahahaha. . . .
>
> You know, my in-laws were married for more than 50 years. They had
> joint everything, and never ended up broke.
>
> Toward the end of her life, my grandmother title all of her assets
> jointly
> with her two children. My uncle lived with her, tended to her, and is
> now living in the house and eking out his meager lifestyle (his idea
> of
> fun is going to the dollar store) on what remains of my grandfather's
> investments.
>
> Sheldon, your experience is so limited, I'm surprised you can presume
> to speak for anyone else or to guarantee anything.
>
> Cindy Hamilton

Sheldon had to have the last word. He *knows* everything. He is *the*
expert on everything. I don't pay any attention to his pronouncements. I
haven't filtered him because his idiotic responses often have
entertainment value.

I spent 15 years in the field of estates and trusts and was a member of
4 estate planning councils as well as having lectured at the same estate
planning councils on charitable trusts. I think I might know just a
little more about the subject than Sheldon does (or thinks he does)

I've opened plenty of bank accounts for myself, my grandchildren, and
professionally for estates, trusts and beneficiaries of such, that did
not require a named beneficiary. A 401k, a pension, an insurance policy
(of course) require beneficiaries, a savings or checking account or
even an investment account, do not.

In many states a married couple have a deed reflecting "tenancy by the
entirety" which means that both parties own the entire real estate. A
JTWROS operates the same way. It is not a half-half situation. That is
called "tenants in common." While it is difficult, but not impossible,
to change a deed, one would think that serious thought would go into the
person one would put on their deed as a joint tenant.

In some situations, changing a deed to add a joint tenant would save a
lot of probate costs.
--
Janet Wilder
Way-the-heck-south Texas
Spelling doesn't count. Cooking does.

On Fri, 25 Jun 2010 01:55:47 +1000, Krypsis wrote:

> On 24/06/2010 1:08 PM, Bob Terwilliger wrote:
>>
>> I think your cookbooks and cookware should be auctioned off to RFC members,
>> with the proceeds going toward the Christine Dabney Memorial Delilah Fund (a
>> fund dedicated to providing delilahs to the members of the cabal until the
>> money runs out).
>>
>> As for me, I'm leaving everything to Lin. That was easy.
>>
>> Bob
>>
>>
>>
> I'm going to die intestate and let the buggers fight over my leavings!
>
> Krypsis

in my case, that would take all of ten minutes.

i do have a ton of audio c.d.'s and l.p.'s though, and i've idly thought
about who should get them. i'd prefer someone who would dig them.

your pal,
blake

On Fri, 25 Jun 2010 06:26:53 -0700 (PDT), Cindy Hamilton wrote:

> On Jun 24, 4:22*pm, brooklyn1 > wrote:
>> On Thu, 24 Jun 2010 13:41:09 -0500, Janet Wilder
>>
>> > wrote:
>>>Krypsis wrote:
>>
>>>> I'm going to die intestate and let the buggers fight over my leavings!
>>
>>>The best thing to do is to put all of your bank and investment accounts
>>>(and real estate if you have any) in joint names with the people you
>>>want to get it when you die.
>>
>> That's ridiculous. * Every bank/investment account I've ever opened
>> *required* me to name a beneficiary... but to haphazardly make ones
>> accounts joint doesn't get more stupid... that means it's one of two
>> ways; "and"/"either or"... "and" you're held hostage/"either or" one
>> day you will wake up broke, gar-run-teed. * With real estate one can
>> place another name on the deed with ROS but it's much better to list
>> real estate in ones will just in case one changes their mind... once a
>> deed contains more than one name it cannot be changed except by
>> agreement... a will can always be amended but just try getting someone
>> to agree to remove their name from a deed. Ahahahahahahahahaha. . . .
>
> You know, my in-laws were married for more than 50 years. They had
> joint everything, and never ended up broke.
>
> Toward the end of her life, my grandmother title all of her assets
> jointly
> with her two children. My uncle lived with her, tended to her, and is
> now living in the house and eking out his meager lifestyle (his idea
> of
> fun is going to the dollar store) on what remains of my grandfather's
> investments.
>
> Sheldon, your experience is so limited, I'm surprised you can presume
> to speak for anyone else or to guarantee anything.
>
> Cindy Hamilton

i wouldn't say 'surprised,' but it is amusing in a gruesome sort of way.

your pal,
blake