I changed my beneficiary today

Discussion in 'The Okie Corral' started by Upgrayedd, Oct 27, 2020.

  1. HollowHead

    HollowHead Firm member

    Messages:
    29,680
    Likes Received:
    13,993
    Joined:
    May 16, 2005
    Location:
    Where the buffalo roam
    We are leaving a sizable chunk to the no-kill shelter here. We have also set up trusts for whatever animals we have a the time. HH
     
    Upgrayedd and Inyo Tim like this.
  2. flyover

    flyover

    Messages:
    18,026
    Likes Received:
    49,439
    Joined:
    Oct 25, 2012
    Location:
    Western Kansas
    2 pages in and dibbs on your guns!
     
    Upgrayedd and Inyo Tim like this.

  3. ron b

    ron b

    Messages:
    368
    Likes Received:
    502
    Joined:
    Jan 20, 2006
    Location:
    Arizona
    I know people that are doing exactly the same thing that you are doing. I mean quite large estates. I would ask you to reconsider and find an organization for disabled veterans. Many have given it all for their country.
     
  4. RenoF250

    RenoF250

    Messages:
    12,354
    Likes Received:
    9,311
    Joined:
    Feb 23, 2008
    No, I have contributed enough to them.
     
    Inyo Tim likes this.
  5. jame

    jame I don't even know....what I'm doing here....

    Messages:
    8,621
    Likes Received:
    7,662
    Joined:
    Apr 6, 2002
    Location:
    Central Iowa
    I think he made a great decision.

    My Dad, 85, has farmed all of his life, and managed to accumulate a few hundred acres of Iowa farmland. The value is substantial.

    I’m the oldest of three, and the only one that’s ever been involved in the family farm or shown any interest in the business, and I will be the eventual executor. The infighting has already begun, and it makes me sick to have to deal with this.

    I’ve encouraged him to sell it all, buy a nice Mercedes and cruise the country, donate it to the local hospital or whatever he chooses, but he’s determined it stays in the family for at least one more generation.

    Estate battles can ruin families, money can be powerful, and power should not transfer through the womb. Give it the doggos and be happy.

    Congratulations on the wonderful choice.
     
    jimcorbin and Upgrayedd like this.
  6. ThatGuyYouKnow

    ThatGuyYouKnow Custom Title Goes Here

    Messages:
    1,144
    Likes Received:
    1,569
    Joined:
    Sep 25, 2020
    Location:
    Location Goes Here
    I am heretofore starting a GoodPeopleWhoArePoorThroughNoFaultOfTheirOwn fund.

    Please donate if possible. Contact me for details.

    :D
     
  7. Wojo88

    Wojo88

    Messages:
    1,213
    Likes Received:
    2,046
    Joined:
    Sep 2, 2020
    Location:
    Michigan
    The old saying money is the root of all evil has a lot of truth. In my business I see it more often then I care to see. For many people greed is within and they just can't help themselves. I can write a book on the things I have witnessed. The same applies to people who think they have power and try to manipulate others. Their world view is only worth what they see in the mirror. What others see is a jackass who doesn't know which side is up....... Your dad should lock his assets up in the trust for a period of time, use the trust to pay all farm expenses, taxes etc.
     
    jame likes this.