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BEHOLD: MY CAPE posted:Hahaha oh my, have you ever dealt with probate before? I get to soon as an executor with a similar issue to the other guy and have been reading up on what to expect. People can be shitheels, but everyone’s circumstances are different. In my case the parasite brother will go bankrupt in 3 months after I cut off the credit cards and auto-debits so I’m using that as leverage on a nice, calm, orderly inheritance. Which should work unless he goes to J. G. Wentworth and says “it’s my money and I want it now!” Krispy Wafer fucked around with this message at 18:59 on Jan 22, 2018 |
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Jan 22, 2018 18:53
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It's sad how people swarm around their dead loved one's money like vultures. Especially since if you're lovely with your own money you're definitely going to be lovely with free money.
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Jan 22, 2018 18:58
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quote:It's sad how people swarm around their dead loved one's money like vultures. Especially since if you're lovely with your own money you're definitely going to be lovely with free money. My uncle died three years ago and my mother ended up being the executor for his "estate." I put it in quotes because it was worth... oh, maybe $4,000? (He died from cancer but not until after chemotherapy costs destroyed basically his entire life savings.) People in our family are STILL throwing poo poo fits about that $4,000 and how much of it should be theirs, years later, never mind what the will and the funeral bills say. I particularly love the relatives who are passing snide comments that my mother is apparently living the high life off of his $4000 when NOPE, it all went to funeral expenses and left her in the lurch for even more after that. Not a dime of help from any of them when he was alive or when funeral bills needed to be paid, but apparently they're all entitled to his furniture and spare change now that he's gone.
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Jan 22, 2018 19:22
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Dying -- BWM? GWM?
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Jan 22, 2018 19:42
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Spokes posted:Dying -- BWM? GWM? Don't have to worry about money once you're dead.
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Jan 22, 2018 19:48
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Spokes posted:Dying -- BWM? GWM? Good if you do it fast.
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Jan 22, 2018 19:52
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a dingus posted:It's sad how people swarm around their dead loved one's money like vultures. Especially since if you're lovely with your own money you're definitely going to be lovely with free money. On one hand, yes. On the other hand, the probate process tends to be obscenely protracted and dead people's money does nobody any good except for banks and lawyers while sitting around in an estate trust account.
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Jan 22, 2018 19:55
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Spokes posted:Dying -- BWM? GWM?
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Jan 22, 2018 20:05
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Sic Semper Goon posted:Don't have to worry about money once you're dead. Starting Aftercoin, the cryto currency you can only spend after you are dead.
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Jan 22, 2018 20:09
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Guest Respirator posted:Exactly this happened to my family. My BWM aunt owed my grandfather's estate something like $750k upon his death, which was more than her share after the financial crash had done its thing. Did it work?
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Jan 22, 2018 20:10
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Sundae posted:My uncle died three years ago and my mother ended up being the executor for his "estate." I put it in quotes because it was worth... oh, maybe $4,000? (He died from cancer but not until after chemotherapy costs destroyed basically his entire life savings.) People in our family are STILL throwing poo poo fits about that $4,000 and how much of it should be theirs, years later, never mind what the will and the funeral bills say. I particularly love the relatives who are passing snide comments that my mother is apparently living the high life off of his $4000 when NOPE, it all went to funeral expenses and left her in the lurch for even more after that. Not a dime of help from any of them when he was alive or when funeral bills needed to be paid, but apparently they're all entitled to his furniture and spare change now that he's gone. People are petty. My aunts still think I stole the car from my grandmothers estate after I took over the outstanding loan and paid the cash value appraised difference to the estate. I might add that my mother had asked for six months if any of them wanted it.
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Jan 22, 2018 20:14
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Sundae posted:My uncle died three years ago and my mother ended up being the executor for his "estate." I put it in quotes because it was worth... oh, maybe $4,000? (He died from cancer but not until after chemotherapy costs destroyed basically his entire life savings.) People in our family are STILL throwing poo poo fits about that $4,000 and how much of it should be theirs, years later, never mind what the will and the funeral bills say. I particularly love the relatives who are passing snide comments that my mother is apparently living the high life off of his $4000 when NOPE, it all went to funeral expenses and left her in the lurch for even more after that. Not a dime of help from any of them when he was alive or when funeral bills needed to be paid, but apparently they're all entitled to his furniture and spare change now that he's gone. My dad had to deal with something similar when his mom died a little while back when he was the executor. She was not a wealthy lady by any means. She was fortunate enough to have a modest paid off house, a small retirement fund, and otherwise living mostly off of SS/Medicare. But after her last couple of years in a memory care facility her estate was effectively drained to pay for her end of life care, funeral, etc. The other siblings thought my dad was swindling them out of their inheritance and it got kind of ugly. Didn't break up the family or anything, but it's real gross how people get about money when their family members die. Such petty squabbling over virtually nothing.
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Jan 22, 2018 20:20
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Hoodwinker posted:There's a reason the obituaries are in the business section of the newspaper. Funeral homes have a sweet deal going as well.
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Jan 22, 2018 20:34
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Death hack: If you die in debt and no one steps up, eventually the government just eats the cost on disposal of your corpse.
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Jan 22, 2018 21:20
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Ashcans posted:Death hack: If you die in debt and no one steps up, eventually the government just eats the cost on disposal of your corpse. Pauper burial: GWM, featured on this week's MMM blog post
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Jan 22, 2018 21:38
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BEHOLD: MY CAPE posted:Pauper burial: GWM, featured on this week's MMM blog post But make sure your casket is taken to the cemetery on a wacky bike trailer.
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Jan 22, 2018 21:56
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22 Eargesplitten posted:Man, I should have screenshotted the facebook status of a junior high friend who posted a video about how you don't have to pay taxes. He said that no taxation without representation (is that even part of our law? DC has no representation) Laffo no look up the whiskey rebellion.
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Jan 22, 2018 22:15
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Nail Rat posted:But make sure your casket is taken to the cemetery on a wacky bike trailer. Just start riding your bike to the cemetery when you feel the heart attack coming on. It saves the cost of the hospital and should finish you off, especially if it is on a steep hill.
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Jan 22, 2018 22:21
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22 Eargesplitten posted:Man, I should have screenshotted the facebook status of a junior high friend who posted a video about how you don't have to pay taxes. He said that no taxation without representation (is that even part of our law? DC has no representation) means you can choose to represent yourself and tell the IRS you owe $0. But the IRS didn't print the tax return with 11-point Helvetica, THAT MEANS ITS NOT ENFORCEABLE! BigDave fucked around with this message at 22:38 on Jan 22, 2018 |
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Jan 22, 2018 22:34
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Ashcans posted:Death hack: If you die in debt and no one steps up, eventually the government just eats the cost on disposal of your corpse. If you wonder off into the wilderness your ss check will keep coming.
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Jan 22, 2018 22:37
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kimbo305 posted:Did it work? The estate ended up giving her a little more money and a pile of expensive antiques to make her go away. Not cheap, but cheaper than a long legal fight. We've never heard from her again, so it feels pretty GWL in the end.
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Jan 22, 2018 22:48
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Elephanthead posted:Starting Aftercoin, the cryto currency you can only spend after you are dead. Imagine four blockchains on a cliff above the River Styx
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Jan 23, 2018 02:37
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Guinness posted:My dad had to deal with something similar when his mom died a little while back when he was the executor. She was not a wealthy lady by any means. She was fortunate enough to have a modest paid off house, a small retirement fund, and otherwise living mostly off of SS/Medicare. But after her last couple of years in a memory care facility her estate was effectively drained to pay for her end of life care, funeral, etc. Same with my grandma. She had SS survivor benefits and the survivor benefits from a railroad pension , but by the end she had the live-in nurse for 4 years. She died at 97, and if she lived another year she would have been out of money.
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Jan 23, 2018 03:09
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Exact same thing happened with my grandmother. Live-in-nursing in an assisted living facility for Parkinson's and progressive dementia left us with just enough for the funeral and to go out to dinner as a family after. Then again, there are 30-odd states where filial responsibility laws are on the books for children being responsible for paying back unpaid medical debt that isn't covered by the estate. So having a parent get sick and die slowly in the US can be BWM.
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Jan 23, 2018 18:23
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Chu020 posted:Exact same thing happened with my grandmother. Live-in-nursing in an assisted living facility for Parkinson's and progressive dementia left us with just enough for the funeral and to go out to dinner as a family after. Aren't those laws kind of tricky in that you have to almost actively go out of your way to be on the hook for them? I know the one I read from Pennsylvania wasn't as cut and dry as "parent die, you owe money". For like 90+% of circumstances the debt is only attached to the estate and even then it's not often worth collecting. Most places go ¯\_(ツ)_/¯ and piss off when you send them the death certificate.
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Jan 23, 2018 18:38
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https://www.reddit.com/r/personalfinance/comments/7sganx/planning_on_making_big_moves_need_advice_pls/quote:I've been a big fan of this subreddit and I've gotten lots of insight from reading posts here and I am in a dilemma rn and thought it would be wise to reach out to you all. I started to bold the good parts of this, but really the whole post is so WTF that I gave up.
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Jan 23, 2018 19:24
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Droo posted:https://www.reddit.com/r/personalfinance/comments/7sganx/planning_on_making_big_moves_need_advice_pls/ This is the pure right here.
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Jan 23, 2018 19:47
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Krispy Wafer posted:Aren't those laws kind of tricky in that you have to almost actively go out of your way to be on the hook for them? I know the one I read from Pennsylvania wasn't as cut and dry as "parent die, you owe money". Which makes sense, because it's kind of hosed up to go after people for debt they never agreed to, and possibly weren't even aware of. Doubly so in cases where they haven't talked to the parents in decades due to abuse or general hostility. Droo posted:https://www.reddit.com/r/personalfinance/comments/7sganx/planning_on_making_big_moves_need_advice_pls/ I'd say more about the crypto, but I saw his username was "Harminder_the_H0dlr" so there's obviously no hope there.
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Jan 23, 2018 19:51
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Hold on to your butts, buttholders.How I Lost Nearly 200 BTC trading this past month posted:https://www.reddit.com/r/BitcoinMarkets/comments/7s8umm/how_i_lost_nearly_200_btc_trading_this_past_month/ Troll post? Who knows, but with the size of this crypto crash I'd believe it.
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Jan 23, 2018 22:11
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Sepherothic posted:Hold on to your butts, buttholders. Hhahahahhahhaha *inhale* hahahhahahhahaha
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Jan 23, 2018 22:57
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At least his actual losses are only potential + maybe 3k in actual money. Way, way better than these suckers who lose their life savings.
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Jan 23, 2018 23:13
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totalnewbie posted:At least his actual losses are only potential + maybe 3k in actual money. Way, way better than these suckers who lose their life savings. Statistically that is their life savings.
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Jan 23, 2018 23:16
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Sepherothic posted:Hold on to your butts, buttholders. Sure, I've made gains of more than 6500%. But what if I got more? Edit: it's me, I'm bad with math crimedog fucked around with this message at 00:12 on Jan 24, 2018 |
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Jan 23, 2018 23:23
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Yeah but think of that delta.
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Jan 23, 2018 23:29
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I am shocked that gamblers don't know when to count their lucky stars and cash out. This is nothing like when my brother wins a couple grand on the early game and loses it all on the late game.
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Jan 23, 2018 23:33
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Ah yes, trading BTC on margin, because the underlying isn't volatile enough. Holy poo poo, google tells me 3x is common and 5x is possible. That's not going to end well.
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Jan 23, 2018 23:34
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SlapActionJackson posted:Ah yes, trading BTC on margin, because the underlying isn't volatile enough. If you buy the coin itself you can get 100x leverage from bitmex, fund it with payday loans
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Jan 23, 2018 23:42
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Risky Bisquick posted:If you buy the coin itself you can get 100x leverage from bitmex, fund it with payday loans i know a guy running a book at goldman for 1000x and 10,000x leveraged s&p 500 derivatives "for when you're an institution but you still want to yolo"
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Jan 23, 2018 23:46
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bob dobbs is dead posted:i know a guy running a book at goldman for 1000x and 10,000x leveraged s&p 500 derivatives How do I get a taste of this deliciousness? Goldman, gimme a call dogg!
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Jan 23, 2018 23:48
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Elephanthead posted:Starting Aftercoin, the cryto currency you can only spend after you are dead. When I die bury me in straight laced shoes A coal black coat and Stetson hat Put a full Satoshi on my blockchain So the boys know that I died standing pat CannonFodder fucked around with this message at 01:01 on Jan 24, 2018 |
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Jan 24, 2018 00:56
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