Message:

<p>[QUOTE=&quot;Nyatii, post: 3696458, member: 85686&quot;]Was able to free up some time. </p><p><br /></p><p><b>The big estate</b>, $11+ Million, was circumvented even though there was a very good will in place by an estate atty. My friend left everything to his wife, with $250K for son &amp; daughter. Upon wife&#039;s death, the estate would go to his son and daughter. Pretty straight forward. His wife had been previously married and had a daughter who my friend could not stand. She was barred from his will. She wasn&#039;t even allowed in the house. </p><p><br /></p><p>What wasn&#039;t foreseen is that his wife would have a stroke about a year before my friend died. She was doing fair but had some cognitive issues. About this time my friend had some major issues with his health and died. He hadn&#039;t time to change is will even if he could. The stepdaughter swooped in and took over the household and became the caregiver for her mother who wasn&#039;t always there mentally. She barred my friend&#039;s son and daughter out of the house because it was now the stepdaughter&#039;s mother&#039;s home. </p><p><br /></p><p>Within a matter of weeks, before probate (yes, illegal), she started liquidating millions of dollars of assets. It all disappeared. Ammo cans of gold, silver, diamonds, boxes of coins, 1000+ guns, and sold off 16 properties that were now in her mother&#039;s name. She put her mother in a nursing home and pocketed the millions. </p><p><br /></p><p><b>A second </b>one was my father who had remarried. His will stipulated that when he died, his wife would have the profits from his business until she died, and it would then revert to my sister and me. He died of a heart attack at 3:30 AM. By 8AM his bank and savings accounts had been cleaned out. By noon the business had been raided. We were then told that she was liquidating the business and if my sister and I wanted it, we would have to buy it. Gone.</p><p><br /></p><p><b>A third </b>involved an elderly husband and wife. The will stipulated that when they passed, the assets would go to the 3 sons, split equally. If one of the sons had died, his share would be split by their children. The wife had passed away previously. Then one of the sons died, leaving his portion to be split by his children. When the elderly husband died the youngest son let it be known that there wasn&#039;t anything left. Everything had been signed over to him. What nobody knew was that for years, the youngest son had convinced the husband to slowly sign everything over. </p><p><br /></p><p><b>A Forth</b> envolved a friend with about $6-7 Million in assets. His wife was to receive the goodies and if she had passed, it was to go to his grandsons. He developed Alzheimers and his wife was undulated by trips to a nursing home, her own health, and bunches of relatives hovering around harassing her. I repeatedly tried to help her straighten out their assets and liquidate which included very expensive lake property, farmland, 16-17 classic corvettes, a 100&#039; metal shed packed with early corvette parts, 200+ guns, and piles of old coins. She mentally couldn&#039;t handle it. She was badgered by her relatives. She had a stroke and the neighbors and shirttail relatives descended and made off with 90%. She ended up with little and died in a ratty nursing home. </p><p><br /></p><p>I&#039;ll give up here as it is depressing reliving this. </p><p><br /></p><p>I know you will say that people should pay more attention and take care of their assets. Life happens and that sort of slips away. Or, they should have gone to court. Well, easier said than done sometimes. Especially in small towns, and with crooked people that know how to cover their tracks.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in