We have five grown children. The family is very dysfunctional. The eldest daughter has been out of the picture for 22 yrs..The next daughter has a collage degree in business is very capable but does not want to be in the middle of a mess that might jeperdise her relationship with her brother and niece and nephews. Next is our oldest son who is now the trustee but since he sat in the attorneys office with his Dad and I his Mother and found out our worth HE HAS CHANGED. I cannot believe how the son I thought was my rock has changed. We feel we must remove him, the trust we had in him is no longer there. Our next son has been away for 20 years serving in the US Military and will retire from there as did his Dad some 38 years ago. So he is really not avaiable. The last son, still unmarried at 36 but planning to lives from pay check to pay check and has needed much help from us, some through no fault of his own.
My husband is 80 years young and I am 76. Advice is appreciated. God Bless You
2006-12-07 08:00:07 · 9 answers · asked by Jill ❤'s U.S.A 7 in Family & Relationships ➔ Marriage & Divorce
I am really sorry to hear that. but i know what your coming from but not by being a parent side. family should be close, but some are not. mine is far from that. first of all i wish nothing but the best for you and your family . your oldest son should be ashamed of himself. so what your not worth all that but you are so don't let him bring you down, he will get his when he gets older. I would talk to your youngest son and ask him if he would. even though hes living paycheck to paycheck . alot of people are. you might be surprise if he said yes, if not go to your lawyer and appoint him good luck. p.s. in my moms will she left my brothers and sisters 0. stating the reason why shes not leaving nothing to them, and they cannot contest the will, if you state the reason for doing it.
2006-12-07 08:12:20 · answer #1 · answered by misty blue 6 · 0⤊ 0⤋
If you can find an attorney to be trustee that is an okay route but a lot of times they are hesitant to do so because they don't want to be in the middle either. Where I'm from you can name a financial institution, like a bank, as trustee. The bank administers the Trust according to the terms you've specified. You pay a nominal annual fee for the service and it will save you a lot of grief in the long run. Plus you don't have to worry about what you are going to do if something happens to the lawyer.
2006-12-07 08:18:14 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Sounds like the offspring are off limits. If the family is dysfunctional and the offspring not available or reliable turn to your next closest trusted relative or friend. If you have none then consult the trust company of your bank. They may agree to serve. Be careful about the fees though.
2006-12-07 08:06:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Make the attorney your Trustee and have the estate split 5 ways..no matter what they do for a living or how many times they have disappointed you they are still your children, you brought them into this world.
2006-12-07 08:08:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Name an attorney as the trustee and donate your money to a college or some other organization. Don't worry about your kids reaction when they find out. You won't be around to hear it.
2006-12-07 08:05:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I would either appoint a family friend that you trust or an attorney. A trustee doesn't have to be related to you, it should be someone you trust to make sound decisions.
2006-12-07 08:08:29 · answer #6 · answered by ? 6 · 0⤊ 0⤋
Unless your father is subject to a senior exemption for taxes, there should be no change unless the property has changed, such as adding rooms or changing lot size. To be certain, you can contact your county's Assessor's office and ask the people who are responsible for your tax billing.
2016-05-23 04:22:20 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I would find an impartial reputable financial firm or CPA to represent you.
2006-12-07 08:06:32 · answer #8 · answered by wild_orchid_tx36 5 · 0⤊ 0⤋
get an honest close friend to handle it or a lawyer. the friend would be better and cheaper.
2006-12-07 08:14:24 · answer #9 · answered by sinned 7 · 0⤊ 0⤋