re: Consolidating estate of parents in declining health

From experience and not talking out my butt on this.

1. If your wife can truly handle it, let her. No matter how long you have been married, despite what you may think, you are an "outsider" to other family members when $$$$ comes into play. My wife can't handle money and the rest of the family lives across the country. I went out of my way to take care of several small matters (closing credit accts, paying property taxes) and kept everyone informed of every step. Next thing you know, I am being accused of all kinds of crazy shite. Later on talked with others who encountered the same thing. Money and grief makes sane people crazy.

2. Keep immaculate records of everything. I did and it helped when I was accused.

3. Be ready for the tax man. The Gov has to get theirs one last time..