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re: My parents are in their late 70’s and refuse to create a will
Posted on 4/28/26 at 10:23 am to Mid Iowa Tiger
Posted on 4/28/26 at 10:23 am to Mid Iowa Tiger
quote:
on every visit I’m grabbing what I want. This trip is a matched set of Ruger red label o/u.
Are you an only son/child? Did he tell you to take them? If not you're nothing more than a piece of shite theif.
1
Posted on 4/28/26 at 10:24 am to HoustonGumbeauxGuy
If they truly don’t have a bunch of assets and you are friendly with all your siblings it’s not the biggest deal. If you have a problem sibling and they know it urge them to do a will.
If there is no will all the assets will be split evenly among the siblings. Would have to go a lawyer to transfer the assets, especially if there is a house involved.
My big take away. It’s either they have a lawyer make a will now. Or you have to deal with lawyer asset transfer after.
If there is no will all the assets will be split evenly among the siblings. Would have to go a lawyer to transfer the assets, especially if there is a house involved.
My big take away. It’s either they have a lawyer make a will now. Or you have to deal with lawyer asset transfer after.
Posted on 4/28/26 at 10:24 am to Spankum
quote:
Fact is, 95% of all of the stuff any individual owns is worthless to anyone but them.
It is, but it's very valuable to The State.
Setting up a proper will, and/or a trust, is vital to limiting tax burdens for the surviving family.
My parents are also in this stage of life, and are unwilling to handle this aspect of their mortality. My dad has literally said, "what do I care what you do with any of it? I'll be dead." I mean, that's his right, but it does cause a lot of future headaches that us kids will have to contend with, for months after death, potentially.
Posted on 4/28/26 at 10:24 am to HoustonGumbeauxGuy
Not having a will makes almost no difference, especially in Louisiana. Most wills just say something to the effect of, “I leave all that I die possessed to my spouse, and should my spouse predecease me, to my children in equal portions.”
Intestate succession would do the exact same thing.
Y’all will just have to work it out.
Intestate succession would do the exact same thing.
Y’all will just have to work it out.
This post was edited on 4/28/26 at 10:26 am
Posted on 4/28/26 at 10:25 am to HoustonGumbeauxGuy
Extremely irresponsible on their part
Just gonna create problems and hard feelings towards yall siblings.
Money does that
Worthless junk as well
Just gonna create problems and hard feelings towards yall siblings.
Money does that
Worthless junk as well
Posted on 4/28/26 at 10:25 am to hubertcumberdale
quote:
My dad is 82 and mom 8 years younger and never once have asked them about a will, is that not normal?
It's not about it being normal or not, it's about doing it while they are still alive in order to avoid at least some drama after they pass.
They should have already been on top of this and discussed it with their heirs. Many don't want to do it because they don't want to think about the eventuality of their death, passing it off as "oh, I don't care, you all just figure it out among yourselves" or something similar.
If they don't have a will, when they die the state will determine who gets what (see: intestate succession).
Some of the worst drama among families I've seen has come from inheritance issues which weren't settled prior to the person's death (ie: a will). It's going to feel ghoulish the first time you discuss it, but part of being an adult is recognizing when things need to be done regardless of how difficult they are.
Posted on 4/28/26 at 10:25 am to HoustonGumbeauxGuy
If they just want to leave everything in equal portions to you and your siblings when they die, then there's really no need to have a will.
Posted on 4/28/26 at 10:26 am to Bard
very good summary, thanks for posting
Posted on 4/28/26 at 10:29 am to HoustonGumbeauxGuy
With no prior divorces, you and your siblings should get along and have no issues.
Is one of your siblings an a-hole?
If so, a will can make that slightly better (but they can lawyer up and still be an a-hole even with a will).
Is one of your siblings an a-hole?
If so, a will can make that slightly better (but they can lawyer up and still be an a-hole even with a will).
Posted on 4/28/26 at 10:30 am to RoyalAir
quote:
Setting up a proper will, and/or a trust, is vital to limiting tax burdens for the surviving family.
What kind of assets are you referencing?
This doesn't sound true to me in a situation where someone doesn't have a lot. But maybe im missing something
Posted on 4/28/26 at 10:31 am to HoustonGumbeauxGuy
Kinda. Mine are older also and I know they’ve taken care of things but have rarely talked about it with us. So kinda just plugging along but not really a worry just odd.
Posted on 4/28/26 at 10:41 am to HoustonGumbeauxGuy
Not legal advice but it depends where your parents live and it also depends on what your parents have in their estates - but if they live in Louisiana, Louisiana's laws on intestacy (i.e. dying without a will) are extremely specific, simple, and well written - most people do not need a will - when the first parent dies, the surviving parent will get a usufruct over the deceased parent's 1/2 of the marital community with any separate property of the deceased parent being divided among you and your siblings evenly - when the other parent dies, all that parent's property will be split between you and your siblings evenly
Posted on 4/28/26 at 10:48 am to OGtigerfan87
quote:
Am I wrong to say as long as you and your siblings get along and have an understanding you should be able to work it out amongst yourselves afterwards?
I know OP said there's not a lot of money to be had, but this is never a good idea even if they're close siblings. Once money or valuables are up in the air, people get greedy and irrational.
Posted on 4/28/26 at 10:49 am to OGtigerfan87
quote:You’d think this, but too often things go sideways and it splits families apart.
Am I wrong to say as long as you and your siblings get along and have an understanding you should be able to work it out amongst yourselves afterwards?
It’s usually because one sibling is driven, successful, and financially stable. And the other is lazy, got some bad breaks along the way, and feels entitled to more than their fair share and holds resentment when the successful one just wants an even split.
Posted on 4/28/26 at 10:49 am to HoustonGumbeauxGuy
quote:
but there are several of us siblings who will be standing with our dicks in our hands if we don’t have something to go by.
Count your blessings. You could be standing there with a dick in your mouth.
Posted on 4/28/26 at 10:49 am to Hale Lipari
quote:
Not legal advice but it depends where your parents live and it also depends on what your parents have in their estates - but if they live in Louisiana, Louisiana's laws on intestacy (i.e. dying without a will) are extremely specific, simple, and well written - most people do not need a will
Louisiana isn't so bad with this, but without a will it will include courts, possibly lawyers and the potential for family stress. It's all unnecessary considering how inexpensive a will is to get these days. One can be done through an online legal service for around $250 and will save a family a lot of potential problems.
Posted on 4/28/26 at 10:51 am to HoustonGumbeauxGuy
Where there’s a way, there’s a will.
Posted on 4/28/26 at 10:52 am to HoustonGumbeauxGuy
Cause once they write one, they are worried you all will turn in them and fight.
Do they have substantial assets? Life insurance to help cover estate taxes the kids assume?
Many financial vehicles have built in beneficiary elements that bypass probate, etc
Do they have substantial assets? Life insurance to help cover estate taxes the kids assume?
Many financial vehicles have built in beneficiary elements that bypass probate, etc
Posted on 4/28/26 at 10:54 am to RoyalAir
quote:
It is, but it's very valuable to The State.
Setting up a proper will, and/or a trust, is vital to limiting tax burdens for the surviving family.
Please explain….
Unless the tax laws have changed, you have to receive one hell of an inheritance before it is taxed at all. It takes a hell of a lot of used household items to reach that threshold.
This post was edited on 4/30/26 at 1:30 am
Posted on 4/28/26 at 10:56 am to HoustonGumbeauxGuy
quote:
Anyone else in this situation?
What did you do?
Sit them down and explain how a will can keep your family from fighting over whatever they have left. Went through that and it was awful.
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