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re: What are you going to do with your money when you die?

Posted on 5/16/20 at 10:38 am to
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20543 posts
Posted on 5/16/20 at 10:38 am to
Why does being alive or dead matter in your reasoning? Are you saying it makes more of a good person to spend all of his/her savings to donate and chance not having enough before they die? What kind of fricking logic does that follow?
Posted by High C
viewing the fall....
Member since Nov 2012
62216 posts
Posted on 5/16/20 at 10:40 am to
I’ll have to ask Great Aunt.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33449 posts
Posted on 5/16/20 at 10:46 am to
quote:

Why does being alive or dead matter in your reasoning? Are you saying it makes more of a good person to spend all of his/her savings to donate and chance not having enough before they die? What kind of fricking logic does that follow?


I'm not going to that extreme. No need to turn yourself into a pauper. But if you donate little to nothing during your life, then when the money is of no use to you and is about to transfer into the possession of someone else, you then redirect it elsewhere, I'm disinclined to give you much credit for having done so, regardless of whether the new target is a charity.

If you do donate during life, and kick in some extra after you die (particularly if you die a bit younger than expected), then good on you.
This post was edited on 5/16/20 at 10:46 am
Posted by Hamma1122
Member since Sep 2016
22573 posts
Posted on 5/16/20 at 10:46 am to
Leave to my son
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
86528 posts
Posted on 5/16/20 at 10:49 am to
I am giving one third to the the child who loves me unconditionally. I am giving a third to the child who loves me conditionally. And I am giving a third to the child who loathes me both conditionally and unconditionally.
Posted by BowlJackson
Birmingham, AL
Member since Sep 2013
52881 posts
Posted on 5/16/20 at 11:02 am to
I want it converted into gold dabloons, then I want all of my organs removed and the dabloons to stuff the empty void in my body that's left over, then I want it all sewed up inside of me
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79887 posts
Posted on 5/16/20 at 11:05 am to
So you give more credit to someone giving $100 a month and dying a millionaire and not giving any more to charity than that same person dying and giving all their fortune to charity?

Your logic seems sound.
Posted by GreatLakesTiger24
Member since May 2012
61614 posts
Posted on 5/16/20 at 11:08 am to
what awful logic. i'm guessing you won't have to donate when you die.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124694 posts
Posted on 5/16/20 at 11:18 am to
Giving it to my children and to TAF
Posted by danilo
Member since Nov 2008
26350 posts
Posted on 5/16/20 at 11:19 am to
First I must gain money or dependents
This post was edited on 5/16/20 at 11:47 am
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33449 posts
Posted on 5/16/20 at 11:20 am to
quote:

So you give more credit to someone giving $100 a month and dying a millionaire and not giving any more to charity than that same person dying and giving all their fortune to charity?

Your logic seems sound.


Nope, but that's a fancy looking strawman you built.

I give credit to those who make/made some level of sacrifice to donate to charity. I do not give credit to those who make/made no sacrifice in order to donate to charity.

So, applied to your hypothetical, I wouldn't give much, if any, credit to either of them.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33449 posts
Posted on 5/16/20 at 11:23 am to
quote:

what awful logic. i'm guessing you won't have to donate when you die.


Unless I have some catastrophic health expense or die very young, the odds that my heirs don't see some measure of windfall are vanishingly small.

But I appreciate your concern <3
Posted by onelochevy
Slidell, LA
Member since Jan 2011
18379 posts
Posted on 5/16/20 at 11:27 am to
The plan is to spend it all and have a blast before I die. Wife and kids can split up the life insurance policies.
Posted by eddieray
Lafayette
Member since Mar 2006
19522 posts
Posted on 5/16/20 at 11:38 am to
They say make your last check a hot one
Posted by Oilfieldbiology
Member since Nov 2016
42789 posts
Posted on 5/16/20 at 11:40 am to
I’m planning on having a Viking funeral where they place my greatest treasures and a beautiful virgin aboard my war vessel and burn us
Posted by biglego
San Francisco
Member since Nov 2007
85581 posts
Posted on 5/16/20 at 11:55 am to
Withdraw it all and make a bonfire
Posted by POCKET
Member since Nov 2011
2658 posts
Posted on 5/16/20 at 11:57 am to
I’ve never really understood when people wait until they pass to start sharing their money. Especially rich people.

For instance, knew a family where the parents had millions and did not share with children until they passed. They did not pass until close to 90 and by then kids were 60+. Then the cycle repeated. In the end, 2 generations could have started sharing with their children sooner and improved their life styles but they chose not to do that.

I don’t care what others do, but I always have said that if I’m in a similar position I’m going to start sharing way sooner and get to witness my kids / grandchildren enjoy the money.

Whatever is left over 80/90% heirs and 10/20% church
Posted by Celery
Nuevo York
Member since Nov 2010
11748 posts
Posted on 5/16/20 at 12:03 pm to
I don’t have any money so, probably just try to pay my rent.
Posted by namvet6566
Member since Oct 2012
7910 posts
Posted on 5/16/20 at 12:22 pm to
My last check will Bounce
Posted by Spankum
The Sip
Member since Jan 2007
63332 posts
Posted on 5/16/20 at 12:33 pm to
Fact is, unless you die suddenly and young, most don’t have much left when they die....those last several months of life typically burns through a whole lifetime of saving.
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