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Dividing Up Your Estate: Does it Ever Make Sense to Split it Unequally?
Townhall.com ^ | June 23, 2010 | Carrie Schwab Pomerantz

Posted on 06/23/2010 9:24:56 AM PDT by Kaslin

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To: northwinds
That being said, would you be a little surprised/upset/hurt if your father left his entire estate to your ner do well cousin with a drug habit who had never visited him?

I would be surprised, but not upset or hurt. It would be his decision.

61 posted on 06/23/2010 2:22:08 PM PDT by Fundamentally Fair (Bush: Mission Accomplished. Obama: Commission Accomplished.)
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To: Coldwater Creek

Give them monies and interest in properties now. Check but I think it is up to 10K this year, and 10 k more jan 1 Then divide up the rest.


62 posted on 06/23/2010 2:24:13 PM PDT by Chickensoup (The Acting President....is an incompetent puppet of Soros.)
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To: EBH

“Proverbs 13:22
Leave none to the sons.”

What Bible is that from?


63 posted on 06/23/2010 2:36:42 PM PDT by Reddy (B.O. stinks)
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To: northwinds

Northwinds.... FF entered this thread with a snotty remark. Just ignore it. You do not need to explain yourself.

Have a great day.


64 posted on 06/23/2010 2:45:34 PM PDT by Reddy (B.O. stinks)
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To: Kaslin

Equally is definitely the best policy.

My mom is leaving a life estate in her home to my loser sister - who has never had a real job and has never met a drug she didn’t like. To me this seems like rewarding bad behavior and punishing success.

So eventually the estate will be split “equally” but my other sister and I have to wait til the loser dies to receive our share of the home.


65 posted on 06/23/2010 2:49:58 PM PDT by conservativegirl
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To: Hoffer Rand

There might be an assumption in society that children are somehow entitled to get something from their parents when their parents die, but there is actually an encouragement in the Bible that instructs believers to leave an inheritance for their children.


66 posted on 06/23/2010 2:49:58 PM PDT by Reddy (B.O. stinks)
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To: Kaslin

I say leave an equal inheritance to all children unless one of them was born handicapped.


67 posted on 06/23/2010 2:51:18 PM PDT by Reddy (B.O. stinks)
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To: marron
Thanks!

They all know that I'm alright with dying, I just don't like the sick part. Their dad died three years ago and they know that he had a personal relationship with the Lord. I knew when he was sick that I was also, but did not tell anyone because I didn't want him to know. My children only found out by accident because I was sick with pneumonia and they were there when the doctor showed up.

I will keep your advice in mind sounds reasonable to me.

Maria

68 posted on 06/23/2010 3:01:39 PM PDT by Coldwater Creek (ue)
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To: Reddy
"I say leave an equal inheritance to all children unless one of them was born handicapped."

X2

69 posted on 06/23/2010 3:06:11 PM PDT by northwinds
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To: Reddy
FF entered this thread with a snotty remark. Just ignore it. You do not need to explain yourself.

1. I asked a question. It was neither snotty, nor a remark.

2. If you read the thread, we worked it out.

3. It is impolite to post about someone without pinging them.

70 posted on 06/23/2010 4:14:33 PM PDT by Fundamentally Fair (Bush: Mission Accomplished. Obama: Commission Accomplished.)
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To: Raycpa

The corporate attorney may get downsized as he faces age discrimination in his 40’s or 50’s, and the teacher earning 30K now may someday retire with a 60K yearly pension. Set up education funds for all the grandkids and divide the balance equally between the two sons.


71 posted on 06/23/2010 9:09:12 PM PDT by Ciexyz
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To: DallasDeb

Based on the experiences of my Dad and his three siblings when Grandma died, the one who had the highest income incl. substantial property, was the one who nitpicked loudest over every dime of the estate. The only thing they divided without rancor was the towels.


72 posted on 06/23/2010 9:15:40 PM PDT by Ciexyz
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To: Balding_Eagle

I know of a situation where the Mom of the family was giving away the maximim gift to each of her three kids every year, then she had a spike in her medical expenses and ran out of money, except for her SS check.


73 posted on 06/23/2010 9:28:15 PM PDT by Ciexyz
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