My fathers mothers will was a nightmare ,she left my uncle in charge (she died in 1996) with instructions to continue to invest her estate in shares and same with the dividends . So if my father ever needed to draw on the estate he could ,never did and died 2 years ago ,so the estate grew and grew with my uncle running it for 25 odd years . When my father died the estate was then divided up to the grandchildren myself ,sister and cousins . In the 25 year period several cousins died so thus the estate was left to the remaining people . That happened after my fathers passing with 2 options . Cash in your share or keep the shares .....more work for my uncle . To his credit he never charged the estate for his time . A good man .And to our credit NO family member whom received from the estate made an issue . My uncle died from a cancer several months after the estate was settled ,myself and my sister in memory of a brilliant business woman kept our shares in full, while others cashed in..
You got your responsibilities. As Jordan Peterson would say, pick up that cross and carry it up the hill. It is doing this kind of **** with responsibility, empathy and respect that defines you as a man. It doesn't matter you are too busy, too tired, too depressed, have no energy or whatever. You promised a friend that in death, you would execute your responsibilities by carrying out his wishes. So do it to the best of your capabilities. And if it feels too much, then embrace it as it will give you character (or at least reveal it).
What a brilliant analogy Rennie! It’s a shame you had to experience the ugly side of a family member first hand.
Sudden death: We need to live our lives NOW,just got the news a friend cutting down a tree ,branch hit him and he fell back ,hit his head on rock wall ....dead. Live our lives guys NOW. I was told this by a friend before Christmas . "Money is NOT the problem now...time IS"
That's all very well. But what if you for example suffered a stroke, and were unable/unfit to continue?
Anyway, back to the original question. Thoughts about beneficiaries and their further claims upon an estate?
Any chance of Mediation via the 'facilitation' of an entity whom is respected by the beneficiaries ? But as amply illustrated by contributions to this thread Grief is a wild animal which affect people in all sorts of different ways Often irrational By the time you realize you have been bitten its too late (Regards thread title: A Rhetorical Question ? It is what it is The 'Beneficiaries' whom can & likely will choose an adversarial route ! Any skin off your nose ?)
I was executor for my sister’s estate and fortunately it all ended up OK... but if it becomes really complicated then I think the Executor’s responsibility is to do their best for the estate to be settled as the as the deceased wished; it could well be that that can be best done by engaging a solicitor to deal with any troublemakers who are making it hard for you to do your job. It’s unlikely the deceased actually wanted to cause YOU grief over this.
perhaps reckless of ME , but i DON"T have a will. It's all too hard. My own assets, assets in partnership, assets in a trust ,superfund and my share of my mothers estate when it comes up .. I do however have medical and financial power of attorney ..
The silly clock can go straight to Gumtree (Simon in charge of that area). Proceeds to go to leather Ferrari tracksuit pants for everyone?
I actually like that clock. But would rather see Clink sell it on Gumtree with the proceeds going to a pair of "too tight" leather Ferrari trackpants.