Whom thinks lazy entitled layabout beneficiaries should be able to challenge a will? | Page 3 | FerrariChat

Whom thinks lazy entitled layabout beneficiaries should be able to challenge a will?

Discussion in 'Australia' started by carl888, Jan 6, 2023.

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  1. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,318
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    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..
     
    PAP 348 and MrGrigio like this.
  2. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,768
    Melbourne
    Full Name:
    Rennie Stein
    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).
     
    PAP 348, Arvin Grajau and craze like this.
  3. monza75

    monza75 Formula 3

    Apr 5, 2012
    1,343
    Melbourne, Australia
    Full Name:
    Dan
    What a brilliant analogy Rennie!

    It’s a shame you had to experience the ugly side of a family member first hand.
     
    Arvin Grajau likes this.
  4. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,318
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    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"
     
    PAP 348 likes this.
  5. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,882
    Melbourne, Australia
    Full Name:
    Carl
    That's all very well. But what if you for example suffered a stroke, and were unable/unfit to continue?
     
  6. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,882
    Melbourne, Australia
    Full Name:
    Carl
    How is your 35m going? :D
     
  7. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,882
    Melbourne, Australia
    Full Name:
    Carl
    4%
     
  8. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,882
    Melbourne, Australia
    Full Name:
    Carl
    Anyway, back to the original question. Thoughts about beneficiaries and their further claims upon an estate?
     
  9. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,318
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    For me, it's so wrong a legal firm or a court can change the original settlement of one's will ..
     
    Steve355F1 and kena like this.
  10. B500

    B500 Formula Junior

    Oct 27, 2021
    785
    37*27'33"S 147*49'59"E
    Full Name:
    Mick
    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 ?)
     
  11. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,768
    Melbourne
    Full Name:
    Rennie Stein
    That's self evident isn't it.
     
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  12. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,124
    Adelaide, South Aust
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    Steve
    Boy, the lengths some people will go to to get out of being an executor…
     
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  13. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    23,978
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.
    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.
     
    monza75, Steve355F1, PAP 348 and 2 others like this.
  14. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,318
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    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 ..
     
  15. FazzerPorscheman

    FazzerPorscheman F1 World Champ

    Jul 28, 2010
    15,282
    Piz Gloria
    Full Name:
    EnzoFerdinand
    Just make sure you spell my name correctly. Please. [emoji16]
     
  16. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,199
    Mount Isa, Australia
    Full Name:
    Pap
    Lol, that's what I was thinking also. :p:p
     
  17. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,199
    Mount Isa, Australia
    Full Name:
    Pap
    Sorry to hear about your Sister, but glad that side of it all went well for you. :):)
     
  18. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,656
    North Qld
    Full Name:
    simon klein
    ENZO ELVIS TAZIO

    Did I leave any out?
     
  19. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,124
    Adelaide, South Aust
    Full Name:
    Steve
    Can I have your scotch collection?

    And your fireplace? :p
     
  20. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,199
    Mount Isa, Australia
    Full Name:
    Pap
    Lol, gimme his Rolex collection and you mongrels can fight over the rest. :oops::oops:
     
    Steve355F1 likes this.
  21. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,124
    Adelaide, South Aust
    Full Name:
    Steve
    The silly clock can go straight to Gumtree (Simon in charge of that area).

    Proceeds to go to leather Ferrari tracksuit pants for everyone?
     
    wrxmike, greg246 and Horse like this.
  22. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,199
    Mount Isa, Australia
    Full Name:
    Pap
    I actually like that clock. :D:D

    But would rather see Clink sell it on Gumtree with the proceeds going to a pair of "too tight" leather Ferrari trackpants. :oops::oops:
     
    Horse likes this.
  23. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,727
    Australia
    Full Name:
    John
    Best post ever .... apart from Gary's "pizza" oven :)
     

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