Any Bankers on here?
Some of my Senior Single friends purchase RV's on the "Thousand dollars down and twelve years to pay it off" plan. My question is, "What happens when they expire three years into the twelve year co...
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I was the lucky or unlucky person to be responsible to be the Executor of 4 Estates. Having a degree in Accounting, I was elected. I told them never again after the last one.
Thank goodness all of the Estates were debt free, just a lot of taxes to our favorite relative, Uncle Sam.
I had a friend who for some weird reason bought a piece of land in Costa Rica before she died. The property is in a very remote and unsaleable area (easily). The property had to be 'separated' from the regular Estate so that the Estate could close. The property is still in 'never never land'. They can't even give it away. Crazy situation.
Every situation is different as are the family dynamics.
Safe travels and make sure your will is in order.
MM.
Thank goodness all of the Estates were debt free, just a lot of taxes to our favorite relative, Uncle Sam.
I had a friend who for some weird reason bought a piece of land in Costa Rica before she died. The property is in a very remote and unsaleable area (easily). The property had to be 'separated' from the regular Estate so that the Estate could close. The property is still in 'never never land'. They can't even give it away. Crazy situation.
Every situation is different as are the family dynamics.
Safe travels and make sure your will is in order.
MM.
