Didn't want to hijack Tactical's thread. My wife and I are in our 70s and have no kids. My sisters and her brothers are self sufficient. Several are liberals. Most of our nieces and nephews are liberals. Tradition would dictate that we split our estate among the nephews and nieces. We have decided that doing that would result in our assets being used to work against the things we believe in. Instead we have 2 worthy heirs, one nephew that joined the Marines and one niece that is, against all odds, a registered nurse. They will be splitting the estate which is significant for this area. Has anyone been through this type of situation and were there any issues that arose? We are sure some will feel they are entitled to be heirs and they may think poorly of us but we don't care.

I am in a similar situation but far younger than you. I went to an attorney that specializes in Estate Planning. Up until a few years ago, I have left everything to an "association" but something happened that made me change my mind. We wrote everything up, took care of Transfer on Death deeds for the real estate and all that jazz. My Niece gets everything and everyone else can go suck an egg. Start to finish it was less than $1,000.

You'll be gone, let them be mad

It is your money. Do what you want with it. At 70. You have a long ways to go. Enjoy what you worked for. If there is anything left. So be it. Don’t worry about it.

My aunt and uncle same boat, they left it all to my cousin their niece.. now me I don't care but other family members are ticked about the situation. Now my uncle doesn't have kids, not leaving money that goes to his brother's and sisters, what are left. But all his guns get left to me and my dad because we are about the only ones that hunt he says lol.

Yep, have it spelled out in the will. Especially with liberal step-children, like I have. I don’t need libs getting any of my loot.

No one is entitled to anything. Give it to your favorites.

Please take the time to go to a good estate planning attorney and get all the deeds and transfer documents drawn up and in order so it is crystal clear what your wishes are. That will make it easier on your heirs if the others try to challenge your will. Most of the problems come from a will that is scribbled on a piece of notebook paper. It is your estate you owe nothing to anyone, do with it as you please.

It is important to ensure that your intent is crystal clear. So, make sure to specifically disinherit those who would inherit pursuant to the statute of descent and distribution. It is also a good idea to state that anyone who contests will receive nothing.

We are similarly situated. Will leave everything to a foundation that we created.

The estate attorney I used, said spell out the people you leave out and give them a dollar. That way they don't have footing to contest the will on grounds you forgot them. Just food for thought.

This, but only after you do your best to spend it all first.

X2

It has been too long ago so I don't remember all the details but as I recall, if all the documents including the Will are registered with the court, that keeps them free from any Probate proceedings.

Has any of you recorded a video of yourself discussing who gets what? I think it’s a neat idea.

‘“ Tommy, I leave you nothing, since you have been a D-Bag most of your adult life”. lol I would have some fun with this…

I didn't do a video, but the last paragraph of my Will does state the type of "send off" I want along with some pretty specific instructions. The last line is "It better not be lame either"!

I could be adopted pretty easily! My wife and I are late 60's and are talking about what to do with all the stuff and land and no kids also.

You will be dead leave it to whomever or wherever and don't tell anyone beforehand unless you like drama

Wills are important but you can define your beneficieries which is even more important in many ways. Those can be done with a financial planner at much lower or at no cost then an attourney. Once you got all those things done your estate attourney can wrap that up in your will. Don't know your thoughts but if it were me I would have your reasons in writing and it may be good to let people know your plans while you are alive and why your doing it. That may cause you and your spouse some issues but you will be around here to buffer the relations between your nephews, nieces etc.


Bryce

Was it a choice that you have no kids?

There are plenty of organizations that help kids that really need it. You could also go the scholarship route for an individual that puts in the work to earn it.

The next great civil war is coming. When politics divide families. If you. Have no heirs and politics drive you apart from your family donate it to a charity.