No one wants that much responsibility. Plus you are past the age of house trainable.
Next stop,,, granny’s gone wild.

Look into a will vs a trust before you do anything.

My neighbor had put me as the executor of his will and when he died in January I went and talked to my Dad's old lawyer. Because his checking/savings account had his step son's name on them they are not part of the estate. That meant there was no money to do a probate and he recommended I not get involved. There are two properties, one willed to his step kids and the other to a friend of his. According to the lawyer if you wait 6 months after the death and than file the original will, a copy of the death certificate and an affidavit of successorship to the court the property title will transfer. As far as bills go his ex-sister-in-law had a power of attorney for medical and financial issues. He had fallen several times which is why she had the power of attorney. She took care of his finances, but that ended the day he died and all the funds became his step son's. So I asked the lawyer what happens to any unpaid bills and he said that the person/entity that was owed money could petition the court to become the executor of the estate and go through probate and try and recoup what was owed that way. He said that rarely happens because usually the reason estates don't go through probate is because there is no money to do so. I learned a bit and stepped away. Will be looking to see how this turns out in July,

When contemplating heirs, I initially thought I should direct the bulk to those with the most need. Then I got to thinking, those with the biggest need got there by making stupid decisions.
Most of my estate is going to those who have exhibited good decision making skills.

That portion of scripture now makes a little more sense; "to those who have, more will be given,......".

Wise.

These were exactly my thoughts when I set up my Trust’s beneficiaries, tangible & intangible assets!!

My two kids split it with the exception of whomever gets the dogs gets $25,000 apiece. I didnt want to leave anything to the grandkids because they are too young yet to know if they are going to be a lost cause

My mom had an old maid first cousin who named me as executor of her estate. I knew where the key to a box that contained her will. She had a nice seven digit estate and lots of cousins. When she wrote her will, she left half to her mothers side and half to her fathers side. At the time of the writing,mher first cousins were alive, and named in the will. She selectively included the term “per sterpes” after some of their names, but not all. After her death, the attorney showed me the distribution formula. If a cousin had children who were problems, my cousin did not include “per sterpes” after the parent’s name. By doing this, the problem kids got nothing. They all assumed they were going to receive their parents portion, but they were unpleasantly surprised to get zero.

Per Sterpes is a Latin phrase meaning to stand in someone’s stirrups. This permits inheritance to flow down to the next generation.

My wife’s mom did the same thing to exclude a drug addicted nephew, however the nephews mom died just a week after his grandmother. This allowed the daughter to inherit her own portion. The nephew, an only child, got his mom’s share. Fortunately the nephews inheritance was placed in a trust to preserve him home and living needs. If the mom had passed before the grandmother, the “per sterpes” clause would have left him nothing and his mother’s portion would have been divided between two aunts and an uncle.

Another issue to consider is when both partners in a marriage have kids by a previous marriage. A QTiP Trust assures each family retains their own property upon the first death.

I don't think that material wealth is what this passage was referencing.

Are we forgetting the parable I mathew Mark and Luke when jesus says, and I'm paraphrasing, "sell all your possessions and give it to the destitute"?

Agreed, however the passage describes three different characters and their handling of financial assets that were entrusted to them. So it sort of fits.