Yes Sir, they were all material things that were enjoyed and payed for. Means nothing in the end.
Who gets your stuff when you're gone?
- Thread starter AccelR8
- Start date
Brutal!
If you haven't already, go to your bank and set up pay on death riders on your accounts. This avoids having the accounts go through probate.
So ugly she has to sneak up on a glass of water. Or uglier than a can of smashed assholes.
Well I am going through this right now. I was asked by an older couple we knew only through church to help them in their later years. No kids. No close family. We agreed blindly. Fast forward 10 years.. Both passed from short and serve battles with cancer. Thankfully her battle was short. His wasn't as forgiving. His estate had 70 plus firearms. More than 30 calibers. Reloaded everything. Hadn't reloaded anything in over 20 years. Hundreds of coffee cans, jelly jars, cool whip containers, etc. with 10-20 loaded rounds and a hand written note with very basic load information.
Trying to get stuff ready for an estate/farm auction this weekend. I have spent over two weeks in "the room" trying to sort items. The auctioneer came by this evening to go over some details. He thinks the all firearms (saved 20 for the auction), scopes, reloading supplies, and related will sell well. Lots of inquires.
We have thousands of rounds of hand loaded ammo. I didn't plan to sell this at auction. I personally wouldn't shoot some else's random reloads. I roll all my own as well but each reload is tailored for a particular rifle. I don't consider them interchangeable. I personally load for precision - case preparation, weight every charge, premium bullets, minimum bump on the resizing, etc. Since the gentleman never reloaded during the entire time I knew him - I don't know his practice with reloads. I am having an internal battle about selling his reloaded ammo to someone that may damage their firearm or themselves with it.
It isn't a money issue. All proceeds are going to charities. They gave everything away and it will amount to a lot. Salt of the earth people. Born and raised in the Great Depression. They saw value in everything and threw nothing away.
Anyhow, those of you in your later years figure out who is going to inherit your stuff. Leave them notes. Talk to them about it. Give them as much as you can while you are living. Go to their house and pet your guns if you need to. Don't leave them with questions like I am facing.
My oldest son in an outdoor nut has been reloading his own stuff since he was 14. My youngest is now 18 but was a later starter on hunting and fishing but is now charging ahead full steam. The first thing I am going to do when I get all this settled is have a set down with them and set what they want and what they don't.
And for the Love of God - set your estate up so you avoid probate. Use a Trust. Use Transfer/Payable on Death if your state allows. Condense your investments to one or two investors/banks. Sell off your coin/card/whatever collections. You are not taking it with you.
Tim
Trying to get stuff ready for an estate/farm auction this weekend. I have spent over two weeks in "the room" trying to sort items. The auctioneer came by this evening to go over some details. He thinks the all firearms (saved 20 for the auction), scopes, reloading supplies, and related will sell well. Lots of inquires.
We have thousands of rounds of hand loaded ammo. I didn't plan to sell this at auction. I personally wouldn't shoot some else's random reloads. I roll all my own as well but each reload is tailored for a particular rifle. I don't consider them interchangeable. I personally load for precision - case preparation, weight every charge, premium bullets, minimum bump on the resizing, etc. Since the gentleman never reloaded during the entire time I knew him - I don't know his practice with reloads. I am having an internal battle about selling his reloaded ammo to someone that may damage their firearm or themselves with it.
It isn't a money issue. All proceeds are going to charities. They gave everything away and it will amount to a lot. Salt of the earth people. Born and raised in the Great Depression. They saw value in everything and threw nothing away.
Anyhow, those of you in your later years figure out who is going to inherit your stuff. Leave them notes. Talk to them about it. Give them as much as you can while you are living. Go to their house and pet your guns if you need to. Don't leave them with questions like I am facing.
My oldest son in an outdoor nut has been reloading his own stuff since he was 14. My youngest is now 18 but was a later starter on hunting and fishing but is now charging ahead full steam. The first thing I am going to do when I get all this settled is have a set down with them and set what they want and what they don't.
And for the Love of God - set your estate up so you avoid probate. Use a Trust. Use Transfer/Payable on Death if your state allows. Condense your investments to one or two investors/banks. Sell off your coin/card/whatever collections. You are not taking it with you.
Tim
Dusty Stevens
Shiner
I don't think that you're allowed to sell handloads unless you have an FFL. I wouldn't. I'd suggest turning them over to someone for disposal.
I don’t know what this has to do with this thread , but that’s funny. You got the Paint horse and Nancy in reverse order though.
soo.. I am more so on the other end of what you gentlemen are discussing,
My dad and i run and operate a family farm that was owned by my grandparents, my dad bough out part of the machinery a couple decades ago, but my grandparents still owned much of the property and part of the equipment....
now several years ago my grandma came down with dementia, and has been in a home. than 2 years ago my grandpa past away from back to back strokes pretty un expected.. now they do have everything set up in a trust and nothing can happen/ change till my grandmas passing...
now my grandpa did set it up pretty decent, its set so we can buy it at a reduced price otherwise we would need to compete with local fruit farmers which could not be done... but my grandpa new this hence the reduced rate... the hiccup comes at the point i have 3 other aunts and an uncle that are not very happy about this but they didn't stay on the farm, and if not for my dad it would have had to been sold years ago as my grandpa couldn't have taken care of it on his own, ( several of my grandpas friends, and even his accountant said to just give the whole thing to my dad).. but he didn't think that was fair... ..
so now onto the next thing... roughly 3 months before his passing him and i began discussing me purchasing his part of the rest of the farm.... we had some numbers worked out... and honestly the first number i went to him with , his response was " No that's way too much you couldn't afford to do that and keep everything going"... so we sort of settled on a price and figured we would get it all taken care of later that year after crops were done... he passed away in June, so it never got that far.... so now the aunts and uncle aren't thinking i shouldn't buy it as its set in the trust for my dad to buy it, he is 56, and says why should he go into that much debt for a few years and turn around and sell it to me anyways... .. funny thing is .. all of my cousins ( there are a lot ) think i should be allowed to buy it when it comes to that, but its sort of up in the air....
So my advice to anyone is to have it set up good and strait forward, and make it easily change able.. And the more you leave behind the cleaner the set up needs to be.. add on top the more family you have left and the more defined it needs to be yet... other wise it will tear family's apart.. and it still might if some one feels shorted....
My dad and i run and operate a family farm that was owned by my grandparents, my dad bough out part of the machinery a couple decades ago, but my grandparents still owned much of the property and part of the equipment....
now several years ago my grandma came down with dementia, and has been in a home. than 2 years ago my grandpa past away from back to back strokes pretty un expected.. now they do have everything set up in a trust and nothing can happen/ change till my grandmas passing...
now my grandpa did set it up pretty decent, its set so we can buy it at a reduced price otherwise we would need to compete with local fruit farmers which could not be done... but my grandpa new this hence the reduced rate... the hiccup comes at the point i have 3 other aunts and an uncle that are not very happy about this but they didn't stay on the farm, and if not for my dad it would have had to been sold years ago as my grandpa couldn't have taken care of it on his own, ( several of my grandpas friends, and even his accountant said to just give the whole thing to my dad).. but he didn't think that was fair... ..
so now onto the next thing... roughly 3 months before his passing him and i began discussing me purchasing his part of the rest of the farm.... we had some numbers worked out... and honestly the first number i went to him with , his response was " No that's way too much you couldn't afford to do that and keep everything going"... so we sort of settled on a price and figured we would get it all taken care of later that year after crops were done... he passed away in June, so it never got that far.... so now the aunts and uncle aren't thinking i shouldn't buy it as its set in the trust for my dad to buy it, he is 56, and says why should he go into that much debt for a few years and turn around and sell it to me anyways... .. funny thing is .. all of my cousins ( there are a lot ) think i should be allowed to buy it when it comes to that, but its sort of up in the air....
So my advice to anyone is to have it set up good and strait forward, and make it easily change able.. And the more you leave behind the cleaner the set up needs to be.. add on top the more family you have left and the more defined it needs to be yet... other wise it will tear family's apart.. and it still might if some one feels shorted....
jackson1
Silver $$ Contributor
During my life, the vast majority of it has been spent with family. You can't pick em, but I love and enjoy them. Currently looking for land and a cabin for my family so we can better chase our outdoor interests. Both my sons are shooters and my grandkids are following. My sons get most every thing and they have seen the will. My youngest grand daughter gets my Marlin 39A and has her eyes on my Alex Wheeler built 6BRA. Me and Pais have always been close. She is to much like her grand mother. They have been known to clash, with Grampa acting as referee.
Joe Maisto
jam711
I just sold all my Competition shooting stuff for the very reason this thread was started. My wife had no interest in learning or knowing anything. Went to a match last year and just about gave it away to those i have known, and ALL of it top quality , as...that's the way it is in SR BR.
All my firearms-suppressors-reloading supplies and equipment to to grandson. Put suppressors in trust so when I am gone go directly to him.
Hino895
Gold $$ Contributor
My son died in August but he wouldn’t be interested in anything I have to pass along.
Fortunately I have a couple nephews that I’ve been able to influence over the years and they will get a lot of my stuff.
The rest I have a lifelong friend that is quite a bit younger and is knows what the value of the rest of my collection.
I have arranged with my wife and him and they will dispose of the rest.
Fortunately I have a couple nephews that I’ve been able to influence over the years and they will get a lot of my stuff.
The rest I have a lifelong friend that is quite a bit younger and is knows what the value of the rest of my collection.
I have arranged with my wife and him and they will dispose of the rest.
rjtfroggy
Gold $$ Contributor
Taking care of my mothers finances I have found that even before you are gone the VOLTURES start to circle and the hard feelings begin to nurture.
My advice ( and it is worth what you are paying for it) Make sure there are real tears at your funeral and dispose of anything and everything before you are gone, that way no fighting among family members and the only one they are mad at is you.
My advice ( and it is worth what you are paying for it) Make sure there are real tears at your funeral and dispose of anything and everything before you are gone, that way no fighting among family members and the only one they are mad at is you.
Here’s an interesting concept that worked out well. When my grandmother passed away in the early 70’s. Instead of trying to divide her belongings amongst all of her children. They held an auction only for the family. If there was something that you wanted, you had to out bid your siblings. They auctioned everything off to family, then divided the proceeds. My dad was executor, so he did the auctioneering, and my mother was allowed to bid in his place.
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