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My insane life as of late
13 years ago
General
Greetings One & All
Well, first of, I've been working quite a bit. Which I'm really glad for. I'm planning on going to MegaPlex this year & somehow, I've got to make enough moneys for that.
Second (and the real reason I'm writing this) is I just need to rant. Bear with me while I try to explain....
As many of you know, I lost both my parents in 2011. My mom passed in March & my dad in December. The way they had things set up was: My oldest brother would get their house. My other brother would get stocks, bonds, cds, 401Ks, insurance policies & monies & would get the house I currently live in (it was my grandparents' house). So...everything goes into the pot (everything, that is that doesn't already have a beneficiary tied to it) & then is divided 3 ways. If someone's portion was higher, they have to make up the difference to the others. So, if the total value is $75,000 everyone gets $25K....but if the moneys only equal out to $10k, then my brother & I would have to make the difference. This (in theory) is fine, however, didn't know that in the will, my parents wanted to leave something for their grandkids. SO....THAT has to come off the top.
Long story short.....no matter how the math is done....I'm screwed! Both my brothers have something that they do not have to put in the pot. And both are nice amounts & would help. But even if they do......I still have to pay. I'm doing ALL the work, they're reaping all the benefits & now, instead of having my house free & clear (which is what my parents wanted), I'm gonna have to get a loan.
This has been an EXTREMELY crappy day for me. I hope your day is better.
Second (and the real reason I'm writing this) is I just need to rant. Bear with me while I try to explain....
As many of you know, I lost both my parents in 2011. My mom passed in March & my dad in December. The way they had things set up was: My oldest brother would get their house. My other brother would get stocks, bonds, cds, 401Ks, insurance policies & monies & would get the house I currently live in (it was my grandparents' house). So...everything goes into the pot (everything, that is that doesn't already have a beneficiary tied to it) & then is divided 3 ways. If someone's portion was higher, they have to make up the difference to the others. So, if the total value is $75,000 everyone gets $25K....but if the moneys only equal out to $10k, then my brother & I would have to make the difference. This (in theory) is fine, however, didn't know that in the will, my parents wanted to leave something for their grandkids. SO....THAT has to come off the top.
Long story short.....no matter how the math is done....I'm screwed! Both my brothers have something that they do not have to put in the pot. And both are nice amounts & would help. But even if they do......I still have to pay. I'm doing ALL the work, they're reaping all the benefits & now, instead of having my house free & clear (which is what my parents wanted), I'm gonna have to get a loan.
This has been an EXTREMELY crappy day for me. I hope your day is better.
I know that is too late now, but if your father had known what his will would mean, he would not have done what he did.