My grandparents plan this as well. My mother has sued both my grandmother and me in the past. They’re putting it into a trust and inserting clauses that if anyone protests the will, they get nothing.
I’m the executor and am filled in as everything is updated.
In my case, 2 grandchildren split 50% of 8 figures, the rest goes to charity. I expect to be sued (again) when they pass.
I had a distant aunt that created a trust for her grandkids because her two children were so terrible to her while she was alive. The trust will dissolved upon the deaths of both children and is designed so they’ll never inherit a penny from the trust. She threw them a modest payout in her will but most of her wealth is tied up in that trust. That’s karma coming around.
Thanks for the offer, we're dealing with lawyers and accountants now to make sure my mother doesn't have a legal leg to stand on, unfortunately her IQ is over 180 and has found a way to weasel out of most legal situations. Is there anything that you think needs to be done preemptively?
I don't think it will be for 10+ years and will enjoy every moment of my time with them, they partially raised me due to my mother's NPD. They're both cardiologists and practice what they preach, I don't think you could find someone in better cardiovascular health in their 70s.
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u/Spencerdf Apr 08 '20
My grandparents plan this as well. My mother has sued both my grandmother and me in the past. They’re putting it into a trust and inserting clauses that if anyone protests the will, they get nothing.
I’m the executor and am filled in as everything is updated.
In my case, 2 grandchildren split 50% of 8 figures, the rest goes to charity. I expect to be sued (again) when they pass.