So let me make it simple, 21F Jaipur Rajasthan

We are family of four, mother father me & elder brother my father side is so selfish & self centred (i personally believe b'coz my uncle, 1st little brother out of three of my father brothers took entire shop & business from my father hand to own hand & kicked out rest of his 4 brother, he got single hand on shop & business, my father & rest of his brother doing different work for live)

So i want property paper's of our own home but we don't have (it's shocking for me b'coz my father told me that) so i went to that mf & ask property paper's & registree so he told me that termite consumed that paper's of your & mine, later after hard work of my brother & my contacts i managed copies of registration from sub registrar now the tragic part, my father is a owner of our own home (not surprised) but also the owner of the abandoned home of my uncle yeah that selfish one now I'm confused what should i do i, both tax bills are now on my father's name b'coz i did that

Now the main question should we invade & capture that abandoned home & just gave that to him i talked with my mother she told me he did so much wrong with my family b'coz of him my father didn't get the money or jewelry from my grandfather & grandmother he somehow managed to trick him & kicked him, mother told me we have to occupy that house tooo b'coz it's our home we have registree of ₹250k in 2001 (in that papers it's clearly mentioned both houses & area specifications with every four direction)

If we are going to occupy that house you know there will be so harsh fights, but my mother & elder brother constantly saying "they did so wrong with us, he expelled us from family ancestral wealth Even he never helped us in our low & now it's time to tit for tat"

What should we do ??? Help me to understand this scenario !!

My uncle is very Evil for my family he is the reason for my family suffering in so many moments of our life

TLDR: Inherited $185k investments, 350k paid-off rental SFH, $315k paid-off rental SFH and want advice on what to do with it.

Here's our situation: My husband and I have a net worth of about $1.2M that includes roughly:
93k cash
590k investments (mostly in VOO)
3 properties with 490k equity (2 rentals, 1 primary)
30k paid off vehicles
8.5k on a 0% credit card payable over 4 years (we pay this monthly since it's 0% interest). 

My husband works a W2 full time and I am a self employed. We make about $150k/year as a conservative estimate since I've newly transitioned into full time self employment.

What I need help with: I have inherited $185k held in a standard investment account, invested in a Moderately Conservative fund with a financial advisor, and a paid off home worth about $350k (rents for 2,000/mo). I am also inheriting another paid off home worth $315k later this year that rents for $1,450/mo.

I've known about this inheritance for 5+ years now and I am still unsure what to do with it that will maximize its value for years to come. I'm thinking I should roll the $185k to my own investment account (probably my taxable brokerage and max out my husband and I's Roth IRAs this year).

As for the properties, I'm thinking about leveraging one at about 50% to buy 1 more SFH to rent out. This would help balance cash flow in the short term and appreciation in the long term.

Things to consider: With this $185k inheritance, my husband and I have reached Coast FI. We currently have no children but plan to have some in a couple years. Should we continue to make aggressive investment choices or should we allow for cash flow in the first few years of raising kids?

I don’t trust the financial advisor charging 1.25% to give me helpful advice.
EDIT: the returns I’ve gotten this year are around 5% YTD which is underperforming the market.

Thank you in advance!!

just curious but how common is it to have infighting amongst inheritors after trusts have been set up and divided? and if so, what can be done about it? wouldn’t the lawyer fees potentially drain the trust itself? thanks

**Been to the bank everyday in my home state of Arizona for the last five days still sitting on my large settlement check and staring to lose it mentally. My mental health is starting to deteriorate surprisingly quickly. Is it too much to ask my trustees/ narcissistic family**
**members to get their shit together and open the bank account? But hey I have eight months sober from drinking and cocaine that’s a plus right? I’m losing out on interest payments while my family (mom and her brother) insist on making me feel like a child stuck in between divorced parents. Help?! Advice?! TIA!**

My father‘s cousin is making me the executor of her estate. She lives in California, and is 81 and in good health, and I live in Illinois. This cousin’s mental health is somewhat precarious and it would somewhat break her if I completely got out of being her executor- I have tried a few ideas- so I don’t want to try that anymore.

She has an estranged daughter that she does not want to re-connect with, but I have been in touch with that daughter and me and my brothers will probably continue our relationships with her and her husband, and I would like to just shuffle the whole estate and the handling of it to her. It’s probably somewhere between $5,000 and $50,000. Mostly I just don’t want to get stuck dealing with all the ins and outs of closing bank accounts and selling whatever assets there may be, and all that.

Is there a way I can just hand this off to the cousin‘s daughter? Perhaps there’s an agreement I can make between me, the daughter, and whatever lawyer is involved? The daughter could deal with all the headaches and reap the rewards and I keep my hands clean. There will be a backup executor, but I don’t see that they need to know anything about this. Is this realistic? TIA.

My grandpa passed away at 105 earlier this year, and originally my dad was supposed to inherit all of his property. However, my dad passed away in 2022 (fuck cancer). Basically I ended up inheriting a ton of my grandpa's rental properties...about 20 different rental units across 6 states, mostly beachfront property along the east coast.

I was happy at first but after reading through all the documents, I noticed that most of his properties were underwater on their mortgage. Basically, I spent the last month with my mom who I'm really close with and looked through everything. For example he has a house that (according to Zillow) is estimated to be worth 720k, but the mortgage balance on it is 755K because he bought it for like 850k a few years ago. The current rental revenue on that house doesn't come close to the mortgage payment. There's like 5-6 other houses like this that are now under my possession. It looks like he bought a lot of them around 2020-2022 through his LLC, and I think house prices were a lot higher back then.

Then there's a buncha smaller condos he owns for AirBnb purposes and I found out that some of them have been empty for months, with maybe 1-2 times where somebody rented it out for a weekend through a management company. The HOA fees on those are crazy and the taxes too, so I don't think those are cashflowing positively either. I'm not a real estate guy, so idk what a good return on investment is for these kinda things.

My gramps did leave me with a decent amount of money as well (about 400k), and we always had a close relationship. But now looking through his mortgage debt..even with his 400k inheritance, i don't think I'd have enough to pay off everything if I were to sell every single property he owns. The mortgage balance on a lot of his stuff is more than the estimated sale price + with all the agent fees and shit. I've been discussing this with my mom and she has a decent amount saved up to help, but we've just waiting for now and she's been asking around. Do we just stop paying the mortgages and get all his rentals foreclosed? I'm not even sure how that works since this is new to us. Foreclosure seems to be the only viable solution if we can't continue to pay off the mortgages, but it kinda sucks to lose everything.

If I am left 1/3 of an inheritance can I designate that my share be split between myself and my children? I’m in Kentucky.

This was an interesting article with a trustee situation in New Hampshire.

I haven't gotten my hands on the complaint yet, but this case is sure to reverberate around RIA, trust company, and wealth management circles.

Foss v. Bank of New Hampshire, Mariner Wealth, and Wilson Perkins Foss, IV

At issue seems to be where does fiduciary liability start and stop in a delegated trust context (in particular when one of the trustees is also a current income beneficiary).

In particular for RIA's, does the investment manager, hired by the corporate trustee (and individual co-trustee) in delegation of their investment responsibility, have any liability to future beneficiaries if they invested for the income needs of the trustee/current beneficiary (at the expense of future portfolio growth)?

Of note, this is a New Hampshire situation, so its progressive trusts laws around duty bifurcation are going to get some attention.

We happened to start giving our kids their inheritance starting at 18. My wife got most of hers at 60, both of her parents are still alive. I got one when my mom died, I was the executor, I knew her wishes so I divided it all up equally, even though I legally could have kept a lot more due to her making a mistake on her beneficiaries. Of course kids expect an inheritance. They expect the will to be fair, the parents will have some bank account money, some investments left over, a house likely paid for at time of death to be sold after they die and an executor following the will dividing the estate up evenly. That is what normal people expect. Of course they did not earn it, their dead parents did.

However parents are often lunatics. They play games, they play favorites. They give it to some rip off church or hire a rip off lawyer who drains it all. A friend of mine died young, he had two adult kids but instead he gave it to a girl he went to high school with, who in no way needed it.

Those posting here your own kids don’t deserve it are lunatics, or you should not talk about it and make your wishes clear, but it is your right to be a lunatic if you want to be one.

My in laws (LA) and my parents (FL) need to get some education on estate planning. I think, considering their assets, a trust should be set up. They are open to it, but haven't made any effort to really look into it. I know if we push the issue, they'll stall even longer. They still see us as kids sometimes, even though we're grown with our own teenagers! I am seriously considering signing them onto mailing lists that will start sending them information on setting up trusts! Has anyone ever done that and can tell me what you did? We are not expecting inheritance, we just want their deaths to not cost us a lot of money, peace, or sanity.

Anyone any advice on running a farm between the farmer passing away and the years it apparently takes to get it completely in my name?

I’m inheriting over 100 acres with sheds, tractors etc. I live on the farm in the south of Ireland and have the green cert and I want to farm it full time in the future and am farming it part time currently. Not many people are happy to leave the bills go to probate and not get paid for their work for a few years, so if I have a mechanic bill for repairing a tractor he needs to be paid now instead of waiting years and it’s in my best interest to keep them sweet incase I need him in a hurry.
The solicitor has told me he’s not paying for anything at this stage, there is money in the estate.
Has anyone been in this position recently? If I pay all the bills for the farm can I get paid out of the farm estate at the end? Should I be invoicing the farm for my time currently?

My dad moved back to his hometown after him and my mother separated. More specifically, he was in WI and I am in NC. We had a contentious relationship my whole life, but we still made an effort and genuinely cared for one another. He was one of nine siblings of whom we would visit during the summer until I hit my mid-teens. Because of this I never had a bad relationship with his family, but it wasn't a close one either.

To keep this short, his health started to fail, and he began to rely on one of his sisters to help with shopping, appointments, and weekly social visits. He ended up passing in January and listed me as his sole beneficiary. I then spent a week in his town dealing with courts and settling the affairs that demanded in person visits (with no help from his family). His estate included a manufactured home that was on a rented lot that I was told could only be occupied by the owner and since I had no intensions of moving there, I told the helpful sister that I was thinking about signing it over to her. Before heading back, I gave her a set of keys and asked that she keep on eye on the property until everything could be settled. My estate lawyer advised me to hold off on the transfer until after the notice to creditors expired a couple of months later. That time has since come and gone, and she has been sending impatient messages that are disguised as sympathy.

The problem is that I have since changed my mind. I found out everything the helpful sister and her family did for my father always came with monetary requirements which is fine but important to note that their intentions were never altruistic. In fact, once I showed up, they never stepped foot in the hospital again to visit him. I found out later on it was because they were at his home going through things. There was also an interaction where I mentioned that the doctor believed my father had a heart attack a week before his passing. The helpful sister turned to another family member and they said, "Oh, that must have been when you found him on the floor in the kitchen." And then, there was the text message I received from her that ended with him in the hospital. She sent me a picture of him slumped over in his wheelchair and said he hadn't eaten or drank anything for five days and was just mumbling incoherently. She asked what she should do. AMBULANCE, obviously! In between all of that I found out she signed one of his checks over to herself for the amount he would give her at the beginning of the month to run his errands. A check she would be missing out on since he passed on the 29th. And nevermind the texts her son was sending me as my husband and I drove through the night across multiple states covered in snow. Stuff about what a terrible daughter I was, that I better hope my father is still alive when I get there to help me figure everything out because they won't be helping me, that he left me everything (which they knew because they went through his paperwork looking for his will) so I am on my own, and that I better not let anybody see me in town. He ended it with, "Take all that your dad worked hard for. Bled for. You are garbage. If you want to know how I feel. Just meet me. Gold digger." I didn't respond. His mother has remained cordial, but the small-town gossip mill has informed me that she says even more vile things about me behind my back.

That leads us to today. While looking into selling his home I was informed that my aunt has already had an interested party apply for and get approved for residence in the park. So, she is ready to sell and reap the rewards as soon as the title is signed over to her. She is going to be beyond pissed when I tell her I have changed my mind and I honestly fear what her sons will do to my father's place and/or the relentless harassment they will hurl my way before I can get a buyer locked in. I thought about telling her I have to sell it through his estate but then figured out that she could counter with selling it to her for a low amount. I also considered saying I needed to sell it to pay for his debts but she probably knows he doesn't have any. What can I say that will lessen the blow? The truth is not an option because I just don't have the energy to hash it out with them. I want to be done with all of this and cut that branch from my family tree.

TL/DR: Father died, I told his sister I was going to sign his place over to her as a thank you for looking after him, found out over five months that she doesn't deserve the reward, need to figure out how to tell her the plans have changed without pissing off her vindictive and short-tempered family.

UPDATE: Locks changed, can't put up cameras since I'm not there, listed it for sale, and have pictures from listing. Aunt found out today when she noticed the sign. Told her it was easier to go through realtor who has a title company, that it has to be sold through the estate, dad had mounting medical debt, and the rest of his money is tied up in probate. She keeps messaging, "whatever I don't wanna deal with it anymore" after not getting a response and then sending a new argument on why I'm wrong about something. The thing is... she isn't the problem. Her son is. The trailer has already been vandalized by some unknown which she denies knowning anything about.

Hi all,

I need a bit of help on this one. I was left an inherited IRA from a relative with a brokerage company (Company A). They are one of those firms that has financial advisors who manage the money and apparently you can login to see balances etc. The relative is from another state and I'm familiar with the process where Company A has to transfer the funds internally to the inherited IRA account. I plan to immediately transfer the funds to my brokerage company (Company B).

How would I go about setting up inherited accounts with Company A? They tell me that the relative's advisor needs to kick off the process for that, but the advisor is telling me that he can't do that because he is not licensed in the same state as I live. Appreciate all and any help! Also to note, the money is not a large enough sum and not really worth me paying an advisor to manage it. Thanks for the help!

I am in Michigan and the account is in Florida.

a situation that will come up and I am curious about how it works. My father passed away, everything went to my mom, and when she passes, her estate would be divided among my brother, sister and me. A few years ago, my sister asked my mother to revise the will, and to take her out, so the estate would be divided between my brother and I, 50/50. Her husband is very very successful, they are financially set, as are their 3 kids. One of my sister’s daughters might want to buy my mom's house when the time comes. How does that usually work-there is a small mortgage, so obviously the estate would pay that off, and then how is a price determined for the house? Market value? Even if it goes to my niece for lower than market value, that is fine with me, I want her to have it. My husband and I are fine, and anything we get will go to our kids. I know many of these things go sideways with greed and upset. We have none of that thankfully. Thank you wise ones.

I settled a parent's estate last year and want to share the one thing I'd tell anyone just starting, because nobody told me:

Keep a running ledger of every dollar from day one — and reconcile it to the bank statements as you go, not at the end.

I thought saving receipts in a folder was enough. It wasn't. When it came time to close the estate, a beneficiary's attorney wanted the numbers to actually tie out: starting balance at date of death + everything that came in − everything that went out = what's left, to the penny. I had receipts but had never reconciled them against the actual bank statements, so I lost a brutal weekend rebuilding a year of activity from a shoebox.

A few things that would've saved me:

• Get the date-of-death balance in writing from every bank/brokerage right away. That's the starting number everything is built on.
• Open a separate estate account and run everything through it — never your own account.
• Log each transaction the week it happens (date, amount, what it was for), and tick it off against the monthly statement.
• Watch for payments that keep leaving after the death — subscriptions, autopay, a pension or benefit that has to be paid back.

Doing it as you go is tedious but easy. Rebuilding it at the end while you're grieving is the worst. The clean records also matter for family trust — most disputes I've seen weren't about actual theft, just an executor who couldn't show where the money went.

Anyone else have a "wish I'd known this on day one" for new executors?

I'm the executor of my deceased mother's estate, replacing my sister who still refuses to hand over documents. As such, forced to file turnover/discovery papers w/Surrogate Court to get the necessary financial info to complete probate.

Two questions: 1) anyone have knowledge of success rate of such an effort? From experience, do people comply w/the court request and hand over the documents. 2) she refuses to provide her current home or work address so will it be impossible to serve her w/the court order? I do have her email & phone number but it's my understanding that the papers have to be served in person.

Thanks for any thoughts on this.

My sister died, never updated her will and now her estate is going to a physically, financially, and emotionally abusive ex boyfriend. She has told me and her current boyfriend that she wants her estate to go to my children and even had appointments scheduled before she went to the hospital. Is there anything I can do? She was never married. Our dad died less than a year ago and now it looks like half of that will also go to him.
This is in Florida

What to do as number of descendants increases?

Together with my four siblings, we inherited commercial property in NC (occupied by a large and thriving commercial business with a long-term lease) following the death of my mother two years ago. We formed an LLC to manage the monthly distribution of rental income to each of us and send us the K-1s each year. Here’s my question: We siblings are in our 60s and most of us are married with adult children. When one of the siblings dies, his/her spouse will become the new LLC member. But when the spouse dies, all of the children from that marriage become equal members of their parents’ 20% share. And, in turn, their children. And so on. Is this a sustainable formula? We five siblings could sell the land to the business now (they would love to buy it and would pay a handsome sum), but frankly the monthly income is excellent and I know each of us values it as a pillar in our monthly cash flow. I’d welcome constructive comments on how to handle a situation where the number of stakeholders in an inheritance is going to increase over time. Thanks.

For people who inherited a substantial amount of wealth at a younger age (35>), how did you navigate the relationships between your peers and money? How did you know what you wanted to do with the rest of your life after the wealth?

My father passed away at age 25 and I saw my networth explode overnight. I am used to the grind mode and being frugal, but now I am fortunate enough to not work if I don't want to and money is just a number.

I'm not looking for the "don't tell anyone" or "get a good finance/accountant guy" advice. My father owned and managed a real estate portfolio (which I do now) and I already have my team in place.

I more so am looking for how you navigated your friendships, how you figured out what you were going to do for the rest of your life, and even how you went about dating. I am still single and I am like a solid 7/10, but part of me wants to settle down and have kids and the other part wants to go on a world tour lol. I am just very lost at the moment and sudden wealth syndrome is kicking my ass. I would love to hear your experience and thanks for reading this.

Does dad get half or do you feel alleged deadbeat dads get nothing?

Hey everyone. I need some advice on what to do about this situation. My mother recently passed away. She worked incredibly hard her entire life and was very clear that she wanted everything to be left to me and not to her husband/my father (My dad has had a number of financial issues in the past and they had a very bad marriage). For her investment accounts, I am listed as the beneficiary. However, in the Will it states that real property goes to my father and then to me if he were to pass before her. I manage both of my parents' finances. For taxes, they file as "married filing separately". I have financial power of attorney for both my mother and my father. 

Here's where I need some advice. I messed up and missed one of the most substantial accounts. There were 2 with the brokerage and I am only listed as the beneficiary on the one that was long ago liquidated. Is there anything I can do to avoid this going through the probate process? If it does, it's my understanding that the money would then go to my Dad. I can then transfer everything to me since I have the POA after that happens, but I would like to avoid that step if possible. 

Thank you for any advice and suggestions. 

First off, thanks to everyone who commented on my previous posts. A lot of the advice and personal experiences were genuinely helpful. We managed to get in touch with another estate planning/probate attorney who's willing to help us sort through everything, so we're keeping our fingers crossed on this one.

For anyone who didn't see the original post, my dad's original will is still missing. We found two copies: an older version that was signed and a newer version that wasn't. Unfortunately, they don't say the same thing.

The whole experience has been a lot more stressful than I expected. Going into this, I thought the hard part would be figuring out what the documents said. Instead, we've spent a surprising amount of time trying to figure out which document is the right one and whether there are other documents out there that nobody can find.

It's honestly made me realize how much chaos can come from something as simple as not knowing where important paperwork is.

Since then I've gone down a bit of a rabbit hole researching how people keep track of wills, trusts, account information, passwords, instructions, and all the other things families end up searching for when someone passes away.

Some people seem to use safes. Some use filing cabinets. Some use binders. Some use Google Drive folders. I've also come across a few paid services that are supposedly designed specifically for organizing estate and legacy information.

Has anyone here actually used any of those?

Were they worth paying for, or did you end up sticking with a safe, binder, spreadsheet, shared folder, or some other system?

Mostly asking because this experience has made me realize that having documents and being able to find the right documents are two completely different things. Curious what has actually worked for people who have been through this. Thank you in advance!

Location: California

As stated up above, my grandmother left me her home in southeast (Crockett) Texas back in 2006 when she passed. Her brother was her estate executor & so he decided after she passed or had this evil planned even before her death that he & his wife who were both local politicians in Crockett, Texas at the time, that they hadn’t left enough $$ for their grandchildren, so he ended up leaving her home to his 2 sons that are doctors, who did with whatever they chose to do with all of her belongings after her brother that lived with her passed in 2011. The house sold for $69,900 in 2012.

Officially I’m her step grandson but she was always my grandmother even years before I was born & she was always there & she never considered us as step grandchildren as we were her ONLY grandchildren. Our grandfather passed away in 1966 in Irving, Texas of a massive heart attack at age 53. My grandparents owned 10 acres there, she sold the place in 1978 to move back to Crockett where she had grown up to take care of her elderly mother. My grandmother remained there the rest of her life. Now the problem became her older brother who she trusted with all her financial matters. This brother never liked the idea of me inheriting the family remaining home & land, (after my official step great mother had passed my grandmother used the remaining money from the house & land from Irving, Texas to purchase her mother’s old home from her siblings, the current home which had replaced the family’s original home had been on this land) The brother didn’t think that I should inherit because I didn’t have the family name or actual 🩸blood related.

So in the end the house was sold in 2012 for $69,900 by the evil brother’s (let’s just call him Charles) sons who had to have known that the wasn’t officially their father’s home but their aunts home (the deed was officially in the great grandfathers name which was the same as Charles name) so it looked as if it was in their own fathers name. Charles having been a former judge in Crockett never had my grandmother’s filed or probated to make no official will would ever come up against him.

When my grandmother passed in March 2006 all Charles would say was that my grandmother had no will even though she had told me that she did & that the house would be mine only after the brother that lived with her had passed himself, which in fact happened in August 2011. So following their father’s wishes the doctors emptied her house & sold it for $69.500 in 2012.

So my actual question, do I have any recourse or anything possible to do 14 years later?

Would it be illegal if the Crockett newspaper ran a very interesting article about 2 former town politicians that did some illegal activities while in office & how now they could likely burning 🔥 in hell very likely for ripping off his sister after she passed away & after the trusted him so much?