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Related: Culture Forums, Support ForumsMy father disinherited me and my siblings almost 10 years ago.
Years ago, my parents partitioned 50/50 the property and house where I grew up.
Mom died and left her half to me.
Dad died and left his half to four charities. No $$ to me. Gave me a life estate to his half, meaning if I died or sold the property, the four charities would get half of the proceeds of the sale. For ten years, I alone carried the burden of paying the property taxes, paying for repair and maintenance, and paying to restore the house from its decrepit state.
OK, so I sold the house for a good price last June. Worked with the four charities during the sale. It is what is/was.
However, feeling unsettled about being disinherited, I decided to volley the ball back over the net.
I asked the charities to use every cent of my father's donation solely for their projects, e.g., scholarships, research, new programs, etc. and not to dedicate even a plaque with my father's name to memorialize his largess.
Yes, they were taken aback, as a lot of donations have a qualification of remembering a donor. And they were gratified. And so was I.
Am I petty? Perhaps. OTOH, the charities had their money. Obviously, I couldn't address my father for his testamentary choice. I feel/felt that I could move on.
MiHale
(9,793 posts)You fixed up the place, kept in from being sold for back taxes, probably made the charities more than they wouldve if you didnt do anything. So personally you did awesomely and should have your considerations justified.
Went through rough patches with my siblings after our parents passed. Its all good now.
FBaggins
(26,783 posts)Unfortunately the charity has no obligation to pay any mind to your preference
no_hypocrisy
(46,267 posts)the charities scrounge for every cent they can. They get around the tree, the room, the plaque situation by including the donors' names in quarterly publications. Which usually aren't read.
I can live with that.
AKwannabe
(5,688 posts)A user with the name Baggins says you are petty. Hahahaha!
You are not. You father may have been
ms liberty
(8,620 posts)Not petty at all.
samnsara
(17,656 posts)..but we three sisters were equal as power of attny (NEVER do that ) and one of my younger sisters tried (tried) to wrench my p o a away from me. When it came time to sell dads house and deal with the estate etc i charged the estate 32$ an hour for me doing all this stuff. MOST families never take advantage of this perk but i sure as hell did. I claimed an additional 10G to the estate that I immediately gave to my married dtr and her family for their overwhelming bills.
Ooooo were my sisters maaad esp after they got their share and the invoice my lawyer provided them mistakenly read that i received an additional 100,000$ for my part as executor.
heehee
wolfie001
(2,293 posts)I'll never go into mine......minefield.
Hope22
(1,902 posts)The siblings who fight, back stab and try to manipulate the settlement dont realize they are just making their share smaller. My sister had two different lawyers after me. She thought I would be dishonest as she and her husband would have been. Luckily the estate attorney knew the history and took responsibility for dealing with the problem. Thankfully the estate paid that bill. After five intense years of caregiving I thought the hardest part was over when my older sister died. Boy was I wrong! Im glad you took the payment for Executor. It is a demanding job!
KarenS
(4,090 posts)And I applaud you for it.
Getting older is hard. Taking care of business as we age is hard.
bucolic_frolic
(43,442 posts)and you wonder what type of advice lawyers give. Usually advice that gives more fees to lawyers. You got hollowed out by property taxes. The charities had no such problem.
wolfie001
(2,293 posts)You made the right decision in my opinion!
Think. Again.
(8,690 posts)...would it have been legally possible to offer to buy-out the charities for the value of their half of the property giving you full ownership if you wanted to?
no_hypocrisy
(46,267 posts)I didnt have that amount to offer.
Think. Again.
(8,690 posts)I don't know how any of that works so I was curious.
I had a very bad experience with my father's estate myself due to a greedy sibling, so never had an opportunity to handle things reasonably.
Paladin
(28,281 posts)I imagine those charities are familiar with such arrangements.
LakeArenal
(28,863 posts)That honor your parents thing has no basis in reality. If you are treated poorly, you have no obligation to turn your cheek, even and maybe especially for family members.
AllaN01Bear
(18,669 posts)hard decisions . i got through it.
Tribetime
(4,715 posts)Doing Uber till day he died even with University of Notre Dame Engineering degrees....You are way more fortunate than others
Prairie_Seagull
(3,344 posts)leave very explicit wills and if significant assets are involved that they be updated frequently. Of course for you this may be 20/20 hind site but maybe others will see this and think about it.
no_hypocrisy
(46,267 posts)We were disinherited each time.
He did leave $35,000 to our neighbor though.