My leukemia's back.

[Alaskan]

@Cynthia12

one step at a time.

 

[sourland]

@Cynthia12,

 

[getaclue]

Cynthia12, check into estating your home to your son, retaining life rights. Here, it is done at the property appraiser's office. Making it an estate eliminates inheritance fees. You still have all the same rights to it. He doesn't get any rights to it, (can't mortgage it, move you out, move in, build anything on it) while you're alive, unless you give him permission. There is no inheritance tax, when it does transfer, can't be contested like a will can, and is usually very inexpensive to do. You are in my prayers.

Bunnylady, divorce is usually hard on everyone. Sorry your family is having to deal with it. Divorce laws vary from state, so I don't have a lot to offer, except that he might be wise to consult with a decent attorney, and retain them once the paperwork starts arriving. It usually pays off in the long run. You, and yours are in my prayers too.

 

[getaclue]

Good morning Team Rachel. May you be showered with blessings today.

 

[bruceha2000]

Cynthia12, check into estating your home to your son, retaining life rights. Here, it is done at the property appraiser's office. Making it an estate eliminates inheritance fees. You still have all the same rights to it.

This isn't a bad idea though less necessary in some states than others for the reason stated. Utah doesn't tax estates/inheritance and the federal tax law passed last month raises the exemption on federal estate taxes to $10M (currently $5M for 2017) so not an issue for most people.

Cynthia, if you are going to give the house to your youngest son, you might want to make sure all the other kids know. Don't want a surprise and hard feelings. Of course, it will likely be years or decades before you and your DH both die and conditions can change, you can modify things as time passes by going the trust/estate path.

except that he might be wise to consult with a decent attorney, and retain them once the paperwork starts arriving.

Yep, he needs to be proactive or he will likely get royally scr3wed.

 

[oldrooster]

Also it is a good time to think about the arrangements for the end, type of service, cremation or burial and if cremated what to do with ashes, Look into pre arrangement with pre-payment, it can be done on installment plans and also you can change it at a later date also from major to minor changes. Make sure it is an insurance policy that is tied to the arrangements because that is heavily regulated and they cannot just up and run away with the money. If you plan it now all that has to be done later is update the obit with the date of departure any additions/subtractions to the family (baby born, someone taken unexpectedly) and set the date of the funeral and showings. I know I would rather spend five minutes on the phone at the time of a loved one's death than an hour or more trying to figure out what to do and what they would want when they can no longer tell you.

 

[bruceha2000]

True, morbid though it is to think about. Best to do it now (not having done so myself) so you don't get railroaded when your brain can't think through the grief. For example, if you go the cremation route, there is no need for embalming. In fact, I don't think it is needed at all unless you are having an open casket viewing. But I gather the mortuaries willingly "up sell" the bereaved.

If anyone asks, burn my body and toss me wherever, I won't care. DD1 knows this and agrees, though she would prefer to "become a tree" rather than blowing in the wind.

 

[chickadoodles]

Cynthia I will keep you and your family in my prayers.

 

[LittleLakePhil]

Phil.... this is not the first post that you've shared that goes something like this: "I was stuck out in the cold, longer than anticipated, without a winter jacket..." Am I gonna have to come over there and knock some sense into you??? "says she who runs in and out of stores all the time and leaves her winter coat in the car..."

Hey.....LG.......

At least my truck wasn't running......

 

[N F C]

Good morning Team Rachel