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Reply to "Changed relationship after grandma’s estate plans changed?"
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[quote=Anonymous]How wealthy is your grandmother? Odds are, its one of the following, or a combination: 1. It was all idle talk. She doesn't really have assets to speak of, and her money is mainly from a pension that dies with her. 2. She never actually made a will. When she inquired with an attorney and figured out the cost, she decided to let it go intestate. 3. Her investments made a downturn, or she is facing unexpected expenses and cannot commit to leaving anyone an inheritance, but is too embarrassed to say anything. 4. She met with an attorney, but was too overwhelmed by all the intake forms/questions, and decided going intestate was just easier on her. 5. One of her children, or another family member needs money now for a reason she believes is good enough, and now won't be able to commit to an inheritance. Whenever someone says they are doing something out of the ordinary with their money--and I would include doing anything other than dividing it equally amongst immediate heirs is out o the ordinary--take it with a grain of salt. Giving you and yours the entirety of the pie would be a great gift to you, but you have to remember--assuming the money exists, she'd be disinheriting others. That's harder to do when you are actually faced with it.[/quote]
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