Anonymous
08/12/2019 22:34
Subject: Managing an estate in a blended family
Seems a smarter to just allocate an annual amount with a COL adjustment.
Anonymous
08/12/2019 22:23
Subject: Re:Managing an estate in a blended family
Anonymous wrote:It’s nice your dad want to help his wife out financially.
But... you and your sister are his family.
Take care of her bills as your dad instructed, it does not seem complicated.
His wife is also his family.
Anonymous
08/12/2019 21:51
Subject: Re:Managing an estate in a blended family
Anonymous wrote:Anonymous wrote:What if the dad's wife remarries? Is there a clause to cut her off then?
Wow. Maybe he wants her to be happy.
Don’t be a di*k.
DP Has nothing to do with being a jerk. If she remarries, why would she continue getting his money?
Anonymous
08/12/2019 21:44
Subject: Re:Managing an estate in a blended family
Anonymous wrote:What if the dad's wife remarries? Is there a clause to cut her off then?
Wow. Maybe he wants her to be happy.
Don’t be a di*k.
Anonymous
08/12/2019 21:40
Subject: Managing an estate in a blended family
Get a third party to do it. You don't have to manage the wife's money to maintain a relationship, if you like the wife. Having a third party keeps your sister off your back. It's a small price to pay, even for a regular fee.
Anonymous
08/12/2019 21:36
Subject: Managing an estate in a blended family
Anonymous wrote:I don't think its fair she has to constantly ask you for money. I think you are right and she should get a set amount each year in less its for something like nursing home care or an aide.
OP here. Predicting medical expenses is crazy hard. He doesn't want to give her "extra" just in case she needs long term care. If he doesn't budget enough then giving her "extra" beyond what is stated will be really hard for my sister to swallow.
The choice is either I do it or a third party does it. As I actually like his wife, it makes sense that I do it apart from upsetting my sister.