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Estate plans -add on too Mkt. talk discussion
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MaineFarmer
Posted 1/28/2026 08:40 (#11529838 - in reply to #11529747)
Subject: RE: 60-70 year old kids


coast of Maine
The key for me was buying the main farm from my mom/dad decades ago .They carried the note.When dad passed early I decided that I never wanted to owe any siblings $$ if/when mom eventually passed.I paid her off 10 years early.Trusted a 45 year absent sister to manage moms finances.She did several hinky moves of moms $$.This was so she had instant access at death.Changed wills 3 times to add property to her benefit.Found out years prior to moms death.Land that originally was going to be left to moms grandkids.We had to buy it back at appraised value to be safe from probate issues in the future.,with mom having an attorney as well.This was fine with us as mom used that for her home care for a few years.Drunk brother had will changed again to exclude her grandkids from a property dad had wanted to preserve.None of this affected me financially in any big way as I have been working towards success for 45 years.When you have siblings that are drunks,crazy or absent they are like vultures as they never focused on success in life ,,just day to day lives.I assume they will most likely die penniless after blowing the easy money.Be very careful of siblings whom try to have the last relative declared unsound of mind allowing funky moves in the financial biz.I hold zero anger just proud I did what my parents wanted .All the others cannot be sleeping well if Karma exists.
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