(Closed) Childfree Bees: Who will you leave your estate to when you die?

posted 4 years ago in No Kids
Post # 31
Member
7624 posts
Bumble Beekeeper
  • Wedding: June 2013

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OldestTree :  I don’t think you sound mad at all! I think you sound like a lovely person!

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emeraldmay :  If either of our brothers has children I might leave it to them. Otherwise I have a few very close friends that have children that I can see myself staying close with throughout the years that I would leave something too. If I’m not close enough to anyone at that point that I would want to leave them my estate I would likely leave it to my favorite charity.

Post # 32
Member
214 posts
Helper bee

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Isilme :  In my country a homeless person is eligible for welfare as soon as they have a permanent residential address. =)

Post # 33
Member
3607 posts
Sugar bee

We’re planning on having kids someday, but I know enough people who have had difficulty TTC that I’ve actually thought about this. Assuming I was the last to go, I would leave everything to my brother and/or his kids if he ever has any, and if he pisses me off, I’d leave it all to my dog a la Leona Helmsley. 😜

Post # 34
Member
1178 posts
Bumble bee
  • Wedding: January 2017

Most probably an animal rescue

Post # 35
Member
742 posts
Busy bee
  • Wedding: September 2017

I’m sure we’ll leave some to FI’s nieces, and the rest to charity. I’m big on volunteering. 

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OldestTree :  LOVE THIS! Fiance would probably be on board too…

 

Post # 36
Member
9183 posts
Buzzing Beekeeper

There was a woman here in Australia who tried to leave her house to a charity that helps refugees but they knocked her back due to not being able to acept it due to tax/donation laws so please do check if the charity you want to leave things to, especiall property are able to accept it. This poor woman then tried to leave directives that it be given to a refugee family (she has a progressive disease so hasn’t passed yet) but under the law you can’t leave things to an unnamed person.

I have a lot of different assests so some automatically refer back to the family trust and the rest will go to my husband (because I will die first barring accidents etc). Once he passes it will be split between our parents/sibling or their heirs and some charities.

Post # 37
Member
1724 posts
Bumble bee
  • Wedding: May 2016

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OldestTree :  What about property taxes?  That’s a big concern over here.  You might inherit or receive the house and property, but then have it repossessed by the county if you can’t pay your taxes.

Post # 38
Member
2942 posts
Sugar bee
  • Wedding: May 2014

My great aunt had no kids.  Her orginal intention was to leave her money to her sibblings (6 surviving adults), as she was the oldest, but she ended up out living all but one.  Her sibblings each ended up having 6+ kids a piece, and her estate would have needed to be sliced too much to get each of her nieces and nephews, so she went with giving her money to a local school and starting a scholarship fund for nurses (she was a nurse and loved her career path)

The school that she left her money too was able to spruce up the sceince rooms, and continued giving tshirts to all the incoming kindergarteners with their graduation year (which helped graduation rates)  She started the second while she was alive.  My dad ended up as excutor of her estate, and it was very cool to see how far her money went.

Post # 39
Member
605 posts
Busy bee
  • Wedding: February 2016

Definitely look into leaving some or all of your money to charities that mean the most to you. If there are issues or causes that you care about, you can leave a percentage or a dollar amount. In that way, you live on after you are gone, which I think is very nice. 

I’m leaving some to my niece and the rest to non-profits that I care about. 

Post # 40
Member
765 posts
Busy bee

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BeckyS0 :  thank you for mentioning the whole pet aspect of things. I had birds for 22 years, and what you mentioned is one reason why we plan to not get any more. Parrots can live for a long time, in some cases over 100 years.  A lot of bird people are childless, and when the bird outlives the parents it’s a problem. It can be hard to find a proper home for a big scarlet Macaw that has a personality of not loving everyone it meets! That’s how I ended up with the Quacker Parrot I had, she was cool in a lot of ways, former parent took  very good care of her. Bird  wasn’t crazy about anyone in that household. She saw me and loved me right off the bat. Until I came along, he had a heck of a time placing her.

Thanks again!

Post # 41
Member
1047 posts
Bumble bee

Everything goes to my sister’s children. 

The topic ‘Childfree Bees: Who will you leave your estate to when you die?’ is closed to new replies.

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