Messages By: nasale

I hope grandma lives til 104 and she probably will on that beautiful farm she owns. Her greedy, rude, disrespectful, daughter and grandaughter do not deserve to own that farm. Shame on them!!!After the show, grandma ought to run straight to her attorney's office to change the power of attorney to someone who she can trust and maybe she ought to think about donating her land to the Nature conservancy or the Canadian equivalent.  

Please forgive my grammar mistakes as I'm russian and english is my second language. I absolutely despise people like Aileen daughter and granddaugther, These people are arrogant, selfcentered and simply greedy.And I congratulate Aileen for not giving in to her off spring demands and rather preffer to be alone than with that kind of family. I could only hope that any of us will be as bright and sharp as Aileen in our 80's. It hurts me to see that money issue cause Aillen so much suffering and loneliness. She reminds me so much of my deseased granmother who was tough cookie and bright till the last day of her life when cancer claimed her life. I loved to spend time with my grandmother, listen to her story and learned from her wisdom. She was my best friend even closer than my mother and I missed her greatly. THat is why it  hurts me so much to see that daugther and granddaughter got so much caught up with money and other material things that they rob themself blind of all those good things that they can learn and experience if they would live in peace and trust Eilleen's judgment because it looks to me that Eileen is more intelligent than those two combine afterall.  

My dad passed away eight years ago. Since he did not have a living trust, only a will, we paid over $250K in inheritance taxes. It does not sound like any of these guests have consulted with a probate or trust attorney to fully understand how the tax laws work. Some things are not taxed to the recipient such as life insurance, however the ESTATE does pay taxes as the value of the life insurance is included in the total of the value of the estate at the time of death. It was truly like my dad was being raped financially and wasn't even alive to defend himself. He already paid his taxes, he died and had to pay again! 

Putting your kids on title does not avoid the taxes either, it only allows your kids to take out a mortgage on your home against your will. It is considered a gift to a child and is a part of the estate.  

No matter how you slice it, if you want to minimize the tax consequences you need to consult an expert in tax & estate planning. The government gets their money one way or another and any loop holes that people think they can get through have been shored up by the IRS. If you go to www.irs.org you can research all of the rules around how estates are settled.  

I don't think these girls have their mothers best interest at heart. i think they are greedy and want their inheritance now instead of waiting. The mother who thinks she should control her son's money needs to give the boy HIS money and move on. I'd like to know how she was not required to hand it over sooner and has avoided legal charges.