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Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY)

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Rainmaker
1,546,324
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

This has been a concern of mine for a few years now and the primary driver for me trying to date and have children.  It's also been the #1 reason why I haven't grown my rental portfolio in the last decade.

Jun 06, 2024 07:24 AM
Ambassador
3,235,377
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.WarrenCountyOhioRealEstate.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

No kids, but lots of furballs.  Our current trust outlines care for them via someone moving into our house and living there until the last pet passes, then distribution of estate to relatives/charities. 

Jun 06, 2024 07:44 AM
Ambassador
3,447,691
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

That is all outlined in my estate plan documents. The disposition of my carcass was pre-paid years ago. I have one son.  He gets it all. 

Should he pre-decease me, it will likely go to my friends and a few charities. 

 

Jun 06, 2024 07:25 AM
Rainmaker
944,471
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

We have kids. Our goal is to not leave them with our debt or cost them money to take care of us when we're old. Who knows how long one will live these days. More and more people are passing 100!

Jun 06, 2024 07:35 AM
Ambassador
5,056,803
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't quite have a full plan yet, I am too busy living a good life!  When I go, my younger brothers and nephews will get everything I have.

Jun 06, 2024 06:00 AM
Rainmaker
1,478,941
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Our kids a doing o.k. on their own. Whatever is left will go to them through our trust. In the meantime, I am enjoying life.

Jun 06, 2024 07:56 AM
Rainmaker
1,113,198
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I have no kids and that ship sailed a lifetime ago . . .

my trust has many beneficiaries . . . even custody of Moxzilla is settled, along with a part of the estate.

Jun 06, 2024 07:52 AM
Ambassador
2,364,397
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Let's just say I live comfortably, have no debt, and have a plan for the disposition of my estate when I pass. In the meantime, I'm working on spending the money to have fun. I am aware it's not cheap to get old and be cared for so there are resources for that too.

Jun 06, 2024 09:44 AM
Rainmaker
773,696
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

My husband and my estate is well outlined and our children will inherit what we have left when we pass.

Jun 06, 2024 08:44 AM
Rainmaker
8,238,523
Roy Kelley
Retired - Gaithersburg, MD

Dolores and I have no children but do have an updated estate plan. We need to get rid of a lot of stuff while we are still alive.

Jun 06, 2024 08:39 AM
Rainmaker
929,885
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Go fishing!

Jun 06, 2024 10:26 AM
Ambassador
3,223,757
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I am never going to leave debt I cannot pay.  I've always had enough insurance and savings to take care of any debt I owe.  It's how I was raised.  And while I have a sibling with no kids, I don't expect he will leave my daughter much, but perhaps not with debt.

Jun 06, 2024 09:37 AM
Rainmaker
5,559,806
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

My plan is to enjoy life within my means and leave the rest to my son. A friend of mine with no kids is doing the same and what's left, oh well!

Jun 07, 2024 03:47 AM
Rainmaker
1,516,355
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
HomeSmart Stars - Addison, TX
Real Service. Real Results. Real Estate

My grandfather, many years ago, purchased a dozen plots in a cemetery in New Jersey for himself and his family. One is for me. The state has a New Jersey Prepaid Funeral Trust Fund and I have fully funded my portion. Everything else is covered in my will. I have no debt and don't intent to go into debt. Why are you asking?

Jun 06, 2024 05:20 PM
Rainmaker
990,494
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Living abundantly serving the King of Kings is my thing. The purpose of my excess after I pass is to serve "The Great Commission".

Jun 06, 2024 03:28 PM
Rainer
426,567
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

It's not something I spend a lot of time thinking about.  It won't matter to me.

Jun 06, 2024 11:43 AM
Ambassador
6,767,769
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We have plenty of kids, and they will receive a few leftovers, though the greatest inheritance they will receive is a lifetime of learning how to earn their own fortunes.

Jun 08, 2024 01:01 AM
Rainmaker
2,562,761
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

No PLAN Andrew Mooers | 207.532.6573 I already took action after our children were born. Our will is in place and updated as needed along with frank discussions with our children as to who gets what and why. 

Jun 07, 2024 07:44 AM
Rainmaker
537,814
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Andrew Mooers | 207.532.6573 

Lots of kids and grandkids, they will enjoy the mula, lol. In the meantime, I am enjoying it:) Katina

Jun 07, 2024 07:33 AM
Rainmaker
796,639
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

This is a heartbreaking scenarion that is completely realistic.  Most people in this situation make a friend to be their family and leave everything to them when the pass.

Jul 16, 2024 10:21 AM