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Grandpa is starting to have health problems and is also starting to realize his final days are near. Of course he won't pass tonight but he and everyone else feels it might be sometime in the next 1-2 years.
Now due to 20 years of solid ass kissing, he admitted to me the other day that I am his favorite grandchild ever since he disowned my cousin for running off and marrying a negro last year. I'm not the only one getting something good as there is his company, some properties, stocks and bonds, vehicles, items, etc to go around. I have uncles and cousins and everyone else that shows up out of no where with their hands out when he gets sick but none of them ever came around like I did and he said that he appreciated it.
He's leaving me a mutual fund that currently has $836,768 and some change.
My grandpa never liked thinking about his possessions being split up and him being forgotten so he's never written a will or anything like that. He brought it up and starting talking about it the other day and it got both of us wondering.
How can I/we ensure that the transition of the mutual fund is timely and goes smoothly without most of it being siphoned off by lawyers, taxes, other siblings, etc? What can I do to make sure I get the most of it?
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Put it all in ETH
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>>2060962
Get a will or you'll get nothing, and Grandma will get everything since he'll die intestate. If Grandma is dead, then your dad, aunts and uncles get everything, and you have to split your Dad's share with your siblings
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Get a will or you will get nothing. Talk with you granddad about that
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>>2061050
I dont know about taxes in US, but in UK you need to pay heritage taxes and etc
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>>2060962
>How can I/we ensure that the transition of the mutual fund is timely and goes smoothly
Get a lawyer to draft the will for you. It probably won't cost more than a few hours' worth of his time. Make sure to get it notarized when he signs it.
You definitely don't want to let your grandpa die without a written will or your family will become blood sucking succubi trying to get their hands on that money.
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>>2061050
https://www.reddit.com/r/personalfinance/wiki/end_of_life_planning
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>>2061054
fucking socialist i swear, they HATE success
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>>2061000
Yes, OP should shove at least 300K into ETH.
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Your grandfather needs to set up a trust and make you the beneficiary trustee. If not you are going to get RAPED on taxes.. Like 50% IF the family doesn't fight you in court over it.
You need a trust lawyer
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