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Older *demented* parents dating/getting remarried (1 Viewer)

:sadbanana:

I don’t remember, did she convert or have her previous marriage annulled or whatever the church demands?

New house? :oldunsure:

My kid is still available to play the roll of a darling grand daughter. She has my parents absolutely doting on her. When she was little my mom got her a selection of sugary cereals when she stayed with them while we traveled. I never got any capt crunch as a kid!! WTF! :lmao:
 
Wifey says your wife and FIL must have signed an agreement where Financial advisor lets her know of his spending. That is good

but you can't really do anything cuz its his money...she sees this all the time
 
Hawaii is not a community property state......as long as the trust is set and he doesn't change it , he should be ok....make sure wife has power of attorney and whatever investment firm he has there is a PII....permission to disclose information regarding his account to his daughter....
 
:sadbanana:

I don’t remember, did she convert or have her previous marriage annulled or whatever the church demands?

New house? :oldunsure:

My kid is still available to play the roll of a darling grand daughter. She has my parents absolutely doting on her. When she was little my mom got her a selection of sugary cereals when she stayed with them while we traveled. I never got any capt crunch as a kid!! WTF! :lmao:
No, FIL has just rationalized the first marriage didn’t count, because her first husband wasn’t sincere in his vows. His priest told him he’d still need to petition the pope with a statement to that effect, signed by the ex. Step-mom shot down that idea, as he’s “difficult to talk to”.

I mentioned several years and two kids is a lot of effort to reflect insincerity. FIL agreed, but has settled on living in sin, I guess.

And yeah, the prospects of a new home is our biggest concern. She’s claims she needs to move to the damper, greener side of the island due to allergies (typically you’d expect a dryer environment to be less allergenic). He told her “no”, at least for now, as the homes they looked at were $2 million+.

The geriatrician emphasized the need to avoid impulsive decisions, and not squander his nest egg. We’ve also frozen his credit (well, 2 out of 3 agencies, as Experian needs additional identity verification). And he claims step-mom knows nothing about his savings/investments.

At this point, what else can we do? Does your daughter like mangoes?
 
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Hawaii is not a community property state......as long as the trust is set and he doesn't change it , he should be ok....make sure wife has power of attorney and whatever investment firm he has there is a PII....permission to disclose information regarding his account to his daughter....
Yeah, she’s got all the POAs, is first beneficiary on all assets, and part of his joint banking accounts. The only thing she doesn’t have some control over are the stocks, which are his most valuable asset.

His house is in a trust created by his parents, which is another can of worms.

As far as we know, step-mom isn’t mentioned anywhere in his estate planning.
 
My take is…
… if your mangos overhang my yard, those are my mangos.
For the rest, Godspeed.
While this may be correct, technically, I don’t think it’s very neighborly to pick them without permission, and certainly uncool to place a rotten one on neighbor’s walkway.
 
:sadbanana:

I don’t remember, did she convert or have her previous marriage annulled or whatever the church demands?

New house? :oldunsure:

My kid is still available to play the roll of a darling grand daughter. She has my parents absolutely doting on her. When she was little my mom got her a selection of sugary cereals when she stayed with them while we traveled. I never got any capt crunch as a kid!! WTF! :lmao:
No, FIL has just rationalized the first marriage didn’t count, because her first husband wasn’t sincere in his vows. His priest told him he’d still need to petition the pope with a statement to that effect, signed by the ex. Step-mom shot down that idea, as he’s “difficult to talk to”.

I mentioned several years and two kids is a lot of effort to reflect insincerity. FIL agreed, but has settled on living in sin, I guess.

And yeah, the prospects of a new home is our biggest concern. She’s claims she needs to move to the damper, greener side of the island due to allergies (typically you’d expect a dryer environment to be less allergenic). He told her “no”, at least for now, as the homes they looked at were $2 million+.

The geriatrician emphasized the need to avoid impulsive decisions, and not squander his nest egg. We’ve also frozen his credit (well, 2 out of 3 agencies, as Experian needs additional identity verification). And he claims step-mom knows nothing about his savings/investments.

At this point, what else can we do? Does you daughter like mangoes?
Mangoes. Yes. She’s also an excellent observer and will get all the details of what going on :lmao: it’s amazing what she shares with us about her friend’s parents.
 
My take is…
… if your mangos overhang my yard, those are my mangos.
For the rest, Godspeed.
While this may be correct, technically, I don’t think it’s very neighborly to pick them without permission, and certainly uncool to place a rotten one on neighbor’s walkway.
Not in Texas. Probably not in California or any other state with orchards. The fruit is owned by the owner of the tree. I suspect adults work it out.
 
My take is…
… if your mangos overhang my yard, those are my mangos.
For the rest, Godspeed.
While this may be correct, technically, I don’t think it’s very neighborly to pick them without permission, and certainly uncool to place a rotten one on neighbor’s walkway.
Not in Texas. Probably not in California or any other state with orchards. The fruit is owned by the owner of the tree. I suspect adults work it out.
While this is true almost everywhere, it is also true, regardless of type of tree, that if the branch overhangs your property you can trim the branches. It is also true that in most places that neighbor cannot enter your property to pick the fruit. So…
To be clear, the majority of my posts here come with a tongue planted firmly in cheek.
 
Hawaii is not a community property state......as long as the trust is set and he doesn't change it , he should be ok....make sure wife has power of attorney and whatever investment firm he has there is a PII....permission to disclose information regarding his account to his daughter....
Yeah, she’s got all the POAs, is first beneficiary on all assets, and part of his joint banking accounts. The only thing she doesn’t have some control over are the stocks, which are his most valuable asset.

His house is in a trust created by his parents, which is another can of worms.

As far as we know, step-mom isn’t mentioned anywhere in his estate planning.
Wifey says he should add your wife as Person of Interest with financial advisor.....and put the stocks in the trust
 
IMO, the 2 worst possible outcomes would be if he made her the beneficiary and she then murders him, or she bleeds him dry and then ditches him as his health diminishes and he has no money to cover his care. I guess a third would be she bleeds him dry and basically medically abuses him by not giving him the proper care while she continues to benefit financially.

Maybe seeing if he would put a chunk of his assets in some sort of medical trust to provide for his care would be something he would be amenable to? And it would be hard for her to object without coming across as obviously nefarious.
 
IMO, the 2 worst possible outcomes would be if he made her the beneficiary and she then murders him, or she bleeds him dry and then ditches him as his health diminishes and he has no money to cover his care. I guess a third would be she bleeds him dry and basically medically abuses him by not giving him the proper care while she continues to benefit financially.

Maybe seeing if he would put a chunk of his assets in some sort of medical trust to provide for his care would be something he would be amenable to? And it would be hard for her to object without coming across as obviously nefarious.
Of the three choices, I doubt the first, but the second two are definitely on our radar.

Right now, his faculties are good enough that our hands are kinda tied. Given he's unwilling to diversify his two-stock portfolio, I think carving out a medical trust from his largest asset will be an uphill battle, but definitely worth bringing it up.
 
Well it’s two weeks since purchase, and the Tesla still hasn’t moved from its parking spot.

Meanwhile, step-MIL is preparing for some dental work - twelve implants next week. I have no idea how much Medicare covers, but this may end up costing more than the car.
 
Marriage should be banned over age 65 for a variety of reasons. I mean there's no point when you hit a certain age. Just have fun and screw around without joining legally. My buddy is a judge and the number of cases he sees of women taking advantage of older men and stealing family wealth is staggering. Even with a pre-nup. If the old guy dies the pre-nup apprarently is thrown out and the new wife will usually get it all.
 

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