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List Your Assets/Wishes

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TimNearFortWorth View Drop Down
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Joined: 12 Dec 2009
Points: 2014
Post Options Post Options   Thanks (0) Thanks(0)   Quote TimNearFortWorth Quote  Post ReplyReply Direct Link To This Post Topic: List Your Assets/Wishes
    Posted: 20 Feb 2017 at 11:10am
Guys, just a note to remind us all to lay out your wishes and what you want done with your assets.
We have had cancer pop up in the family and both parents diagnosed within the last year.
Brother was then diagnosed in December and he nor his immediate family would accept the fact that he was terminal. I just returned as I ran up to see him and he passed peacefully Friday morning at his home, only 59 years old.
When asked about the shop he started building about ten years ago for his snowmobile collection, his son took me to the large locked shop down from the house and opened the door to show me my brother's pride and joy. We had a Polaris dealership on one side of the family and an A-C dealership on the other so we always had plenty of both going back to the 50's.
I had not talked much with this brother the last five years as we all get busy . . . .
Imagine my surprise to see over 80 restored Polaris snowmobiles, from a number of early rear engine (even an articulated unit I never knew Polaris made), factory racing Starfires and units up into the 90's. All restored to pristine original condition with another 25 unfinished found at one of his other shops off site.
Between selling his tire business, camp on the lake and a number of other assets, his son advised the snowmobile warehouse will be locked up until they feel they can deal with it someday with an appraiser.
I am currently reviewing everything I have and making lists myself . . .
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Stan IL&TN View Drop Down
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Joined: 13 Sep 2009
Location: Elvis Land
Points: 6730
Post Options Post Options   Thanks (0) Thanks(0)   Quote Stan IL&TN Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 11:52am
Tim I'm sorry for the loss of your brother and thanks for the reminder that we all need to have our ducks in a row so we don't burden others with what to do with our "stuff" after we are gone.
1957 WD45 dad's first AC

1968 one-seventy

1956 F40 Ferguson
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CrestonM View Drop Down
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Joined: 08 Sep 2014
Location: Oklahoma
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Post Options Post Options   Thanks (0) Thanks(0)   Quote CrestonM Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 12:01pm
Sorry for your loss. Dad lost his brother at a young age, and it hit him pretty hard. 
Yep, getting everything lined out is very important. I'm thinking what I'll eventually do is gather all my heirs together, then write down who all wants what. I would want to make people happy by giving them what they want most, and try to prevent what I'm going through now after the passing of one of my grandfathers. Then if two people want the same piece, play favorites. I'll be dead when they find out anyway. Lol
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Ted J View Drop Down
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Joined: 05 Jul 2010
Location: La Crosse, WI
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ted J Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 6:07pm
My condolences Tim for your loss.  He went quickly which I would say is a God send.  He didn't suffer too long.  My dad passed in his early 50s too, but he had some time to spend with us and get his ducks in order.  He suffered for a little over a year.
May God smile on you and help you through this trying time.  Remember, you can get on here and pour your heart out, we're all a big family........
"Allis-Express"
19?? WC / 1941 C / 1952 CA / 1956 WD45 / 1957 WD45 / 1958 D-17
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Tony.Or View Drop Down
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Joined: 18 Mar 2010
Location: Oregon
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tony.Or Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 6:09pm
 Good  sound  advice !  Get  every thing  down in writing ..   I have  done  this  already with my 2  sons.   who  gets  what ...  Then have a will ...     Tony
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Calvin Schmidt View Drop Down
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Joined: 11 Sep 2009
Location: Ontario Can.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Calvin Schmidt Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 8:20pm
My thoughts Tim. We are in that process right now !  Draft of updated wills on the email tonight.
Nothing is impossible if it is properly financed
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45 turboa- View Drop Down
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Joined: 04 Feb 2012
Location: coral city wi
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 45 turboa- Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 9:08pm
I know all to well what you are talking about.My sister past away last nov of a massive heart attack at 55 years old things can happen fast. My family and I still can't believe it !
turbocharged
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Tracy Martin TN View Drop Down
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Joined: 11 Sep 2009
Location: Gallatin,TN
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tracy Martin TN Quote  Post ReplyReply Direct Link To This Post Posted: 20 Feb 2017 at 10:12pm
Tim, so sorry for your loss. Not really any words I can say to make it hurt any less!You are right about our wishes, need to clearly have it wrote out. God Bless and God speed the healing for you and the family!
No greater gift than healthy grandkids!
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