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Morbid shit you have to think about when you get older ... sorry to post this but I could use some unbiased ideas from people outside of my circle of friends and family.

I have a kind of perplexing personal situation that I am trying to figure out.

I am currently single. I have no children. My parents have passed on. I have no siblings. I was the only son of an only son of an only son. I'm getting up in years, still think and feel like a 40 something but more mellow with age. I have no medical issues, should live at least another 10-20 years but you never know. I've married and divorced, have had some wonderful times during a few LTRs with a handful of quality women in my life. It is highly possible I will never marry again. The women I'm attracting lately aren't getting any cuter or striking me like a thunderbolt.

I am the end of my father's lineage and only have relatives on my Mom's side. Most cousins on Mom's side have had 2 or more kids. I have not spent much time with my cousins other than weddings and funerals over the past 40 years. They live hours away from me. I am younger than all but one cousin, theoretically most of them will die before me.

My problem is who am I going leave my estate to? It is fairly sizeable and I don't see myself spending it all before my time comes. I've always been a frugal Yankee, it was how I was raised. It would be going against my nature to try to spend most of it before I fade into history, I don't think I would find spending it all that enjoyable.

My mom's side of the family is not wealthy, my estate divided up and distributed among them would change lives ... for the better I would hope.

My thought was to generally have my estate liquidated and divided among my surviving cousins. However, they are almost all older than me and may not be around or physically/mentally able to manage/liquidate my estate when my departure time comes.

My next thought was to skip that generation and focus on their surviving children (most in their 40's now), of which I have no real personal relationships and barely know their names. I could spend time trying to get to know them better in the time I have left and single out those who I think would most appreciate some of my family artifacts to keep them in their family, to be handed down again and again over time, as well as dividing the rest of my estate among all of them. As an example, I want my guns, my fathers guns, my grandfather's guns to be valued and handed down through future generations of mom's family. My cousins are/were all hunters and have passed the tradition onto their kids who would likely value the guns vs head for the pawn shop.

There is a hybrid solution, beneficiaries could be my surviving cousins and the children of my deceased cousins at that time.

I intend to leave all of my motorized toys - atvs, snowmobiles, cars, trucks to my lifelong buddy who was the best man at my wedding and has had a big impact on my life for over 50 years. He would know what to do with those toys (he is a master mechanic savvy in all motorsports) whereas I don't know about my cousins and their kids.

Can anyone think of other options I might consider beyond liquidating it all to fund sending my corpse to Mars? Lol!

I feel I need to settle on a solid plan before discussing any of this with my cousins. Maybe someone on POAL has an idea I haven't considered. AOU might suggest I make POAL the beneficiary so he can upgrade the server, then retire. Lol! Just kidding!

Morbid shit you have to think about when you get older ... sorry to post this but I could use some unbiased ideas from people outside of my circle of friends and family. I have a kind of perplexing personal situation that I am trying to figure out. I am currently single. I have no children. My parents have passed on. I have no siblings. I was the only son of an only son of an only son. I'm getting up in years, still think and feel like a 40 something but more mellow with age. I have no medical issues, should live at least another 10-20 years but you never know. I've married and divorced, have had some wonderful times during a few LTRs with a handful of quality women in my life. It is highly possible I will never marry again. The women I'm attracting lately aren't getting any cuter or striking me like a thunderbolt. I am the end of my father's lineage and only have relatives on my Mom's side. Most cousins on Mom's side have had 2 or more kids. I have not spent much time with my cousins other than weddings and funerals over the past 40 years. They live hours away from me. I am younger than all but one cousin, theoretically most of them will die before me. My problem is who am I going leave my estate to? It is fairly sizeable and I don't see myself spending it all before my time comes. I've always been a frugal Yankee, it was how I was raised. It would be going against my nature to try to spend most of it before I fade into history, I don't think I would find spending it all that enjoyable. My mom's side of the family is not wealthy, my estate divided up and distributed among them would change lives ... for the better I would hope. My thought was to generally have my estate liquidated and divided among my surviving cousins. However, they are almost all older than me and may not be around or physically/mentally able to manage/liquidate my estate when my departure time comes. My next thought was to skip that generation and focus on their surviving children (most in their 40's now), of which I have no real personal relationships and barely know their names. I could spend time trying to get to know them better in the time I have left and single out those who I think would most appreciate some of my family artifacts to keep them in their family, to be handed down again and again over time, as well as dividing the rest of my estate among all of them. As an example, I want my guns, my fathers guns, my grandfather's guns to be valued and handed down through future generations of mom's family. My cousins are/were all hunters and have passed the tradition onto their kids who would likely value the guns vs head for the pawn shop. There is a hybrid solution, beneficiaries could be my surviving cousins and the children of my deceased cousins at that time. I intend to leave all of my motorized toys - atvs, snowmobiles, cars, trucks to my lifelong buddy who was the best man at my wedding and has had a big impact on my life for over 50 years. He would know what to do with those toys (he is a master mechanic savvy in all motorsports) whereas I don't know about my cousins and their kids. Can anyone think of other options I might consider beyond liquidating it all to fund sending my corpse to Mars? Lol! I feel I need to settle on a solid plan before discussing any of this with my cousins. Maybe someone on POAL has an idea I haven't considered. AOU might suggest I make POAL the beneficiary so he can upgrade the server, then retire. Lol! Just kidding!

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[–] • 1 pt

Albeit I do have some rare old books that might be valuable some day.

You would have loved the neighbor across the street when I was growing up. She had an old book store in the front rooms of their farmhouse, would buy and sell. She was well read and used to hit the thrift stores looking for quality books of value every week until she was no longer able in the 1970s. She helped me out in elementary, middle and high school by giving me books about whatever I was learning at the time. She was like a surrogate grandmother to me. Wonderful woman. She also taught me how to play cribbage and took us candle pin bowling ... my folks weren't into bowling but I loved it. Later in life I was either the cribbage champ or close to it in every competition.

Unfortunately I hardly know my cousins kids. I should try to get to know them before it's too late. I think everyone of them would appreciate an inheritance, and given most of my cousins kids are in their 40s, should be mature enough to spend the money wisely. None of my cousins are wealthy, so their kids were raised to be frugal and to make do with what they had ... just like me. Hunting, fishing, gardening, integrity, hard work, family and making due is the lifestyle they were taught. Knowing I mproved their lives into the future would make me rest easy as I someday drift off into the abyss. If my folks were still alive I think that they would emphatically agree with my plan.

[–] • 1 pt

That's the neighbor a kid like me would have adored.

Sounds like a fantastic way to grow up! Your cousin's kids are very lucky; as hard as these financial times seem to be an inheritance can make the difference between living day to day and being able to plan for the future.

[–] • 1 pt

That's the neighbor a kid like me would have adored.

She let me count and roll their change jar every year - because I was into coin collecting. She told me I could keep any valuable coins I found. I did find many to help fill in my coin collection books. After I got a bit older, she found a younger neighborhood kid to do it, same story. Great neighbors!

Neighborhoods aren't nearly as connected as they were back in my day. It would be fantastic if society could someday recapture that friendly cohesion.