This is a blog about money and estate planning. And so the adventure begins.
In trying to provide guidance, an IRS auditor supposedly reminded that, “The trick is to stop thinking of it as ‘your’ money”. I guess that’s one way to look at it. Of course Earl Wilson reminded us that, “if you think that no one cares if you’re alive, try missing a couple of car payments”. I learned a long time ago that the definition of a bank is a place who loans you money… when you don’t need it. (Bob Hope)
Jerry Seinfeld reminds us that dogs are happy despite having no money or things. “They are broke their entire lives but they get through. You know why they have no money? No pockets!”.
I remember one actor saying that the only reason that he made an American Express commercial… was to pay for his American Express bill.
And that leads me to Robin Williams who defined “Carpe per diem” as “Seize the check”.
The reminder that people are funny about money. I end the blog with Robin Williams because his estate has his entire family in an uproar. It’s discussed in the NY Times article Robin Williams’s Widow and Children Tangle Over Estate.
Nearly six months after his death, his widow and the children from a previous marriage are in a legal fight over the division of the estate. According to the widow, she is entitled to the house and everything in the house. The kids say that she is entitled to everyday things in the house… not memorabilia that has value.
The wife is blocking access to the home. The kids basically are saying that she can keep her toothbrush, they want the Oscar statute. Well, in so many words that’s how it breaks out.
The kids claim it is effecting their ability to grieve the loss of their father. The wife says her domestic tranquility is being harmed.
Yep, people are funny about money. As Malcolm Forbes used to say about being rich, “I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died”.
And for our pic o’ day, speaking of legal…