Asbestos?

Discussion in 'Other Automotive Tech & Talk' started by Jamie Miles, Mar 7, 2008.

  1. Jamie Miles

    Jamie Miles the road warrior

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    Well, at 20 years old I don't have a will :rofl2: , but I have had a burial plot literally since before I was born.
     
  2. ford84stepside

    ford84stepside Lone Wolf

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    I don't want to come off sounding like an ass, Jamie, but Bubba was only 20 years old, too. You just never know or expect it. I know we didn't....
     
  3. Jamie Miles

    Jamie Miles the road warrior

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    The only thing I have that's really worth anything is my Fiat Spider. If I were to die tomorrow, either my dad or my grandpa would get the Spider, the other cars I have (Mavericks included) that run would probably be sold, the ones that don't would probably be sent to a junkyard. About everything else I have would probably be either sold, given away, or thrown away. It's been just over a year ago now that a buddy of mine was in a fatal wreck, ran a light and got hit by a semi truck. His friend that was in the passenger seat was killed on impact. I went and helped get the personal belongings out of what was left of the Jeep, a Jeep I had rode in several times before. If there is one thing I have learned in my short life, it's that no one is guaranteed tomorrow.
     
  4. PaulS

    PaulS Member extrordiare

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    The personal property that you have will, if you don't have a will, be added to your "estate". Everything will be auctioned to pay the bills you owe and what ever is left goes first to a wife or ex-wife or kids. If you have none of the above then the family gets what is left in equal shares. If you own $5000 and everything is auctioned of at $2000 then no one gets anything.
    If you have a will then you get to say who gets what and the bills get paid by auctioning off whatever is not listed in the will.
     
  5. Jamie Miles

    Jamie Miles the road warrior

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    Who decides, or would enforce that? I have several bills, but none are outstanding, and if they were I can't see them being enough to warrant auctioning off anything I own, before my parents or who ever would just pay them first. Seems to me everything I have would be in the possession of my parents to do with as they please, and they would be the sole persons to decide what happens to all my junk? The Fiat is probably the sole thing I have that would be of any real interest to anyone.
     
    Last edited: Apr 8, 2008
  6. PaulS

    PaulS Member extrordiare

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    When someone dies the estate is put in probate. Creditors and family are notified.
    Perhaps you should talk to a lawyer to get the full legal description. The first 1/2 hour consulation is usually free.
     
  7. Hawkco

    Hawkco Genuine Car Nut

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    All this talk on wills and probate depends on your state. In Georgia, unless Jamie has tons of creditors and claimant, the probate court in his county wouldn't fool with probating this case. They would tell his family sorry for their loss and pretty much let everything be at the disposition of his parents. There are no fees to be made since they would be a percentage of Jamie's net worth. As with any gov't run entity, it's all about the revenue. If there is not going to be good revenue, they ain't foolin' with it. I'm in an estate planning practice and I see it work this way all the time. Probate courts want to probate estates of $1,000,000 and more - more revenue.
     

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