you guys make assumptions...you should make plans and write them down..heres what i have seen in the last 30 years when my buddies have died
most of the kids want nothing to do with the stuff
those valuable friends will take advantage of your family 8 out of 10 times once you are gone
no one knows the value in the future..its prob a pipe dream we make money on our cars in the future
usually the car family is just putting up with your hobby and when your gone,,,they will take some time..and then sell everything you are, away..and youll just be memories and pics in an album..so find a kid or grandkid that loves them and groom them to take over
find someone you trust outside the family like a lawyer set it all up get it written down..because unless you state it..who knows what you want
im not being a downer or bad mouthing anyone..but ive seen more widows screwed by close family or friends on their husbands stuff or cars than you can imagine..she is vulnerable and hurt..when theres money the vultures circle
so..get it in writing..get values put to your stuff..and hope they get 10 cents on the dollar for your parts etc.
on the other side..the widow..they are overwhelmed..they have no clue, and what i have seen is, they just dont care and want it all gone so they can move on..after all..life goes on after someone dies..
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In Missouri...you can take your title to the license office and ad T O D to your family member...that is Transfer On Death...you fill in his name etc..its still yours but the car goes to the person on your death and he has to sign off for it to sell..so no one can jump the title with out that person knowing..it kills the title til its transfere to the person and they turn the title in and get it in their name...i just went thru this last week..and before i bought the car i took a pic and went to the license office..its been explained as a way to protect assets in an elderly death so one surviving family member has control of assets...and the lady told me its very big and happens daily
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Mark..
The Goat whisperer
"I spent a lot of my money on booze, crazy women, and fast cars. The rest I just squandered."
Last edited by marxjunk; 01-26-2016 at 01:49 PM.
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