Last week's Senior Advice

DEAR DOUG: SENIOR ADVICE

Keep quiet about the details of wife's estate

By Doug Mayberry
 


DOUG MAYBERRY
Q: After my wife died, I courted her widowed friend for more than two years. Then we married, and both of our families accepted our relationship lovingly. Now my wife has developed major medical problems, and her doctor's prognosis is she has only a few months left.

My wife had a great deal more money than I when we married, but she insisted after we are gone, that our total assets be split equally with both families. We signed the legal documents based on her wishes. We have chosen not to reveal our decision to anyone in the family. However, now that their mother is ill, her daughters have opened up the issue with me and want to know the details how their mother's estate will be divided and distributed.

Before we married, I told my wife her decision to split equally would cause family problems. She said she didn't care what their objections would be, but it was her money and the split was her decision. Is this the time to reveal our estate plans?

A: As you have signed your legal documents, it's a done deal. As you suspected, it is likely her family will be unhappy over their mother's decision. Your choice is when you want the family quarrel to begin - now or after your wife is gone. Also, if you reveal the will's details now, the daughters will try to put pressure on their mother to change her mind. Do you want your wife to face this issue while facing her mortality?

If you agree, and if her children pressure you, simply explain that you and their mother have made and signed your estate documents, and that the details will be handled by your lawyer at the appropriate time. They will not be pleased with your response, and it will no doubt lead them to suspect her decision will not be favorable. Hopefully, this will at least postpone any future family war until after their mother is gone.

Be strong. As your wife's caretaker, you have enough responsibilities to deal with at this time.

Q: When we married in our early 20s, we made plans that we were passionate about. We expected to reach most of them, but 20 years later, we find we reached only about a quarter of them.

Our son is getting married next month, and he and his fiancee are asking for our advice about what we found were our most important priorities when we married. We find it difficult to explain. What would you suggest?

A: Real life is about stages. As we age, our thoughts change because we are forced to reconsider some of our decisions. It is normal before marriage to think long- rather than short-term. For example, your husband may choose to become a certified public accountant, but after practicing a few years, decides that career is not what he really wants. Sometimes you will be in a position in which he can make a change, sometimes not. Explain that as life changes, so will their beliefs.

As none of us ever gets everything we want, recommend compromise as a critical consideration in establishing a successful, happy relationship. Tell them to teach each other how to deal with life's changes and to be prepared to accept these changes positively. It's wise to expect the unexpected.

Anticipating and achieving are two different issues. Many believe anticipating low expectations leads to greater happiness, others set unrealistic high expectations that cannot be reached. Most partners choose the middle ground successfully as they learn there is always a price to pay for everything we do. Give them the benefit of your actual experiences.

The best partnership is one in which both parties agree on plans, yet remain flexible should something go wrong that requires a change of direction. Major events such as being fired or a loss of a child can change our lives in an instant. Tell them to prepare themselves emotionally for such events, and to continue to love one another for who they are, not what they would prefer them to be.

Doug Mayberry lives in a retirement community in Southern California. Send your questions to him at deardoug@msn.com or write to him at P.O. Box 2649, Carlsbad, CA 92018.

© Copley News Service

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