My Biggest Fear
 

BIGGEST FEAR !
MIKE :) (mikeburch)

Re: My Biggest Fear
 

Mine said their going in the dumpster along with the unfinished motor cycles. One of my grandsons will get the new Triumph I got.I'll probably turnover in the box when she does it. lol ken ct.

Re: My Biggest Fear
 

That's funny.

Re: My Biggest Fear
 

That's a good one Mike!!!! My Biggest Hope is I'm the Guy she sell's them To !!!!

John

Re: My Biggest Fear
 

my biggest fear is spending a ton of money on a model A motor rebuild only to have it last a few months.

Re: My Biggest Fear
 

It's even worse when you've done the work yourself!

Re: My Biggest Fear
 

My biggest fear is to comeback home again as we did after shopping on thanksgiving night to find out someone had broken into my shop. Who ever the culprit was now has some of the cheapest best tools that could be stolen. I was cleaned out good. And the worst fit one of my neighbors saw or heard anything. He or they can now cut weld plasma cut grind torch join sand wire and paint just about anything made out of metal or wood. And they won't need to go to the parts. Store for a long while either. If. They have not. Opened up their own store now. Moral of the story, do not be complacent install a alarm or cameras . The old statement should have could. Have really applies . Learn from my loss.its a cruel world out there and someone always is watching or looking at what you have. I was dumb and let my guard down, be smart protect your tools,there mighty expensive to replace.

Re: My Biggest Fear
 

... my A's will be worth what i paid for them in 1958.

Re: My Biggest Fear
 

I have a will---they will be distributed where I have determined---------I hope

Re: My Biggest Fear
 

I've been wondering what is a foolproof way to make sure my things go where I want them to go?

My mom had a will, but my oldest brother did everything in his power to make it his will, not my mom's will. 4 years later and things are still in the courts making lawyers richer. :mad:

Re: My Biggest Fear
 

That would be the normal break in time and 500 mile total the rebuilders recommend. As fopr Biggest Fear, an ELECTRICAL fire at 3 in the morning. Bob

Re: My Biggest Fear
 

I've already determined that when Dad passes on, my middle sister will have "her" way, and I am just going to let her. My younger sister may have something to say about it, but it won't do any good anyway. Middle sister has the checkbook!

As to my stuff, I doubt that any of my kids want any of it. They are all so not into the same things I am. Another event I will not worry about at this stage in the game.

Re: My Biggest Fear
 

Boy You said it, Tom! In my case it was an aunt (Mom's sister) who glomed everything! Life ins policies, House, 1 yr old Ford station wagon, savings accounts. She got the Power of Attorney and took possession of it all. I fought tooth and nail but made very little progress. Her lawyer screwed up and was doing the work of the executor and backcharging the estate. We sued and recovered a little, but the court would not remove her as executor even though the Will said that if she couldn't or wouldn't serve, I was to be next in line. "Where there's a will there's a relative!"
Terry

Re: My Biggest Fear
 

Yes, it pays to do research before it's too late. I was given POWER of ATTORNEY and mistakenly thought that meant I have the power the moment my mom passes. WRONG, that's when the power ENDS. I was named executor of the estate, but if my older brother wants to fight it he can take me to court and the fight is on. After 3 years of him taking me to court I finally just told him he can be executor, as I've had enough of it. I figured this would be the best thing to get things settled as quickly as possible, but in the end who knows. Money talks, and he has the money.:mad:

This is why I want to find out what to do to make sure my Model A's and parts go where I want them to and not to my brothers. My brothers have no mechanical knowledge nor interest in my cars, and they would only fight over them for the money they could sell them for.:mad:

Re: My Biggest Fear
 

How about making out a "Bill of Sale" for the items you want to go to whom. Todays date, put same in a safe deposit box. That way the items are not part of the estate, no tax is due. Even though you used the items for the last years of your life, they didn't really belong to you.

Re: My Biggest Fear
 

I like your thinking Desoto..........

you might want to rent them to yourself for a buck a year too-just to keep things on the up and up!

Re: My Biggest Fear
 

I have also seen the flipside to this. I was called to come see a 1930 Coupe for sale. I was told that it was all restored and ready to drive. When I got there, the widow showed me the car and it was far from what was described. She insisted that her husband told her it was worth over $20K and used this value to help justify his spending on it. At best, it was worth around $7K in the condition it was in.

Re: My Biggest Fear
 

My cars have 2 names; mine & my wife. It reads "OR" so that either one of can sell.

Re: My Biggest Fear
 

My wife says I will have the shortest obituary:

"Ed's dead. Cars for sale"

Re: My Biggest Fear
 

Be sure to spend some time with a lawyer and have a trust made up. For tax reasons (step up in value) sometimes it is better to inherit something (like a house or valuable car) than have it given to you.

Charlie Stephens