Digital Gee

I've been getting ready to update my will, and, like usual, found myself putting it off for a long time. My "estate" isn't even very complicated, but somehow I always find a way to put this project on the back burner. So I'm wondering -- do y'all have a will, and is it up to date? And, while I'm poking my nose where it doesn't belong, what are you going to do with your bike(s)? I mean, you can't just let them go to just anyone, right?

John E

My Bianchi and Capo road bikes are a problem, since my sons are too tall for them and my wife is slightly too short for them. I would certainly want them to go to someone who would appreciate what they are.

cranky old dude

What little money I have is payable to my wife upon my death, the house
is falling apart, my Chevy is dead in the driveway, the MG is dead in the
garage (and she can't work the clutch anymore), and I'm taking my bikes
with me!

In other words, not yet. Yes, I know it's important but so little is
contestable she's not too worried about it.

Ed in GA

Well, as sort of a pre-cursor to making a will, I asked my wife "Honey, if something happened to me do you think that you would find another fella someday?"

She said, "Honey, I don't know. I might."

I said, "Well, if you do, are you going to let him ride my bike?"

She said, "No! It's too short for him."






At age 64, I need to get a will in place.

SaiKaiTai

I do though it could probably be a little more up to date

Beverly

I've had a will for years but it needs some updating.

I haven't given too much thought to what will happen to the bikes. I'm hoping I live long enough to wear them out. Maybe I'll take the Madone with me

NOS88

As a 12 year old I was stunned to hear my mother say she didn't care what folks did with her or her stuff when she was dead. I thought that was a very cold thing. She went on to explain that what she wanted for her was only important while she was alive. The older I've gotten the more I've come to appreciate her position. I do care if upon my death my loved ones will be financially secure, and have taken steps to that end. In terms of my bikes... Well, once I'm gone they can do whatever they want with them. I'll be riding something better in a better neighborhood anyway.

Jet Travis

My wife and I took out life insurance on each other. So, now everything is pretty much of a waiting game.

Seriously, I think a will is important. It's not that expensive, and you'll be doing your loved ones a real service by keeping the probate and legalities to a minimum.

BikeWNC

We each have a will but all it says is everything is left to the family trust. Everything we own is in a family trust.

Trsnrtr

Will? Of course. Doesn't everyone over 50?

roadfix

But make sure you spend most of your money before you die.

maddmaxx 

My bikes are being burried with me so that I will have transportation in the afterlife. So are my cats, my servents (bike butler) and most of my treasure......

flan48

We modified our wills 2 years ago in order to protect our now 15 year old grandson. As his father, our son, has serious problems (which he refuses to address or really acknowledge), we feared that if he got everything he'd piss it away within 2 or 3 years and the little guy would end up with zilch.

Best regards

Retro Grouch 

We have one but I think that it definitely needs to be done over.

My long range plan is for the last check out of my account to go to the undertaker and for it to bounce. Bingo! Problem solved.

overthehillmedi

No will but I have a way!

arkansasgal

A will is very important if children are involved. Also, a health-care directive with a power of attorney. This is extremely important for singles. As for my "orange crush", I plan to wear it out. I am afraid I will need to get another bike before I go and can't imagine riding anything other than orange crush.

DnvrFox

Not only a will, but trusts:

Durable Medical Power of Attorney x's 2
Special Needs Trust for my son with a disability.

Etc.

freeranger

I tried to will myself up a steep hill, but it was for nill!
But seriously folks, yes, a will and trust also-just in the last few months.

Garfield Cat

Yeah, the purpose of a will (and a living trust) is to settle stuff now, not dump the responsibility upon someone else.

How about a new thread for "willed bikes"? Can you imagine? All of us will be waiting for Digital Gee to die so that we can get our hands on the goods.

DnvrFox

As time goes on, all of us are getting just a bit closer to the grim reaper. Some here have already met him/her.

So, what WILL happen to those bikes?

They most likely will be of no use to your partner - and will probably be sold for next-to-nothing at an estate sale.

So, I think the best thing to do is for me to give you my address, and a guaranteed shipping and packaging payment, and you can simply have the widow or kids ship them to me, and I will gladly handle the problem

Digital Gee

That said, if shipping is cheaper to San Diego, you could have them sent my way instead.

Retro Grouch 

Don't know that you'd be interested, Deege. Most of my bicycles are painted black.

RoMad

My wife and I have wills and we are in the process of udating them. As to my Litespeed, who cares what happens to it when I'm gone. I'm pretty sure upon arriving in heaven a new Litespeed will be waiting on me.

Velo Fellow

I'm single, 2 kids (12 &23) in college. Yes, a will is a good idea. All goes to my kids evenly.As for bikes....into the estate sale they go and I'm hoping they don't end up in a trailer park with the handlebars upended--- a handbuilt lovely in the hands of a mullet-head methie will trouble me for an eternity.

Having 2 daughters, as you do, a will becomes a necessity. Not to mention medical power of attorney, etc. Worth the bucks.

Digital Gee

Curious...any of you use an on-line website to do your will? Seems like if it were a simple affair, that might be a low cost solution. But...is it a false savings?