Books : The Boomer Burden: Dealing with Your Parents' Lifetime Accumulation of Stuff
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Binding: Paperback
Dewey Decimal Number: 646.78
EAN: 9780785228257
ISBN: 078522825X
Label: Thomas Nelson
Manufacturer: Thomas Nelson
Number Of Items: 1
Number Of Pages: 208
Publication Date: June 01, 2008
Publisher: Thomas Nelson
Sales Rank: 34925
Studio: Thomas Nelson
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Product Description:
A practical guide to advise Baby Boomers how to deal with the daunting task of facing a parents' eventual passing as it relates to residential contents, heirlooms, and the often difficult family interactions and feuds that accompany them.
With fascinating stories and comprehensive checklists, professional estate liquidator Julie Hall walks Baby Boomers through the often painful challenge of dividing the wealth and property of their parents' lifetime accumulation of stuff. From preparation while the parent is still living through compassionately helping them empty the family home, The Estate Lady® gives invaluable tips on negotiating the inevitable disputes, avoiding exploitation from scam artists, and eventually closing the chapter of their lives in a way that preserves relationships and maximizes value of assets.
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Dealing with the death of a parent can be very difficult. Emotions run high and feelings are in a state of volatility and turmoil. If this wasn't enough, there is also the problem of dividing up the deceased person's estate and this problem is compounded further when there is no will; no official document that says exactly how to distribute assets. Add to that the problem an adult child experiences when emptying out a parent's home that is overloaded with things, and you have all the ingredients for a highly stressful situation.
This is where The Boomer Burden can help. Written by a woman with plenty of experience with estates, wills, and other related issues, this book is intended to serve as a guide to adult children who want to do the right thing, honor their parents, and get through the ordeal with as few hard feelings as possible. The book begins with the topic of wills and it drills into the reader's head just how important it is to have a will- not just for parents who are nearing the end of the line, but also for themselves. Without a will, a court will decide how to divide up the assets of an estate and, more often than not, the division of property will be unacceptable to the children and will probably not coincide with the desires of the parents. This is why it is so important to have a will, and the author stresses and then re- stresses this point over and over as you read.
After the issue of wills has been emphasized to excess, The Boomer ... Read More
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I bought this book because the advice given applies to my specific situation, a baby boomer getting close to having to deal with end-of-life issues for my parents. The author bases her suggestions and advice on experience and has good credibility. The information is not only useful for dealing with parents, but preparing for my own end-of-life situation as well. There are many hard truths in the book that many of us fail to face up to, but need to in a responsible way. I'm buying more copies of this book for a sibling and for my estate executor. It's a very practical book with excellent advice. It's easy to read.
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The author did an excellent job in detailing the process of cleaning up your parents house, dividing the stuff and liquidating the estate. She was in-depth, followed through with details, experiences and multiple options. Really a great book for trying to tackle estate division with ease. I only wished I read the book prior to my parents slowing down. Once they are gone you cannot asked them any questions -- like "who's in the picture". The author has great tips on supporting your parents during the later years, knowing when your parents need more help than you can offer and easing the burden of their wonderful lifetime of memories. The lawyers get to handle the formal legal notifications but this book is really for the executors who have to clear up the STUFF. A great buy!
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Some things we just can't put on the back shelf, but before we all die we somehow manage to fill shelves . . . tons of them. Have you noticed, as a Baby Boomer, the sheer amount of clutter and junk in your parent's home? Your own? Chances are you don't have anything that would make an appraiser shout for joy on Antique Roadshow, but the local junk dealer might be happy as a clam to get some of it. In the event your parents become unable to live in their home due to disability or pass away you might just be taking a much closer look than you planned on. According to Julie Hall, author of the fabulous book, The Boomer Burden: DEALING WITH YOUR PARENTS' LIFETIME ACCUMULATION OF STUFF, you're going to be hit by a "flying brick." It isn't going to be a pretty sight.
When we Boomers were in our twenties, we all felt we were invincible. Nah, we're all going to live forever and nothing will happen to mom and dad. Think again. As Hall bluntly states, "even Lipitor won't keep your parents alive forever." The resulting estate, however palatial or humble . . . well, you gotta deal with it, like it or not. Known as "The Estate Lady," Julie has a great deal of experience and claims she can help the reader "clear out your parents' estate in seven to ten days." Sage advice includes dealing with the appointment of a legal representative, division of the estate, identity and appraisal of potential valuable items, how to minimize sibling rivalry, how to deal with ... Read More
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Looks like a good book with lots of helpful information in dealing with the daunting task of cleaning out your parents house. I'm sure we will get some good use out of this book.
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