Wise, Buddha-like sages tell us to minimize our possessions -- particularly as we age. Well, officially as of last month, Wifey and I individually own two tiny plots of real estate anywhere in the world: a couple of cemetery plots at Mt. Nebo in Kendall, up against the Palmetto Expressway and near Dadeland Mall, where Wifey worked as a teen and I spent a lot of time roaming around as a law student.
Villa Wifey is now legally owned by a trust, in which Wifey and I are trustees. Also, the mortgages we gave to the Ds and Jonathan, so that they could afford houses in absurdly expensive Miami, likewise are now held by the Trust, not Wifey and me individually.
Fine estate lawyer Mark Grand has now completed his work. I still have to send the letters to brokerage houses to switch ownership there as well, but that's less important, since the Ds are already beneficiaries to all accounts and when Wifey and I spin off this mortal coil, ownership passes to them without probate.
It's simply a legal title change, of course, but I figure I can take Buddhist street cred now: "I don't even own the house where I have dwelt for 1/4 a century, it's owned by the Universe through a Trust..."
I really do get comfort knowing we've simplified things as much as we can for the Ds. Actually -- not true -- we still have a lot of CRAP they'll have to donate or toss when the time comes. I really stopped enjoying stuff after Hurricane Andrew, where I watched things I thought I cared about all waterlogged and strung with pink fiberglass insulation. I mean, I like SOME stuff -- TVs and my computers, a few books, and my firepit. But honestly, if a thief came through and stole about everything else -- I would laugh.
The point of the Trust was so the Ds automatically take the house "when the time comes." I was curious how professional death lawyer Mark referred to these events -- he said simply "when you pass." I thought that was nice but still accurate.
It still makes me chuckle when I encounter people who are in denial about mortality. Within a few weeks, I heard from 2 -- pretty old folks with a HOST of health issues that would prevent me from writing them any life insurance, saying "Oh -- I have decades -- it's in the genes." Hey -- I hope they're right, and live to 100. I think the chances of that for Wifey and me are the characters from an old Hollywood Western -- Slim, and None -- and Slim left town.
Hell -- later today I have to stop by Walgreens to pick up refills for two of my daily prescriptions -- a statin for cholesterol and drops that keep my creeping glaucoma at bay. Classic old guy stuff. Dr. Eric tells me the statins have truly revolutionized Cardiology -- he used to treat a lot of heart attacks and now far fewer -- these drugs truly prevent them. So maybe I'll get to leave due to something other than a bad heart -- which got my Dad at 63. Hell, this coming September, I'll have outlived him by 2 years -- playing with the House's money, as I always say.
The roofers continue in earnest -- here each day at 8 -- work until 4. Kevin and Jose, my two contacts, had said it would take 3 weeks -- today marks the end of week 2, and it seems to me it will take longer. I joke that this yuuuuge place Wifey made me buy for her is the reason. She rolls her eyes -- I fell in love with this property at first sight -- the whole thing was MY idea -- a true oasis for my young family a quarter century ago.
And now some Trust owns it -- hopefully the Trustees aren't jerks. If they are -- well -- they can be revoked.