Which kid to leave car to

[hoppy]

Looking for in put on which of my children to leave my car to. I have one son and two daughters. I've owned car for 42 years so it has to stay in family. It's been in my family for 49 years.

 

[747mopar]

Good question.. To me it should be who has shown interest, sincerely wants it and not for it's value and which will actually enjoy it. I'm only 40 with 2 kids (8 and 10), my daughter fell in love with my car the second it was done and attends all the car shows, helps polish it up and has already informed me it's "her car".... Needless to say it will be her car. In my situation I've got time to build another for my son which is the plan and hope it's a father and son project.

 

[polywideblock]

just remember after your gone all bets are off .
how many lovingly restored/original cars get left to the kids and are then sold immediately
I have three daughters and the plan is to have three cars one for each .but I'm under no illusions , the oldest will probably sell it the same day .
I'll be dead and it won't be my concern anymore
the youngest loves the roadrunner but she moved to QLD 4 years ago so have no idea what she feels about it now

 

[black64]

Leave it to both and let them decide who wants it can buy the other out or sell it and split the money.

 

[67GTX440]

Looking for in put on which of my children to leave my car to. I have one son and two daughters. I've owned car for 42 years so it has to stay in family. It's been in my family for 49 years.

Have your executor sign the car off to the highest bidder with the bidding restricted to your children. Then have them split the proceeds three ways among your children. Whoever values the car most over a cash alternative gets it. 100% fair with no real reason for anyone to be pissed about not getting it.

Some would say leave an old Mopar to the kid you like most. Others say leave an old Mopar to the kid you like least.

 

[verdelaw]

Some would say leave an old Mopar to the kid you like most. Others say leave an old Mopar to the kid you like least.

^^ Ha!

Leave it to whoever you think would actually enjoy it the most. And if you want to adopt me for this purpose, I'm fine with that as well.

 

[PurpleBeeper]

^^ Ha!

Leave it to whoever you think would actually enjoy it the most. And if you want to adopt me for this purpose, I'm fine with that as well.

Yep.... I was just thinking..... what kind of Mopar is it? Would you consider adopting a middle-aged guy who'd give it a loving home?

 

[5.7 hemi]

Adopt me, then I'm family, and you can rest assured that I'll keep it. Problem solved!! LOL!!!

 

[mmissile]

Sell it, and divvy up the loot in your estate.

 

[Budnicks]

I've had this dilemma myself, I don't think any of my kids want my RR
my nephew Keith is a car lover, albeit not a very good mechanic,
he calls me all the time for help, but at least shows interest in the hobby,
& I raised him, so he's like my son...

I told my kids they'll get my trucks, boat, trailer,
my son says he doesn't want them, {so be it he's a lifer Navy boy, no need},
that is which ever I have at the time of my demise {hopefully many years from now},
all vehicle's value split 3 ways between the girls, they can divvy them up
{my son James the oldest, is executor}
the rest how ever they want as far as estate value,
so each of my 4 kids get 20% & my niece & nephew each gets 10%,
house hold goods, furniture, jewelry {Lisa's}, stocks, tools {big deal}, holding,
house other properties etc....
After that I'm OK with my nephew getting it {my RR or what ever collector car}
outside of the rest of my estate value...

I sat them all down & told them;
"if anyone contests what I've had put in the will, they will get nothing",
my son &/or my lawyer with my sons consent, has the power after that...
They all know pretty much what each are getting,
some heirlooms go to specific kids, for specific reasons &
when I get closer to my perceived death {that's if I actually know},
I'll give them all certain specific things, I want to go to specific kids...

IMO they all are good with it, so far & IMO it's fair...

It's really tough too !!
I never thought it'd be a tough to do a living will, living Trust as it is...

Good Luck

 

[abodybill]

I have 3 son's and at the time had 6 nice Mopars and started with the oldest and said which car do you want oldest said 69 BB GTS ok it's yours take it with you and put insurance on it-done.
#2 son he said I want the 69 Runner ok it's yours when I finish it-done.
#3 son I want the 72 Cuda ok it's yours come and get it and put insurance on-done.

I must have done something correct in bringing up these 3 sons as not one bad work from anyone of them on what cars each brother has and help out when needed-kinda makes ya proud pop!!

 

[Sonny Black]

they are fight'in already....I will have a Family trust....

My dad whom had a nice bit of $$$ said something interesting before he died..."I would give up everything if I could have my heath back"....and start over with nothing.

 

[Dennis H]

Limit bidding to the kids, but limit the $$$ to 100. Has anyone asked for it? Will you be checking out soon? I figure the kids don't care and will sell it. That's why I'm trying to wear it out now so there is not much left by then. Just not sure when "then is yet.

 

[440+6]

Tell them you going to cut it up in 3 pieces and give them each a third, the one that says no give it to the others is the rightful owner.
It's worked before I guess.

Or sell it and have yourself one hell of send off party.

 

[hoppy]

Cool ideas. I'm only 61 but someday it's gotta go to one of them. Oldest daughter isn't into cars much. My youngest daughter is but not with both feet. My middle child (son) knows Mopar inside out. But he's a wheeler dealer. Ha. Always buying and trading. I guess the one comment about after I'm pushing up daisies apples there. What will I care when I'm gone.

 

[72Fourspeed]

The son, hands down. The girls boy friends will trash it.

 

[GetX'd]

I have the dilemma of no kids and a car in my possession for 45 years. None of my nieces or nephews have shown any real interest. I would like to leave it to someone so it may be a friend that I know would value it the most. On the other hand - like Dennis H - I just may wear it out if I live a long healthy life. If I get to old to drive it and still have the dilemma I just may sell it and give the cash to those that I'm planning on leaving things to.

In your case I would likely leave the car to the child that loved it the most and wanted to keep it. If that was vague between them - I would let them buy the other out for a reasonable amount and let them decide. I agree it's an issue - and siblings/families do get torn apart by things like this.

 

[72Fourspeed]

I have the dilemma of no kids and a car in my possession for 45 years. None of my nieces or nephews have shown any real interest. I would like to leave it to someone so it may be a friend that I know would value it the most. On the other hand - like Dennis H - I just may wear it out if I live a long healthy life. If I get to old to drive it and still have the dilemma I just may sell it and give the cash to those that I'm planning on leaving things to.

In your case I would likely leave the car to the child that loved it the most and wanted to keep it. If that was vague between them - I would let them buy the other out for a reasonable amount and let them decide. I agree it's an issue - and siblings/families do get torn apart by things like this.

I'm up for adoption.

 

[Dennis H]

Maybe I'll leave a note," must sell to a fbbo member - for a dollar.

 

[BL1 70 RR]

Maybe I'll leave a note," must sell to a fbbo member - for a dollar.

I'll buy it for 2 dollars!