When my mother passed away, my brother and I split her estate and I received a little over $200,000. She was 91. The ensuing process was made easier by the fact that she appointed me to manage her finances and I made sure that everything was in a joint account which could easily be accessed with a death certificate.
There was quite a bit of money left, in addition to her condo in Florida and her car. My brother got the car for his daughter and we sold the condo and split the proceeds. My brother and I have a very good relationship and that helped a lot. My mother insisted on a 50/50 split so when all was said and done, we added all the numbers up and divided by two. We both felt like we did what was necessary to honor her wishes.
These three families are on their way to becoming millionaires. How are they doing it -- and how can you?
