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A HERETIC I AM

(24,815 posts)
6. He was amused by the attention it gave him.
Thu Jan 31, 2013, 08:42 PM
Jan 2013

He was a really interesting guy.

He was born in 1908 and was a ...well...I think he called it "Theoretical Chemistry"...something like that, it's been since 2009 when he passed.

Anyway, he worked for Her Majesty's Armaments in the South of England during WWII in a Cordite facility.

He was also instrumental with and worked on the team that originally developed Carbon Fiber technology and helped bring that product to the public sphere.

He worked for the British Embassy in DC as a Technology liaison through the 1960's and 70's.

One big problem.....I could never get him to properly modify his trust documents to reflect the true intentions he shared with me for what to do with the remains of his estate. As far as I know, it is still in limbo, as there are no heirs.

The trust stated that a Charitable trust was to get it all, but I KNOW he wanted it distributed more broadly. He was a devout Catholic and wanted to help many other charities. The problem is he named a now defunct entity as the successor trustee - AG Edwards Trust company, a division of the firm I worked for that got swallowed by Wachovia and then Wells Fargo at the end. I admit I suggested he do that, as he wanted to name me, but I couldn't and wouldn't as there would have been a MASSIVE conflict of interest issue. Not to mention it just isn't ethical. AG Edwards Trust was the perfect solution, but as I mentioned, I could just never get him to go see his attorney and flesh out the details on the trust docs.

The Moral? Get your shit together early, and if you change your mind, make the changes to trusts and wills RIGHT AWAY.

Don't wait until it is too late to do anything.

BTW, the account is probably back well above $500,000 with the recovery of the market, but as far as I know, just sits there, in legal limbo.

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