Search found 617 matches

by 8foot7
Wed Apr 25, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: how would you handle this--collecting life insurance
Replies: 10
Views: 513

Re: how would you handle this--collecting life insurance

Call the regulator. My wife was the beneficiary of three insurance policies on her mother. From death to full policy payout was about six weeks, and three of those weeks were waiting on the state where her mother died to generate the official death certificate. I don't even recall that there was rea...
by 8foot7
Wed Apr 25, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 25
Views: 1403

Re: How to be a good executor to family

My wife just went through this. Her mother died. Five beneficiaries, three which had specific monetary assignments, and then her brother and her who basically split everything that was left 50/50. Death was in February. There was a house with a mortgage. It took close to two months to get access to ...
by 8foot7
Wed Apr 25, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Who benefits from "best and final offer" on condo?
Replies: 55
Views: 2811

Re: Who benefits from "best and final offer" on condo?

Sometimes words mean what they mean. “Willing to escalate” isn’t your best or your final. “I’m willing to pay $1.5 and not a penny over” is your best and final.
by 8foot7
Tue Apr 24, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Changing Lifestyle
Replies: 78
Views: 8732

Re: Inheritance Changing Lifestyle

If it were me I’d give wife half of the income it throws off and tell her to have a ball. It’s a meaningful amount, modest in comparison to your new wealth, and resentment ain’t cheap.
by 8foot7
Tue Apr 24, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Structuring Newlywed Finances for Fairness and Less Arguments
Replies: 84
Views: 5888

Re: Structuring Newlywed Finances for Fairness and Less Arguments

My wife and I approach this the exact opposite of some others on this thread. We both work. We have separate accounts and our incomes go into our separate accounts. We both save for retirement. We split all expenses 50/50, even though at times our incomes have changed as to who makes more and who do...
by 8foot7
Tue Apr 24, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 66
Views: 4932

Re: Settlement Offer -- Accept or Wait?

You’re the victim. You can wait as long as you want within reason. Not three years but certainly you get a few months to put a final value on your losses.
by 8foot7
Tue Apr 24, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 9540

Re: Salary Negotiation gone sour

When they came back responding to your counter and didn’t move on base salary, that was absolutely a message: this is as good as it gets. You had two options there: * ask for the bonus number they gave you to be guaranteed for first year; or * politely decline. I tend to agree with the folks who sai...
by 8foot7
Mon Apr 23, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: How long does a will last? [Time to settle the estate]
Replies: 43
Views: 3545

Re: How long does a will last?

I believe in many jurisdictions since your girlfriend is direct beneficiary of some funds that you can file something with the court in order to be notified when things happen. I don't know what it's called. Talk to the clerk of court in the county in which the estate is being handled and state your...
by 8foot7
Tue Apr 17, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2446

Re: Corporate Leveling

Unless I had no other options I would not accept a pay cut. Titles are another thing; they come and go. There is no law that says your pay and your title have to match; that’s between you and your employer but a title change would be a poor justification for a pay cut. Generally pay cuts count as co...
by 8foot7
Sat Apr 14, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 84
Views: 5130

Re: How do I make sure IRS receives my manual tax return ?

Wow, there is an unusually high amount of misinformation in this thread. It might help the misinformed if you could tell us what this misinformation was. It’s already been corrected above. * IRS accepts certified mail postmark as proof of timely filing * there are no penalties for late filing if yo...
by 8foot7
Fri Apr 13, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 84
Views: 5130

Re: How do I make sure IRS receives my manual tax return ?

Wow, there is an unusually high amount of misinformation in this thread.
by 8foot7
Fri Apr 13, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 4702

Re: realtor wants to show house to buyer, no listing agent for me

I know the OP has already decided but for others who may access this in the future, there’s not much to lose by agreeing to the viewing but there is no reason to agree to any commission in advance. Be firm about that last point—“you can come see but we will discuss any commission at the time of a wr...
by 8foot7
Thu Apr 05, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6596

Re: Asking for a raise/promotion with another offer in hand

If I also found out you were seeking a job while still employed, I would have helped you clean out your desk. I would hope then that you aren’t part of the majority of employers that discriminate against candidates who aren’t currently employed when they seek a position on your team. Do you own a b...
by 8foot7
Wed Apr 04, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6596

Re: Asking for a raise/promotion with another offer in hand

Iliketoridemybike wrote: If I also found out you were seeking a job while still employed, I would have helped you clean out your desk.
I would hope then that you aren’t part of the majority of employers that discriminate against candidates who aren’t currently employed when they seek a position on your team.
by 8foot7
Mon Apr 02, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10696

Re: What age is the best to give a child control of an inheritance?

We updated our trust last year, one of the many changes we did was to increase our 4 children’s inheritance from 45 to 65 years old. My children ages are 35, 38, 39 and 42, I’m 63 wife is 61. I’m still working part time for the next few years to smoothly exit my company I sold last year. Some of th...
by 8foot7
Sun Apr 01, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Towel Warmers - worthwhile luxury or useless?
Replies: 39
Views: 3051

Re: Towel Warmers - worthwhile luxury or useless?

I have had them in hotels. At home, if I want a warm towel, I put one in the clothes dryer before I get in the shower. Our clothes dryer heats by natural gas, so cheaper than electricity. Also I can set it to dry for specific time period. I consider towel warmers useless. But then you’re running we...
by 8foot7
Sat Mar 31, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5254

Re: Should I loan my child money for college?

For those suggesting that I shouldn't 'borrow for/in retirement', I should point out that (1) best case scenario, she pays the money back, with interest, so it's really not the same as borrowing for retirement, and (2) worst case, if it doesn't get paid back, then although it would probably require...
by 8foot7
Sat Mar 31, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10696

Re: What age is the best to give a child control of an inheritance?

Think of the positive things your offspring could do with that money between 35 and 50. Pay off student loans. Buy a house. Perhaps even put a kid through college (a newborn had at 30 is college bound at 48). Allow one spouse to stay at home to avoid daycare expense. The positive options are numerou...
by 8foot7
Sat Mar 31, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Does agent get paid if property taken by eminent domain?
Replies: 13
Views: 1818

Re: Does agent get paid if property taken by eminent domain?

No way I would pay a realtor for the government taking your property, and yes, I’d fight that to the end.
by 8foot7
Mon Mar 26, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Employer reimbursement for travel???
Replies: 12
Views: 1401

Re: Employer reimbursement for travel???

Just to update. The flight she is getting a 1 yr flying credit for it. The hotel she may be able to get a refund provided a doctor's note which she's going tomorrow. Her work normally won't reimburse until after a trip for conference cost, so the conference is also giving her a 1 yr credit as well....
by 8foot7
Wed Mar 14, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9101

Re: Can I take an 85+% pay cut for fun?

Can you? Sure. Should you? Not until you cut your spending by at least a third.
by 8foot7
Thu Feb 22, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Auto insurance damage claim
Replies: 58
Views: 3006

Re: Auto insurance damage claim

Seems to me your issue is diminished value. You should have pursued money at the time of the haul damage to compensate you for your car being worth less down the line because of damage. This would be in addition to the 6700 to compensate for the repair cost. That toothpaste is probably out of the tu...
by 8foot7
Thu Feb 22, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5725

Re: Multiple Offer situation/should we pull our offer?

greg24 wrote:
Wed Feb 21, 2018 1:03 pm
I'd submit a new offer with a number $10k below the previous offer.
Can't imagine what the effective point of this would be.
by 8foot7
Wed Feb 21, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Advice please: overpaid by previous employer, encountering incompetence when attempting to repay
Replies: 8
Views: 1064

Re: Advice please: overpaid by previous employer, encountering incompetence when attempting to repay

I would ignore the whole thing if it were me. It's not your fault. I would say that it's not my responsibility to keep track of these things. I wouldn't have done anything from the beginning. You didn't ask for anything. You shouldn't have to spend any of your time on something you had nothing to d...
by 8foot7
Mon Feb 19, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Signed up for American Express - "Premium" car rental insurance
Replies: 46
Views: 3350

Re: Signed up for American Express - "Premium" car rental insurance

The loss of use stuff is easy to fight. You don't just pay whatever they ask without documentation -- just the same as you wouldn't just pay a person you ran into if they said the damage was $873. You'd want to see a written estimate. Tell them you'll pay when they document their loss. They won't. E...
by 8foot7
Mon Feb 19, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: I think we can swing this! ($1M retirement home)
Replies: 27
Views: 3422

Re: I think we can swing this! ($1M retirement home)

Verifying distance to target...one ping only.
Looks like you're there :)
by 8foot7
Sat Feb 10, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 9013

Re: Tenants want to break lease early and is pregnant

I don't understand these people saying that in most cases you can't use the security deposit to cover unpaid rent. In CA, NY, NC and the dozen other states I just looked up, that's one of the expressly permissible purposes of the landlord retaining the security deposit.
by 8foot7
Fri Feb 09, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 9013

Re: Tenants want to break lease early and is pregnant

I have two thoughts. One, if you are really trying to be in rental property as an ongoing part of your financial enterprise, I would use this as an opportunity to exercise your backbone. If you didn't get this tenant's wife pregnant, then I am unclear why it is on you to forgive rent that should be ...
by 8foot7
Thu Jan 18, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Gains 1 Day Short? Help?
Replies: 12
Views: 1298

Re: Capital Gains 1 Day Short? Help?

I made an investment and after 10 months made a withdraw, giving 60 days notice. The investment was made on Jan 1 but the wire came in a few days early. Now the fund does withdraws on the final fiscal day of the year which is December 31st (though it's a Sunday). So am I really going to have to pay...
by 8foot7
Sun Jan 07, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 5275

Re: Splitting Assets in Divorce

Not Law wrote:
Sat Jan 06, 2018 1:49 pm
Consider maintaining the home for the child, with each custodial parent moving in and out of the house for parenting time. Have an apartment on the side that either of you lives in when the other is at home with the child. Makes for a more stable childhood.
This is a disaster of an idea.
by 8foot7
Sat Dec 30, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Small Windfall
Replies: 11
Views: 1643

Re: Small Windfall

Duplicate post. Apologies
by 8foot7
Sat Dec 30, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Small Windfall
Replies: 11
Views: 1643

Re: Small Windfall

So I invested $25,000 into random crypto coins at the end of November and now it's rocketed to $100,000. I did read the boglehead managing a windfall and took out a years worth of living expenses ($25,000). That leaves a total of $75,000 which I'm not sure how to handle My financial situation is as...
by 8foot7
Thu Dec 07, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 5557

Re: I received a speeding ticket via mail from IA - should I pay it?

Changed my mind. An automated ticket halfway across the country? I'd throw it in the trash.
by 8foot7
Sun Dec 03, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 9153

Re: Want to sell my Bitcoin, but when?

If it were me I'd sell it all on January 1.
by 8foot7
Thu Nov 30, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: Scammed by Enterprise Car Rental
Replies: 35
Views: 4483

Re: Scammed by Enterprise Car Rental

Enterprise is the absolute worst at these types of pesky almost scammy things. Wait for a bill for scratches that were on the car beforehand. I rent from National and, while they are owned by the same company, find they have treated me well -- this over hundreds over rentals.
by 8foot7
Thu Nov 30, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: Advice on HOA financial analysis
Replies: 10
Views: 814

Re: Advice on HOA financial analysis

My experience is that it is generally an uphill battle fighting a developer-controlled HOA board. I tried for three years as the developer tried to use HOA money for infrastructure build out in the second phase of our neighborhood on multiple occasions. You can annoy them and be a hassle; that's you...
by 8foot7
Tue Nov 28, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Job interviewing - "do you have any other interviews or leads?"
Replies: 35
Views: 4598

Re: Job interviewing - "do you have any other interviews or leads?"

If they had three candidates, didn't like one, and the other withdrew, it is important to realize that it is no great accolade to be at the top of the list. The situation is this: someone, somewhere along the line, didn't like you--your skills, your experience, your interview style, something gave s...
by 8foot7
Mon Nov 27, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3796

Re: Let Go by MegaCorp - Lots of options

I have no idea why some folks would have you, at 2.1 million net of debt, give up that severance which appears to be basically one year's worth of salary paid to you to do nothing. Spend a year warming up your network, enjoying life, seeing what it is you may have a passion to do in the future.
by 8foot7
Mon Nov 27, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Dental bill four years after service
Replies: 33
Views: 4418

Re: Dental bill four years after service

Just e-mail them and let them know you are processing the bill and you will let them know of a resolution by November 2021. In all seriousness I would at most pay whatever your portion of the bill after insurance would have properly paid out would be. I also think you would be well within your right...
by 8foot7
Sun Nov 19, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 36
Views: 3178

Re: Collection agency calls intended for another person:

they will never stop calling you. Change your number or screen your calls.
by 8foot7
Thu Nov 16, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: RE sale: long close vs. bird-in-hand
Replies: 28
Views: 2227

Re: RE sale: long close vs. bird-in-hand

Just get a LOT of earnest money upfront and go with Option A unless you want to go back on market and get better offers. Have an attorney draw up something that says the earnest money is yours and can only be applied to previously agreed purchase price.
by 8foot7
Mon Nov 13, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 18457

Re: Flying first class, business, versus economy.

As a business owner I can set my own travel policy. I've decided that if it's important enough for me to go, it's generally important enough to be in first class domestically and business class internationally. This has two benefits: 1) if I have to go, then I arrive more refreshed and I am more pro...
by 8foot7
Wed Nov 08, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Business Laptop Suggestions Request
Replies: 36
Views: 3394

Re: Business Laptop Suggestions Request

I just bought a Lenovo P51. Should arrive tomorrow. It is heavier than I want, but was the only way to get 64GB of RAM in a single machine that I could reasonably take somewhere (I run many virtual machines). Current machine is a 2011-era ThinkPad X220 which I very much love and has held up well, al...
by 8foot7
Fri Oct 27, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4356

Re: Credit card companies forgiving debt after death?

As executor I was representing the estate, not the creditors. There is a process in place according to state law for filing claims. If they choose not to, that is not a case anyone stiffing them but themselves. As executor, your first responsibility is to follow the law. The responsibilities of the...
by 8foot7
Thu Oct 26, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4356

Re: Credit card companies forgiving debt after death?

I think that's probably true that you only publish in probate. What's the point otherwise?
by 8foot7
Thu Oct 26, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4356

Re: Credit card companies forgiving debt after death?

MIL just died, wife was executor. Close to $20,000 owed to Chase alone. Wife contacted them several times with death notices. Never filed a claim. Estate just closed, all timely filed claims (and a couple of non timely filed claims that came in at last minute) were paid. Chase SOL. I fail to see ho...
by 8foot7
Thu Oct 26, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4356

Re: Credit card companies forgiving debt after death?

MIL just died, wife was executor. Close to $20,000 owed to Chase alone. Wife contacted them several times with death notices. Never filed a claim. Estate just closed, all timely filed claims (and a couple of non timely filed claims that came in at last minute) were paid. Chase SOL. I fail to see how...