Search found 503 matches

by Gnirk
Fri May 27, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 138
Views: 19140

Re: I bought the wrong car - know it after 15 days

I understand having back issues with car seats. I can't ride/drive an Acura or a Ford any more, even though I drove an Acura Legend for several years 20 years ago. The seats just don't have the multiple adjustments that I need to keep away the back pain. The most comfortable, multi-adjusting seats (...
by Gnirk
Thu May 26, 2016 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 25113

Re: Costco AMEX Transition - Costco has no answers

It was stated in the paperwork received with the new CITI Visa cards.
by Gnirk
Thu May 26, 2016 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 25113

Re: Costco AMEX Transition - Costco has no answers

It was stated in the paperwork received with the new CITI Visa cards.
by Gnirk
Thu May 26, 2016 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: What the new FICO score means for you.......
Replies: 4
Views: 1526

Re: What the new FICO score means for you.......

FICO scores still mystify me. My FICO score is 803, with the annotation that it isn't higher because I don't have a history of installment payments! (my last mortgage payment was in 1995). I pay off my CC balances each month. But I'm not too worried, because I'm not planning on borrowing any money o...
by Gnirk
Thu May 26, 2016 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 25113

Re: Costco AMEX Transition - Costco has no answers

Our credit limit is the same as our Costco Amex card.
by Gnirk
Wed May 25, 2016 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Need what to do advice for elderly relative w/ memory loss.
Replies: 12
Views: 1091

Re: Need what to do advice for elderly relative w/ memory loss.

I'm so sorry you are in this situation....it's a tough one, especially when she doesn't realize she needs help. When a person with Alzheimer's refuses to be believe anything is wrong with them, it's a condition called Anosognosia. And makes it almost impossible to get them to a doctor or convince th...
by Gnirk
Tue May 24, 2016 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 115

Re: Pride in no inheritance to kids?

Inheritance? No inheritance? Help adult kids? Don't help adult kids? Wow, this is quite the discussion, with many different philosophies and experiences. I believe that financially helping an adult child who is responsible is not hindering their growth or ability to be responsible for themselves. Fi...
by Gnirk
Mon May 23, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 92
Views: 4246

Re: Painting House Interior - How easy to do it yourself?

Its easy. Buy the paint you want. Get rollers and a stick and brushes,tape. and cleaning solution. Take it one room at a time, Don''t rush :happy Turn on some music(headphones) Start with the borders first using a brush Then roll,using brush when necessary. Have Fun :happy And get a good, sturdy la...
by Gnirk
Mon May 23, 2016 12:40 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 400
Views: 70203

Re: "Vanguard converting mutual fund accounts to brokerage?

I just spoke with my Vanguard Flagship rep about the email I received about combining accounts. Currently, I have the dividends and capital gains from one Vanguard fund automatically reinvested into a different Vanguard fund. If I combine my accounts, that will no longer be possible. The dividends a...
by Gnirk
Sun May 22, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 115

Re: Pride in no inheritance to kids?

My daughters recently told me "Mom, the best gift you can give us is to have enough to cover your needs". They don't expect an inheritance, but I hope I can leave them one.
by Gnirk
Sun May 22, 2016 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Still double checking bank checkbook math?
Replies: 46
Views: 2338

Re: Still double checking bank checkbook math?

In my 50+ years of balancing my checkbook, I have found only ONE bank error, in my favor, and reported it to them. I have found many of my own! :oops:
by Gnirk
Fri May 20, 2016 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: MIL selling Her Sister's House; How to gift the proceeds
Replies: 9
Views: 786

Re: MIL selling Her Sister's House; How to gift the proceeds

Medicaid may cover her assisted living costs, providing she meets the criteria, both for her care needs and her income/ asset level. My understanding is that Medicaid has a 5-year look-back period in most states, so even if she gifted that $80,000, she most likely will have to pay $80,000 towards he...
by Gnirk
Wed May 18, 2016 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 115

Re: Giving while alive

Taylor Larimore wrote:When you have enough, why not start giving your heirs their inheritance while you are still alive?

Best wishes.
Taylor


:thumbsup My thoughts, too. My mother did this, and I am gifting to my adult single daughters now and then. The good thing is they don't expect it!
by Gnirk
Wed May 18, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is it common for a step mother to inherit everything?
Replies: 105
Views: 7679

Re: Is it common for a step mother to inherit everything?

I do understand a bit how the OP may feel; often when a child from the first marriage is left "out in the cold" inheritance-wise, it's easy to equate that with not being loved by the deceased parent. True, no one is entitled to an inheritance, but for an adult child to be left out complete...
by Gnirk
Mon May 16, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is it common for a step mother to inherit everything?
Replies: 105
Views: 7679

Re: Is it common for a step mother to inherit everything?

Not ALL step-parents are like that, although I've seen this happen too often, even to the point where the daughters didn't even get a personal item when their mother or father passed away. My DH and I have been married for 21 years. We each have adult children from a previous marriage. We leave our ...
by Gnirk
Wed May 11, 2016 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney issues
Replies: 11
Views: 1488

Re: Power of Attorney issues

I had a properly written Durable Power of Attorney which among other things, specifically addressed Banking, for my mother who had Alzheimer's, and Washington Mutual (now JP Morgan Chase) refused to honor it. I called our state's Attorney General's office, who contacted WAMU legal department, and su...
by Gnirk
Thu May 05, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: International Travel Insurance
Replies: 11
Views: 410

Re: International Travel Insurance

We use http://www.TripInsuranceStore.com (And we've had a big claim paid by the policy from TravelInsured paid without quarreling, and that's important.) Call them, and explain exactly what your concerns are. They'll also probably ask you some questions that will help them find the best policy for ...
by Gnirk
Fri Apr 29, 2016 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: If not Children - Who/What Leave Estate To?
Replies: 27
Views: 2800

Re: If not Children - Who/What Leave Estate To?

My Traditional IRA, our homes and cars (all owned jointly) go to my DH, the remainder of my estate (Vanguard taxable account, cash and CDs) is to be distributed equally to my two daughters, who have no children. DH has the same plan, with the remainder of his estate going to his son and daughter.
by Gnirk
Fri Apr 15, 2016 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Tax filing mistakes made by your CPA (or yourself)]
Replies: 69
Views: 4496

Re: How often does your CPA screw up your taxes?

Just once that we know of, on last year's return. Discovered this year he hadn't included interest on cashed I-bonds on 2014 return. His unsolicited advice: "let's wait to see if the IRS catches it". DH agreed, but I'm not happy about it.
by Gnirk
Mon Apr 11, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: An Update on my condition - dementia is not fun
Replies: 19
Views: 5032

Re: An Update on my condition - dementia is not fun

I, too, appreciate your update posts, and your willingness to share with us how you are affected by the progression, and as to what steps you have, and continue to take in your financial life.
by Gnirk
Sun Apr 10, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: An Update on my condition - dementia is not fun
Replies: 19
Views: 5032

Re: An Update on my condition - dementia is not fun

I'm very sorry to hear about your circumstances, and I hope the docs can give you a diagnosis soon. That will make it somewhat easier to find the appropriate treatment. I have no questions; it sounds like you are taking the appropriate steps regarding your personal safety and finances. I hope you ha...
by Gnirk
Sun Apr 03, 2016 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Question about taxes when terminating a trust
Replies: 14
Views: 512

Re: Question about taxes when terminating a trust

Back to OP’s question: The trust will file a 1041 and issue K-1s to the beneficiaries assuming there were distributions to the beneficiaries with which to carry out this income. My mom passed away in July 2015, and had a revocable living trust. My mom's CPA filed her personal return, plus a final 1...
by Gnirk
Sat Apr 02, 2016 4:05 am
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Housing: Listing agent underpricing
Replies: 58
Views: 4019

Re: SF Bay Area Housing: Listing agent underpricing

Although I'm not familiar with the SF market, here's what's happening in Seattle. My daughter, is trying to buy a 1-bedroom condo, usually 30-40 years old, of about 700-800 sf: Multiple cash offers, often $30,000 or more above the listing price. Multiple conventional loan offers often $50,000 over t...
by Gnirk
Thu Mar 31, 2016 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Housing: Listing agent underpricing
Replies: 58
Views: 4019

Re: SF Bay Area Housing: Listing agent underpricing

The same thing is happening in the Seattle market.
by Gnirk
Tue Mar 22, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard won't complete a transfer What do i do?
Replies: 27
Views: 4319

Re: Vanguard won't complete a transfer What do i do?

I understand your frustration. If I were you, I would ask to speak to a manager in their transition department. We had a similar experience, though not as lengthy as yours. I was shocked at how long it took Vanguard to transfer funds after my mom's death from her accounts to my brother's and my acco...
by Gnirk
Wed Mar 16, 2016 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Loan to Family Member - Any Tax Issues?
Replies: 13
Views: 1216

Re: Loan to Family Member - Any Tax Issues?

If the son and daughter each gift each parent $11,250, this should equal the 20% down payment for a $225,000 house. The gifts are under the gift tax exclusion amount, so there would be no gift tax return required, according to my understanding.
by Gnirk
Sun Mar 13, 2016 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: For Parents Who Have Given a Child Money For Home Down Payment
Replies: 158
Views: 11394

Re: For Parents Who Have Given a Child Money For Home Down Payment

My point is very simple. In most cases, in order for a family to buy a house, the family has to spend more than renting. And, in order to prepare for this, the family need to have savings in after tax account. This is also an indication that this family has extra cash flow to handle the increase in...
by Gnirk
Sun Mar 13, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: For Parents Who Have Given a Child Money For Home Down Payment
Replies: 158
Views: 11394

Re: For Parents Who Have Given a Child Money For Home Down Payment

I think it's a very generous gift, and one which your son and his family will appreciate. I recently disclaimed a portion of my inheritance from my mom (who told me that she wanted to keep her will simple, so if I wanted to share my inheritance, that was up to me), to each of my daughters. This allo...
by Gnirk
Fri Mar 11, 2016 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance diverted to me in order to support mother
Replies: 25
Views: 3249

Re: Inheritance diverted to me in order to support mother

ResearchMed wrote:Speak with an attorney about a special needs trust, or some other trust that would specifically minimize the impact on your mother's current assistance.

Good luck.

RM


+1
by Gnirk
Wed Mar 09, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Mom needs long term care - assets into trust?
Replies: 22
Views: 2268

Re: Mom needs long term care - assets into trust?

delamer wrote:It is not as if people are being scammed out of their savings under the Medicaid rules. They are being asked to provide for their own care, to the best of their ability, before the taxpayers have to take on that burden. That's fair.

+1
by Gnirk
Tue Feb 16, 2016 3:53 am
Forum: Personal Finance (Not Investing)
Topic: How to save money and keep the house clean?
Replies: 48
Views: 5680

Re: How to save money and keep the house clean?

Our house is a little larger than the OP's, a two- story. We have a little less than half acre yard with 8,000 sf of grass and many flower beds. And a very fussy HOA. I'm 71, DH is 77. We can no longer do all the work ourselves, and he won't even think of moving! My spring mantra is " I want a ...
by Gnirk
Tue Feb 09, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Accelerating financial independence by living with father-in-law?
Replies: 26
Views: 2795

Re: Accelerating financial independence by living with father-in-law?

My parents gave me this advice when I was just married: "Never live with relatives or friends unless you have no choice. " A year later, as my husband and I were house-shopping and expecting our first child, my in-laws offered to let us live in the lower level of their beautiful home. We p...
by Gnirk
Wed Jan 27, 2016 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct is a waste of time
Replies: 57
Views: 6328

Re: Treasury Direct is a waste of time

I have to agree. I find it very cumbersome and not at all user-friendly. I inherited 36 paper EE and I bonds that had no POD on them. After completing all the proper paperwork and mailing in the bonds, they are finally in a conversion account after three months. Now I have to transfer them into my r...
by Gnirk
Wed Jan 27, 2016 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance and portfolio
Replies: 7
Views: 849

Re: Inheritance and portfolio

Thank you, Livesoft and Mike! I really appreciate your help. This will help me get to the more simple portfolio that I need.
by Gnirk
Tue Jan 26, 2016 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I leave Ameriprise?
Replies: 28
Views: 2031

Re: Should I leave Ameriprise?

Yes, the faster the better.
by Gnirk
Tue Jan 26, 2016 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance and portfolio
Replies: 7
Views: 849

Re: Inheritance and portfolio

Mike- Thank you for your reply; I appreciate your insight. I'll try the Morningstar instant X-ray. BTW, several months ago, I spoke to my Vanguard Flagship representative and asked him to review all my holdings. At the time I held the inflation protected bond fund in my IRA, and he advised me to exc...
by Gnirk
Tue Jan 26, 2016 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance and portfolio
Replies: 7
Views: 849

Inheritance and portfolio

AGE: 71 MARRIED SS: $1500 per month Pension: $1200 per month I am not drawing anything from the investments other than my RMD and muni bond interest. Desired asset allocation: 35/60/5 (stocks, bonds, cash) My mom passed away in July, and I inherited a portion of her investments (which have lost quit...
by Gnirk
Tue Jan 19, 2016 1:14 am
Forum: Personal Finance (Not Investing)
Topic: Help with Inherited Savings Bonds
Replies: 9
Views: 761

Re: Help with Inherited Savings Bonds

I just went through this when my mom passed away, leaving about $100,000 (current value) of EE savings bonds with no POD on the bonds. Fortunately, I was able to divide them equally by both face value and issue date between my sibling and me. I transferred them into our respective Treasury Direct ac...
by Gnirk
Sat Jan 16, 2016 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance question as sole beneficiary
Replies: 32
Views: 2498

Re: Inheritance question as sole beneficiary

My mother's will was written so that if I passed before my mother, my share would go to my children per stripes. She did not leave anything to them directly, but told my brother and I if we wanted to share our inheritance with our children, it was up to us. I was able to disclaim an amount that I wi...
by Gnirk
Wed Jan 13, 2016 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Help - want to pay "cash" for a car
Replies: 68
Views: 4040

Re: Help - want to pay "cash" for a car

we always pay cash for our cars, and pay with a personal check.
by Gnirk
Tue Jan 12, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dementia/Alzheimer's (spouse)
Replies: 36
Views: 4096

Re: Dementia/Alzheimer's (spouse)

Just a few thoughts, having spent 12 years in the Alzheimer's world with my mom: I agree with placing a limit on the spouse's credit card, as well as setting up text/email alerts when the credit card is used. I actually have our alerts set at $10.00 and neither of us have cognitive issues yet, but h...
by Gnirk
Fri Jan 08, 2016 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Can I take total RMD from inherited tIRA?
Replies: 5
Views: 638

Re: Can I take total RMD from inherited tIRA?

Thank You. I think I'll call Vanguard to see if I can move it from Chase to Vanguard, so I can eliminate the $20/year fee charged by Chase.
by Gnirk
Fri Jan 08, 2016 2:03 am
Forum: Investing - Help with Personal Investments
Topic: Can I take total RMD from inherited tIRA?
Replies: 5
Views: 638

Can I take total RMD from inherited tIRA?

I inherited a small tIRA (<$10,000) held at Chase and I have a fairly small Vanguard tIRA of my own. Both require an RMD. The total RMD for both is around $6,000. Can I take that total RMD just from the inherited tIRA?
by Gnirk
Thu Jan 07, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: How would a boglehead spend the lotto?
Replies: 36
Views: 1594

Re: How would a boglehead spend the lotto?

If I won the "big one": I would immediately change my phone number and switch to a PO Box address. then I would consult a good Estate/Tax attorney. If legal, I would set up a Limited Partnership that would include those I want to help, have the funds paid to the partnership, and disburse t...
by Gnirk
Sat Jan 02, 2016 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: What to do for elderly parent, if they reject help?
Replies: 54
Views: 4471

Re: What to do for elderly parent, if they reject help?

First of all, I am sorry you are facing this with your mom. If you are noticing this from a distance, she is probably more compromised than you know. I would suggest spending a week with her so you can truly understand how compromised she is. First of all, she may or may not legally be able to sign ...
by Gnirk
Sun Dec 06, 2015 11:08 pm
Forum: Personal Consumer Issues
Topic: Holiday tipping: letter carriers
Replies: 120
Views: 8841

Re: Holiday tipping: letter carriers

Our mail carrier gives us superb service (we travel, and place our mail on hold several times a year, coupled with forwarding during other times). I didn't know they weren't supposed to accept gifts. I've always given him a check for $25 in a card every year. He has never solicited a "gift"...
by Gnirk
Sat Nov 28, 2015 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fed job - not selected
Replies: 31
Views: 3612

Re: Fed job - not selected

Thanks for the insights. They do make a lot of sense. I was found qualified and referred to the selecting official, so I passed the first hurdle. I was not clear on what happens after that, but now I understand that at point it becomes completely a decision on that official and they can use whateve...
by Gnirk
Wed Nov 25, 2015 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly in-laws moving in: what to consider?
Replies: 66
Views: 9714

Re: in-laws moving in

I lost my mom to Alzheimer's this summer, after 12 long years with the disease. I would think long and hard before agreeing to move your in-laws into your home, and accepting responsibility for their care. The addition to the house is the least of your worries. As your MIL's dementia progresses, she...
by Gnirk
Sat Nov 14, 2015 12:55 am
Forum: Personal Consumer Issues
Topic: Costco Travel....anyone used them?
Replies: 18
Views: 2597

Re: Costco Travel....anyone used them?

We used them for an Alaska cruise, and for a Viking River Cruise this past September. Very good to work with, and their prices were better than booking direct with the cruise lines. ( We have an Executive Membership.) We also use them for our car rentals when we travel.
by Gnirk
Mon Nov 02, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: HOW do you spend your money? (Cash, Debit, Check, Credit?)
Replies: 34
Views: 2357

Re: HOW do you spend your money? (Cash, Debit, Check, Credit?)

I never use my credit union debit card. Once in awhile I use it as an ATM card. We use checks for property taxes and some miscellaneous expenses (gardener, charitable contributions, etc) Credit cards for cable, internet, groceries, personal items, gasoline, restaurants, car and homeowner's insurance...

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