Search found 58 matches

by Lexi
Sat Aug 12, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 1797

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

You will meet the safe harbor if the extra income comes in December and you check to see that you meet the safe harbor requirements by the deadline for the fourth quarter estimated tax payment. Having to fill out a form to show the income and payments by quarter is part of that, which is the simples...
by Lexi
Sat Aug 12, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 45
Views: 4367

Re: What home task(s) are worth learning to do yourself?

Think about what tasks legally require permits and / or may risk liability if something goes wrong. Avoid doing those.

Beyond that it is largely a matter of what are you capable of and what do you want to do.
by Lexi
Sat Aug 12, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 1797

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

The simplest way is to make sure you meet the safe harbor for 2018. If you check before the end of the year you can adjust as needed.
by Lexi
Fri Jul 14, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 4970

Re: When to max out 401k (Aspiring Early Retiree)

Thinking about saving for retirement and other goals in your 20s is great, but you are just starting out as a real adult. You have marriage, children probably, your own home, and whatever else would make a fulfilling adult life ahead of you. If your top goal now is to retire at 50 I think you should...
by Lexi
Mon Jul 10, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - increase in compensation but also much longer commute
Replies: 25
Views: 1955

Re: Job opportunity - increase in compensation but also much longer commute

In deciding what job to take the potential for job growth and salary are much more important than the commute. You can decide after a while whether to move closer, seek more flexibility, or find another job while searching with additional skills and a higher salary.
by Lexi
Sun Jul 02, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Childless couple - want siblings to inherit after we both go
Replies: 36
Views: 3510

Re: Childless couple - want siblings to inherit after we both go

I think you do have to have trusts although they could be created in the will when the first of you dies. Counting on the survivor to write a new will or retitle assets after the first death is risky. What if the survivor is declining mentally and/ or physically? What if the deaths are close togethe...
by Lexi
Sat Jul 01, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 13300

Re: Bogleheads: you should be buying 10-year old cars

Bogleheads should be buying any car that they can afford and that meets their transportation requirements.
by Lexi
Thu Jun 29, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Where to View Total Eclipse? - Kansas City / Nashville et al
Replies: 98
Views: 6087

Re: Where to View Total Eclipse? - Kansas City

Go to an area with lots of birds and wildlife. Their reaction is by far the most interesting part of watching the eclipse.
by Lexi
Tue Jun 20, 2017 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

We do each over-generalize from our own experience but one experience of dealing with a small estate and no will is what makes most of my relatives eventually write a will even when the design seems simple and straightforward.
by Lexi
Tue Jun 20, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

Just about all of my relatives would rather do almost anything than meet with a lawyer, but most do write a will at some point. Of those who died without a will the reasons are usually one or more of the following: 1. They don't want to think about dying. 2. They don't think they have enough assets ...
by Lexi
Tue Jun 20, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

The OP said in the middle of this thread that there was no will.
by Lexi
Tue Jun 20, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

[quote="ChrisCThe keepers just want to keep, which they are legally entitled to do so -- it's how Mom, intentionally or unintentionally, played her hand for her children. They are getting exactly what was designed for them -- it's really the sellers in wanting to sell who are upsetting the desi...
by Lexi
Sun Jun 18, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

Letter signed by the three willing sellers stating 1.) Majority owners desire to sell 2.) Understand sentimental value but there are other concerns 3.) Remaining owners have 60 days to make an offer to majority or property goes on the market 4.) Proceeds to be split evenly assuming that everyone is...
by Lexi
Sun Jun 18, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

General question to the knowledgeable posters who have commented: What (besides deep sympathy to OP) is the take-away from this for others? Can you write something in your Will stating that the heirs have a certain period of time (six months, 11 months, whatever) to sell the real property, whether ...
by Lexi
Sat Jun 17, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Family Death in PA
Replies: 19
Views: 1728

Re: Family Death in MD

Is the document actually a will? ...or is it a Power of Attorney? If it names a PoA but does not specify distribution of assets it sounds more like the latter, which would no longer have effect after death. Contact the lawyer named in the document,
by Lexi
Sat Jun 17, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 18190

Re: Siblings in disagreement over mom's house.

Sometimes you just have to accept that siblings are not likely to have good relationships in the future. Make a good offer to sell your share to the keepers or buy the keepers out and then sell. If they don't agree then go to court and force the sale. Giving relatives time to adjust is important but...
by Lexi
Thu Jun 15, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 5483

Re: Curious to odd estate question

My DAF requires specification of what to do with remaining funds when you die. You can specify a charity or a successor agent. If you do neither it goes to the overarching charitable gift fund.
by Lexi
Sat May 06, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 35
Views: 2456

Re: Switching Auto Insurance, need advice on Roadside assistant

AAA was completely unreliable when I needed them even though I had the premium plan (maybe because they did not want to tow more than a few miles). I would never pay them a dime and would look for competitors in your area.
by Lexi
Tue Apr 25, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring DAF funds from VG to Fidelity
Replies: 9
Views: 606

Re: Transferring DAF funds from VG to Fidelity

You have to ask VG. They can transfer to another DAF but they are not legally required to follow your advice.
by Lexi
Sun Apr 23, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 9008

Re: Helping adult children

I believe that equals should be treated equally unless there are true special needs or major differences in personal character. You cannot know how the future will develop. "Beyond the Grave" gives many examples to support this view. Giving generous gifts to grandchildren, including fundin...
by Lexi
Tue Apr 11, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9441

Re: Extreme Frugality vs Living Life - Where do you draw the line?

My experience -- Being cheap vs. being frugal is the difference between deciding by price vs. deciding by value. For example, a cheap person may have a price limit on what he will spend for x while a frugal person decides based on value to him. I first decide if I like something, then look at the pr...
by Lexi
Thu Apr 06, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Misguided by Pension Department- ?Legal Need?
Replies: 32
Views: 3208

Re: Misguided by Pension Department- ?Legal Need?

If he was still working and had a 401k with his employer, he would not have to take withdrawals even after age 70.5.
by Lexi
Wed Apr 05, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1574

Re: When to enroll in Medicare?

If you do not enroll during your initial enrollment period you pay a penalty after you do enroll that lasts as long as you are on Medicare EXCEPT if you are covered continuously by qualifying insurance from your or your spouse's current employment. When that ceases you have a special enrollment peri...
by Lexi
Wed Apr 05, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1574

Re: When to enroll in Medicare?

Check the rules on timing carefully. I think Guy A has to be on Spouse's insurance before he becomes eligible for Medicare. Then he should be able to ride it as long as spouse has qualifying employee insurance covering both. Retiree insurance or COBRA does not avoid the penalty.
by Lexi
Mon Apr 03, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Verbal abuser at work
Replies: 37
Views: 3053

Re: Verbal abuser at work

Unless you have evidence that the dotted line manager has engaged in illegal actions that could lead to a costly lawsuit against the company, do not expect HR to solve problems or help you. There may be a reason that this senior manager is dotted line, e.g. the company knows he is lousy at dealing w...
by Lexi
Sun Apr 02, 2017 8:11 pm
Forum: Personal Consumer Issues
Topic: Tour du Mont Blanc Sept. 2017
Replies: 15
Views: 1610

Re: Tour du Mont Blanc Sept. 2017

The morning we woke up in a high hut in France in early August it was snowing! We hiked down to a col and the snow turned to rain, then up to the next pass where it was snow again, then down into a valley in Italy in radiant sunshine to Courmayeur. A long and glorious day! You definitely need to pac...
by Lexi
Sun Feb 26, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: critique Italian itinerary
Replies: 34
Views: 2747

Re: critique Italian itinerary

A caveat -- it has been a while, but if you fly home from Milan, check the timing carefully. Public transportation from the center city to the airport does not run all night, the ride to the airport takes time, and you need to get there way before the flight departure time. The airport can be very c...
by Lexi
Fri Feb 24, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security reps keep disputing advice given in this forum
Replies: 26
Views: 5071

Re: Social Security reps keep disputing advice given in this forum

Even under the old rules I believe only one spouse can file for spousal benefit only for a period and his or her own benefit for another period. The other spouse can only file for his or her own benefit.
by Lexi
Thu Feb 16, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 7762

Re: Why own individual stocks?

In taxable accounts holding individual stocks can give you greater room to control the year capital gains and losses are realized while considering other income tax factors.
by Lexi
Thu Oct 13, 2016 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Someone else's check got cleared from my Checking Account
Replies: 65
Views: 6219

Re: Someone else's check got cleared from my Checking Account

We have had a joint checking account for decades. As long as both use one checkbook and enter all transactions in the register there is no problem. I also balance the checking account monthly. Even though the OP is quite careless about the account, he did find the error so why is this even a problem?
by Lexi
Tue Sep 27, 2016 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: (Another) Inheritance Question
Replies: 10
Views: 1366

Re: (Another) Inheritance Question

A few states have an inheritance tax which is on the recipient and may vary according to the relationship. Check for the relevant state.
by Lexi
Tue Sep 06, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Convincing spouse to sell losing investment
Replies: 58
Views: 5146

Re: Convincing spouse to sell losing investment

Did your spouse initiate the idea that these funds should go toward a house? If it was your initial idea, then you should back off. All you are doing is looking like you are trying to convert her separate assets (yes, they are separate assets) into marital assets. If s/he has any fear that you will ...
by Lexi
Sat Sep 03, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: charitable contribution of appreciated funds: please check my math
Replies: 15
Views: 763

Re: charitable contribution of appreciated funds: please check my math

If you are in a high tax bracket, you should also consider the phaseout of deductions. State tax treatment will vary by state.
by Lexi
Fri Sep 02, 2016 7:21 am
Forum: Investing - Theory, News & General
Topic: [Article: "Can Pennsylvania confiscate your IRA?"]
Replies: 23
Views: 3490

Re: Pennsylvania will liquidate abandoned retirement accounts after 3 years of inactivity

The action items are good standard practice: 1. Don't leave multiple little accounts. Consolidate into one IRA when you leave a job. 2. Make sure that company has your current address and/ or check your online account. Rebalance once a year. 3. Check the unclaimed property listings for any state you...
by Lexi
Tue Aug 23, 2016 9:03 am
Forum: Personal Consumer Issues
Topic: Homeowners insurance recommendations - MA
Replies: 30
Views: 2573

Re: Homeowners insurance recommendations - MA

Also use Amica in MA for home/auto/umbrella. Very happy with their customer service, and they have handled our few claims nicely. I haven't price shopped it though. Not sure how good a deal it is, just happy with the service so haven't bothered. If price comparing Amica, be aware that some(all?) of...
by Lexi
Tue Aug 23, 2016 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate agents who operate on an hourly rate
Replies: 73
Views: 7022

Re: Real Estate agents who operate on an hourly rate

If you think about the incentives an hourly rate would create, this looks like a bad idea. Real estate agents should help make the sale go quickly and efficiently but an hourly rate would reward the opposite. For the buyer's agent I see no benefit in even showing your house. Perhaps you could come u...
by Lexi
Sat Jul 16, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Appropriate tip amount for river rafting guides?
Replies: 50
Views: 4609

Re: Appropriate tip amount for river rafting guides?

I have not done multi-day river rafting trips but have done many guided hiking trips. Because other hikers have stated widely varying tip recommendations, I usually ask the company reps when I make the reservation or the guides themselves what is standard for tips. After saying it is voluntary they ...
by Lexi
Wed Jul 06, 2016 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance - removing comprehensive and collision
Replies: 19
Views: 1892

Re: Car insurance - removing comprehensive and collision

Is "Limited collision" an option for you. It is worth checking out.
by Lexi
Sat Jun 25, 2016 10:14 am
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5905

Re: Dog attacked by another dog

I was bitten by a dog once while jogging close to home. If a person goes to an ER for this, a report is standard. It goes to an Animal Control Officer and does not use police resources better spent elsewhere. I think it is important to file a report because cumulative reports are much more important...
by Lexi
Wed Jun 22, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I express my inheritence thoughts to my father?
Replies: 78
Views: 6942

Re: Should I express my inheritence thoughts to my father?

My perspective: For anyone who might reasonably hope for an inheritance from me, I probably have the biggest pot of $ of any potential source. I assume they have all figured this out. I am old enough that they probably think about it but young enough to reserve my right to change things and to have ...
by Lexi
Tue Jun 14, 2016 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 85
Views: 8291

Re: Why should FEHB members buy Medicare Part B?

If you can anticipate divorce, that is the solution. The main point is that unforeseen changes may occur.
by Lexi
Mon Jun 13, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 85
Views: 8291

Re: Why should FEHB members buy Medicare Part B?

What is the chance you will get divorced? If you do, the non-federal employee spouse will pay a penalty for life. The OP may think this can't happen, but I know someone in this situation now. Just another thing to consider.
by Lexi
Tue May 24, 2016 11:03 am
Forum: Personal Consumer Issues
Topic: WW2 Books & Education
Replies: 91
Views: 4556

Re: WW2 Books & Education

For a personal slice well written by a professional historian I really liked "Wings of Morning" by Childers. It has a lot of information about what the air war was like for the crews.
by Lexi
Sat May 21, 2016 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Same or different Executors for Spouses?
Replies: 13
Views: 994

Re: Same or different Executors for Spouses?

If you die in a common accident the two would need to function ~like co-executors. If you think they could work together it should be OK. Otherwise, you can name one to take precedence in such a case.
by Lexi
Sat May 14, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Advice to Newlyweds w/ Differing Views on Personal Finance
Replies: 22
Views: 2502

Re: Advice to Newlyweds w/ Differing Views on Personal Finance

Even though one of a couple will usually take the lead role on finances, I think it is imperative to keep the other partner well-informed and consulted on major decisions. She may not care now but not doing that will eventually be a source of friction.
by Lexi
Sat May 07, 2016 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Primary Residence Capital Gain over 500K Strategy question
Replies: 17
Views: 2348

Re: Primary Residence Capital Gain over 500K Strategy question

To claim a cost as an addition to the cost basis the improvement must still be present when you sell the house. You can include the last new kitchen or new furnace, for example, but you cannot include a previous new kitchen or furnace that has been torn out.
by Lexi
Fri Apr 29, 2016 7:07 pm
Forum: Personal Consumer Issues
Topic: Suggestions for things to do / places to stay near Newport, RI
Replies: 8
Views: 702

Re: Suggestions for things to do / places to stay near Newport, RI

To get back to Newport-- June is a great time to go there. The best options are wildlife sanctuaries ( Sachuest Point, Norman), state parks (Beavertail), Ocean Drive, one mansion ( start with the Breakers), walking great beaches (take your pick), eating great fresh seafood. Boat rides of various typ...
by Lexi
Mon Apr 25, 2016 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Car wreck with ambulance bill. Is it wise to use auto insurance for medical payments?
Replies: 17
Views: 1916

Re: Car wreck with ambulance bill. Is it wise to use auto insurance for medical payments?

Dave81-- The medical insurance company does not have to seek to have the auto insurance company pay, but as you said, why wouldn't they? The hospital has an incentive as well because they probably have an agreement with the medical insurance co to accept a discounted rate, but with the auto insuranc...
by Lexi
Mon Apr 25, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Car wreck with ambulance bill. Is it wise to use auto insurance for medical payments?
Replies: 17
Views: 1916

Re: Car wreck with ambulance bill. Is it wise to use auto insurance for medical payments?

Insurance companies and medical providers will usually seek to identify who has primary responsibility for covering a bill. If the auto insurance is responsible, they will eventually get the bill and you are not likely to be able to choose your option of who covers it.
by Lexi
Thu Mar 31, 2016 9:11 pm
Forum: Personal Consumer Issues
Topic: Recommendations for visit to Austin, TX
Replies: 14
Views: 1147

Re: Recommendations for visit to Austin, TX

See the bats at the bridge at dusk.