Search found 35 matches

by MrsBDG
Fri Aug 18, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: question regarding life insurance purchase: online vs. real-life agent
Replies: 8
Views: 399

Re: question regarding life insurance purchase: online vs. real-life agent

The check should be payable to the insurance company, but is usually mailed to the agent so they can ensure it goes to the right department and is applied properly. This is pretty normal in my experience. You may also be able to ask to pay the initial premium via bank draft or credit card. I would n...
by MrsBDG
Mon Jul 24, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 14
Views: 1774

Re: Buying Life Insurance

There are no fees associated with Term4Sale for the client, agents pay to advertise there.
Agent's are paid a commission by the company.
by MrsBDG
Mon Jul 24, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Currency Account [US resident wants bank account in Canada]
Replies: 8
Views: 615

Re: Foreign Currency Account [US resident wants bank account in Canada]

In my experience, Canadian banks require a Canadian address to open the account, check on that.
by MrsBDG
Mon Jul 24, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in an AirBNB unit? ROI?
Replies: 32
Views: 3025

Re: Investing in an AirBNB unit? ROI?

what are the costs related to the extra liability and home insurance? What does the effective tax rate turn out to be on this income? Did you need to pass any local housing inspections and if so what changes were required to meet the codes? My place was insured at USAA, they don't allow STR so I ch...
by MrsBDG
Sun Jul 23, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in an AirBNB unit? ROI?
Replies: 32
Views: 3025

Re: Investing in an AirBNB unit? ROI?

We have a second home which we put on VRBO in order to cover the costs of having the place, but it turned out to be much busier than expected that first season. I'd say we netted about 7-8% on our basis plus covered all the costs. I do all the bookings and accounting and have an onsite manager to wh...
by MrsBDG
Sun Jul 23, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Benefit Interest?
Replies: 4
Views: 459

Re: Life Insurance Benefit Interest?

I agree with the above, 3.5% is very good and most well-reputed insurance companies are conservative and considered safe. If I were in your situation, I would feel comfortable leaving the money with the company, depending on the company, until I was ready to move it to something else or until intere...
by MrsBDG
Thu Jul 13, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 14
Views: 1774

Re: Buying Life Insurance

Ohio National is a great smaller, old-fashioned (in a nice way) company. They have two term options that are often similar in price, FlexTerm and FlexTermPlus. FlexTermPlus gives you a much better conversion option should you ever need to convert, without evidence of insurability, all or a portion o...
by MrsBDG
Tue Jul 11, 2017 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 14
Views: 1774

Re: Buying Life Insurance

Term4Sale has agents/brokers assigned by Zip code, you can pull up your home or work zip code and see what response you get. You should hear from three agents. See with which one you feel comfortable. I don't know many of the other agents, but I have been affiliated, as agency, for over 20 years and...
by MrsBDG
Tue Jul 11, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 54
Views: 5618

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

We have so many passwords required with so many different rules and often are required to update them, I have a business basic, a personal basic, and a shopping basic. In a saved email I list each website and the changes to the basic password, once a year I print them out and then hand write the bas...
by MrsBDG
Tue Jun 27, 2017 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1493

Re: Need your help to pick life insurance carrier :)

Don't worry a bit about the agent being out of state, in the last twenty years it has become common for agents to be licensed in multiple states, from your larger websites with nationwide coverage to a smaller brokerage which is licensed in surrounding states or states to which they have a tie. You ...
by MrsBDG
Sat Jun 17, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 29
Views: 2222

Re: USAA opinions. Worth it?

The retired military officer in the family is now dead, they told us then that the subscriber savings is ONLY for him, none of us who qualified as dependents will have one. Interesting about the tiers, that makes sense, when they began taking enlisted people a few years ago, I encouraged my parents ...
by MrsBDG
Sat Jun 17, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid Capital Gain Tax
Replies: 4
Views: 1022

Re: How to avoid Capital Gain Tax

Just off the top of my head, can they sell the two rentals, 1031 into a new rental in the desired location and later convert that rental to their retirement home?
by MrsBDG
Thu Jun 15, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Genetic testing and insurance
Replies: 18
Views: 1815

Re: Genetic testing and insurance

@IMO The life insurance companies have contracts with the lab companies, based on volume they pay much less than you or your insurance company would plus they do tests your physician would not-cocaine in urine? Tobacco end products in blood? Alcohol screening, certain liver enzymes are not generally...
by MrsBDG
Thu Jun 15, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary designations for trust
Replies: 15
Views: 1095

Re: Beneficiary designations for trust

It seems like each company, be that life insurance, bank, title companies, etc., has their own form to be completed, they want everyone's trust details on some sort of memorandum of trust so that when they look for a term, like trustee or date or anything, they always look in the same place for it a...
by MrsBDG
Sat Jun 10, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 50
Views: 4910

Re: How does a mere mortal navigate healthcare/insurance issues

I had a surgery where the physician assisting was out of network, I called the company several times and they said they would look into it, but I had to write a letter to the insurance company. I believe, based on my having everything I could pre-approved and all in network, they paid the assisting ...
by MrsBDG
Wed Jun 07, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Wedding Ring repair
Replies: 5
Views: 599

Re: Wedding Ring repair

There is a wide difference in prices in jewelry. We recently had a death in the family and trying to sell her jewelry was not fun. If you have an item appraised for, say $10k, you ought to be able to buy it for $5k and the most anyone will give you for it is $2500, in ballpark numbers. There are &qu...
by MrsBDG
Mon Jun 05, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can anyone help re: calculating income for ACA eligibility?
Replies: 23
Views: 1228

Re: Can anyone help re: calculating income for ACA eligibility?

You can also consider timing your income, if there are no investments in your business that would allow you to go to the right number, can you either skew expenses or income into or out of one of the years so that you at least qualify for subsidies in alternate years? Definitely use the HSA contribu...
by MrsBDG
Mon Jun 05, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Help with Life Insurance Decision
Replies: 5
Views: 625

Re: Help with Life Insurance Decision

Many of the term options you mentioned do offer a living benefit of accelerated death benefit if you are terminally ill and some term plans offer a chronic or critical illness rider. Transamerica LB is the most generous on that. Some term plans offer a waiver of premium, if that is an important opti...
by MrsBDG
Wed May 31, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pensioner Envy!
Replies: 21
Views: 5778

Re: Pensioner Envy!

I hope your Dad has a life policy guaranteed to age 100, not a term he could outlive, unless there are other plans for mom. I know BH people are not very interested in CV life insurance, but there are a tremendous number of GULs that don't build CV, they function similarly to a term to age 100-120.
by MrsBDG
Wed May 24, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2775

Re: Division of Assets A/B trust: am I entitled to see POD proof?

It sounds to me like the couple set up everything to be split between the kids and Dad is now taking advantage of the personal accounts not being in the trust to block those assets from one or both kids. One the one hand, that could be reasonable, he could live another 7 years and need that money fo...
by MrsBDG
Wed May 24, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Ohio National for disability insurance?
Replies: 12
Views: 794

Re: Ohio National for disability insurance?

Agent A might not be contracted with Ohio National. I know that Ohio National Life is not a company that is offered by the big offices, like Crump; rather Ohio is a smaller more old fashioned company, it's nice, like dealing with other companies in the 1980s, just a more old fashioned feel. You have...
by MrsBDG
Wed May 24, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Convert EE Savings Bonds at Treasury Direct?
Replies: 8
Views: 1192

Re: Convert EE Savings Bonds at Treasury Direct?

I converted my parents paper bonds to Treasury Direct, it is both 'fine' and a pain. The website is just clunky like you might expect from the lowest government bidder, the communication is annoying, but it also works just fine. Bonds mature, I get an email, I transfer the proceeds to her bank. Dad ...
by MrsBDG
Thu May 18, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: ssi and special needs fund
Replies: 11
Views: 907

Re: ssi and special needs fund

How would you determine which a person is on? My sister has an in law they are trying to help, pretty sure they were on SSI, but now that they are over 65, what could my sister look at or ask about to determine if the person is no longer means tested? She's not sure that simply asking the question w...
by MrsBDG
Wed May 17, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance in older age?
Replies: 12
Views: 1899

Re: Term life insurance in older age?

You can buy insurance all the way to age 85-90 if you choose to afford it, and term insurance is generally available to purchase through age 79. Just keep in mind, the older you are at the beginning of the policy and/or the longer the term chosen, the higher the premium. It's not going to be cheap, ...
by MrsBDG
Wed May 17, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Convertible Life Insurance
Replies: 11
Views: 847

Re: Convertible Life Insurance

Most of the term policies today are convertible, one thing to keep in mind is that the value of the conversion is which policies you may use to convert. Many companies seem to offer you the option to convert to any of their UL/WL for the first 5 years and then limit the options much more after that ...
by MrsBDG
Tue May 16, 2017 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Any experience with VRBO? [Vacation Rentals By Owner]
Replies: 19
Views: 3888

Re: Any experience with VRBO? [Vacation Rentals By Owner]

Homeaway/VRBO now offers a $1MM liability as they continue to copy ABB. I am a relatively new host & VRBO has been making constant changes for the last 15-18 months since Expedia bought them, many owners are quite unhappy. Some owners paid over $2k per listing for promoted position in the search...
by MrsBDG
Tue May 16, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: recent widow needs help with life insurance payout options
Replies: 44
Views: 3412

Re: recent widow needs help with life insurance payout options

Sorry for your loss. I wanted to chime in to say that the 3% account can be a great option if you feel good about the company and they are well-rated. The only time I would not take option 2 whilst considering long term choices is if I wanted to explore #3. Oft times a company is offering a better I...
by MrsBDG
Sun May 07, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)
Replies: 50
Views: 3537

Re: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)

Regarding fees, the Universities of California have no tuition at all, but tons of fees For her weekday apartment, I wonder if she could become a dorm RA in anyway such that she got free room and board, they probably want full time people, but there could be an unusual opportunity, seems like a pers...
by MrsBDG
Wed Apr 26, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)
Replies: 9
Views: 1160

Re: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)

I had a somewhat similar situation, Dad died, Mom continues. I am the trustee of the trust. I went through the conversion to electronic bonds and simultaneously put them into the trust. It was PITA, but not in any complicated way, just that the treasurydirect.gov site and workings caused me to feel ...
by MrsBDG
Fri Apr 21, 2017 2:20 am
Forum: Personal Finance (Not Investing)
Topic: Should I cancel my whole life policy?
Replies: 80
Views: 8906

Re: Should I cancel my whole life policy?

I agree with the above posters, consult Term4Sale.com, they are not agents, but they will give you the names of three agents who work in your zip code. It sounds like the free look refund is not an option, in my experience, companies do refund unearned premium, though it might be prorated based on t...
by MrsBDG
Tue Apr 18, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: USAA and Haven Life (Mass Mutual) Life Insurance Quotes
Replies: 12
Views: 1496

Re: USAA and Haven Life (Mass Mutual) Life Insurance Quotes

I can affirm that I got my adult daughter a Protective policy w a Hx of exercise related seasonal asthma, preferred best rates.
by MrsBDG
Tue Apr 18, 2017 2:44 am
Forum: Personal Finance (Not Investing)
Topic: USAA and Haven Life (Mass Mutual) Life Insurance Quotes
Replies: 12
Views: 1496

Re: USAA and Haven Life (Mass Mutual) Life Insurance Quotes

Go to Term4sale.com, they aggregate all the companies, they don't sell. They'll give you three local agents to contact, those agents can check your build, their can be a pretty big difference in build charts. The agents ought to be able to advise on the asthma history, too. Presenting it in optimal ...
by MrsBDG
Thu Apr 13, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: IRS 1116 with foreign earned income & moving back to the states
Replies: 7
Views: 503

Re: IRS 1116 with foreign earned income & moving back to the states

The dates traveling back and forth to the US (interview and prep to move home) don't work out to have the 2555 work in 2016.
by MrsBDG
Thu Apr 13, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: IRS 1116 with foreign earned income & moving back to the states
Replies: 7
Views: 503

Re: IRS 1116 with foreign earned income & moving back to the states

Yah, yah, I agree, they will do their own taxes from now on, but when the oldest moved to the UK (so tax treaty) I was doing all the kids returns for FAFSA and then it was pretty easy to just do this one with the rest. Now it's complicated enough for me, with experience, that I did not want to dump ...
by MrsBDG
Thu Apr 13, 2017 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: IRS 1116 with foreign earned income & moving back to the states
Replies: 7
Views: 503

IRS 1116 with foreign earned income & moving back to the states

My kid has lived abroad for several years as a student and then working. I have done the tax returns after paying for the initial one to be be done as a guide as to utilizing the 2555. This year the kid has moved home and gotten a US job and does not qualify for 2555, so I am researching the 1116. I...