Search found 209 matches

by Silk McCue
Fri Apr 28, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a side business
Replies: 15
Views: 628

Re: Starting a side business

You can't write off fuel and mileage. Mileage is the way to go I would expect. Google the topic and you will get plenty of knowledge in a short period of time.
by Silk McCue
Fri Apr 28, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Which sonicare toothbrush do you recommend?
Replies: 13
Views: 678

Re: Which sonicare toothbrush do you recommend?

We've been using Sonicare Flexcare Platinum and it's features support both my needs and those of my DW.
by Silk McCue
Thu Apr 27, 2017 9:10 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 143
Views: 18002

Re: Why not add a "like" button to Boglehead posts?

I think an active exchange of ideas about design and an honest look at how you deliver a service is a meaningful conversation to have. This thread is 4 1/2 years old and the same message of "why not" has been explained and consistently delivered. In reply to your most recent post there is...
by Silk McCue
Thu Apr 27, 2017 8:20 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 143
Views: 18002

Re: Why not add a "like" button to Boglehead posts?

Even getting an option for the Home tag on every page being user selectable (the default works very poorly in Safari) was turned down. The current crowd here is self selected. They like things the way they are. A like button has multiple uses. As a lighter form of engagement it is particularly suit...
by Silk McCue
Thu Apr 27, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2217

Re: Can a reluctant executor simply reassign the role?

Each state is different but I know of no state that doesn't require the executor to go to court to be sworn in before they become the executor. Florida does not require the Personal Representative (executor) to be sworn in. I expect the same is true in many/most states. We sign court documents crea...
by Silk McCue
Thu Apr 27, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to Capitalize Your Pension and SSA for AA Purposes?
Replies: 8
Views: 754

Re: How to Capitalize Your Pension and SSA for AA Purposes?

This is not a new idea and I believe it to be a bad idea. You cannot rebalance the pension or SS. They both should be considered as a floor of income. Above this floor and up to your income needs will be covered by investments. Those investments must be invested in an AA that you can weather the sto...
by Silk McCue
Thu Apr 27, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2217

Re: Can a reluctant executor simply reassign the role?

It appears you don't even need a probate administration in Florida and can do a summary administration to transfer this one asset. There is no need to get the named personal representative involved and can even be done without an attorney. Gill Google "florida orange county disposition of pers...
by Silk McCue
Thu Apr 27, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2217

Re: Can a reluctant executor simply reassign the role?

Also you suggested that your sister might be willing to relinquish her role. I I don't think the executor is the OP's sister. I (an only child) settled two diff estates (my late parents who were divorced with separate affairs.) My best guess is that the OP refers to her father-in-law as "Dad&q...
by Silk McCue
Thu Apr 27, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2217

Re: Can a reluctant executor simply reassign the role?

Please clarify - is this a trust or a will? Also you suggested that your sister might be willing to relinquish her role. If that is the case work on that singular step for her to notify the attorney. Also, it is difficult to believe that as an officer of the court the attorney hasn't given notice of...
by Silk McCue
Thu Apr 27, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: Help with Medicaid Questions
Replies: 4
Views: 591

Re: Help with Medicaid Questions

I could tell you what I believe to be true but I would rather give the best advice that I can and that is to pay for a consult with a "Board Certified Elder Law Attorney" in the state of residence to discuss the overall situation. They are at the top of their field and provide superior cou...
by Silk McCue
Thu Apr 27, 2017 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Moving to CA for 2 yrs, lease or buy used car?
Replies: 13
Views: 800

Re: Moving to CA for 2 yrs, lease or buy used car?

I'd look at newer, possible CPO, cars at a reputable dealer (maybe Carmax?) so that you'd have some feeling of confidence in the transaction. You will spend a bit more compared to a private party sale, but since you don't have a lot of confidence in your ability to find a good used car this seems l...
by Silk McCue
Thu Apr 27, 2017 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2217

Re: Can a reluctant executor simply reassign the role?

I am just wrapping up probate for an estate in Florida for which I am the Personal Representative (executor). The designated Personal Representative and the named beneficiaries had to formally relinquish the role/accept me as the named Personal Representative via formalized court documents. No big d...
by Silk McCue
Thu Apr 27, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: what to do with our rentals ?
Replies: 8
Views: 854

Re: what to do with our rentals ?

Keeping it simple. $400k after 6% Realtor commissions is $376k. Current net income after property taxes is $14.6k. To generate that amount from the proceeds requires an investment return after taxes of 3.883%. Over the long term that has been achieved in your personal investments with headroom. If y...
by Silk McCue
Wed Apr 26, 2017 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: How should I factor my pension into my AA in retirement
Replies: 8
Views: 924

Re: How should I factor my pension into my AA in retirement

The pension should not be considered within your AA. It should be considered a floor of income that reduces the funds you need from your retirement savings in order to meet your needs. Set your AA only for those assets that you can rebalance.
by Silk McCue
Tue Apr 25, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 3004

Re: co-worker had a baby chipping in on gift- how much?

If you and your co-workers make less than $20 per hour than it would seem too high. It's all relative.
by Silk McCue
Tue Apr 25, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Need a "grabber" on a telescoping pole...
Replies: 8
Views: 871

Re: Need a "grabber" on a telescoping pole...

Lowes and Amazon have the product below in various lengths that meet your needs. In this case Lowes is cheaper. https://m.lowes.com/pd/E-Z-Reacher-96-in-Pro-Collapsible/3702026 interesting. 8 feet. no reviews though- i wonder if it is any good You can find reviews on Amazon for their products of va...
by Silk McCue
Mon Apr 24, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: Need a "grabber" on a telescoping pole...
Replies: 8
Views: 871

Re: Need a "grabber" on a telescoping pole...

Lowes and Amazon have the product below in various lengths that meet your needs. In this case Lowes is cheaper.

https://m.lowes.com/pd/E-Z-Reacher-96-i ... le/3702026
by Silk McCue
Fri Apr 21, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: time via a talking wrist watch
Replies: 1
Views: 178

Re: time via a talking wrist watch

Amazon sells quite a few. Each with numerous reviews that would provide excellent insight to find a good match for your friend.

I have no personal experience with them but would be able to make an informed decision in short order on Amazon.

Good luck.
by Silk McCue
Thu Apr 20, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can Power of Attorney override POD designations?
Replies: 12
Views: 1437

Re: Can Power of Attorney override POD designations?

The answer is: It depends.

Please read this reference to get a sense of what is at play in this situation.

From my read you can construct the Power of Attorney to prevent this from happening.


http://info.legalzoom.com/can-power-att ... 21711.html
by Silk McCue
Thu Apr 20, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: How to withdraw a positive credit card balance ($2600)?
Replies: 10
Views: 977

Re: How to withdraw a positive credit card balance ($2600)?

The CC company should cut you a check upon your request. If you could drain the balance with normal purchases (not extra purchases just to make it happen) in a couple of months you might not bother.
by Silk McCue
Wed Apr 19, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Bill received after Estate is closed
Replies: 55
Views: 5016

Re: Bill received after Estate is closed

VA_Gent wrote:"I hired my Attorney (no contract signed)"

I think this is where your problem starts. He was working for you personally not the estate.

I disagree respectfully. The attorney was working for the estate on behalf of the executor. The estate pays the attorney not the executor.
by Silk McCue
Wed Apr 19, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Bill received after Estate is closed
Replies: 55
Views: 5016

Re: Bill received after Estate is closed

My thoughts are... If they calculated the distribution and failed to account for the probate expenses they are at fault. The estate is now closed with the courts and no longer exists and you have no further obligation. Had any other creditor failed to file in a timely fashion according to the rules ...
by Silk McCue
Wed Apr 19, 2017 7:22 am
Forum: Personal Consumer Issues
Topic: Should I purchase Apple Care for my new Apple Watch?
Replies: 25
Views: 1740

Re: Should I purchase Apple Care for my new Apple Watch?

If it's anything like the iPhone, you're buying a product with about a two year life before something inside it breaks or it becomes annoyingly slow.JT My significant experience with Apple products does not line up with this assessment. I have never had a hardware related issue except battery fatig...
by Silk McCue
Wed Apr 19, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Collect While Working?
Replies: 13
Views: 1220

Re: Social Security - Collect While Working?

I don't believe that it is a generic rule that the lower benefit recipient should always take SS at 62 and the spouse wait until 70. In some circumstances it probably makes sense. I believe making that decision must consider your total financial plan for retirement including any pension, 401k, IRA, ...
by Silk McCue
Wed Apr 19, 2017 6:37 am
Forum: Personal Consumer Issues
Topic: Should I purchase Apple Care for my new Apple Watch?
Replies: 25
Views: 1740

Re: Should I purchase Apple Care for my new Apple Watch?

I purchased the Apple Watch 2 at Christmas and paid for the Apple plan. It's a judgement call but I would do it again. We also bought an iPad Pro and an iPad mini and based on past multi-year experience did not get a SquareTrade warranty as I felt comfortable self-insuring. I'm certain you already k...
by Silk McCue
Sun Apr 16, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: How to Avoid Tax Refund Being Seized
Replies: 37
Views: 4361

Re: How to Avoid Tax Refund Being Seized

randomguy wrote:I guess one question is why the FIL is paying off the debt and not the wife?


First off this question has nothing to do with providing an answer to the question at hand. Secondly, he clearly stated it was proclaimed to be a wedding gift by the FIL.
by Silk McCue
Sun Apr 16, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Is my new accountant giving me a fair deal on form 5471?
Replies: 3
Views: 282

Re: Is my new accountant giving me a fair deal on form 5471?

I found this site which provides good insight on complexity, time to prepare etc. First one is $500. Related company (whatever that is specifically defined) $250.

https://m.taxesforexpats.com/services/f ... ation.html
by Silk McCue
Fri Apr 14, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Help - Your traditional IRA contributions are disallowed due to your AGI...
Replies: 18
Views: 1055

Re: Quick Help - Your traditional IRA contributions are disallowed due to your AGI...

As prudent points out the issue is whether either spouse has a retirement plan at work. If so then your income excludes you. https://www.irs.gov/retirement-plans/plan-participant-employee/2016-ira-contribution-and-deduction-limits-effect-of-modified-agi-on-deductible-contributions-if-you-are-not-cov...
by Silk McCue
Fri Apr 14, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: RV Rental
Replies: 25
Views: 2041

Re: RV Rental

I did all of the driving and it wasn't bad at all. Not much different than a moving truck. I think ours was around 25'. [...] For 10 guys on a college road trip it was great. You know your family, so you'll have to decide what you like. You crammed 10 guys into a 25' RV from CruiseAmerica? That is ...
by Silk McCue
Fri Apr 14, 2017 7:25 am
Forum: Investing - Theory, News & General
Topic: Investing question
Replies: 16
Views: 969

Re: Investing question

Neither you or I have a clue about the future but I would never bet against the US market long term. Take a look at the Vanguard Target Retirement Date Funds to see how they deal with spreading the risk via broad diversification. In general they have 60% of equities in US Total Market and 40% Equiti...
by Silk McCue
Thu Apr 13, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Best 2050 Target Date Fund
Replies: 20
Views: 1685

Re: Best 2050 Target Date Fund

If he would recommend T-Rowes fund with that ER then he is not making a recommendation that is in your best interest plain and simple. Don't invest with him.
by Silk McCue
Thu Apr 13, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Downloading Transactions from Vanguard into Quicken
Replies: 13
Views: 765

Re: Downloading Transactions from Vanguard into Quicken

Thanks for sharing. I simply don't know what is happening but it's good to know of the process you described to set this right.
by Silk McCue
Thu Apr 13, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Amazon Dot sound quality w/o other speakers
Replies: 7
Views: 492

Re: Amazon Dot sound quality w/o other speakers

It's all a matter of your expectations. The Echo in the family room does a better job but I am just fine with the Dot in my 15x17 Master Bedroom. Price point is perfect.
by Silk McCue
Thu Apr 13, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: best resources for executor
Replies: 6
Views: 413

Re: best resources for executor

Carefreeap wrote:We're there any assets to the estate?


There were more than ample assets to pay all debts. Glad to hear that things turned around on the condo.
by Silk McCue
Thu Apr 13, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: best resources for executor
Replies: 6
Views: 413

Re: best resources for executor

In addition to getting a general education by reading listen to your probate lawyer. Ask him what you should do and not do relative to the specifics of the estate. I handled my MIL's estate last year and just filed her final return and the estates initial/final return. She had two credit cards with ...
by Silk McCue
Thu Apr 13, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Most sophisticated tax software?
Replies: 6
Views: 640

Re: Most sophisticated tax software?

How did TaxAct work for you? I have used all three of the products that you mentioned over the years and have nothing more to offer. I would reach out to the folks at TurboTax to ask them to look at the "problem". Given their exposure with the accuracy of their software I would expect they...
by Silk McCue
Thu Apr 13, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Where to use $10k inheritance
Replies: 7
Views: 650

Re: Where to use $10k inheritance

Jamieson22 wrote:I'd boost that Emergency Fund by $9k, and blow $1k on something nice/fun.


+1
by Silk McCue
Thu Apr 13, 2017 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Filing For Extension?
Replies: 14
Views: 771

Re: Filing For Extension?

Rudycreat, You would have been better served by creating a new post with a title that matches your unique situation. This post was last used February 24th. It sounds to me like you are a prime candidate for hiring a professional to do your taxes this year. The IRS doesn't tell you how much you owe, ...
by Silk McCue
Thu Apr 13, 2017 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Acnt
Replies: 4
Views: 716

Re: Edward Jones Acnt

Congratulations on figuring this out now before investing with them and funding their retirement. I would close the account simply so that it won't be on the back of your mind. Don't engage in conversation with the advisor. They are well trained and may attempt to convince you that you are making th...
by Silk McCue
Thu Apr 13, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: looking for some confirmation
Replies: 7
Views: 506

Re: looking for some confirmation

Hey All, I started reading around the forum and basically decided to follow the three-fund portfolio idea, except I don't really feel the need for mutual funds. I'd figure I'd just do a 70/30 split using Vanguards total stock market/Vanguards total international stock market. I'm 29 with no debt an...
by Silk McCue
Wed Apr 12, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: ~20 year long investing
Replies: 17
Views: 1473

Re: ~20 year long investing

I can't get past the odd formatting of $6,000 as 6'000$. For my own sanity please explain.
by Silk McCue
Wed Apr 12, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating residency and filing estimated taxes
Replies: 1
Views: 310

Re: Terminating residency and filing estimated taxes

I literally cut and pasted from your post "how to file estimated taxes to nj as a non resident" into Google and this link below was the 3rd result.

http://www.state.nj.us/treasury/taxatio ... 040esi.pdf
by Silk McCue
Wed Apr 12, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Removing Outdoor Carpet
Replies: 3
Views: 266

Re: Removing Outdoor Carpet

If I had experience with this I would tell you what I did. However, I can Google and quickly found solid advice by searching "outdoor carpet glue removal". I already quickly learned enough to be confident to do it myself. Google and Youtube are your friend when it comes to "how to do&...
by Silk McCue
Wed Apr 12, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Help with moms annuity account (>$1M)
Replies: 30
Views: 2530

Re: Help with moms annuity account (>$1M)

annuitygator.com is a good resource regarding annuities. These instruments are very complex and difficult to understand. If you want annuitygator to review this specific annuity simply use the link below and ask them to do so. No idea what the turnaround is but from reading other products they have ...
by Silk McCue
Wed Apr 12, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Forms Nightmare
Replies: 7
Views: 1639

Re: Vanguard Forms Nightmare

You could try one more time with Vanguard to get a sane answer or better yet just work with Fidelity and have them handle the entire thing without speaking to Vanguard again. I'm certain that Fidelity does this all the time.
by Silk McCue
Tue Apr 11, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Delaying SS (or not) and the tax torpedo
Replies: 41
Views: 4399

Re: Delaying SS (or not) and the tax torpedo

Have a bird in hand (SS),.. grab it soon as you can before the hacks Change the rules! It (SS) reduces payouts to new members due to financial instability. Etc....Pay the taxes and, if you are fortunate to have good sources of other income, invest the SS payments in Index funds. SeeMoe.. :shock: Fe...
by Silk McCue
Tue Apr 11, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: fraud or BoA mistake?
Replies: 14
Views: 1571

Re: fraud or BoA mistake?

bogleboy wrote:Turns out it was a processing error... BOA computers screwed up. Crazy.


Thanks for "the rest of the story".
by Silk McCue
Tue Apr 11, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: Delaying SS (or not) and the tax torpedo
Replies: 41
Views: 4399

Re: Delaying SS (or not) and the tax torpedo

Another is that right now Im only 55. By the time I'm 70 the combined income limit (which doesn't adjust for inflation) will render most peoples Social Security benefit taxable at 85% if they have any outside income. This is a misnomer and I used to make the same assumption. However, in 15 years wh...

Go to advanced search