Search found 24 matches

by RetiredArtist
Tue Oct 09, 2018 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Elder care tax question(s)
Replies: 27
Views: 1738

Re: Elder care tax question(s)

An older relative was able to deduct in-home care, as a medical expense. He had a written plan of care that was approved by his doctor, stating that the care was medically necessary. The caregiving agency wrote up the plan. I found IRS Publication 502, and showed it to to the CPA. He agreed the care...
by RetiredArtist
Wed Sep 05, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Breaking up IRMAA,,,, Medicare that is
Replies: 5
Views: 482

Re: Breaking up IRMAA,,,, Medicare that is

I thought Medicare got your yearly income from your tax returns. So if your income goes down, so does IRMAA. Am I wrong?
by RetiredArtist
Tue Sep 04, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"
Replies: 52
Views: 5057

Re: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"

Taylor Larimore, thank you for bringing up this important subject, and for all of your posts. I am learning so much on this site. I had financially astute older relatives, who managed their investments with great success. Over the last 10 years, it was shocking to me to see how things had fallen apa...
by RetiredArtist
Thu Aug 09, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5549

Re: Employer will not indemnify me cause I am retired

Steve, retired from LAUSD, can you set up a social group, to educate teachers about the specifics of retirement investing? That would allow current, indemnifiable employees to get involved. It's terrible that teachers are underpaid, and worse that their 403b's have such high fees. I had 403b's mysel...
by RetiredArtist
Mon Jul 30, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a trustee
Replies: 29
Views: 2069

Re: Choosing a trustee

I must correct myself. Our elderly relative was the trustee. The wealth management bank was the successor trustee. The bank representative persuaded my relatives to remove family members who had been named successor co-trustees. Due to age and lack of experience with money matters, my relative would...
by RetiredArtist
Sat Jul 28, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a trustee
Replies: 29
Views: 2069

Re: Choosing a trustee

Another story about professional trustees: my elderly relatives turned to a wealth management bank when they developed serious heath problems & could no longer manage their complicated assets. They had a trust established, with relatives as trustees. Their wealth management representative persuaded ...
by RetiredArtist
Fri Jul 27, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Needed appraisal of farm land?
Replies: 18
Views: 1177

Re: Needed appraisal of farm land?

The value on the county tax rolls may be much lower than the appraisal value. If you sell, a higher cost basis based on an appraisal will reduce your tax.
by RetiredArtist
Thu Jul 26, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Executor/Inheritance Advice for a 25 Year old
Replies: 10
Views: 1380

Re: Executor/Inheritance Advice for a 25 Year old

I am sorry for your loss- both parents while you are still in your 20's! I ended up being a trustee/executor. A good CPA & an estate attorney will be invaluable. We decided to replace the problematic CPA/attorney who came with the estate with a separate CPA & an estate attorney. You get a system of ...
by RetiredArtist
Mon Jul 09, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 78
Views: 14706

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

As a trustee, I had to distribute several Treasury bonds (initially held via Treasury Direct). Treasury Direct was a pain- an attorney was needed to figure which forms to fill out, and everyone involved had to provide Medallion Guarantee signatures- which are hard to get these days. Not to mention t...
by RetiredArtist
Thu May 31, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Creative Planning vs Vanguard PAS
Replies: 95
Views: 7035

Re: Creative Planning vs Vanguard PAS

Please define "Asset Location". How is it different from Asset Allocation?
by RetiredArtist
Thu May 03, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3945

Re: How to be a good executor to family

I learned some Excel at work, and had taken a community college course as well. It might have been overkill to learn Excel while learning how to be trustee/executor. Pencil & paper work too, but are harder to share- either scan & email, or snail mail. My point was, no one in the real world seems to ...
by RetiredArtist
Thu Apr 26, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3945

Re: How to be a good executor to family

Since everyone uses Excel/Word, it was worth putting MS Office on my Mac. (Using Numbers & Pages was producing all those "save as" files) Because I had just retired, I had time to learn how to be a trustee/executor. It was time consuming. I was a beneficiary, so did not want to be paid. I agree abou...
by RetiredArtist
Tue Apr 10, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 6181

Re: Alternative website for those in lower tax brackets?

I am charmed to see the blue collar boglehead thread. I am another blue collar boglehead, now retired. I did not know about this website until recently. Our union based defined contribution pension accounts were managed by MFS, for a high fee (well over 1%) plus costs of the mutual funds on offer. M...
by RetiredArtist
Wed Mar 28, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 7222

Re: Max-funding an Index Universal Life policy to the IRS limit??

I am a single mom, & earned my living as an artist. (yes, it is possible to earn a living as an artist) When my daughter was in preschool, I inherited a bit of money. I bought Universal Life Insurance on the recommendation of a financial advisor, a lovely woman whose child was in the same preschool....
by RetiredArtist
Sun Mar 18, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 10460

Re: Need for Medicare supplemental plan?

I enrolled in a Plan F supplement 6 years ago, so some of my info may be out of date, and the rules may vary by state. I found a very helpful independent agent. The agent is paid by whatever insurance company you select. He pointed out that by law, all Plan F's must offer the same benefits. Your pri...
by RetiredArtist
Sat Mar 17, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return submitted, just got corrected Tax Information Statement
Replies: 6
Views: 1216

Tax return submitted, just got corrected Tax Information Statement

I just got a Corrected Tax Information Statement in the mail from Vanguard. (I don't think Vanguard messaged me about this new statement, or I would have downloaded it) An amount just under $2000 was moved from Interest Income to Qualified Dividend Income. I suppose my tax will go down a bit, as int...
by RetiredArtist
Wed Feb 07, 2018 1:14 am
Forum: Personal Consumer Issues
Topic: Visiting SAN FRANCISCO
Replies: 31
Views: 2537

Re: Visiting SAN FRANCISCO

Dolores Park is quite a scene if the weather is nice. Mission Dolores is nearby. Tartine Bakery at 18th & Guerrero. In the Mission, La Tacqueria, and check out the murals. Foreign Cinema Restaurant on Mission Street. Walk along the water at the Presidio to Fort Point. The Palace of Fine Arts is near...
by RetiredArtist
Sat Dec 30, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1387

Re: Donating shares from Vanguard

I was able to donate stock shares from my Vanguard brokerage account by filling out the online form, scanning that & attaching it to a secure message. I contacted the charity ahead of time to get the info the form required. I phoned Vanguard the next day to confirm. I'm glad yours went well. Are yo...
by RetiredArtist
Thu Dec 28, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1387

Re: Donating shares from Vanguard

I was able to donate stock shares from my Vanguard brokerage account by filling out the online form, scanning that & attaching it to a secure message. I contacted the charity ahead of time to get the info the from required. I phoned Vanguard the next day to confirm.
by RetiredArtist
Thu Aug 31, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Preferred stocks
Replies: 8
Views: 1201

Preferred stocks

Hi- I am a longtime Vanguard fund investor. I inherited some preferred stocks & corporate bonds, currently held at Vanguard. I want to sell them (strategically) and invest in Vanguard funds. I gather timing can affect how much of a discount (haircut) you take. Neither my CFP nor my Flagship rep can ...
by RetiredArtist
Tue Aug 22, 2017 12:26 pm
Forum: Forum Issues and Administration
Topic: Revealing Usernames
Replies: 108
Views: 20238

Re: Revealing Usernames

I want to change my user name (to be less identifiable) but can't figure out how. Not in settings. Please advise in detail. I am new to this group & am puzzled by format. (Is there a wiki on how to get around?)
by RetiredArtist
Tue Aug 22, 2017 12:18 pm
Forum: Forum Issues and Administration
Topic: change user name?
Replies: 9
Views: 2346

Re: change user name?

I am new, please advise, how do I PM a moderator? I went to a forum, did not see the path.
by RetiredArtist
Tue Aug 22, 2017 12:04 pm
Forum: Forum Issues and Administration
Topic: change user name?
Replies: 9
Views: 2346

change user name?

How do I change it? Went to settings, no joy
by RetiredArtist
Sat Aug 29, 2015 9:15 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 44749

Re: The Bogleheads' Silent Majority

I only visit this site when it answers a question I ask of google search. My visit on Aug 25 was coincidental. I saw the bit about so many lurkers, and joined, to be polite. Now that I am retired maybe I will become a regular visitor.