Search found 180 matches

by MrsBDG
Mon May 25, 2020 1:09 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 30
Views: 3155

Re: What to do with Mother-In-Law

I've handled seniors moving into and going through IL/AL/Rehab/SNF/B&C/Hospice and I've had a parent live with me through the bitter end. Both were rough in different ways. With the facility parents it was phone calls and flights to handle things, coordinating care from afar, etc. With the parent li...
by MrsBDG
Mon May 25, 2020 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Selling Boat to people out of State
Replies: 17
Views: 907

Re: Selling Boat to people out of State

My husband sold a boat a decade ago. He drove 400 miles south from our home to meet in the middle with a guy driving 500 miles from his town. They met in a Dairy Queen, the guy gave him a brown paper bag with the cash (maybe half your amount) and my husband signed over the title. Menawhile, the boat...
by MrsBDG
Mon May 25, 2020 12:49 am
Forum: Personal Finance (Not Investing)
Topic: New here, need help with creating a nest egg for my autistic son
Replies: 18
Views: 1274

Re: New here, need help with creating a nest egg for my autistic son

Your situation is one where a lifetime life insurance policy could be a perfect fit. I suggest you get quotes for a "second to die" policy. They only pay after both of you are dead, which makes them cheaper than a single policy, and includes you despite your issues. I do not know for certain about t...
by MrsBDG
Thu May 21, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Appointment of Executor
Replies: 13
Views: 623

Re: Appointment of Executor

We had a distant family member die in SoCal. The first beneficiary in line of succession (per CA rules) had the authority to appoint the county department (they have a department that does this stuff) as the estate representative. I have no idea if there was much left at the end, there had been a ho...
by MrsBDG
Tue May 19, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4279

Re: I work remote: Is buying a home away from a major city a major risk?

We have lived in the boonies for decades and what I notice as the most significant difference is that you can, often, get your price, but you may have to wait 1-2-3 years to get it depending on the market you are in and from where your buyers are coming.
by MrsBDG
Fri May 15, 2020 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance- What to do at end of Term?
Replies: 37
Views: 2457

Re: Term Life Insurance- What to do at end of Term?

At the end of the term, most term policies are thereafter too expensive to keep. You can ladder policies, you can lock in 20-25-30-35-40 year rates. Protective Life just added 35 & 40 year. American General has 35 year.
by MrsBDG
Mon May 11, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed - sister's home in foreclosure - terminal cancer
Replies: 26
Views: 2835

Re: Advice needed - sister's home in foreclosure - terminal cancer

I agree with the above posters, if able I would be inclined to pay the $12k, but then you have to also stay on top of the monthly payment. I would most definitely record a lien etc., so that I was repaid by the proceeds of the sale. If the sons are financially unaware enough to be in foreclosure, th...
by MrsBDG
Mon May 04, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Home - How Near Parents?
Replies: 30
Views: 2994

Re: Buying Home - How Near Parents?

Without considering the finances and reasons you like one area or the other, I can tell you about proximity. My daughter lives 15-20 minutes away, having moved from 30-35 minutes away. Each was an easy, no traffic, drive. The difference in being 15 minutes closer is amazing. It is just that much eas...
by MrsBDG
Mon May 04, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: What makes a real estate agent good?
Replies: 30
Views: 2492

Re: What makes a real estate agent good?

I, too, want to think through all the negatives before a purchase, not have all the pretty things pointed out. Perhaps it's a trait of analytical BHs? A few things about Realtors, in mine and family transactions, I have noticed a tendency to not understand that RE buy/selling is just making a deal. ...
by MrsBDG
Sat May 02, 2020 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Property Inheritance
Replies: 17
Views: 2060

Re: Property Inheritance

Another thought, just for your MIL's consideration, when Dad moved in with her, was he paying rent? Paying his share of food and utilities? Or did he set up the rental to sort of cover that, in his mind. Not only did your Mom have hours and hours of care, and days and weeks and years lacking privacy...
by MrsBDG
Sat Apr 18, 2020 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Possible to move in retirement without HUGE capital gain tax
Replies: 19
Views: 1540

Re: Possible to move in retirement without HUGE capital gain tax

They could easily live another 20-30 years, seems like a long time to have to handle a rental. My parents had a home in a MCOL are in NorCal, they moved out of state due to serious health issues and a need to be near family. It did not sell for an entire year, the market in CA started going weird in...
by MrsBDG
Fri Apr 17, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: PSLF for those interested
Replies: 4
Views: 539

Re: PSLF for those interested

There is a Facebook group for people pursuing PSLF, lots of happy ending stories and lots of help for people with complications.
by MrsBDG
Wed Apr 15, 2020 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Advice - Anesthesiologist threatening collections
Replies: 59
Views: 5925

Re: Advice - Anesthesiologist threatening collections

My husband hates the feeling of loss of control with anesthesia and does his colonoscopy without, he likes it fine. I have not read everything, but if this is due to being out of network, it is likely out of your control if the GE & hospital/surgi-center are in network. In that case your company wil...
by MrsBDG
Fri Apr 10, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance without an exam
Replies: 5
Views: 319

Re: Term life insurance without an exam

For various age and amount restrictions, I show the following companies offering some sort of no exam plan: Allianz AXA Assurity (they use a Lexis-Nexis score) Global Atlantic John Hancock Legal & General Lincoln LIfe United of Omaha National Life Nationwide North American Pacific Principal Protecti...
by MrsBDG
Mon Mar 30, 2020 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinance
Replies: 13
Views: 971

Re: Student Loan Refinance

My daughter re-financed about a week or so before the big change, NBA shutdown etc., and if she had not, I would tell her to wait until the fall. She's at 1.6%, but why not go with free. You can still work on the principal if you want and if you are concerned about liquidity, create a savings accoun...
by MrsBDG
Sat Mar 28, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: COVID19 - Student Loan Forbearance
Replies: 12
Views: 1075

Re: COVID19 - Student Loan Forbearance

The six months of suspended payments count towards loan forgiveness programs, including Public Service Loan Forgiveness (PSLF) and Income-Driven Forgiveness (PAYE, REPAYE, IBR)

https://www.studentloanplanner.com/stim ... ent-loans/
by MrsBDG
Sat Mar 28, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: COVID19 - Student Loan Forbearance
Replies: 12
Views: 1075

Re: COVID19 - Student Loan Forbearance

I've also been reading that people on PSLF still get credit, if that is accurate, then they might as well take the free six months and build up a better emergency fund.
by MrsBDG
Tue Mar 24, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Updating my estate documents in COVID19 time
Replies: 25
Views: 1764

Re: Updating my estate documents in COVID19 time

If you have a trust, in my experience, you can craft an amendment and not have it notarized or witnessed and still have it accepted. Many years ago we had a trustee resign, the self written and unwitnessed resignation was accepted by banks, Fidelity, etc. Perhaps not the optimal choice, but it could...
by MrsBDG
Sat Mar 14, 2020 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Are federal student loans now 0%?
Replies: 24
Views: 2500

Re: Are federal student loans now 0%?

I have not seen anything specific yet and I guess it is what it is, I'd just like to know.
by MrsBDG
Sat Mar 14, 2020 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Are federal student loans now 0%?
Replies: 24
Views: 2500

Re: Are federal student loans now 0%?

In another group it was posted that this only applies to undergraduate loans, not grad loans, which I could believe, as many times when super low interest rates were touted in the press, it was only undergrad. Anyone seen any details on that?
by MrsBDG
Mon Mar 09, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Cost-effective home webcam?
Replies: 6
Views: 358

Re: Cost-effective home webcam?

Yep, Wyze would work quite well for sound and picture for $25-$35 depending on the modal chosen.
by MrsBDG
Sat Mar 07, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Savings Account
Replies: 16
Views: 1218

Re: Trust Savings Account

Barclays allows trust ownership
by MrsBDG
Sun Mar 01, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: jtwros [account - who pays the taxes?]
Replies: 12
Views: 1017

Re: jtwros [account - who pays the taxes?]

It sounds like you just need to complete the processes that happen when someone dies. On the joint brokerage account, that is now yours, give the brokerage the death certificate and the account is yours & the 1099 should be in your name. For each other item, houses, loans, stocks etc., you're going ...
by MrsBDG
Sat Feb 29, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: jtwros [account - who pays the taxes?]
Replies: 12
Views: 1017

Re: jtwros [account - who pays the taxes?]

We have a brokerage account with jtwros joint account Who is we? Your Dad and Mom and you? Your Dad and you? If it was just you and Dad, then you are now the legal owner of the account, all the monies are yours as is the income. If your Mom's name was on the account, jointly, then notify the holdin...
by MrsBDG
Mon Feb 24, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Post Divorce Business Sale Sharing, Reality Check
Replies: 29
Views: 3088

Re: Post Divorce Business Sale Sharing, Reality Check

I commend you for checking yourself and wanting to do the right thing, that shows character. What is the right thing? I'm sure we can all come up with different ideas. I like the idea of keeping things copacetic with your ES. What's her financial situation? Is she ok? Is she supporting the daughter ...
by MrsBDG
Fri Feb 21, 2020 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 60
Views: 8071

Re: ACA MAGI planning

I know this is an old thread, but most of the details are still pertinent. One thing that has me stymied is how to best research fund options for non-qualified MFs and have any clue what to expect on your 1099B. I am in the process of slowly moving to Fidelity and it's a great chance to choose funds...
by MrsBDG
Wed Jan 22, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Treasury Direct and 1099 - Firefox Bug
Replies: 10
Views: 622

Re: Treasury Direct and 1099 - Firefox Bug

Speaking of Treasury Direct and 1099s, if the bond owner dies mid-year and the login is then frozen, how do they provide the 1099 for 2019? Is the system smart enough to mail it or is it sitting there in the locked account?
by MrsBDG
Wed Jan 22, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Pay rent electronically - Fidelity? Other?
Replies: 16
Views: 1053

Re: Pay rent electronically - Fidelity? Other?

Zelle works well and has no fees of which I am aware.
by MrsBDG
Tue Jan 21, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Asked to sign away liability for AZ short term rental
Replies: 28
Views: 2867

Re: Asked to sign away liability for AZ short term rental

When you rented via VRBO did you accept their rental agreement, many hosts I know will have the RA as part of the VRBO acceptance process, but will also send it for either e-sig or wet sig, since a guest accepting on VRBO does not always hold up for damages. You may have already accepted this docume...
by MrsBDG
Mon Jan 20, 2020 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance - recharacterize from 30 to 20 year?
Replies: 9
Views: 781

Re: Life insurance - recharacterize from 30 to 20 year?

Most companies won't allow you to change the term after the policy is in-force, though since you would shorten the term, you could ask. Or simply apply for a new policy of your choice.
Term4Sale.com is a great resource.
by MrsBDG
Mon Dec 30, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance - Where to Find?
Replies: 20
Views: 809

Re: Life Insurance - Where to Find?

I agree with the above, Term4Sale.com is great resource, you will be connected with three different agents who service your zip code, you can ask each of them all your questions and see with which one you connect best.
by MrsBDG
Fri Dec 13, 2019 1:30 am
Forum: Personal Finance (Not Investing)
Topic: Comcast, get a new deal, but keep email?
Replies: 2
Views: 537

Comcast, get a new deal, but keep email?

If the primary accountholder at an address is no longer available, think death or divorce, is there a way the person creating a new account can take advantage of a new user deal, but also keep their existing email address at the same service address. Think widow wanting to switch account to her name...
by MrsBDG
Mon Nov 18, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: trustee duties when grantor passes
Replies: 25
Views: 1623

Re: trustee duties when grantor passes

It seems to me the condo is entirely separate from the estate transactions. If you look at the estate alone and sibling A is unhappy with the value of the estate, what is their point? Mom and Dad should have spent less so sibA would get more? If SibA knows about the condo plan, is that the cause of ...
by MrsBDG
Mon Nov 11, 2019 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 99
Views: 9256

Re: Should I buy the family cottage?

I'd buy it; I'd also have some blunt serious talks with the siblings to talk about the 'what ifs' and what could go wrong and who could get mad and what ugly things could arise. Discuss it before it happens, talk through expectations so you know you are all really on the same page, not just thinking...
by MrsBDG
Mon Nov 11, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Bond fund letters change to Q
Replies: 2
Views: 372

Re: Bond fund letters change to Q

I saw that on Google and wondered if it was pertinent, but am not finding any details about this particular fund, the new reference name says:
NAME CHANGED N/C #REOR CHURCH LIQ TRUST NOT A FD NO SIPC (Q---Q)

I am reading that to be, perhaps, in reorganization and the LIQ as liquidating?
by MrsBDG
Mon Nov 11, 2019 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Bond fund letters change to Q
Replies: 2
Views: 372

Bond fund letters change to Q

In liquidating the funds of an elderly relative, there is highly illiquid church bond fund which has had a name formatted X---X. now it has changed to Q---Q with all different letters. Does this mean it's being liquidated? I can call the company tomorrow, but to be blunt, this is such an oddball fun...
by MrsBDG
Mon Nov 11, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinance Suggestions
Replies: 13
Views: 1144

Re: Student Loan Refinance Suggestions

I'd check out the latest on the WCI website, they are always promoting options and sometimes there is a bonus refund.
by MrsBDG
Fri Nov 08, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help Dad do estate planning math and make adjustments
Replies: 45
Views: 2887

Re: Help Dad do estate planning math and make adjustments

! agree with stochastic that even smart people can take a complex situation,especially an emotional one, and follow the wrong path on the math. I know when my husband handled some estate stuff he would come up with how to do some portion of a complicated aspect being divided, then run it by me, some...
by MrsBDG
Mon Oct 28, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help Dad do estate planning math and make adjustments
Replies: 45
Views: 2887

Re: Help Dad do estate planning math and make adjustments

A share of a beach house is both less and more valuable than the stated $220k. Can DD1 sell the share? Is that restricted? If so, then the cash value may be way less and there may be a future of maintenance costs. On the other hand, a share of a beach house could represent all that is good and whole...
by MrsBDG
Mon Oct 28, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: AGI, MAGI, ACA, Subsidies, MFA, and Student Aid Oh My!
Replies: 4
Views: 803

Re: AGI, MAGI, ACA, Subsidies, MFA, and Student Aid Oh My!

It's been a long time, but in my experience, HSA contributions as a self-employed person do reduce FAFSA AGI, unless something has changed in the past few years. Same with 401k/SEP/traditional IRA, but not any ROTHs.
by MrsBDG
Sat Oct 05, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with paper EE bonds with elderly parent
Replies: 21
Views: 1926

Re: Dealing with paper EE bonds with elderly parent

I opened the account with my parent sitting there as I handled it with her. I've found all my dealings with Treasury Direct to feel behind the modern times, it feels like a dial up days website, it's very fussy, hit a back button once and you're logged out. And I just learned that if you have the bo...
by MrsBDG
Sat Sep 21, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance advice needed
Replies: 12
Views: 1149

Re: Term Life Insurance advice needed

On the cholesterol issue, it depends on the company. Some have strict standards, some are more flexible, for example American General will offer preferred best rates if your ratio meets their guidelines. You could post your numbers here or simply ask your broker if another company will offer preferr...
by MrsBDG
Sat Sep 21, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy from the '80s
Replies: 9
Views: 1015

Re: Life insurance policy from the '80s

I agree with the prior posts, when the cash value begins to fall short, the computer often merely calculates the premium required to keep in in-force for the next year. At his age, mortality costs are increasing dramatically every year. Request an in-force illustration to show the death benefit runn...
by MrsBDG
Wed Sep 18, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you always buy term life from a broker?
Replies: 15
Views: 1251

Re: Do you always buy term life from a broker?

In most circumstances I would use the broker, term4sale connects you with three brokers so you can choose the one you prefer. Not every broker sells the same companies, but most of the top companies should be available with each. Brokers should be able to fine tune your choice, looking for preferred...
by MrsBDG
Fri Sep 13, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance vs Permanent Life
Replies: 26
Views: 1827

Re: Term Life Insurance vs Permanent Life

www.term4sale.com will connect you with three agents who can give you three different perspectives on your transactions and can answer all your questions.
by MrsBDG
Mon Sep 09, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance -- Clueless and want to educate myself
Replies: 20
Views: 1442

Re: Life Insurance -- Clueless and want to educate myself

Absolutely do NOT buy any insurance called whole life, universal life, or variable life Another caveat, some companies term plans are actually a level guaranteed period on a UL product, for example Protective Life. It's a term emulation on a UL chassis. It's fine and competitive. I have people call...
by MrsBDG
Wed Sep 04, 2019 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance -- Clueless and want to educate myself
Replies: 20
Views: 1442

Re: Life Insurance -- Clueless and want to educate myself

A quick answer on where to begin with quotes, Term4Sale.com will connect you with three agents in your ZIP code, those agents should be able to give you some good info. If you deduct the cost of premiums, then the death benefit is not entirely income tax-free the way it would be if you do not deduct...
by MrsBDG
Wed Sep 04, 2019 11:49 pm
Forum: Personal Consumer Issues
Topic: Pre-paid Funeral Expenses
Replies: 66
Views: 4285

Re: Pre-paid Funeral Expenses

When my Dad was on hospice I called the funeral home to figure out details, the cremation quote was about $800, Dad died the next day, before I had made official arrangements. I had that funeral home take him and when I went in to do the paperwork the quote was about $2500. I asked about the call an...
by MrsBDG
Thu Aug 29, 2019 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Any males in their late 40’s recently shop life insurance?
Replies: 29
Views: 3421

Re: Any males in their late 40’s recently shop life insurance?

Check term4sale.com, you can just search rates, or you can click through and email (or talk) with three agents.
by MrsBDG
Tue Aug 27, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Long distance property managemnt: fiscally responsible or headache?
Replies: 19
Views: 1513

Re: Long distance property managemnt: fiscally responsible or headache?

My parent's old house has been a long distance rental for over a decade as I had hoped the market in their CA town would recovered from it's decline. I have used a local broker to show and rent the house, but do monthly management myself. I lived in the same town, but left 20 years ago. Initially I ...