Search found 1692 matches

by bayview
Sun Jul 14, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 115
Views: 13692

Re: Trust Services

I'm getting estimates of 1% (seems all successor trustees got together) to be STs for "our" trust. Of the six candidate STs we've talked with, only one sounds like they wouldn't fight us on investing our portfolio in VTI. So 1% managing a Trust with a portfolio approaching 8 figures seems to be the...
by bayview
Sun Jul 14, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?
Replies: 83
Views: 3868

Re: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?

Can someone please confirm or not whether "endowment homes" are the same as CCRCs (Continuing Care Retirement Communities)? I have never heard the term "endowment home", but as explained by ruralavalon in bold below , they sound like CCRCs. The terminology gets confusing around here. I have also see...
by bayview
Sat Jul 13, 2019 3:14 am
Forum: Personal Investments
Topic: Federal employee financial planning question
Replies: 33
Views: 2720

Re: Federal employee financial planning question

Thanks Tatupu, that makes sense. We're (DW and kids) in a low cost European post ith decent care options and a great HU while I'm doing a year in a PSP. Med care is cheap - I already pay for alot of things out of pocket when necessary, since it's hardly worth claiming. We're on the FS plan and like...
by bayview
Sun Jul 07, 2019 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 17
Views: 920

Re: Seeking a successor corporate trustee who will perform administrative duties.

It is very very difficult to get certain elderly people with dementia declared incapacitated. I found it sadly simple. Her POA, trust etc said an official statement from one physician or psychologist who had examined her within the previous 90 days, and there it was. I was really reluctant to do th...
by bayview
Sat Jul 06, 2019 10:01 pm
Forum: Personal Investments
Topic: G Fund Question in Retirement
Replies: 32
Views: 2322

Re: G Fund Question in Retirement

I just kept all fixed income in G (no F, aka Total Bond), and raised my AA higher toward stocks instead. I can’t remember the exact adjustment - maybe 5% higher stocks in AA? So perhaps 65/35 instead of 60/40; something like that. This seems to have worked well. It certainly feels tidier: US stock i...
by bayview
Sat Jul 06, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 4810

Re: Elderly grandparents moving in with parents; what should they plan for?

Second friend couple cared for Dad until he was 96. Sentient to the end. Developed pneumonia at 96 and family plan was to keep him at home and let nature take its course rather than call 911 to take him to hospital. Pneumonia is a relatively easy death for the very old. Okay this downright sinister...
by bayview
Sat Jul 06, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 17
Views: 920

Re: Seeking a successor corporate trustee who will perform administrative duties.

It is very very difficult to get certain elderly people with dementia declared incapacitated. I found it sadly simple. Her POA, trust etc said an official statement from one physician or psychologist who had examined her within the previous 90 days, and there it was. I was really reluctant to do th...
by bayview
Sat Jul 06, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 4810

Re: Elderly grandparents moving in with parents; what should they plan for?

I will add one thing that I didn’t see mentioned: even with the best intentions, the grimmer parts of caring for the demented elderly often fall more on the wife (daughter.) Not that many men are willing to take on changing their mom’s or MIL’s dirty diaper. Going out and about, and mom needs to use...
by bayview
Sat Jul 06, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: trustee duties when grantor passes
Replies: 19
Views: 735

Re: trustee duties when grantor passes

I have a beneficiary who I already know won't sign a release either when the time comes. Not because of any actual issue, just one of those people who won't sign anything if there's nothing in it for them plus an irrational fear that something will come back to bite them - even if all the other ben...
by bayview
Fri Jul 05, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 4810

Re: Elderly grandparents moving in with parents; what should they plan for?

Also, see if there is a PACE program in your parents' area: https://www.cms.gov/Medicare-Medicaid-Coordination/Medicare-and-Medicaid-Coordination/Medicare-Medicaid-Coordination-Office/PACE/PACE.html https://www.npaonline.org/pace-you https://www.npaonline.org/pace-you/find-pace-program-your-neighbor...
by bayview
Thu Jun 27, 2019 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else unable to afford a home/have six figure income?
Replies: 60
Views: 7177

Re: Anybody else unable to afford a home/have six figure income?

I read a lot of similar stories on these forums of people who owns homes and make over $100,000. Am I alone on this board in not being able to afford a home or make anywhere near six figures? Your title misled me. You're asking if there are people here who don't own their own homes, as well as if t...
by bayview
Wed Jun 26, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Early wedding funding for my young kids: Great Strategy!!!
Replies: 22
Views: 3349

Re: Early wedding funding for my young kids: Great Strategy!!!

I think the OP solves an *(maybe nonexistant? issue in the wrong way. Having to come up with an "ungodly amount to try to keep up with some of our friends' weddings" is just not mandatory and it would have worried me a lot more than the availability of money. The problem should have been solved at ...
by bayview
Wed Jun 26, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]
Replies: 13
Views: 1699

Re: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]

Also, if she has a child during the loan repayment period, she may want to drop down to part time, and that extends the repayment period.

Note that “part time” for my daughter is four days a week, 37-40 hours a week, unlike her original 50+ hours.
by bayview
Mon Jun 24, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 4374

Re: Triage in ER - charged $790

You need to pay it and move on with your life. ER clinicians have zero information about you and don't know if you are even telling them anything with accuracy, so yes, they need to confirm you aren't going to die. What if you left before seeing them and died later - might that have been worse than...
by bayview
Mon Jun 24, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 4374

Re: Triage in ER - charged $790

They can't charge you for a level 2 (or level 1) ED visit. You weren't seen by a physician/ NP/ PA. "Just nurses" can't code 9928x visits. The only E/M code that a nurse can use is 99211 for an established outpatient office visit. Call the hospital compliance officer and ask for a review of the note...
by bayview
Mon Jun 24, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 106
Views: 8933

Re: Frugal or cheap?

Well put bayvview, the question stems from is this a worthwhile item to spend on. I know we can afford to, but trying to balance long term finances with things we want. We dont spend on flashy cars or anything really, have been frugal in all other areas but the wife really wants this If you have a ...
by bayview
Sun Jun 23, 2019 8:49 pm
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 53
Views: 1769

Re: which is better schwab or fedelity ???

looking wrote:
Sun Jun 23, 2019 7:24 pm
I have vanguard account now and like to have another one,, which is better Schwab or fidelity ???

thank you
Why do you want to add another account/ brokerage account? What specific “improvement” are you looking for?
by bayview
Sun Jun 23, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 106
Views: 8933

Re: Frugal or cheap?

[OT comment removed by moderator oldcomputerguy] The issue/ question is whether OP has gone overboard in fiscal caution. That’s a legitimate question to be raised, along with what are reasonable limits on reno costs. We do tilt toward excessive savings here. In Boglehead-land, it’s easy to hyper-fo...
by bayview
Sun Jun 23, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 3103

Re: Sale of elderly parents' home

<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< No! She would get either her own benefit or half his benefit (survivor), whichever is higher. If she’s currently getting half his benefit, that’s all she’ll keep. This is what i...
by bayview
Sun Jun 23, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Which Fed Employee Health Insurance Plan?
Replies: 39
Views: 2501

Re: Which Fed Employee Health Insurance Plan?

We use BCBS Basic (as employee and retiree.) It has worked fine. One thing you might want to keep in mind is that if you have a “schedulable” high-dollar procedure (major joint replacement, etc) coming up, especially if it involves a lot of pre-op and post-op rehab, you might switch to the higher pl...
by bayview
Sun Jun 23, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiaries/TOD for Vanguard Joint Account
Replies: 35
Views: 6252

Re: Beneficiaries/TOD for Vanguard Joint Account

Danw wrote:
Sun Jun 23, 2019 4:43 pm
I have an old joint account with TOD. Can I keep this if I “upgrade” to a brokerage platform.
Wow, I have to say that I would be scared witless to do this if the TOD option were important. I certainly wouldn’t rely on anything the CSRs told me. :(
by bayview
Sun Jun 23, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 3103

Re: Sale of elderly parents' home

I agree that having that expensive of a house is not ideal but as long as there is a lot of home equity they may be able to get a reverse mortage if it is needed. The OPs location is listed as "SFBA" which I assume is the San Francisco Bay area so a million dollar+ home may not be all that fancy. I...
by bayview
Sun Jun 23, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 3103

Re: Sale of elderly parents' home

I agree that having that expensive of a house is not ideal but as long as there is a lot of home equity they may be able to get a reverse mortage if it is needed. The OPs location is listed as "SFBA" which I assume is the San Francisco Bay area so a million dollar+ home may not be all that fancy. I...
by bayview
Sun Jun 23, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Daughter: Vanguard, Fidelity, or Something Else
Replies: 20
Views: 1580

Re: Helping Daughter: Vanguard, Fidelity, or Something Else

She already has an account at Vanguard. Maybe it would be easiest if she just changes banks. + 1 2 Is there a bank or credit union associated with her school, and do they issue credit cards? It will probably be pretty vanilla-flavored (not a lot of cash back etc.) but should be enough for a new gra...
by bayview
Sun Jun 23, 2019 3:21 am
Forum: Personal Investments
Topic: Tax planning: implications of Muni Fund (VWITX)
Replies: 7
Views: 950

Re: Tax planning: implications of Muni Fund (VWITX)

Here's the link for the percentages of individual states in funds:

https://personal.vanguard.com/us/insigh ... guardfunds

then click on state-specific info on right (PDF format)
by bayview
Sun Jun 23, 2019 2:50 am
Forum: Personal Finance (Not Investing)
Topic: Wife considering returning to work
Replies: 40
Views: 4663

Re: Wife considering returning to work

...But I am completely okay with the fact that the years I spend at the highest career level - whatever that might be - will be many fewer than if I had not stayed home with my kids. I don't consider it a "sacrifice" as I refuse to accept that the default path in life is a linear work full-time str...
by bayview
Sat Jun 22, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone knew the answer where the money is
Replies: 29
Views: 4730

Re: Anyone knew the answer where the money is

OMG.....it looks like they did 100% transfer Fidelity Transaction history have shown 100% IRA account transfer including the Fidelity bond funds Fidelity representative said the transaction will take effective on Monday, its too late to un-do the transaction. What a mess? They won’t correct their o...
by bayview
Sat Jun 22, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone knew the answer where the money is
Replies: 29
Views: 4730

Re: Anyone knew the answer where the money is

Have you reviewed your order to see if what it states is what you wanted?

Because things do happen, to all of us. :shock: :D
by bayview
Fri Jun 21, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 96
Views: 5193

Re: How much is your guys’ fees for your 401k?

$0 for TSP (federal employee version of 410k).

Average 0.04% for expense fees, which is a separate topic, as OP noted.

edited to correct pesky decimal
by bayview
Mon Jun 17, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3209

Re: Maternity and Paternity leave policies

My employer (tech) offers 5 months fully paid. Mothers, fathers, biological or adopted. Everyone gets 5 months. It’s always refreshing to see acknowledgement that these (apparently) PITA babies are future employees and customers, and perhaps ought not to be regarded as parasites on the company bott...
by bayview
Mon Jun 17, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 3900

Re: Short-term money needs for Executor of Estate

Any suggestions for how much cash to have in a dedicated joint account for final expenses? This is assuming no mortgage, all bills current, x months of utilities and homeowners insurance, prepaid “final expenses” (uh, I hate the euphemisms of the funeral industry), current on any healthcare expense...
by bayview
Mon Jun 17, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 3900

Re: Short-term money needs for Executor of Estate

I’m fortunate (I guess; I’d like to have had a sibling) to be the successor trustee plus the executor of any residual estate. I doubt that there will be any pushback from the other beneficiaries (my children), especially as the trust specifically says that anyone who challenges any provision of the ...
by bayview
Mon Jun 17, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 3900

Re: Short-term money needs for Executor of Estate

Any suggestions for how much cash to have in a dedicated joint account for final expenses? This is assuming no mortgage, all bills current, x months of utilities and homeowners insurance, prepaid “final expenses” (uh, I hate the euphemisms of the funeral industry), current on any healthcare expenses...
by bayview
Mon Jun 17, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Bank won't give Medallion Signature Guarantee for anything related to savings bonds
Replies: 17
Views: 1898

Re: Bank won't give Medallion Signature Guarantee for anything related to savings bonds

1. Yes, it is common as more and more banks are refusing to sign a medallion. 2. The Treasury understands this, so I called them and they said to include a short letter to the effect, 'I tried to obtain a medallion signature but could not as the bank no longer performs them, so obtained a notary si...
by bayview
Thu Jun 13, 2019 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 337
Views: 26125

Re: Selling home- Demanding Buyer (Repairs)

I thought the final offer was your previous one. You allowed buyer to attend perc test with understanding that the price would be reduced by the written estimate. Why were they allowed to counter? I find this absurd that this run around is occurring 14 days before closing. Makes me think buyer is n...
by bayview
Thu Jun 13, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Got a refund today they only would put in back on the visa card. Later I found out that card has been closed nine months
Replies: 22
Views: 2475

Re: Got a refund today they only would put in back on the visa card. Later I found out that card has been closed nine mo

iamblessed wrote:
Thu Jun 13, 2019 12:47 pm
I closed several credit cards around the same time so I have no idea which one this was. The good news is it is not big money at stake.
Why did you close multiple credit cards around the same time?
by bayview
Thu Jun 13, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 337
Views: 26125

Re: Selling home- Demanding Buyer (Repairs)

Stop trying to come up with the elegant, perfect solution. Walk. Walk, walk, walk. Fix the septic per the report you had, fire your RA, get a new one (from a different agency unless you had a “come to Jesus” meeting with the former broker), get a new price (who knows, maybe even higher after your im...
by bayview
Thu Jun 13, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking account?

I used a revocable living trust for mom after she was diagnosed with dementia, with myself as co-trustee (not successor) Just did the same for another relative...moved their house and bank accounts into the trust. How were you able to set up a trust in her name once she had a dementia diagnosis? I ...
by bayview
Wed Jun 12, 2019 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 777
Views: 85989

Re: Fidelity as a one stop shop

Lots of banks do early direct deposit these days, I've noticed it with NFCU, Fidelity and Ally, and have heard USAA does it as well. If you're budgeting properly it shouldn't matter either way. My federal paycheck always showed up by 7:30 Thursday, always. Payday was Friday. Most other employees ha...
by bayview
Wed Jun 12, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking account?

I used a revocable living trust for mom after she was diagnosed with dementia, with myself as co-trustee (not successor) Just did the same for another relative...moved their house and bank accounts into the trust. How were you able to set up a trust in her name once she had a dementia diagnosis? I ...
by bayview
Tue Jun 11, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking account? UPDATE

I talked to the bank today. Turns out my General Durable Power of Attorney is good for 'Personal Finances,' but what that really means is I can ... ... withdraw and deposit funds from bank accounts belonging to Principal and to enter and remove contents of all safe deposit boxes rented by the princ...
by bayview
Mon Jun 10, 2019 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Late Life/End of Life Expenses
Replies: 38
Views: 3832

Re: Late Life/End of Life Expenses

The 2 excellent nursing homes in my area (both non-profits, which I think is important) run about $105k-$120k per year for completely self pay. Run the numbers. Unless you get hit with early-onset Alzheimer’s, spinal trauma, MS/ALS etc., it’s not completely unreasonable to have 5 years or so in fund...
by bayview
Mon Jun 10, 2019 4:10 am
Forum: Personal Finance (Not Investing)
Topic: 22 Years Old - Which credit card to begin with?
Replies: 44
Views: 3476

Re: 22 Years Old - Which credit card to begin with?

IF (only if) you get rejected for insufficient credit history, etc., get a personal loan from your university bank/CU. Borrow $500, let it report once (show up as amount due), and then pay it off. Bingo, you have credit history. If you want to drag it out, make the payments over three months. Any in...
by bayview
Mon Jun 10, 2019 4:04 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 9423

Re: Do you carry Umbrella Insurance?

$2M, and it's overkill now that we have unloaded our rental property, but it's cheap. The increased premium might be the equivalent of a few nights' out for dinner, and falls in the "not worth worrying about" category.
by bayview
Mon Jun 10, 2019 3:37 am
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 3952

Re: Checks without my account number

I'm curious, because I'm moving my mother's b&m funds to Vanguard Treasury MM: Is this potentially an issue with VG as well, if you have checkwriting set up? I know that VA is sadly gone. This is for checks >$250 drawn on a VG account. The plan is to pay my mother's nursing home expenses from VG Tre...
by bayview
Sun Jun 09, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking account?

Some money should be left in the estate, not POD. ... You also should assume that some expenses may need to be paid before you have official documentation as the executor, such as at least partial payment to the funeral home. Anyone know if the checking account was changed to my being a joint owner...
by bayview
Sun Jun 09, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking accou

Some money should be left in the estate, not POD. ... You also should assume that some expenses may need to be paid before you have official documentation as the executor, such as at least partial payment to the funeral home. Anyone know if the checking account was changed to my being a joint owner...
by bayview
Sun Jun 09, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions on fraudulent medical bill
Replies: 88
Views: 6175

Re: Suggestions on fraudulent medical bill

I have only heard one side of the story and so I wont comment on this particular instance. However for clinic follow up visits I frequently (and legitimately) bill level 2, level 3 and level 4 without coming within 5 feet of the patient. I do speak with the patient but an exam requiring touching th...
by bayview
Sat Jun 08, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2751

Re: Is POD the best designation for Mom’s checking account?

Couple more questions : 1) Does joint ownership (JTWROS) allow the account to stay open and immediately accessible to the remaining owner after one of the owners has died? 2) Are there any issues with being a joint owner of an account while simultaneously being a POA for another joint owner. 3) If ...