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July 25, 2011 at 5:39 PM #18969July 25, 2011 at 6:41 PM #712694
KIBU
ParticipantGeez louis, you are doing way better than many people much older than you are. Congrats and keep it up. Next time, though, don’t post everything, you never know who can get your info coupling with your computer info as well 🙂
July 25, 2011 at 6:41 PM #712788ParticipantGeez louis, you are doing way better than many people much older than you are. Congrats and keep it up. Next time, though, don’t post everything, you never know who can get your info coupling with your computer info as well 🙂
July 25, 2011 at 6:41 PM #713896ParticipantGeez louis, you are doing way better than many people much older than you are. Congrats and keep it up. Next time, though, don’t post everything, you never know who can get your info coupling with your computer info as well 🙂
July 25, 2011 at 6:41 PM #713540ParticipantGeez louis, you are doing way better than many people much older than you are. Congrats and keep it up. Next time, though, don’t post everything, you never know who can get your info coupling with your computer info as well 🙂
July 25, 2011 at 6:41 PM #713386ParticipantGeez louis, you are doing way better than many people much older than you are. Congrats and keep it up. Next time, though, don’t post everything, you never know who can get your info coupling with your computer info as well 🙂
July 25, 2011 at 7:29 PM #712699an
ParticipantAgree with Kibu. You revealed too much info about yourself.
July 25, 2011 at 7:29 PM #712793ParticipantAgree with Kibu. You revealed too much info about yourself.
July 25, 2011 at 7:29 PM #713901ParticipantAgree with Kibu. You revealed too much info about yourself.
July 25, 2011 at 7:29 PM #713545ParticipantAgree with Kibu. You revealed too much info about yourself.
July 25, 2011 at 7:29 PM #713391ParticipantAgree with Kibu. You revealed too much info about yourself.
July 26, 2011 at 6:02 AM #713550carlsbadworker
ParticipantI am doing some research on this recently and based on my preliminary reading, you don’t need living trust at all.
You don’t need and sometimes cannot put retirement savings in the living trust, naming a beneficiary will allow the money to be transferred at death without probate. The only reason to put the retirement fund into trust is to form an AB trust, but you don’t have enough assets to do so.
Brokerage account can be held in joint accounts, unless for the unlikely event that both you and your wife die at the same time.
For term life insurance, the beneficiary can also receive the proceeds outside of probate. Again, you only need trust if you and your wife die at the same time and the proceed cannot be paid until your children became legal adults (i.e. naming a trustee becomes necessary).
Home equity is the only thing worth protecting in your case. And $1,000 for $50,000 is really an unfavorable odd, unless you are planning some extreme risky activities in the near term.
Disclaimer: I am not a lawyer and cannot offer legal advice.
July 26, 2011 at 6:02 AM #713906ParticipantI am doing some research on this recently and based on my preliminary reading, you don’t need living trust at all.
You don’t need and sometimes cannot put retirement savings in the living trust, naming a beneficiary will allow the money to be transferred at death without probate. The only reason to put the retirement fund into trust is to form an AB trust, but you don’t have enough assets to do so.
Brokerage account can be held in joint accounts, unless for the unlikely event that both you and your wife die at the same time.
For term life insurance, the beneficiary can also receive the proceeds outside of probate. Again, you only need trust if you and your wife die at the same time and the proceed cannot be paid until your children became legal adults (i.e. naming a trustee becomes necessary).
Home equity is the only thing worth protecting in your case. And $1,000 for $50,000 is really an unfavorable odd, unless you are planning some extreme risky activities in the near term.
Disclaimer: I am not a lawyer and cannot offer legal advice.
July 26, 2011 at 6:02 AM #713396ParticipantI am doing some research on this recently and based on my preliminary reading, you don’t need living trust at all.
You don’t need and sometimes cannot put retirement savings in the living trust, naming a beneficiary will allow the money to be transferred at death without probate. The only reason to put the retirement fund into trust is to form an AB trust, but you don’t have enough assets to do so.
Brokerage account can be held in joint accounts, unless for the unlikely event that both you and your wife die at the same time.
For term life insurance, the beneficiary can also receive the proceeds outside of probate. Again, you only need trust if you and your wife die at the same time and the proceed cannot be paid until your children became legal adults (i.e. naming a trustee becomes necessary).
Home equity is the only thing worth protecting in your case. And $1,000 for $50,000 is really an unfavorable odd, unless you are planning some extreme risky activities in the near term.
Disclaimer: I am not a lawyer and cannot offer legal advice.
July 26, 2011 at 6:02 AM #712798ParticipantI am doing some research on this recently and based on my preliminary reading, you don’t need living trust at all.
You don’t need and sometimes cannot put retirement savings in the living trust, naming a beneficiary will allow the money to be transferred at death without probate. The only reason to put the retirement fund into trust is to form an AB trust, but you don’t have enough assets to do so.
Brokerage account can be held in joint accounts, unless for the unlikely event that both you and your wife die at the same time.
For term life insurance, the beneficiary can also receive the proceeds outside of probate. Again, you only need trust if you and your wife die at the same time and the proceed cannot be paid until your children became legal adults (i.e. naming a trustee becomes necessary).
Home equity is the only thing worth protecting in your case. And $1,000 for $50,000 is really an unfavorable odd, unless you are planning some extreme risky activities in the near term.
Disclaimer: I am not a lawyer and cannot offer legal advice.
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