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susa.
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March 18, 2008 at 11:56 AM #172745March 18, 2008 at 12:04 PM #172731
CoronitaParticipantI should add.
You obviously spent a lot of time saving/investing wisely. There are a couple of reasons why I stopped trying to do things "myself". Time, and knowledge.
There are three things I say one should never skimp on:
1) Legal advice
2) Insurance (particularly liability/umbrella).
3) Medical advice.
As such, my grandpa (who was a politician) always reminded me to have three friends or relatives: a lawyer, a banker/investment advisor, a doctor. (I'm 1 for 3 right now).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 18, 2008 at 12:04 PM #172830CoronitaParticipantI should add.
You obviously spent a lot of time saving/investing wisely. There are a couple of reasons why I stopped trying to do things "myself". Time, and knowledge.
There are three things I say one should never skimp on:
1) Legal advice
2) Insurance (particularly liability/umbrella).
3) Medical advice.
As such, my grandpa (who was a politician) always reminded me to have three friends or relatives: a lawyer, a banker/investment advisor, a doctor. (I'm 1 for 3 right now).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 18, 2008 at 12:04 PM #172752CoronitaParticipantI should add.
You obviously spent a lot of time saving/investing wisely. There are a couple of reasons why I stopped trying to do things "myself". Time, and knowledge.
There are three things I say one should never skimp on:
1) Legal advice
2) Insurance (particularly liability/umbrella).
3) Medical advice.
As such, my grandpa (who was a politician) always reminded me to have three friends or relatives: a lawyer, a banker/investment advisor, a doctor. (I'm 1 for 3 right now).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 18, 2008 at 12:04 PM #172727CoronitaParticipantI should add.
You obviously spent a lot of time saving/investing wisely. There are a couple of reasons why I stopped trying to do things "myself". Time, and knowledge.
There are three things I say one should never skimp on:
1) Legal advice
2) Insurance (particularly liability/umbrella).
3) Medical advice.
As such, my grandpa (who was a politician) always reminded me to have three friends or relatives: a lawyer, a banker/investment advisor, a doctor. (I'm 1 for 3 right now).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 18, 2008 at 12:04 PM #172392CoronitaParticipantI should add.
You obviously spent a lot of time saving/investing wisely. There are a couple of reasons why I stopped trying to do things "myself". Time, and knowledge.
There are three things I say one should never skimp on:
1) Legal advice
2) Insurance (particularly liability/umbrella).
3) Medical advice.
As such, my grandpa (who was a politician) always reminded me to have three friends or relatives: a lawyer, a banker/investment advisor, a doctor. (I'm 1 for 3 right now).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 18, 2008 at 1:06 PM #172766patientlywaiting
ParticipantFLU wrote:
If you think income taxes are bad, wait until you die and the inheritance tax kicks in.
—The estate tax limit it now $2 million. It’ll be $3.5 million in 2009. There’s talk about repealing the estate tax altogether.
It’s not the estate tax that affects most people. It’s the cost of probate. Probate is a bigger issue than estate taxes for most families.
The probate process is notoriously corrupt with judges and lawyers eating up a big chunk of a legacy.
It’s best to transfer your assets during your lifetime so you control who gets what and you get to enjoy seeing your hard work benefiting a loved one or a worthy cause.
I recommend reading a book first so you understand the process. Then after you have an understanding, talk to a tax professional.
March 18, 2008 at 1:06 PM #172771ParticipantFLU wrote:
If you think income taxes are bad, wait until you die and the inheritance tax kicks in.
—The estate tax limit it now $2 million. It’ll be $3.5 million in 2009. There’s talk about repealing the estate tax altogether.
It’s not the estate tax that affects most people. It’s the cost of probate. Probate is a bigger issue than estate taxes for most families.
The probate process is notoriously corrupt with judges and lawyers eating up a big chunk of a legacy.
It’s best to transfer your assets during your lifetime so you control who gets what and you get to enjoy seeing your hard work benefiting a loved one or a worthy cause.
I recommend reading a book first so you understand the process. Then after you have an understanding, talk to a tax professional.
March 18, 2008 at 1:06 PM #172789ParticipantFLU wrote:
If you think income taxes are bad, wait until you die and the inheritance tax kicks in.
—The estate tax limit it now $2 million. It’ll be $3.5 million in 2009. There’s talk about repealing the estate tax altogether.
It’s not the estate tax that affects most people. It’s the cost of probate. Probate is a bigger issue than estate taxes for most families.
The probate process is notoriously corrupt with judges and lawyers eating up a big chunk of a legacy.
It’s best to transfer your assets during your lifetime so you control who gets what and you get to enjoy seeing your hard work benefiting a loved one or a worthy cause.
I recommend reading a book first so you understand the process. Then after you have an understanding, talk to a tax professional.
March 18, 2008 at 1:06 PM #172432ParticipantFLU wrote:
If you think income taxes are bad, wait until you die and the inheritance tax kicks in.
—The estate tax limit it now $2 million. It’ll be $3.5 million in 2009. There’s talk about repealing the estate tax altogether.
It’s not the estate tax that affects most people. It’s the cost of probate. Probate is a bigger issue than estate taxes for most families.
The probate process is notoriously corrupt with judges and lawyers eating up a big chunk of a legacy.
It’s best to transfer your assets during your lifetime so you control who gets what and you get to enjoy seeing your hard work benefiting a loved one or a worthy cause.
I recommend reading a book first so you understand the process. Then after you have an understanding, talk to a tax professional.
March 18, 2008 at 1:06 PM #172871ParticipantFLU wrote:
If you think income taxes are bad, wait until you die and the inheritance tax kicks in.
—The estate tax limit it now $2 million. It’ll be $3.5 million in 2009. There’s talk about repealing the estate tax altogether.
It’s not the estate tax that affects most people. It’s the cost of probate. Probate is a bigger issue than estate taxes for most families.
The probate process is notoriously corrupt with judges and lawyers eating up a big chunk of a legacy.
It’s best to transfer your assets during your lifetime so you control who gets what and you get to enjoy seeing your hard work benefiting a loved one or a worthy cause.
I recommend reading a book first so you understand the process. Then after you have an understanding, talk to a tax professional.
March 18, 2008 at 1:12 PM #172776susa
Participanthave used http://www.nolo.com/ and it’s services & books
March 18, 2008 at 1:12 PM #172782Participanthave used http://www.nolo.com/ and it’s services & books
March 18, 2008 at 1:12 PM #172799Participanthave used http://www.nolo.com/ and it’s services & books
March 18, 2008 at 1:12 PM #172442Participanthave used http://www.nolo.com/ and it’s services & books
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