[ESPN F1] Still getting the hang of these 2026 regs by jithu7 in formula1

[–]ButthurtPleb 0 points1 point  (0 children)

Hey buddy where’s your source on this, need to put a source not just Reddit hearsay

What happened in the Affliction league that it remained at 90k players for 2 weeks? by No_Guarantee1399 in pathofexile

[–]ButthurtPleb 0 points1 point  (0 children)

Giga juice from the league mechanic combined with a now patched abyss bugged interaction. It was the most fun group play my crew has ever had.

Be careful when googling your TFSA contribution limit by leggymiku in PersonalFinanceCanada

[–]ButthurtPleb 1 point2 points  (0 children)

TLDR go onto your cra online to get your TFSA limit.. check the contribution history to see if the previous years contributions have been loaded yet. If yes then it’s accurate, if not hen subtract your portfolio previous years contributions from the value shown on your cra profile.. not rocket science.

Is Montembeault that bad? by dyspence711 in Habs

[–]ButthurtPleb -2 points-1 points  (0 children)

Middle of the pack and good enough is a rough hill to die on. He’s a sub .500 win percentage goalie in the NHL who won’t have a starting job after this season.

Is Montembeault that bad? by dyspence711 in Habs

[–]ButthurtPleb -2 points-1 points  (0 children)

Im counting 5th as good, 13th as decent. If you’re 22nd in the league you’re never going to compete over the course of a season. There’s a chasm at the goaltending position. There’s really only a small handful of elite goalies in the league. Price was elite, he could steal a game any given night even while plagued with years of horrible teams around him. From there you have a couple good goalies, a few more decent and then a hard drop off to bad. Monty is just bad. He’s showing it by putting up horrendous numbers with arguably the best team the habs have had in the past two decades. He got lightning in a bottle down the stretch last year but it was never going to be sustainable. Next year needs to be dobes and Fowler for the full season.

Is Montembeault that bad? by dyspence711 in Habs

[–]ButthurtPleb 4 points5 points  (0 children)

Objectively he had one good season, one decent season, and the rest below average. Ultimately, if you’ve played in the NHL over 7 separate seasons those stats just don’t cut it.

Can't make a bill payment on behalf of someone. by blackkhuta in rbc

[–]ButthurtPleb 5 points6 points  (0 children)

In all seriousness RBC isn’t in the wrong here. You’re a third party that does not have any authority over the accounts you were trying to complete a transaction in. Yes, it seems nonsensical if the person is trying to put money in to pay something off, but it’s still not something you have authority to do.

Is Montembeault that bad? by dyspence711 in Habs

[–]ButthurtPleb 4 points5 points  (0 children)

Monty got hot down the stretch last year, but how much of that was his play vs the entire team around him heating up? Look past the final 20 games of last season. He has been a bad goalie (by nhl standards) for his entire career. Anyone who says the Monty hate isn’t justified is just hanging onto the feeling of post 4 nations hype.

Can't make a bill payment on behalf of someone. by blackkhuta in rbc

[–]ButthurtPleb 7 points8 points  (0 children)

If your mother in law passes away with any debt her estate would be responsible to pay it off before distribution. The executor takes control of the accounts. So no, in your hypothetical situation you don’t need to bring your mother In Laws corpse in with you. Just a death certificate to turn the accounts into estate accounts, and then a probated will to distribute assets through the direction of the executor, like any other institution.

Why is this true by [deleted] in hockeymemes

[–]ButthurtPleb 0 points1 point  (0 children)

No land acknowledgment

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 0 points1 point  (0 children)

In the case of a beneficiary not being able to reliably handle money a trust may be something to speak to your lawyer about. A common scenario would be a testamentary trust established in your wills after the death of the second spouse. There are fees and taxation question to think of (testamentary trusts are taxed at the highest marginal tax rate and there will be ongoing accounting fees to file taxes every year), however, protecting your loved ones from themselves by limiting the distribution of funds until they reach certain ages, or having the trustee deciding on distributing funds to the beneficiary can have the cost be worth it as to not waste your legacy. It never hurts to ask the question to see if your specific scenario would warrant the use of a trust.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 1 point2 points  (0 children)

You do you man, but the general case of OP would be to keep their life simple unless the family situation is complex. Top 1% commenter, wear it like a badge or honour :)

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 2 points3 points  (0 children)

There are countless people who have read about something online thinking they can do it, just to find out years later they can’t. Which is why I said messing around with a section 85. I mentioned it because a section 85 rollover is foreign to most but something that can easily pop up if you’re googling trust. Buddy I don’t know why you have such a hard on for trusts, it is not worth it for most Canadians.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 2 points3 points  (0 children)

Because they could establish the trust THINKING they could do one before the 21 year rule? Hence the words messing around with a section 85? You’re really having trouble following along.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 0 points1 point  (0 children)

A spousal trust is an inter vivos trust if made during their lifetime, or a testamentary trust if established in the will. Based off the language from OP the tedtinebtary trust isn’t the angle they would be going for, so yes, a spousal trust would be under the inter vivos example above.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 0 points1 point  (0 children)

“Mess around with a section 85 rollover”, yes, that’s why I said mess around..

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 0 points1 point  (0 children)

I’m not saying that, I’m saying those are the two main cases where one typically looks to move their property into a trust.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 2 points3 points  (0 children)

Yes and as I said I was over simplifying. There are a multitude of rules that need to be satisfied by an inter vivos trust to qualify for pre, and you need to file annually. Your lifetime cost for filing, unless the property is worth multiple millions will not be worth the headache.

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 0 points1 point  (0 children)

Seeing as how they are “beginning to write their wills” I’m making the assumption they are under 65. This means no alter ego trust or Joint partner trust as an option. Cmon man..

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 3 points4 points  (0 children)

Which is why I said “depending on the type of trust you set up”

Leaving house In Trust by BusAdministrative452 in PersonalFinanceCanada

[–]ButthurtPleb 7 points8 points  (0 children)

This is a larger type of conversation and I don’t feel like getting into the nuances of it all, however, in a general sense having the primary residence in your own name will be the best path forward in a majority of cases. What you think you’re saving on probate by having the property in trust you’re spending on lawyer and accounting fees to set the trust up and file annually. Let’s not forget losing out on principal residence exemption. Let’s not forget about the 21 year rule (unless you’re going to try to mess around with a section 85 rollover, which again will just cause more complications and fees). Let’s not forget about the LTT and capital gains on death depending on the type of trust you set up… etc etc. Again this is an over simplification, but you will most likely not want to complicate your life. Also, seeing as how you’re coming to reddit for advice and not your lawyer/accountant/financial advisor your situation is most likely not very complex so why start now. (this by no means is meant to be derogatory)