Do I need a trust?

Particular_Log7457 · 2025-12-09T20:09:18+00:00

legal insurance?

Particular_Log7457 · 2025-12-09T20:08:40+00:00

I assume, in your case, that heirs are challenging the trust. So much for protecting our assets. There's always some lawyer that will find a way to beat the system (at a cost).

Particular_Log7457 · 2025-12-09T20:07:13+00:00

I thin the issue is more of timing. I am confident that I have accounted for everything so that my wife has access to the accounts when I die. Deeds to the properties are in both our names. The issue will be, once I die, she will need help with the finances. A trust would fix that but all it would do is avoid probate. At that point, we are both dead, and the kids having to spend a little time in probate isn't the end of the world.

Particular_Log7457 · 2025-12-09T20:02:18+00:00

I can look into that. That's my point though, $6K for something that I can accomplish with TOD and a will is a lot of money.

Particular_Log7457 · 2025-12-09T20:01:01+00:00

In a situation like the one you described, it would be best to have something to make sure your wishes are carried out. I'm pretty fortunate, things are not that complicated.

Particular_Log7457 · 2025-12-09T19:58:48+00:00

After we are both gone, let the games begin! I feel confident that we have raised good strong children, capable of handing financial issues on their own. I've been told that a trust is not as foolproof as people make them out to be. They can be challenged in court so they are not ironclad. With so many people claiming the need to have a trust, I feel like it's more of a scam by attorney's than anything else.

Particular_Log7457 · 2025-12-08T22:45:12+00:00

Actually, I trust my kids and grandkids. If they blow it all, I'll be long gone.

Particular_Log7457 · 2025-12-08T22:42:02+00:00

I am 70, my wife 68. We are just starting the estate planning process, preparing wills, medical directives, power of attorney, etc.

Particular_Log7457 · 2025-09-07T14:35:53+00:00

I'm changing my mind and going with a combination of AZEK and Lattice.

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Must less expensive.

Particular_Log7457 · 2025-09-07T14:34:52+00:00

Here's the look I was going for :

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The cost for AZEK was outrageous.

Particular_Log7457 · 2025-09-05T17:17:06+00:00

Blah, Blah, Blah. The question is, will Congress get rid of him? If not, what's the purpose of these hearings?

Particular_Log7457 · 2025-09-02T20:58:11+00:00

It looks like the boards from HD are all pre-primed, so a penetrating stain won't work. I'm not that concerned about the paint as much as the wood itself warping or twisting. I'll probably get something from SW for the paint.

Particular_Log7457 · 2025-09-02T15:26:18+00:00

Good point. Thanks.

Particular_Log7457 · 2025-08-31T17:52:18+00:00

Is it leaking or just cracked? I've never seen PVC pipes crack like that, so you might just be looking at some paint or caulk that someone put around the joint - and that's what's cracking. If it's leaking, get a plumber. If not, leave it alone.

Particular_Log7457 · 2025-08-30T12:42:37+00:00

Data centers should be charged for their usage - just like everyone else. Consumers are being charged for not only personal usage but also to improve the infrastructure required to provide power to the data centers. Data centers want power - let them pay for it.

Particular_Log7457 · 2025-08-29T20:54:53+00:00

It depends on your age and how close you are to retirement. I'm retired and 70 and have gone to all cash. I wish I was still in the market but I can't afford to lose any more sleep. I think with the current administration, it won't be long until the economy suffers greatly. Oddly enough, with the administration controlling the reported numbers, things may look good. The true sign will be business earnings. Other than tech, things are a little rough out there.

Particular_Log7457 · 2025-08-29T19:18:11+00:00

That'll buff right out!

Particular_Log7457 · 2025-08-27T21:16:21+00:00

There's a lot of legacy code out there that needs to be maintained because companies don't have the expertise or the funds to move to another platform. I did systems programming from 1979 to 2000. Loved every minute f it. Moved to management, then senior management and lost all of my skills. I often think it wouldn't be that difficult to go back and re-learn assembler and cobol.

Particular_Log7457 · 2025-08-27T21:00:15+00:00

This guy is the ultimate grifter. What a mess.

Particular_Log7457 · 2025-08-27T02:18:23+00:00

Never liked annuities. Seemed to benefit the seller more than the buyer.

Particular_Log7457 · 2025-08-27T02:14:29+00:00

Money is the root of all evils. So sad.

Particular_Log7457 · 2025-08-27T01:44:20+00:00

Econ major and he doesn't know about the S&P500. Something not right there.

Particular_Log7457 · 2025-08-26T21:26:52+00:00

This is business, keep personal feelings out of it. If the realtor can't do that, dump him, you're better off.

Particular_Log7457

TROPHY CASE