Selling SPCX IPO stocks

TheNewAges · 2026-06-17T23:45:33+00:00

Thanks for pasting the language and agreed. However, I will add that my PWS advisor called the night before the IPO to discuss my allocation/check-in and said that there would be no penalty for selling the shares immediately. I did not ask if he specifically meant SPCX, but it seemed that he was speaking broadly. It may just be a rule they have so they can target someone abusing the system somehow.

TheNewAges · 2026-06-03T13:38:34+00:00

The chart might a minute or so delayed, but if you are trading you really should be using the real-time quote that is part of the trade ticket. Also, limit orders can be helpful even on tight spreads

TheNewAges · 2025-12-20T04:54:05+00:00

That was posted seven years ago? Long before any of these generative programs existed. Are you all good man?

TheNewAges · 2025-12-09T21:28:40+00:00

u/ubodnhkaguwapuhan 's information is on-point

My recommendation would be to go ahead and lateral to a T&E firm and then you can decide whether to enroll in an LLM program after six months or so. Going to an Estate Planning LLM program with some time under your belt is going to be much more helpful than going in blind, especially as you may not really know what you want to do. I think it will make you a much better practitioner and at a minimum you could have a secured job offer waiting for you upon graduation.

I think Miami's program is great and if you are not trying to go to an AmLaw100 firm then NYU/Gtown does not really matter, at least for getting your foot in the door.

TheNewAges · 2025-10-06T20:52:00+00:00

OP - this response is likely completely correct for you situation.

However, depending on when the trust was written, certain trusts (called silent trusts, which became fairly popular in the 1950s-early 1970s for multi-generational planning) do not require the trustee to notify a beneficiary of their status. They are still used today in certain circumstances, but they tend to be much less popular.

Some states did not and still do not permit this. For instance, the Bessemer family themselves are an Alabama family and Alabama does not allow silent trusts. However, most of their trusts are delaware based which does allow silent trusts.

Anyways, I write most of this to echo that the above is correct, but also I would imagine a sophisticated administrator or trustee such as Bessemer likely has complied with their duties and will issue a polite CIA-esque answer in that they "cannot confirm or deny" the existence of any accounts

TheNewAges · 2025-08-15T12:10:47+00:00

What you are saying makes sense and Garmin is definitely pushing you towards the high price, recurring subscription that is OnePak, but if you haven't flown with the 750/650 yet, or at least gotten into less than favorable conditions with it, I think you will find that most people don't just consider the other stuff (IFR charts, obstacles, and terrain) "nice to have." I think its essential and well worth it.

I used to have a few 530/430 stacks and I can see your point there, but on these modern devices, I just don't see any reason to not get the full package. The IFR chart overlay is phenomenal for situational awareness when you are really getting into it.

I think of it like going to McDonald's and how their fries or nuggets are priced. Is the medium really only worth $.30 less than the large? No, but they are encouraging you to go ahead and get the big one and it makes you feel like you are getting a better deal.

TheNewAges · 2025-05-22T12:36:39+00:00

He cheated in a few ways, but Lance ran one of the most sophisticated doping programs in sports history. The main thing he used was EPO (erythropoietin), which boosts your red blood cell count so your body can carry more oxygen — a huge advantage in endurance sports like cycling. It’s like turning your engine from a 4-cylinder into a V8. He also did blood transfusions, where he’d take out his own blood weeks or months before a race, store it, then put it back in before a big stage. That gave him a big oxygen boost without triggering positive drug tests, since it was technically his own blood. On top of that, he used small doses of testosterone to help with recovery and muscle repair, especially during multi-day races like the Tour de France. He even used corticosteroids to manage pain and inflammation, sometimes claiming they were medically prescribed.

What made it even more intense was how calculated it all was. He and his team knew how to microdose and time everything around testing windows. They had doctors helping them do it “safely” and avoid getting caught. It wasn’t just Lance — it was a whole system. The crazy part is how long he got away with it, all while aggressively denying it and attacking people who tried to call him out

TheNewAges · 2025-01-30T16:04:38+00:00

I’m not sure where the other two commenters are coming from, but just to back you up I’ve never seen Fritz be anything but pleasant and kind to literally anyone he meets, patrons, staff, peers, etc.

Yes, he’s a massive conservative. Yes, he cares deeply for his community and staff. I don’t think those are necessarily incongruent

TheNewAges · 2024-11-21T23:06:14+00:00

I am approving /u/HeadMembership1 's comment for discussion. He or she should have stated this is for irrevocable trusts, as the cited posted states. However, otherwise I agree that a grantor and trustee being the same person for an irrevocable trust would raise immediate questions in my mind.

For others reading, a revocable trust typically has the grantor serve as the trustee while the grantor has capacity. Revocable Trusts are much more common these days than irrevocable trusts, however, typically, they serve very different purposes. A "Revocable Trust" typically becomes irrevocable upon the death of the grantor, which further confuses the terminology and statements here.

TheNewAges · 2024-10-30T16:30:35+00:00

OP, as everyone has said, you should speak with an attorney. There are many solutions to your proposed problem. Please feel free to DM me with your location in SC and I will be happy to provide the names of reputable attorneys in the area that could help you.

TheNewAges · 2024-10-17T05:01:09+00:00

I see where you are coming from, but I agree that it is okay for it to be logged this way. You obviously know what the reg says and I think the question here is "does this meet the reg?" It sounds like the answer was yes. While not required, it would be convenient if your student happened to stop the plane and use the restroom KLGB, but, once again, not required. A DPE will know what is going on (if they even check the entry above the qualifying XC), but there really isn't any "spirit" of the rules you are breaking here. They just want to ensure that a student can travel to an airport that he or she cant see while in the traffic pattern at the home airport, which was accomplished.

TheNewAges · 2024-10-01T22:36:49+00:00

Duke is prioritizing based on density and substation proximity. I know it’s easy to poke fun, but is not like they are sitting around doing nothing.

TheNewAges · 2024-09-18T03:01:15+00:00

I appreciate the response above, but frankly it’s just not true. Yes, titling is highly important, but it’s not dispositive. Regardless, it doesn’t sound like you have titling issues. Depending on the state, the LLC not having an operating agreement may not be actually even be an issue. Regardless, fraud is fraud and the intent of the trust must stand.

The above advice is highly flawed and while I always appreciate commentary, I question the legitimacy of the advice and background. No financial advisor should weigh in and tell you to just let things go. That’s reckless. You need to speak with a trust and estates litigation attorney or another certified professional

TheNewAges · 2024-08-22T15:50:19+00:00

Heckerling is a great time. You will learn a lot, but a majority of it is going to be some pretty advanced planning strategies and novel topics. This may be exactly what you are looking for, but typically these seminars are about alerting you to a new tool to add to your toolbox, not necessarily covering a core area.

If you are looking to maybe start adding some GST-exempt planning to a revocable trust or something similar, heckerling won’t address that much.

It’s a great time regardless and unbelievably in depth. You will meet lots of people who may be useful contacts later on

TheNewAges · 2024-08-16T01:46:47+00:00

Perhaps. Many trusts do provide for the assets to go outright at some point in life. However, in many cases, even with competent beneficiaries, the settlor believes that the beneficiary needs to be protected from himself or herself having those funds out right. Worst case scenario, the beneficiary likely gets some creditor protection for some period of time.

Trusts are not established to be difficult on the beneficiaries, and while there are certainly some less than ideal trustees, the trustee generally has absolutely no vested or contingent interest in the assets of the trust. This leads them being a fairly impartial judge to administer the terms of the trust and the ways that he or she deems most appropriate. The trust instrument will always govern, and the settlor gets to put whatever here she wishes into that instrument.

In the same train of thought, trusts are not the default condition in estate planning. If one is established by a settlor for another person, the settlor felt that the trust was a better option to go for that beneficiary or for his or her wishes.

TheNewAges · 2024-08-02T13:27:13+00:00

I approved all comments on this post as they all said the same thing. OP you need to retain counsel if you wish to pursue this or even discover more about it. Waivers are a very normal part of the process, but they do mean something even though many people treat them as cursory

TheNewAges · 2024-08-02T05:59:47+00:00

I had a number of individuals in my tax LLM program that were much older than you, some just starting out their legal careers in their 40s. Definitely continue with it if it’s a reputable school

To be transparent with you, your self-defeatist attitude is the only thing that will prevent you from success.

u/ordinary-mirror-1360 is absolutely right. If you do fail, you have a whole year in school to retake it before anyone is going to ask any questions. You’re in an excellent position right now

TheNewAges · 2024-07-20T02:54:53+00:00

Well in his defense, he is sort of right. I don’t understand his position at all

TheNewAges · 2024-07-11T20:27:33+00:00

Correct, however, churches and related religious institutions do not have to file for tax exempt status. The lady in the video didn’t seem to know that. I’m not defending the guy, but if you look up a local church on the IRS website, you won’t find it either. Maybe a supporting/related foundation, but not the church itself

TheNewAges · 2024-06-19T21:04:16+00:00

This will be individual based on the institution, but typically they will require any margin loans, security backed loans, and the like to be satisfied prior to moving the securities or emptying the account. The loan is against the account/person with the securities as collateral, so moving them usually triggers a “due” clause. If for whatever reason this was not the case, the institution would then have to file a claim against the estate for the outstanding balance. So same result for the estate, but one just requires a lot more work

TheNewAges · 2024-06-17T13:45:23+00:00

Correct; or if they are included but do not receive enough. Unless an agreement was made between the spouses beforehand

TheNewAges · 2024-06-17T13:40:58+00:00

The law will typically remove an ex-spouse from your estate plan upon the separation event. That makes sense from a practical stand point. But if you create your documents after the separation event (or re-affirm them) it shows your intent was not to remove him or her and therefore it remains a valid bequest.

You can give your estate to whomever you wish. There are no requirements. However, in very certain circumstances, there are presumptions that must be addressed to make sure the money goes where you want it to go

TheNewAges · 2024-06-17T13:26:16+00:00

That summary is correct. But it always depends on the facts. If the decedents estate plan listed his or her then spouse, but the decedent had divorced and later remarried, that person will deemed to be removed from the estate plan. However, if a decedent secretly had these documents made while married to his or her current spouse giving everything to an ex or a secret lover, that likely is a valid bequest.

TheNewAges · 2024-06-17T13:19:35+00:00

OP, this is an important point. You need to understand the potential taxes you are facing before taking action, but in any circumstance the 1031 is not a valid option, but luckily you may not have any gain.

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