Estates

[mrsmaalox]

Yesterday I received a very nice check for my share of my grandparents estate, the only thing is....my grandparents passed away 20 YEARS AGO! There were no family fights over the estate (minus one glitch about the sale of their house that happened after one of their heirs--my mom--passed away before it was complete). I just took another look at 2120's thread about the mess his family is in over their parents estate and damn, it's hard to believe it could drag on for over 20 years! All of us with a job and a little savings, no matter what age, really should start directing what will happen with our assets before someone else does it for us. Don't let the bullies in the family, or in my family's case, the adorable drunk uncle, dictate what you worked so hard for!

Now for my question----best ways I can avoid paying taxes on it? :lol

[cantthinkofanything]

Yesterday I received a very nice check for my share of my grandparents estate, the only thing is....my grandparents passed away 20 YEARS AGO! There were no family fights over the estate (minus one glitch about the sale of their house that happened after one of their heirs--my mom--passed away before it was complete). I just took another look at 2120's thread about the mess his family is in over their parents estate and damn, it's hard to believe it could drag on for over 20 years! All of us with a job and a little savings, no matter what age, really should start directing what will happen with our assets before someone else does it for us. Don't let the bullies in the family, or in my family's case, the adorable drunk uncle, dictate what you worked so hard for!

Now for my question----best ways I can avoid paying taxes on it? :lol

Unless it's a shitload of money, you shouldn't have to pay any taxes.

[cantthinkofanything]

Unless it's a shitload of money, you shouldn't have to pay any taxes.

maybe that was too short an answer.

Was the money sitting somewhere earning interest?
Also, I'm not sure what the estate tax rules were 20 years ago.

you should probably check with the NBA forum.

[mrsmaalox]

maybe that was too short an answer.

Was the money sitting somewhere earning interest?
Also, I'm not sure what the estate tax rules were 20 years ago.

you should probably check with the NBA forum.

Tied up in probate the whole time

[TDMVPDPOY]

is that enough for a sausage fest?

[cantthinkofanything]

Tied up in probate the whole time

IDK. Without you providing more info...any dividends or interest would probably be taxable. If any assets were sold, they would probably be subject to capital gains. You seriously aren't NOT going to go to a professional for advice I hope.

[mrsmaalox]

is that enough for a sausage fest?

Why would I pay for something I can get for free any time I want?!

[mrsmaalox]

IDK. Without you providing more info...any dividends or interest would probably be taxable. If any assets were sold, they would probably be subject to capital gains. You seriously aren't NOT going to go to a professional for advice I hope.

For sure I'll see a professional---the one who guides my other money, but I'd like to be able to throw in a few buzz words when I meet with him so it doesn't look like I don't know anything :lol

[cantthinkofanything]

For sure I'll see a professional---the one who guides my other money, but I'd like to be able to throw in a few buzz words when I meet with him so it doesn't look like I don't know anything :lol

oh...that makes sense. I'll give you some ammo.

1) be sure to ask about the 20152 Poopshoot Exemption.
2) make sure that you mention any Coop Anal Investments.
3) to ensure you get the special secret knowledge, you should great the profession with the Templar greeting of exposing and rubbing your left nipple.

[The Gemini Method]

oh...that makes sense. I'll give you some ammo.

1) be sure to ask about the 20152 Poopshoot Exemption.
2) make sure that you mention any Coop Anal Investments.
3) to ensure you get the special secret knowledge, you should great the profession with the Templar greeting of exposing and rubbing your left nipple.

haha @ the Templar greeting...

[Twisted_Dawg]

I've redone my will of what goes to my two sons, ages 21 & 24. They'll get some cash up front, but a chunk will be put in an annuity paying them a monthly income for 10 years. Then, some more money placed in another annuity that will mature in 10 years providing them with a large cash distribution. I wouldn't dare give two young millennials a big chunk of money. Hopefully, they will be wiser with money as they get older.

[m>s]

donate it to national socialist causes

[Buddy Mignon]

Yesterday I received a very nice check for my share of my grandparents estate, the only thing is....my grandparents passed away 20 YEARS AGO! There were no family fights over the estate (minus one glitch about the sale of their house that happened after one of their heirs--my mom--passed away before it was complete). I just took another look at 2120's thread about the mess his family is in over their parents estate and damn, it's hard to believe it could drag on for over 20 years! All of us with a job and a little savings, no matter what age, really should start directing what will happen with our assets before someone else does it for us. Don't let the bullies in the family, or in my family's case, the adorable drunk uncle, dictate what you worked so hard for!

Now for my question----best ways I can avoid paying taxes on it? :lol


Hey maalox... I'm usually not into to older babes, but how much is that check?

[Twisted_Dawg]

Hey maalox... I'm usually not into to older babes, but how much is that check?

You would be into her.....she is smoking hot!

[CosmicCowboy]

You better see your accountant on this one. Pretty sure inheritance tax rates would be based on what was in effect at the time of death and not when it cleared probate. Rules are much more generous now.

[cantthinkofanything]

You better see your accountant on this one. Pretty sure inheritance tax rates would be based on what was in effect at the time of death and not when it cleared probate. Rules are much more generous now.

Cosmic Crackhead chiming in with nothing to add.

[CosmicCowboy]

Cosmic Crackhead chiming in with nothing to add.

Go fuck yourself. I know for a fact 2014 inheritance tax laws don't apply and the rules of the year he died will be the determining rate. Will also depend on the total amount of the estate and not just her portion. It's way too complicated to solve on a fucking message board dipshit. If the judge signed off on the probate the estate taxes were probably already paid in probate so the check to Maalox is probably tax free IF the drunken uncle and the judge didn't screw up. That is why a professional needs to review it.

[mrsmaalox]

:lmao My brother already spent his on motorcycles and guns!

[mrsmaalox]

You would be into her.....she is smoking hot!

Gee thanks Dawg! :p:

[cantthinkofanything]

Go fuck yourself. I know for a fact 2014 inheritance tax laws don't apply and the rules of the year he died will be the determining rate. Will also depend on the total amount of the estate and not just her portion. It's way too complicated to solve on a fucking message board dipshit. If the judge signed off on the probate the estate taxes were probably already paid in probate so the check to Maalox is probably tax free IF the drunken uncle and the judge didn't screw up. That is why a professional needs to review it.

You must live at the Holiday Inn Express.

[Nbadan]

You two need to go get a room already...

....spend it on hookers and blow Maalox...

[JudynTX]

So when are you taking me to lunch? :D

[marini martini]

I See an imminent cruise! :toast

[RD2191]

Let us discuss desperate housewives who use the internet to fish for compliments even though they're husband has it all. :lol

[TeyshaBlue]

Reviving a thread just to make a troll post.
You're on a roll.

[spurraider21]

Yesterday I received a very nice check for my share of my grandparents estate, the only thing is....my grandparents passed away 20 YEARS AGO! There were no family fights over the estate (minus one glitch about the sale of their house that happened after one of their heirs--my mom--passed away before it was complete). I just took another look at 2120's thread about the mess his family is in over their parents estate and damn, it's hard to believe it could drag on for over 20 years! All of us with a job and a little savings, no matter what age, really should start directing what will happen with our assets before someone else does it for us. Don't let the bullies in the family, or in my family's case, the adorable drunk uncle, dictate what you worked so hard for!

Now for my question----best ways I can avoid paying taxes on it? :lol
if there is no will, there is a very standard procedure for how assets are divided, and its usually not really subject to argument. the only disputes come when there is a separated couple, and there are different ways of dividing community and separate property

[RD2191]

Let us discuss desperate housewives who use the internet to fish for compliments even though they're husband has it all. :lol
:wakeup

[DJR210]

Solid bump tbh.

How is everything coming along, mrsmaalox?

[ChumpDumper]

And what's wrong with compliments anyway?

[silverblk mystix]

Let us discuss deadbeat drugged desperate housewives who use the internet to fish for compliments even though they're husband has it all. :lol


fify


because I am a nice guy!


:lmao:lmao

[Reck]

fify


because I am a nice guy!


:lmao:lmao

That's really low and unnecessary.

Drugged and desperate, really?

Dont hate because she trolls you harder and more effective. Get better at it and you won't be so touchy about it.

[silverblk mystix]

That's really low and unnecessary.

Drugged and desperate, really?

Dont hate because she trolls you harder and more effective. Get better at it and you won't be so touchy about it.


or better yet -


STFU troll!

[mrsmaalox]

Solid bump tbh.

How is everything coming along, mrsmaalox?

Not bad, still got my money! Making a real estate investment and taking my daughter to The Wizarding World of Harry Potter this fall :)

[DJR210]

Not bad, still got my money! Making a real estate investment and taking my daughter to The Wizarding World of Harry Potter this fall :)

You flipping houses now, or you bought an investment home?

[mrsmaalox]

You flipping houses now, or you bought an investment home?

I don't flip, I have 2 rentals in Killeen and want more. I want the whole block! I've had really good luck there renting exclusively to military folks.

[DJR210]

I don't flip, I have 2 rentals in Killeen and want more. I want the whole block! I've had really good luck there renting exclusively to military folks.

Nice, easy money. Just sucks when you rent to some piece of trash that destroys everything.

[mrsmaalox]

Nice, easy money. Just sucks when you rent to some piece of trash that destroys everything.

It's happened to my neighbor! He rented to strippers. But I just rent to military so that's not likely to happen. One house has had the same single officer renting for 5 years now.

[DJR210]

It's happened to my neighbor! He rented to strippers. But I just rent to military so that's not likely to happen. One house has had the same single officer renting for 5 years now.

He didn't like the stripper pole install in the living room??

[RD2191]

fify


because I am a nice guy!


:lmao:lmao
:lmao

[xmas1997]

It's happened to my neighbor! He rented to strippers. But I just rent to military so that's not likely to happen. One house has had the same single officer renting for 5 years now.

Oddly enough my wife and I do the same thing, we rent our houses to the military, or to East Indians, but in San Antonio.

[DJR210]

Oddly enough my wife and I do the same thing, we rent our houses to the military, or to East Indians, but in San Antonio.

See..this doesn't make sense..you are talking civilly with her shortly after you call her mrsxanax.. looks like you're warming up to the truce.

[xmas1997]

See..this doesn't make sense..you are talking civilly with her shortly after you call her mrsxanax.. looks like you're warming up to the truce.

Do you think so?

She always breaks them.

[mrsmaalox]

He didn't like the stripper pole install in the living room??

lol No I believe it was the chainsaw wielding meth head boyfriend he crossed paths with a couple of times.

[DJR210]

lol No I believe it was the chainsaw wielding meth head boyfriend he crossed paths with a couple of times.

:lol Leatherface

[xmas1997]

See..this doesn't make sense..you are talking civilly with her shortly after you call her mrsxanax.. looks like you're warming up to the truce.

Also could it be that I am a lot less upset than you think I am?

I have always been totally upfront with the fact that I never take anything seriously on here anymore, and not since SBM and I had our super intense vitriolic fights upstairs about Pop, and again down here.

Plus I never START the insults or attacks, nor do I hold grudges, and I always try to give the benefit of the doubt, and respect where respect is due regardless of whether we agree or not.

Ask Rob, he will verify this.

He and I do not see eye to eye on a lot of issues, but we always give each other respect.

And the same goes now with SBM, but for sure it wasn't always this way.

Both are good people if treated right, and I think this goes for the vast majority.

[ohmwrecker]

It's happened to my neighbor! He rented to strippers. But I just rent to military so that's not likely to happen. One house has had the same single officer renting for 5 years now.

One of these days he's gonna snap and murder everyone on the block.

[ChumpDumper]

One of these days he's gonna snap and murder everyone on the block.Only if her husband turns him down.

http://basementrejects.com/wp-content/uploads/2014/02/american-beauty-1999-movie-colonel-frank-fitts-kisses-lester-burnham-gay-chris-cooper-kevin-spacey-review.jpg