Recent content by TrustUser

i just found out about this, today. https://www.dailynews.com/2024/02/29/fbi-raids-office-homes-tied-to-newport-beach-investment-company-amid-criminal-investigation/

why does your sister's attorney seem to have all the power ?

hi tm, i dont see your reasoning hi tm, not sure i get your reasoning, here. the 14 years living in the house is really a separate issue from the inheritance. that was something between the mother and son. i would not want to guess as to what it was. but as long as the mother chose to do...

i cant tell how the assets were divided. so for conversation sake, i am assuming that the whole estate is divided in half. you would need to deduct the mortgage to ascertain the worth of the estate. and then divide that in half, to see how much each person should get. the house, with the...

the daughter's attorney originally sent you this letter, and now says it is a conflict of interest ? i can buy that, as it may be that the daughter said something to the attorney AFTER the original letter was sent, now making it a conflict of interest, since he does represent the daughter...

i understand that he could not get a copy of the letter, but i wanted to mention the trust, to at least get the ball rolling for someone else to answer "how". it does seem fishy, but the attorney may not be required to send you another copy of the letter. whereas he may take personal risks if...

can you get a copy of the trust ?

this post only has meaning for you, if these parents are still competent. i live in california, and i can tell you from actual personal experience that using a poa is about the worst avenue you can take, to get things done. luckily, most of my stuff was done as trustee. companies are hesitant...

hi quincy, i had no idea that we could not have this sort of thread on the forum. the only thing i knew was not to hijack another thread, and get too far off course.

hi tm, i think this thread is gonna go on for awhile. you just opened up a lot of conversation - LOL its a wonderful life is one of my favorite movies. that may be a good example that a financial institution does not keep its cash in the safe. but jimmy's bank did not go broke. it still...

it would seem like it would be just the opposite. people would be more hesitant ? it could be cheaper, as was suggested ? if i can remember, i will ask the president the next time i speak to her. i dont see her that often. i also dont see why some company couldnt pay their bills, just cuz...

i cant say i know how that works. but since some credit unions vote to have private insurance, there must be some reason for that. i do agree that we would be in a world of hurt if the govt were to go insolvent. but i think real estate would benefit. it truly is the best asset to have...

LOL - i did not see this post of yours until right now. it may just be what i do !!

hi aj, like you said earlier, getting cds at banks - i still have to rely on the fed, just like i do with treasuries i have already looked into cds with various banks. and i have already contacted schwab, although i have not yet set up an acct sorta in the process of learning about stuff...

hi tm, thanks for the encouragement. i wish i shared it with ya - LOL. as far as better returns, that is not a big deal to me at all. i would prefer zero risk, and am happy with 4-5%. i wont spend the income i make each year from that, and i will eventually get social security on top of...