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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/
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...
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...
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...
i realize that fdic insurance is part of the federal govt, so that goes right along with treasuries
i still think owning real estate is the best investment, but there is a lot of involvement in it, that i dont really want any more
and i would not consider company stocks and bonds - that is...
in doing a little more research, i dont think there is any other insurance on these bills. if the govt isnt able to honor the bill, it would become worthless. thanks again for the comments.
thanks. not really seeking investment advice, though. just want to know what the exact specifics are of "guaranteeing" treasury bonds. if the govt did go insolvent, we would have a lot of problems. but i dont see how ownership of real estate would be harmed. in fact, it might actually be...
hi, i could not find any forum that really suited my question, so this may not be the site for me to pose it. but i thought this might be the closest forum fit.
if the govt should go insolvent, or partially insolvent, would investors of treasury bonds just lose out ? or is there some other...
i just recalled the substitution of trustee form, which i have filled out many times before. and it just so happens that the firm that is handling my foreclosure also does reconveyances. so just sent them an email. i suspect i will use this firm.
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