You have time now. We did not as my dad died the year the changed the law. More than 9 months have passed.
If your in-laws money is in a tax deferred plan like a 401k, yiu could have them change the beneficiary.
BCC - do you own a business?
You have time now. We did not as my dad died the year the changed the law. More than 9 months have passed.
If your in-laws money is in a tax deferred plan like a 401k, yiu could have them change the beneficiary.
I'm not sure of the details. My FIL retired from Quaker in Danville, IL so he has a pension from there.You have time now. We did not as my dad died the year the changed the law. More than 9 months have passed.
If your in-laws money is in a tax deferred plan like a 401k, yiu could have them change the beneficiary.
Exactly. Decline the inheritance…
I'm not a financial expert. But compounding interest is very useful.Who would give up money just because they have to pay taxes.
70c on the dollar is a lot better than zero
The good news is nothing else really changed from an inheritance standpoint. The government just wants their money quicker from tax deferred plans like inherited 401k and IRA.I'm not sure of the details. My FIL retired from Quaker in Danville, IL so he has a pension from there.
I know we've conversed before. They live in a little town in Vermillion County. They live on 5 acres and haven't had anything but car insurance and an electric bill since 1984.
My wife's grandpa is 99 this year. He bred and sold racing horses. There could be a lot coming down the line. I should probably prepare, like you, for my wife. If I live to 58 it will be a family record, at least to my grandparents.
Who would give up money just because they have to pay taxes.
70c on the dollar is a lot better than zero
My wife is from Potomac.The good news is nothing else really changed from an inheritance standpoint. The government just wants their money quicker from tax deferred plans like inherited 401k and IRA.
Yep. I live just on the edge of the small town of Heyworth in Mclean county.
Small world. One of my good friends from here grew up in Oakwood, IL. Much older than you guys as he graduated in 90. He was an all state runner who ran Cross at DAC and EIU. Last name is Trask.My wife is from Potomac.
I graduated from USI in Evansville 2008. Lived in Tilton, on the south end of Danville for a few months.
She turned me on to Monicals pizza and their sweet and tart dressing. I learned it's not French dressing and who dips in ranch.
That was my joke, which no one seemed to get…Who would give up money just because they have to pay taxes.
70c on the dollar is a lot better than zero
I know Oakwood, good truckstop food. We take that exit and go north to get to her parents.Small world. One of my good friends from here grew up in Oakwood, IL. Much older than you guys as he graduated in 90. He was an all state runner who ran Cross at DAC and EIU. Last name is Trask.
We eat a lot of Monicals and the famous sweet dressing. They sell their pizzas frozen in tbe restaurants around here.
Someone isn’t familiar with the phrase “calm as Hindu cows”.
Bruh, duh?
I never insinuated that they eat sacred cows, but they certainly export and eat "Beef" in India, even some sects/castes of Hindus.
I didn't make the silly claim the congressman did, nor did I make the throwaway statement "Getting Indians to eat beef"...
Now if you had said "Getting Indians to eat the sacred cow" or "Getting Indians to eat American Beef" I would've left it alone. I've eaten Water Buffalo, like it and if it were as affordable as our beef, I would prefer it. That said, it's still beef to me.
Someone isn’t familiar with the phrase “calm as Hindu cows”.
They built a Monicals on the south edge of Zionsville years ago. That crisp crust stuff was different and pretty good for a change of paceSmall world. One of my good friends from here grew up in Oakwood, IL. Much older than you guys as he graduated in 90. He was an all state runner who ran Cross at DAC and EIU. Last name is Trask.
We eat a lot of Monicals and the famous sweet dressing. They sell their pizzas frozen in tbe restaurants around here.
My sister lived in Zionsville years ago. I always enjoyed the pepperoni pizza from Donatos when we visited.They built a Monicals on the south edge of Zionsville years ago. That crisp crust stuff was different and pretty good for a change of pace
I lived in Columbus oh. Right next to a donatos. It grew on me. @Ohio Guy same donatos?My sister lived in Zionsville years ago. I always enjoyed the pepperoni pizza from Donatos when we visited.
I'd guess so. Donatos was started in Columbus and was franchised out around Ohio. I didn't know they had them in other states, but it makes sense.I lived in Columbus oh. Right next to a donatos. It grew on me. @Ohio Guy same donatos?
I lived off high street in worthington and there was one a block awayI'd guess so. Donatos was started in Columbus and was franchised out around Ohio. I didn't know they had them in other states, but it makes sense.
Another big market drop. How long can this go on before the damage becomes irreparable?The economic/financial news just keeps getting worse and worse. 10Y Treasury yields are spiking while the USD is cratering. And equities are still volatile, favoring the bears.
This stupid game of chicken needs to end and it needs to end soon. It's more likely than not to touch off a domino effect that will not just suddenly spring back to normal once either Trump or Xi blinks. If that happens, even if/when he does relent, he could spend a good part of the rest of his presidency dealing with a deep recession.
What a spectacular own goal this has been. Brilliant. It's right up there with this classic.
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Good question.Another big market drop. How long can this go on before the damage becomes irreparable?
They didn't lie about not caring about the markets this year. Putting that aside gold is killing it and Bitcoin is starting to look like a pecker on pervert row. By the way gold has now outperformed the S&P 500 over the last two decades. Perhaps all of us sound money fools know a thing or two.The economic/financial news just keeps getting worse and worse. 10Y Treasury yields are spiking while the USD is cratering. And equities are still volatile, favoring the bears.
This stupid game of chicken needs to end and it needs to end soon. It's more likely than not to touch off a domino effect that will not just suddenly spring back to normal once either Trump or Xi blinks. If that happens, even if/when he does relent, he could spend a good part of the rest of his presidency dealing with a deep recession.
What a spectacular own goal this has been. Brilliant. It's right up there with this classic.
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Not all rich dudes wear pin stripes and play the marketThey didn't lie about not caring about the markets this year. Putting that aside gold is killing it and Bitcoin is starting to look like a pecker on pervert row. By the way Gold has now outperformed the S&P 500 over the last two decades. Perhaps all of us sound money fools know a thing two.
Are you making this crap up? The President’s approval ratings are tanking. Bigly:Time to really ramp up those resistance protests!!
Monday, April 21, 2025
The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 52% of Likely U.S. Voters approve of President Trump’s job performance. Forty-six percent (46%) disapprove.
The latest figures include 35% who Strongly Approve of the job Trump is doing and 37% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -2. (see trends)
But think of all of the underprivileged that will benefit….I am doing all I can to leave it to my kids. I won't need it. Just hate the 24 percent tax hit.