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Joined: Jan 2007
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New Member
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New Member
Joined: Jan 2007
Posts: 7 |
Prayers sent. Regarding insurance a disclaimer might work - best to check with your attorney but will work in some states.
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Joined: Feb 2006
Posts: 18,033
Campfire Ranger
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Campfire Ranger
Joined: Feb 2006
Posts: 18,033 |
So profoundly sorry to hear this. You have my prayers tonight. Please PM me if there's anything you need help with.
Sincerely,
GG
molɔ̀ːn labé skýla
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Joined: May 2005
Posts: 16,554
Campfire Ranger
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Campfire Ranger
Joined: May 2005
Posts: 16,554 |
You and yours have my prayers - but I have no answers. May God bless all of you.
Mark This expresses my emotions far better than I could have on my own. I grieve with all of you. It sounds as if you were a great dad. Same here. But just because we don't see the answers doesn't mean they aren't there.
The key elements in human thinking are not numbers but labels of fuzzy sets. -- L. Zadeh
Which explains a lot.
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Joined: Jun 2005
Posts: 27,500
Campfire Ranger
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Campfire Ranger
Joined: Jun 2005
Posts: 27,500 |
Wow, I am SO very sorry to hear of this. I did not let my son even know I HAD a motorcycle for several years, because I did not want him to get the bug for one.
I can pray, and will. As to how to transfer the money down line, look hard into placing whatever life insurance proceeds come to you into a trust for the wife and especially the kid. IF you make it an irrevocable trust, then even an uninsured long term care stay for you or your wife will not bust the trust so long as it has been in place for more than five years. There are also ways to gift it tax free over time, pretty fast, without taxes due.
I am past president of the Walla Walla Estate Planning Council, feel free to PM me if you would like to and if I can be of some help. I have been retired for almost three years, but I still remember MOST of what I once knew.
Condolances and Prayers,
MARK
LOVE God, LOVE your family, LOVE your country, LIKE guns and sports.
About 2016 team "R" candidates "We definitely need a crew with a sack of balls the size of hot water bottles, bloviated estrogen leaking feel-gooders need not apply." Gunner 500
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Joined: Jan 2004
Posts: 10,915
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,915 |
I can assure you that your whole family are in my prayers. My heart just breaks reading this.
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Joined: Dec 2002
Posts: 27,692
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 27,692 |
Member: Clan of the Turdlike People.
Courage is Fear that has said its Prayers
�If we ever forget that we are one nation under God, then we will be a nation gone under.� Ronald Reagan.
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Joined: Sep 2007
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Campfire Tracker
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OP
Campfire Tracker
Joined: Sep 2007
Posts: 3,279 |
Already done, in her hometown. The IRS might look at this type of situation as a gift, we did convince her family to seek a tax and a probate atty, just in case AZ law differs. It is a substantial amount.
Eagles may soar, but a weasel never got sucked into a jet turbine!
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Joined: Sep 2012
Posts: 8,738
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2012
Posts: 8,738 |
So sorry to hear Rus. Thanks for his service and all the best to his young family and yours.
Sean
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Joined: May 2002
Posts: 6,428
Campfire Tracker
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Campfire Tracker
Joined: May 2002
Posts: 6,428 |
Surely Goodness and Mercy shall follow......
Holding onto anger is like drinking poison and expecting the other the person to die ......
"When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, "I used everything you gave me."
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Joined: Jan 2005
Posts: 53,303
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 53,303 |
No words,..........
God Bless and keep you all.
GTC
Member, Clan of the Border Rats -- “Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it.”- Mark Twain
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Joined: Mar 2006
Posts: 11,666
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2006
Posts: 11,666 |
Broncos are officially the worst team in the nation this year.
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Joined: Nov 2008
Posts: 1,575
Campfire Regular
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Campfire Regular
Joined: Nov 2008
Posts: 1,575 |
Thoughts and prayers for your family in these trying times.
"Life is not a journey to the grave with the intention of arriving safely in a well preserved body, but rather to skid in broadside, used up, worn out, bottle of Jim Beam in one hand and a .45 in the other, loudly proclaiming WOW-- What a Ride!"
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Joined: Feb 2004
Posts: 5,691
Campfire Tracker
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Campfire Tracker
Joined: Feb 2004
Posts: 5,691 |
I will be praying for all of you.
Jim
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Joined: Aug 2004
Posts: 69,792 Likes: 42
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,792 Likes: 42 |
Prayers for you all right now.
There's not an income tax on life insurance proceeds, if that helps any.
Molɔ̀ːn Labé Skýla!
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Joined: Nov 2007
Posts: 6,973
Campfire Tracker
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Campfire Tracker
Joined: Nov 2007
Posts: 6,973 |
Condolences on your loss. I wish I had words that work, but I don't.
Mark
NRA Life Member Anytime anyone kicks cancers azz is a good day!
~Molɔ̀ːn Labé Skýla~
Oh The Drama!
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Joined: Jun 2005
Posts: 27,500
Campfire Ranger
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Campfire Ranger
Joined: Jun 2005
Posts: 27,500 |
Back to the top to remind all of us to keep praying. I am sure that the pain will be with you for a while, and I will continue to pray.
LOVE God, LOVE your family, LOVE your country, LIKE guns and sports.
About 2016 team "R" candidates "We definitely need a crew with a sack of balls the size of hot water bottles, bloviated estrogen leaking feel-gooders need not apply." Gunner 500
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Joined: Jan 2001
Posts: 59,187 Likes: 3
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2001
Posts: 59,187 Likes: 3 |
Very sad to read this post. I'm sorry for your family's loss, and I pray for your healing and comfort..
Ex- USN (SS) '66-'69 Pro-Constitution. LET'S GO BRANDON!!!
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