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greenbriar (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:09 PM Original message |
If something happened to your SO, could you survive financially? |
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rwheeler31 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:13 PM Response to Original message |
1. No |
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lost-in-nj (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:13 PM Response to Original message |
2. not sure yet |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:13 PM Response to Original message |
3. Life insurance proceeds are generally tax free. |
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lse7581011 (948 posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:13 PM Response to Original message |
4. What SO |
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lost-in-nj (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:14 PM Original message |
.... |
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lse7581011 (948 posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:15 PM Original message |
Not Saying It's Easy |
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Lorien (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:36 PM Response to Original message |
38. It's actually not easy at all, especially if your health isn't great |
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eyesroll (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:14 PM Response to Original message |
5. The government doesn't take anything when it's inherited between spouses. |
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greenbriar (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:15 PM Response to Reply #5 |
7. I thought the government would take a part of the life insurance |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:17 PM Response to Reply #7 |
9. life insurance does not pass through the estate---see Ken Lay's widow. |
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eyesroll (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:19 PM Response to Reply #7 |
11. Not unless I'm missing something... |
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greenbriar (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:20 PM Response to Reply #11 |
12. In that case, I would be fine |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:29 PM Response to Reply #12 |
17. NO, NO, don't rely on any tax advice you get HERE! |
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eyesroll (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:12 PM Response to Reply #17 |
31. I agree with you on the "don't rely on tax advice you get here" thing. |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:41 PM Response to Reply #11 |
39. wrong wrong wrong |
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eyesroll (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:05 PM Response to Reply #39 |
46. I suppose your state may have an estate tax that's different...but federally: |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:18 PM Response to Reply #46 |
49. Iwill check with my accountant and attorney |
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Breeze54 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:37 PM Response to Reply #49 |
54. And here I thought you knew everything!! You mean you don't?! n/t |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:40 AM Response to Reply #49 |
81. get another lawyer and accountant, they are lying to you |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:02 PM Response to Reply #7 |
45. insurance settlements are generally tax-free... |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:21 PM Response to Reply #5 |
35. it's $500,000 |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:33 AM Response to Reply #35 |
79. Bush changed it to $2million, was $675,000 before |
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MissB (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:14 PM Response to Original message |
6. Are you counting Social Security survivor's benefits? |
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Fuzz (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:15 PM Response to Original message |
8. Not a chance |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:18 PM Response to Original message |
10. We both are working professionals |
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Richard Steele (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:26 PM Response to Original message |
13. No. Not for a week.nm |
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Arctic Dave (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:26 PM Response to Original message |
14. We could, but we are lucky. I don't think a lot of people are anymore. |
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classof56 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:28 PM Response to Original message |
15. Nope. Both our offspring are in for a surprise--it's up to them to see that mom |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:30 PM Response to Reply #15 |
18. I think you better let them know. Surprises like that don't help anybody. n/t |
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classof56 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:41 PM Response to Reply #18 |
19. Actually, they pretty much know. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:47 PM Response to Reply #19 |
21. Thank you, classof56. |
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JeanGrey (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:07 PM Response to Reply #19 |
47. My kids won't be able to take care of us. They can hardly |
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classof56 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 05:28 PM Response to Reply #47 |
70. I hear ya, Jean! |
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JeanGrey (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 10:24 AM Response to Reply #70 |
76. Bush has nothing to do with my kids. They have messed up |
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Individualist (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:28 PM Response to Original message |
16. The only SO I have is my cat |
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Buzz Clik (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:36 PM Response to Reply #16 |
28. I hope your cat doesn't read DU. That was pretty demeaning to fluffy. |
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Individualist (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 06:13 PM Response to Reply #28 |
71. Honey is actually glad I consider him my SO |
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DesertFlower (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 08:41 PM Response to Original message |
20. i would do very well. |
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sicksicksick_N_tired (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:01 PM Response to Original message |
22. Great question. |
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ancient_nomad (474 posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:05 PM Response to Original message |
23. No..n/t |
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ileus (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:31 PM Response to Original message |
24. Life insurance and SS should cover it, then I'd have to hit on the neighbor... |
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cynatnite (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:32 PM Response to Original message |
25. SS, VA and a small life insurance policy... |
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stillcool (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:32 PM Response to Original message |
26. If I wanted to.. |
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Buzz Clik (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:35 PM Response to Original message |
27. Yes, but I'd be moving to a different house. And I'd get rid of the fucking dog. |
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seabeyond (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:37 PM Response to Reply #27 |
53. lol on the dog. i would keep my dog, but would move to a much smaller house n/t |
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pitohui (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:36 PM Response to Original message |
29. the gov't doesn't take anything unless the estate is more than $2 million |
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scarletwoman (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 09:48 PM Response to Original message |
30. I've been supporting myself with no partner for over 12 years. |
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greenbriar (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:23 PM Response to Reply #30 |
36. no problem |
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shanti (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:55 PM Response to Reply #30 |
85. me too |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:14 PM Response to Original message |
32. Yes, as could she. |
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Generic Brad (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:16 PM Response to Original message |
33. I could |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:19 PM Response to Original message |
34. ironically was sent this article from Wall Street Journal today |
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Breeze54 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:26 PM Response to Original message |
37. I had one and then I didn't and I wasn't . |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:44 PM Response to Original message |
40. am shocked by the ignorance on DU |
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Breeze54 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:59 PM Response to Reply #40 |
43. What "ignorance"? |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:32 PM Response to Reply #43 |
50. substance indeed |
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Breeze54 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:35 PM Response to Reply #50 |
51. How high is that horse you're riding? |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:47 PM Response to Reply #51 |
55. am security freak |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:52 PM Response to Original message |
41. Life insurace is generally not taxable |
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conflictgirl (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 10:57 PM Response to Original message |
42. Not even close |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:00 PM Response to Original message |
44. it's the only thing that's keeping her alive... |
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JeanGrey (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:09 PM Response to Original message |
48. Hubby would be fine. I have 500,000 in insurance and about |
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medeak (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:58 PM Response to Reply #48 |
56. JeanGrey....lighting a candle for you! |
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JeanGrey (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:08 AM Response to Reply #56 |
59. Thank you. I battled through a transplant five years ago, |
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medeak (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:14 AM Response to Reply #59 |
60. You're a force of nature! |
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JeanGrey (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 02:19 AM Response to Reply #60 |
66. Well, thanks. Sometimes I feel like an old used up washrag, |
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seabeyond (1000+ posts) Send PM | Profile | Ignore | Tue Apr-15-08 11:36 PM Response to Original message |
52. yes. we got lucky the last couple years and i think we will be ok. regardless n/t |
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libnnc (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:00 AM Response to Original message |
57. No way. |
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bermudat (985 posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:03 AM Response to Original message |
58. yes |
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havocmom (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:14 AM Response to Original message |
61. Planning another cruise? |
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medeak (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:24 AM Response to Reply #61 |
62. gawd...was that my mother-in-law? |
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havocmom (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:31 AM Response to Reply #62 |
63. There's a bunch of economically fortunate but empathy-poor dim bulbs around |
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medeak (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 12:32 AM Response to Reply #63 |
64. yep! that's her! n/t |
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Throckmorton (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 02:08 AM Response to Original message |
65. Yes, unfortunately Mrs. Throckmorton died 4 years ago. |
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Skittles (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 02:31 AM Response to Original message |
67. I don't rely on anyone - period |
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shanti (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:57 PM Response to Reply #67 |
86. you got it! |
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Firespirit (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 02:34 AM Response to Original message |
68. Don't have one |
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VenusRising (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 03:04 AM Response to Original message |
69. Not a snowball's chance in hell. |
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TroglodyteScholar (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 06:30 PM Response to Original message |
72. Yep, and something did happen to my SO.... |
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leftyclimber (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 06:37 PM Response to Original message |
73. No |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 07:40 PM Response to Original message |
74. If something happened to my SO, I couldn't survive spiritually |
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JerseygirlCT (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 08:10 PM Response to Original message |
75. Probably, but it would be very tough indeed. |
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PVnRT (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 10:27 AM Response to Original message |
77. Yes - I make almost twice as much |
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Javaman (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:30 AM Response to Original message |
78. yes, but I would have to live really lean. nt |
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NewJeffCT (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:34 AM Response to Original message |
80. yes, probably |
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sakabatou (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:45 AM Response to Original message |
82. We're not married yet |
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LibertyLover (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:06 PM Response to Original message |
83. Yes, I would be |
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dropkickpa (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:18 PM Response to Original message |
84. n/a |
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