On Mon, 01 Apr 2013 14:51:28 -0400, wrote:

On Mon, 01 Apr 2013 11:02:52 -0700, Urin Asshole
wrote:

On Sat, 30 Mar 2013 19:28:53 -0400, wrote:

Sure. So, it's her fault or her dead spouses. What a lame brain.

Ignorance of the law is no excuse, never was, never will be.

So, it's her dead spouce's fault, right? Come on, say it.

Yes it was their fault for not doing good tax planning.
Even if they were a man and woman, married, they still should be doing
some tax planning when the money is over a million dollars.

I'm glad we cleared that up! So, it doesn't matter if it's fair or
isn't. They ****ed up because she was trying to deal with the
impending death of a person she loved.

Did she actually get caught by the IRS or did she offer this up to
make a legal case out of it?

The IRS notified her is all I know. Feel free to claim otherwise.


I hate lawyers but I also understand they are necessary if you want to
protect yourself from other lawyers or, in this case, the government.

What advice would the lawyer have given them Mr. I'm-an-expert?

A lawyer might have suggested a trust with a million dollars at stake
but most investment vehicles can simply be held in joint tenancy.

Feel free to offer everyone your thoughts given you got divoriced
(once I'm assuming). That certainly confirms your expertise spanning
nuclear technology and the law.

I know that even with an amicable divorce and no fights over the
property, I needed a lawyer, just to be sure all of the property
titles and such were properly transferred and recorded. The papers all
have to be filed with the court. I was also dealing with the laws of 2
states.
It was $300 and a bargain at the price.

Nice to know you're a hypocrite.


If you think you can do all that, well what does the quote say "If you
try to be your own lawyer, you have an idiot for a client"


See previous comment.

There are a number of very simple ways to hold property jointly, even
if you are not married.

Go for it. We're waiting...


look up

You mentioned it, so name it.

I meant look up in the thread a few lines.

I said you can create a trust or you can hold your securities in joint
tenancy. For over a million, I would go with a trust. It gives you
lots of protections.
The second option is the easiest for small stake holders.

I thought you said you think lawyers are ok. You sound like an expert.
Oh wait, you are for all things.


No it wouldn't. It's class warfare..

http://www.usnews.com/opinion/articl...-class-warfare

This guy is talking mostly about the home interest deduction, that is
class warfare too. Renters, the poorest group generally, do not have a
mortgage deduction.

Gee ya thunk?

You do understand that rich people get the most benefit from mortgage
interest deductions? They can write off a house and a yacht.

Huh? Are you trying to make my case? Poor and middle class people get
hit harder with a flat tax.

The fact that the only interest that is deductible contributed to the
housing crash because instead of taking out a car loan, they took a
second on their house.
People were encouraged by the government to use the equity in their
home as a source of extra spending money and they could borrow 125% or
more of an artificially inflated value on their home. When housing had
a slight decline, they were upside down and it snowballed from there.
Tell me again why this is a good thing?

Where did I say it was? Flat-tax = regressive. That's what I said.

You take the regressivity out with a large standard exemption.

So, then it's not a flat tax. "A flat tax (short for flat rate tax) is
a tax system with a constant tax rate."

.

Guys like Buffett and Romney would be paying a lot more.

Stupid like you don't get it.

Romney paid about 15%, so did Buffett

So, you're claiming that if Romney paid 25% (say) and some guy who
makes $40,000 pays 25%, that would be fair? Jesus H. ****ing Christ.

The guy who makes $40k pays nothing because the exemption would be
$50k or $60k for a family of 4.

Thus, it is not a flat tax. It's a tiered system which is basically
what we have now, except the richer you are the more you can take
advantage of loopholes that are not available to anyone else.