Do You Own a Yacht???
 

In the case of a previously owned vessel, the applicant must present
bills of sale, or other evidence showing transfer of the vessel from
the person who last documented, titled, or registered the vessel, or

BUSTED by your own post, Billy! As I indicated, we presented reciept and
notorized proof of ownership to get the doc. Documentation does not supercede
that paperwork.
Sorry!!!

RB

Do You Own a Yacht???
 

I never said that documentation was a title, I said it was as close as you get.


A notorized bill of sale is as close as you can get. Also: A builders
file/order for a new boat, but that usually includes a title.

RB

Do You Own a Yacht???
 

And what does the insurance company have to do with this?

The insurance company acknowledges both of us as the owners. It was required
since I have safety certificates,

RB

Do You Own a Yacht???
 

I don't know how the laws work in New York, but I think that the concept of
"community
property" applies to divorce, but not necessarily liability, estate and other
issues.

You don't know the law here. If I get divorced, Suzanne would get probably
close to 75% of everything. Putting stuff in my name just makes no difference
and creates a tax profile that I don't need.
Do you know what a tax profile is? Do you know to keep yours subdued? If you
have a good accountant, he'd explain to you that you can save BIG by keeping
one profile small. As her estate is quite large, it made sense to stay in
keeping with that.
You definately need some legal advice if you think you "own" your boat! Unless
you had it before the marriage!

RB

Do You Own a Yacht???
 

I'll post the doc next week when I pick it up.

Post the number now. Enough with delays and lame excuses that don't
hold up under even light scrutiny.

I posted the # when we bought the boat. Can't you find it?
Why aren't you betting if you have a leg to stand on? With the little toy you
sail, 1K would be HUGE for you.

RB

Do You Own a Yacht???
 

K-Mart is better. I take batteries back to them regulary
that aren't even broken - just claim they won't charge
and they give you new ones. One need never have a
battery in one's yacht that is over a year old.


wrote in message ...
On Wed, 9 Jul 2003 07:43:15 -0400, "Jeff Morris"
jeffmo@NoSpam-sv-lokiDOTcom wrote:

The few times I've worn out or broken a Craftsman tool I've just taken it into a Sears and
asked for a new one - never had a hassle. If some other brand would give a lifetime
warranty that included theft (and didn't require a receipt!) I'd gladly switch.


I once took a screwdriver back to Sears that was BROKEN IN THREE
PIECES and they handed me a new one. It was clearly abuse, but they
just smiled and replaced it.

BB

-j


"Jonathan Ganz" wrote in message
...
Because ultimately crap cost you more. If you buy
quality, you only have to do that once.

"Horvath" wrote in message
...
On Tue, 8 Jul 2003 20:59:24 -0700, "Jonathan Ganz"
wrote this crap:

Craftsman are crap. Get some real tools.

What for? I don't do real work.




Ave Imperator Bush!
Bush Was Right! Four More Beers!

Do You Own a Yacht???
 

However, when you get older and (God forbid!) have children, you may start to
think of
estate transfer. In that case the issues are different, and it becomes
important to
balance holdings, and to set up trust funds to maximize the amount that stays
in the
family.

You clearly know very little about estate transfers. By splitting the holdings
you pay far more in taxes if a transfer is made. You also fail to realize that
financial history comes into play. Suzzy's is perfect. Mine is not.

RB

Do You Own a Yacht???
 

On 09 Jul 2003 13:52:12 GMT, (Bobsprit) wrote:

However, when you get older and (God forbid!) have children, you may start to
think of
estate transfer. In that case the issues are different, and it becomes
important to
balance holdings, and to set up trust funds to maximize the amount that stays
in the
family.

You clearly know very little about estate transfers. By splitting the holdings
you pay far more in taxes if a transfer is made. You also fail to realize that
financial history comes into play. Suzzy's is perfect. Mine is not.

RB

Does she give you an allowance?:) I really doubt that estate
considerations are of paramount importance to you two. In any event,
you don't live in a community property state, so she owns the boat and
is nice enough to let you crew, so you should be happy. At some
point, perhaps, one of the bitter women may let you take the wheel.
Now this "half price" business is starting to make some sense. You
should more accurately refer to the boat as "free".

Do You Own a Yacht???
 

Each person receives an exemption - it was $600,000 and is now $1,000,000. (It actually
ramps up to 3.5 mil, then drops back to 1 mil in 2011, I think.) If all the assets are
in one person's name, the other effectively waives this exemption. This blunder could cost
your heirs a million bucks or more.

However, I'm sure Suzzy's lawyers are feeding you this nonsense about "tax profiles" to
save her a bundle of money.


"Bobsprit" wrote in message
...
However, when you get older and (God forbid!) have children, you may start to
think of
estate transfer. In that case the issues are different, and it becomes
important to
balance holdings, and to set up trust funds to maximize the amount that stays
in the
family.

You clearly know very little about estate transfers. By splitting the holdings
you pay far more in taxes if a transfer is made. You also fail to realize that
financial history comes into play. Suzzy's is perfect. Mine is not.

RB

Do You Own a Yacht???
 

Craftsman are crap. Get some real tools.

A.J. Foyt uses them.


S/V Express 30 "Ringmaster"
Trains are a winter sport