[AdTheNad]

$this->bbcode_second_pass_quote('careinke', 'T')he law was passed under Clinton and was voted NO (you do understand No, don't you?) by EVERY SINGLE REPUBLICAN and some dems. So tell me again how this is the Reps fault, they voted against it.

[vision-master]

$this->bbcode_second_pass_quote('Plantagenet', 'Y')ou said at the beginning of this thread that your niece lost a 20 acre estate when those nice liberal folks who provide the "free" Medicare suddenly wanted to be paid back for all the free care.

Was there also a house on the 20 acres?

If its not too personal, just how much money did your family actually wind up losing when Medicare put a lien on the 20 acre estate to get paid back for all the"free" government healthcare???

[mattduke]

Sorry they are f****** your family over vision. They do it to us all. Providing for our heirs is important benevolent giving and a motivation for everyone. It is the continuation of civil society. The death tax is a cruel attack on love.

[beamofthewave]

Indiana has been like that forever, to get in a nursing home you have to give up your house. In France Health care is free, why not here.

[Plantagenet]

$this->bbcode_second_pass_quote('beamofthewave', ' ')In France Health care is free, why not here.

[vision-master]

Why didn't he have overseas medical insurance? I mean, you can even buy the stuff on a cruise ship!

[Plantagenet]

$this->bbcode_second_pass_quote('vision-master', 'W')hy didn't he have overseas medical insurance? I mean, you can even buy the stuff on a cruise ship!

[vision-master]

LOL -may have figured an angle.......... Homestead Exemption.

Her son ran his business from the property, simular to the family farm.

Neice is calling her addy Monday about this.

Can ya dig it........

[Plantagenet]

$this->bbcode_second_pass_quote('vision-master', 'L')OL -may have figured an angle. Homestead Exemption.
Her son ran his business from the property, simular to the family farm. Niece is calling her addy Monday about this.

[careinke]

$this->bbcode_second_pass_quote('AdTheNad', '')$this->bbcode_second_pass_quote('careinke', 'T')he law was passed under Clinton and was voted NO (you do understand No, don't you?) by EVERY SINGLE REPUBLICAN and some dems. So tell me again how this is the Reps fault, they voted against it.

[vision-master]

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('vision-master', 'L')OL -may have figured an angle. Homestead Exemption.
Her son ran his business from the property, simular to the family farm. Niece is calling her addy Monday about this.

[Plantagenet]

$this->bbcode_second_pass_quote('vision-master', '
')Planted, ever heard of pre-existing conditions?

[vision-master]

So you are a beneficiary of a 'Generation-Skipping Trust', eh planted?

Definition of 'Generation-Skipping Trust'

A type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren, not the grantor's children. The generation to which the grantor's children belong skips the opportunity to receive the assets in order to avoid the estate taxes that would apply if the assets were transferred to them.

http://www.investopedia.com/terms/g/gen ... z24h01MKM9

[Plantagenet]

$this->bbcode_second_pass_quote('vision-master', 'S')o you are a beneficiary of a 'Generation-Skipping Trust', eh planted?

[vision-master]

Come on planted, we all know yer a rich kid.

Anyhoo, the point is, poor ppl get screwed while wealthy ppl find loop holes to pass down their wealth.

[careinke]

$this->bbcode_second_pass_quote('vision-master', '[')b]So you are a beneficiary of a 'Generation-Skipping Trust', eh planted?

Definition of 'Generation-Skipping Trust'

A type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren, not the grantor's children. The generation to which the grantor's children belong skips the opportunity to receive the assets in order to avoid the estate taxes that would apply if the assets were transferred to them.

http://www.investopedia.com/terms/g/gen ... z24h01MKM9

[Plantagenet]

$this->bbcode_second_pass_quote('careinke', '
')My wife was a benificiary of one of those. 32 Acres of SE facing beach front on Puget Sound. It has now been in the family for 101 years. Had it not generation skipped the property would have been sub divided into view lots long ago.

We may very well do the same thing. It keeps the forest together, and makes you think along generational lines. My sons are already improving the place for when they take over stewardship.

Are we rich? Hardly if you count money, but land wise we are very wealthy. In a collapse, I prefer have good land over paper money.

[Pops]

I think is a shame is that kids don't feel the responsibility to take care of their parents but still complain the state is "taking" their inheritance when what actually happened was the state assumed their responsibility.

It's too bad they don't have money for college, but it's also too bad the grandparents had to rely on the state to take care of them.

[dinopello]

$this->bbcode_second_pass_quote('Pops', 'I') think is a shame is that kids don't feel the responsibility to take care of their parents but still complain the state is "taking" their inheritance when what actually happened was the state assumed their responsibility.

It's too bad they don't have money for college, but it's also too bad the grandparents had to rely on the state to take care of them.

[vision-master]

$this->bbcode_second_pass_quote('Pops', 'I') think is a shame is that kids don't feel the responsibility to take care of their parents but still complain the state is "taking" their inheritance when what actually happened was the state assumed their responsibility.