Tuesday, November 6, 2018

Digest for misc.consumers.frugal-living@googlegroups.com - 9 updates in 3 topics

Michael Black <mblack@pubnix.net>: Nov 05 11:25PM -0500

> transaction online, it might not matter. But if it's entering your home,
> getting into your safe deposit box, taking some legal action on your behalf,
> then it matters a lot.
 
Has there been a morphing? You're right, but there's also the "executor
of the estate' or whatever. That is more likely to need to be local, or
involve travel. I suspect many a house belongings gets dumped outside
because the executor is from out of town, needs to clear things out, and
thus has no time to sort things out and deal with them properly.
 
My sister was executor for our mother's will, and that required a few
tripos over time to deal with it. Some of it could be done from afar, but
not all of it. She took a lot of old paper files to deal with t her house.
I didn't look at the will, I'm not sure what was supposed to happen with
the belongings. I've not been offered any of the jewelry, not that I was
really that interested in it.
 
"Power of attorney" is pretty broad. I gave my younger sister "power of
attorney" so she could deal with something for me, but it was a specific
thing, not a long lasting thing. Institutions often need someone to have
"power of attorney" in order for them to deal with a third party. Of
course, for my mother towards the end, my older sister got "power of
attorney" and it was a more broad and long lasting thing.
 
So it often depends. Some of it may require being local.
 
Michael
The Real Bev <bashley101@gmail.com>: Nov 05 08:47PM -0800

On 11/05/2018 08:25 PM, Michael Black wrote:
> course, for my mother towards the end, my older sister got "power of
> attorney" and it was a more broad and long lasting thing.
 
> So it often depends. Some of it may require being local.
 
I was my mother's executor, as well as the trustee of her living trust.
Her will and the trust documents were clear and definite. She
deliberately set everything up to make it easy for me. It wasn't. That
was the hardest year I've ever spent.
 
Estate tax was due, and that was a big part of the stress. Half an inch
of forms. Incomprehensible language (and yes, I used to read Pub17 and
do taxes by hand) so I paid her accountants a few $thousand to do it.
 
I would never do that again for anyone, no matter how good a friend.
 
--
Cheers, Bev
"The last thing you want is for somebody to commit suicide
before executing them."
-Gary Deland, former Utah director for corrections
ItsJoan NotJoann <itsjoannotjoann@webtv.net>: Nov 05 10:07PM -0800

On Monday, November 5, 2018 at 3:48:52 PM UTC-6, John Weiss wrote:
> > then it matters a lot.
 
> But if the close person is not trustworthy, it will matter even more if
> they do something you wouldn't want them to do...
 
Why would anyone choose a nearby person for their power of attorney if they
knew they were not trustworthy?
Michael Black <mblack@pubnix.net>: Nov 06 03:09PM -0500

On Mon, 5 Nov 2018, The Real Bev wrote:
 
> forms. Incomprehensible language (and yes, I used to read Pub17 and do taxes
> by hand) so I paid her accountants a few $thousand to do it.
 
> I would never do that again for anyone, no matter how good a friend.
 
I gave my sister a cactus, I don't think she minded the work, but I'm sure
at the time she'd rather not have to deal with the stuff. YOu want to do
other things, or just vegetate.
 
Michael
Michael Black <mblack@pubnix.net>: Nov 06 03:11PM -0500

On Mon, 5 Nov 2018, ItsJoan NotJoann wrote:
 
>> they do something you wouldn't want them to do...
 
> Why would anyone choose a nearby person for their power of attorney if they
> knew they were not trustworthy?
 
I think he's saying that the primary decision making here is
trustworthiness. Having someone local is best, but if the trustworthy
person is elsewhere, they get the job, even if not being local is a
hardship.
 
Michael
trader4@optonline.net: Nov 06 04:15PM -0800

On Monday, November 5, 2018 at 11:28:29 PM UTC-5, Michael Black wrote:
> > getting into your safe deposit box, taking some legal action on your behalf,
> > then it matters a lot.
 
> Has there been a morphing?
 
I was simply answering the direct question asked about the advantages of having a person with power of attorney be local.
 
 
You're right, but there's also the "executor
> of the estate' or whatever.
 
 
That isn't the question that was asked, they are two different things.
 
 
That is more likely to need to be local, or
Michael Black <mblack@pubnix.net>: Nov 06 03:14PM -0500

On Tue, 6 Nov 2018, Derald wrote:
 
> Same here. 60's overnight; 70's&80's daytime. Major t'storms late
> in week; chilly weekend; back to normal now. Still too warm too fool
> with the autumn veggie garden.
 
I don't know whether he's changed, but at one point there was a local guy
who always wore short pants, even in the coldest winter months. I know I
saw him around, and he even got mentioned in the paper, almost like a
local eccentric. I even met him once, he was getting rid of some computer
stuff, he had a whole computer network in his basement complete with a
NeXt computer, the only one I ever saw close up. He was a system
administrator at one of the local universities.
 
Michael
The Real Bev <bashley101@gmail.com>: Nov 06 04:04PM -0800

On 11/06/2018 12:14 PM, Michael Black wrote:
> stuff, he had a whole computer network in his basement complete with a
> NeXt computer, the only one I ever saw close up. He was a system
> administrator at one of the local universities.
 
Any chance that was Durk Pearson? He used to go to the TRW swap meet
wearing tiny black leather shorts. Google the name.
 
--
Cheers, Bev
"History started badly and hav been geting steadily worse."
-- Nigel Molesworth
Derald <derald@invalid.net>: Nov 06 09:32AM -0500


>Still shorts weather, and we still have the fan in the window at night!
Same here. 60's overnight; 70's&80's daytime. Major t'storms late
in week; chilly weekend; back to normal now. Still too warm too fool
with the autumn veggie garden.
--
Derald
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