Recent content by Thorn

I think a good one that I've used before when I can't get a read on someone is, how do they react if I disagree with them completely, about something unimportant. Do they get defensive or dismissive, make fun of or belittle me? Or are they curious or deprecating? It's sort of a shorthand way...

Eh, even on the off chance a lender did say it was a default, you'd have a cure period, usually 30 days, to "cure" the default by deeding it back out of the trust.

Common misconception. An existing lien/mortgage does not prevent the transfer of real estate. The mortgage probably has a clause that allows the lender to call the loan in default because of the transfer, but as a practical matter, they almost never do for a conveyance from individuals into a...

I'm definitely biased. To me it's a lot like choosing insurance. IMO you should insure against great risks. You insure your home, you get liability insurance for your car in case you seriously hurt someone in an accident. You do this largely because facing those losses without insurance...

Problem is you can't take the government out. They're already in. WAY in. And it's not that some state's rules are simpler, it's that they differ, a lot. It might be that as a, say, Massachusetts resident, you really ought to have will and a trust, but in Vermont you'd be fine with just a...

Probably? Is the lawyer licensed in your jurisdiction? If they mess it up, is there a malpractice policy that will be available? Or do they make you sign/click some 12-page disclaimer that has a clause buried in it that your only recourse is a refund, not reimbursement for the $15,000 it will...

:shrug: we see the fallout when this stuff doesn't work. Currently working with a family that "DIY'ed" a deed from dad to the child he wanted it to go to. Deed is completely ineffective, and now all four siblings are co-owners who do not get along.

Depends on a lot of factors. What assets you have; whether your estate is big enough to trigger estate tax; whether probate administration in your state is timely/costly or not; whether your wishes differ from your state's intestacy rules. And on and on. Personally I think trusts are overused...

Not sure what "defined through trusts" means, but a trust does not spring up out of nowhere. You have to create it in advance. It may obviate the need for a will.

The only reason I'm needed is for a second non-student in the van, so believe me, from the moment I get there I will be angling to get on the black.

So my friend who is a DIII college coach just called and asked if I could take Friday off and go to Bethpage next weekend because they don't allow just one coach to travel with the team. Oh and a round at the Red course is included. I have an excite.

He is my pick as well! I got 18:1 via Draft Kings.

Finished another book that's been on my shelf forever and always meant to read, but figured I had to be in the right frame of mind because of how heavy the subject matter is: Man's Search for Meaning, by Viktor Frankl. If you're not familiar, Frankl was a psychiatrist who survived Auschwitz...

This might be one of the most tedious things I've ever heard outside of the Lawyer Thread.

Booooo What does "official" even mean in this context? Not like it was a tournament. Who cares what the course is telling people, it's a hole in one! Nice job!