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Oct 21, 2020
6:27:44pm

jollaksentie Truly Addicted User

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jollaksentie

Bio page: jollaksentie
Joined: Jan 23, 2013
Last login: May 6, 2024
Total posts: 6,562 (2,765 FO)

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Messages

Author

Time

I tried to get insured for 10x my annual income, but the insurance company capped at $100 million. Too bad.

CSoul Intervention Needed

10/21/20 6:20pm

Humblebrag fail.

Endocoug

10/21/20 6:26pm

Tonight I'll write it all up in detail when I'm flying on my completely paid for Gulfstream G550

CSoul

10/21/20 6:29pm

Humble of you to keep the G550 instead of wasting money on the new G650.

Hodor

10/21/20 6:49pm

That’s ok. Go fund me will pick up the slack

10/21/20 6:27pm

Interesting factoid: George Steinbrenner had a huge life insurance policy to

Byron McNertney

10/21/20 6:29pm

RE: Interesting factoid: George Steinbrenner had a huge life insurance policy to

CSoul

10/21/20 6:31pm

It's a pretty common estate planning technique... the laws change so often and lawyers are expensive...so a pretty cheap

HarlemCoug

10/21/20 6:44pm

Are you saying you don't have a will / trust?

ebv

10/21/20 6:46pm

I have both now... but for a long time I just had a will and extra life insurance.

HarlemCoug

10/21/20 6:48pm

Hrmm. Risky with regard to kids and what happens to the estate if your wife dies

ebv

10/21/20 7:13pm

maybe I don't follow your point... what happens with my kids and the estate are all spelled out in my will. (aren't

HarlemCoug

10/21/20 11:10pm

Wills typically only distribute property and don't appoint trustees who can take

ebv

10/22/20 7:59am

interesting... I don't have the issue now because I've updated my previous strategy... my previous will assigned

HarlemCoug

10/22/20 10:20am

No worries--I was genuinely curious. Good dialogue.

ebv

10/22/20 1:03pm

Are you sure the reason isn't actually just death cash flow management?

Megamind

10/21/20 7:58pm

The Association of Advanced Life Underwriters (life insurance trade org) is

hansel

10/21/20 6:59pm

I bet there's a way you can appeal

10/21/20 8:56pm

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