Quote:
Originally posted by Penske_Account
You are simplifying what is a complex equation. I believe the Sunday NYTimes had an article on this over the weekend, or the weekend before. Estate preservation is an important tool for many spouses to preserve their ability to live independently (and based on wealth demographics not usually in luxury) after a spouse goes into a nursing home.
Hmmmmm, outside of other charitable contributions, last year I gave about $5K to assist poor children in the inner city of Seattle to have an opportunity to obtain a quality education that the teachers' union destroyed public schools cannot give them. I also just wrote a check for $1000 for a food bank. Does that count (assuming my family doesn't eat $1000 of the food banks' fare)?
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Are you brain damaged? Look, a relative died. That grandparent had a pretty ok estate. Everybody could have run off and left a disabled sibling in the care of the state. One sibling did. The rest came together and decided to pool the remainder to care for the disabled sibling in a nice facility.
There's right and there's wrong. Its wrong to lay a person you can pay for off on the state. Thats not estate planning. Its making you and I pay the cost through taxes, and its robbing resources from people who truly need them. That iss simple.
I'm all for ass-screwing Uncle Sam all I can, but even I can't oblige that shit.
