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Re: Banal .. Open to any topic on and off topics etc
Posted: Tue Nov 26, 2013 5:52 pm
by BruceS
Are you having a go at Norman & me Dot??
It's the old saying "what you don't see you don't have to worry about!"
PS. Women have been doing it for years!!
Re: Banal .. Open to any topic on and off topics etc
Posted: Tue Nov 26, 2013 5:57 pm
by Dot
Re: Banal .. Open to any topic on and off topics etc
Posted: Wed Nov 27, 2013 11:01 am
by Chuck
Got one of those off FleaBay...
Sent it back...
The magnification scared the hell out of me..
Went back to softly softly touchy feely.
Re: Banal .. Open to any topic on and off topics etc
Posted: Wed Nov 27, 2013 11:48 am
by Dot
Oh you are one sic puppy Chuckie but I love you.. little or lost
Re: Banal .. Open to any topic on and off topics etc
Posted: Wed Nov 27, 2013 10:07 pm
by Dot
Re: Banal .. Open to any topic on and off topics etc
Posted: Thu Nov 28, 2013 3:19 pm
by Dot
Saw the C/Link financial advisor today
she told us as executor or G's aunty's will the house is considered an asset to G Not even in his name
C/LINK =
C = Cunning
L = Lousy
I = Interfering
N = Nincumpoops
K = Knowalls
Re: Banal .. Open to any topic on and off topics etc
Posted: Thu Nov 28, 2013 3:29 pm
by norman
Thats the very one good reason we never changed to OZ. fu%king center link. Like freeekin jailers....
Re: Banal .. Open to any topic on and off topics etc
Posted: Thu Nov 28, 2013 4:39 pm
by BruceS
Dot perhaps you mean beneficiary rather than executor?
Then again I'm guessing G is both??
Re: Banal .. Open to any topic on and off topics etc
Posted: Thu Nov 28, 2013 4:53 pm
by Dot
BruceS wrote:Dot perhaps you mean beneficiary rather than executor?
Then again I'm guessing G is both??
Yep both but it is still not in his name, it is still under "the estate of"
Re: Banal .. Open to any topic on and off topics etc
Posted: Thu Nov 28, 2013 5:38 pm
by BruceS
Dot I think you'll find that the asset belongs to the beneficiary(s) immediately the person becomes deceased.
Any interest earned from any assets becomes income that the beneficiary must include in their assessments. (A deceased person can't earn income!!!)
If the assets are tied up in a well setup trust account then there can be tax benefits.
It's beyond my understanding but others here might know more.
A damn good tax accountant MAY be a help?
