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Spike? It's you. It's really you! My therapist thought I was holding on to false hope, but…I knew you'd come back. You're like…you're like Gandalf the White, resurrected from the pit of the Balrog, more beautiful than ever. Oh…he's alive Frodo. He's alive.

Andrew ,'Damage'

Natter 37: Oddly Enough, We've Had This Conversation Before.

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Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.

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Topic!Cindy - Jul 27, 2005 8:52:01 am PDT #3277 of 10002

What is even happening?

Maybe it's a pheremone thing, ita?

About the credit card problem...

The estate is liable for all debts, including credit card debt. And creditors get their take, before heirs get their take. BUT If there is no estate, the credit card companies can't just pick a blood relative to haunt. Don't mistake me. They will try, but they can't. If there is no estate, there is no responsible party.

This is my understanding. I welcome correction.

That said, if your father has $30,000 in assets, and owes $25,000 in credit card debt, you've got to pay the cc debt.

If your father has an apartment and didn't leave you anything on paper, and dies, owing the credit card company 25,000? He wins.

Dana - Jul 27, 2005 8:52:50 am PDT #3278 of 10002

I'm terrifically busy with my ennui.

...huh.

[link]

Wolfram - Jul 27, 2005 8:54:25 am PDT #3279 of 10002

Visilurking

If your father has an apartment and didn't leave you anything on paper, and dies, owing the credit card company 25,000? He wins.

Woohoo! Take that you credit card fiends!

§ ita § - Jul 27, 2005 8:55:13 am PDT #3280 of 10002

Well not canonically, no, but this is transformative fiction.

Does dowry count as a normal gift for taxation purposes?

Underwear question: Slate says jockstraps aren't in vogue anymore. True or false?

-t - Jul 27, 2005 8:55:20 am PDT #3281 of 10002

I am a woman of various inclinations and only some of the time are they to burn everything down in frustration

Does life insurance count as part of one's estate?

Wolfram - Jul 27, 2005 8:56:41 am PDT #3282 of 10002

Visilurking

Does life insurance count as part of one's estate?

Hell no. And I believe it's tax free.

amych - Jul 27, 2005 8:57:05 am PDT #3283 of 10002

Now let us crush something soft and watch it fountain blood. That is a girlish thing to want to do, yes?

Slate says jockstraps aren't in vogue anymore.

Wait, they were a fashion item? Like, ever?

§ ita § - Jul 27, 2005 8:59:38 am PDT #3284 of 10002

Well not canonically, no, but this is transformative fiction.

Wait, they were a fashion item? Like, ever?

In vogue, as in popular, not in vogue as in in Vogue.

Nutty - Jul 27, 2005 8:59:49 am PDT #3285 of 10002

"Mister Spock is on his fanny, sir. Reports heavy damage."

Fascinating discussion of taxes. I'm not too gentle in my mind on people who get huge assets dropped in their laps, because assets are assets. If you own a wingding worth $10, even if you never, ever, ever intend to sell it, it's still $10 sitting around your house disguised as a wingding. The law is not designed to let you keep your grandma's beloved wingding no matter how valuable, because the law has no idea whether you actually love it or would sell it for crack at the first opportunity.

Also, I am all for rich people giving money to the poor, via government or another method. Call it The Other Trickle-Down Theory, the one that is not actually stone cold banditry.

§ ita § - Jul 27, 2005 9:00:39 am PDT #3286 of 10002

Well not canonically, no, but this is transformative fiction.

The law is not designed to let you keep your grandma's beloved wingding no matter how valuable, because the law has no idea whether you actually love it or would sell it for crack at the first opportunity.

Then why not tax it when you sell it for crack? Then you can be sure.

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