Highlander1

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About Highlander1

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    Fish with Lines on Em

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    NJ Shore
  1. Great news, being home is best for both of you. God bless you and your wife.
  2. Most lease buy outs are more than the trade in value, thats why dealers most often send leased cars right out to the leasing companies to dispose of, there is usually no equity in the vehicle. I'm not sure what a "market value up front" actually means, please explain, but they will give you the trade in value of your car which will not equal the buy out of the lease. In the end you pay dearly as the leasing company is still getting theirs, and you'll make up the difference on the new lease which means you should have just turned in the leased car and forgot the trade in.
  3. Could you imagine, live for 60 years and one day you go crabbing and you get bit and a week later they may need to amputate your arms and legs, just poke your eyes out and take a torch to your ears while at it. No thanks for me, give me the pink juice, no need to cut anything off. Can't you refuse surgery? Just awful luck for this poor soul. God bless him.
  4. I've leased vehicles, pleased with the arrangements. Thinking of leasing a Subaru and using it for some beach driving as well as an everyday. Does anyone have experience with returning a vehicle thats got sand stuck in every nook and cranny underneath? They just charged my Mom $335 for a scratch, deserving though. Of course the sales folks downplay any kind of cost after the lease is over, truth is they take back anything and its not them thats accepts the vehicle, its later inspected by the leasing company. The one thing I know about car dealers is they only lie when they speak, otherwise, good people.
  5. Could it just be coincidental that he was NJ resident and the inheritance tax laws in NJ start taxing after $1.2 million is distributed. Sounds to me like Tony was sharp enough to have some monies in trust or in other locations. Other than his daughter or wife (not sure he was still married), no one else could inherit more than $25K I believe without paying excessive NJ inheritance taxes. Only Class A beneficiaries are exempt from inheritance tax until the estate is $1.2 million, Class A is defined as wife, husband, mother, daughter. Even sister and brother are not Class A. NJ sucks again.
  6. Yes, conceivably my brother owns 1/3 of the house as we speak, we just need to agree on what the house is actually worth. I have to research appraisers because if they are like realtors, forget it, those folks are sales people. The house is about 40% of the estate, not bad for folks that never put a dime in the stock market, never made big money, and lived a good life while being conservative spenders. Built the house in 57', paid it off in 66', retired at 55 in 87. For twenty years no mortgage and all kids out of the house and educations paid for by the time they were 50, thats how you could do it then. Never wanted for anything, they were good people and most of all they were happy people, good to be around. Tel stock was not much in those days, he probably came out with a small chunk from some plan they had but nothing of any substance. His pension was only about $1500 a month which was ok in 87', it was still $1500-1600- in 2017. SS wasn't much either, his about $1000 a month (he didn't collect till 62 years of age) she had a government pension of about $1200 a month, no SS because she had a federal pension. He often told me he found it hard to believe he found the time to work, they were on the go everyday, out at 11 back by 3:30. Nights he jammed 2 nights a week and played in halls,nursing homes, bars and shows on weekends and nights, and was very active in the Bluegrass Hall in Waretown, Albert Hall. My Mom ran the concession stand. They were volunteers, never made a dime, once in a while they'd get a paying gig, but maybe $50 a guy. They loved every minute and made many good friends. Like I said , not big money people but able to do whatever they wished and they still saved a bundle for us which is appreciated and will be used wisely. I know I couldn't save the kind of scratch they did with only 2 life insurance policies worth less than $100k. My Mom was good with money, she was old school Italian, she was easier to get $5000 from than 20 beans, for that you had to splain' to her what for, for major droppage she was tuned right in and if it was reasonable, no problem. Dad didn't care about money, he let her run the finances, he was also a smart man. He was in the Navy at 16(forged birth cert.) 0ut at 20, joined the army at 20, married at 21. I'd bet 20 cross country trips by car or motorhome from 1952-2015, that had to a tough ride in the 50's before the interstate highways. Anyway, he did everything well except athletics, he just wasn't into it and that was my interest. he always encouraged me but he never understood jocks, later I understood maybe he did understand jocks, they can be a-holes. He could play music, paint pictures, fix anything, rode motorcycles until he was in his 70's, computers and smartphones were no issue for him, he had his music room at home rigged with all kinds of CD burners and mixers and all kinds of stuff. I was close to both parents, I never saw my Dad lose his temper or composure in my life, and only my Mom, BIL and dead uncle have ever seen him lose his senses, my BIL almost got himself killed but my uncle pulled my Dad off him. I was never much of a fighter but I wouldn't have challeneged the old man until he was least 80, he had some guns and was a big string guy his whole life, I never challenged that, shows he raised a smart kid. At 18, I wanted a Trans Am and had the money, 1976, paid $6,000 I believe, the thing was a dog, couldn't even burn rubber (hardly) with a 400 and 400 trans. Anyway, she told me then it was a bad buy and reminded me every few months for 41 years that it was a bad move. She wasn't wrong, but enoughs enough. Anyway, they were married for 65 years, he was a saint and she was his guiding light, we all should be as happy and content as they were. Good therapy for me, good memories of them.
  7. Although it can be argued NJ is as hot as Florida, thats true to a fault, its effin' hot in Florida from May till October without any relief. In NJ we get a heat wave for 4 days and act like we live in the tropics. I will give Florida a huge winter advantage though. For me, I couldn't take 6 months of heat, I like the temp changes and although winter in NJ is too long, its not extreme like Syracuse or Minneapolis. Forget Maine.
  8. Dad died 4 months before Mom, he left her everything, in turn her will left us everything, will has been probated and we are settling the monies and house. What is the grant you refer to? I am the executor and able to withdraw funds, make payments and distribute money and goods.
  9. Like I said, I'll get an education along with some bumps and bruises. I'll hire the pros when I need to. It is my understanding that it is not law in NJ to have them removed but buyers insist and some insurance companies will not insure the property with an old tank in the ground. We are in no hurry, it costs us a thousand a month to own, the grand kids can use it as a getaway for the summer. We'll get this settled by years end. I wasn't overwhelmed with the realtors expertise, my Dad added a garage and den in 1966,the realtor asked if permits were drawn on that at that time. I'm sure they were but who cares about a small addition 50 years ago. She said if it wasn't permitted, they (the town) can charge me todays fees for the permit. I doubt it, but she is the expert. I'm not hiring a lawyer for a $5K retainer and fees at $175 an hour to write letters to environmental clean up companies and town building inspectors at this stage. The bottom line here is, the tank and ground are what they are and nothing can change that, we will deal with whatever conditions exist, lets find out before we hire a bunch of high priced specialists that may not be needed. Gotta take step 1 before leaping. And theres been plenty of worthwhile advice given and taken on this site on many different topics, despite most folks not having the training or experience in that specific field. Take folks thoughts and opinions for what they are worth, and will use the good ideas in my approach to selling the house, or not.
  10. I'll get a lawyer when I get an offer, until then, I can take a few bumps and bruises. I realize the sensitivity about splitting up family properties and monies but my Mom and Dad had it right, split everything equally and nobody will feel bad. My Dad built the house in 1957, took him a year after work and weekends, bought the lot for $500, the lot itself is assessed at $207,000 now, pretty good return on $500. I'm gonna do my brother right, the way my Dad would have wished it, but he can't have it for a song, he can enjoy a discount (say 10% or around $35-40K) on whatever its worth or he can walk away and we will sell it. I can live with myself under those conditions, none of us are wealthy enough to absorb a loss greater than say $15-20K per person and the will splits everything equally. My sister lives in Colorado, my brother has an apartment house in Long Branch, and I live in Pt. Pleasant. He is the best fit for the house, he should get out of being a landlord (20 years same house) and buy the estate home free and clear. If he updated for an additional $50k or so, he would have a nice place, paid for with coin in the bank. No brainer, just need to agree on a number. Back a few months and before the realtors confused us, we thought $360 was a good number, my bro got cold feet when the 2nd realtor said $320-330K. Can't blame him, he needs to protect his investment too and make sure he doesn't overpay. Now,if somebody offers us $390, he can still have it for $360 so he knows he has more to gain than lose by waiting. My brother is anything but foolish. Things will work out, my Dad passed in November and my Mom 4 months later in March and they were older (86/85) but active right up until the last 2 weeks of their lives. Retired for 31 years, he a telephone lineman, she a Fed. Government Secty. so not big coin people but they managed to have a great life together and spent everyday with each other in retirement. Bought a 5th wheel and later a motor home and prolly' went to the left coast about 10-12 times, Florida or Arizona for winters and many weeks and weekends mostly at music festivals (my Dad was a guitar player and singer) and they spent their time well. Just getting used to not having them around, they were a big part in all of our lives and to lose them both in a short period was difficult. Miss them dearly. So, I don't anticipate any issues about splitting, but I'll do whats right as Executor which says split it equally and that should be all anyone could be asked to do. And I'll remember my Dads wishes too, if its possible, one of their kids should buy the house that be built and raised us in. Jeeez, maybe a 20% is possible?
  11. I'm not against hiring an agent, but I'm also for my brother buying the property. I'll talk to him about the appraisal idea, and maybe we can work out a fair enough price for all of us without going through the pain. Although its not a business deal, the home is a good percentage of the estate value and it can't just be given to the one that wants it. Maybe I'll take a couple-few weeks of aggravation to see what kind of offers I can generate. I'll list it high and see what happens. One thing we probably should do is have the old oil tank removed, my parents had it filled with sand in 1978, town papers and all to approve the work, however, it is my understanding that this practice is no longer accepted. Also, the deed is still in my parents name, do I need to change that prior to sale or as executor and power of attorney can I sell it with their name on it?
  12. My brother, sister, and I are in the process of selling our recently deceased parents home. My brother has expressed an interest in buying it, however we had 3 local reputable known realtors give us estimates between $330 and $420K, quite a gap which indicates to me they just don't know. The property is a 3 bedroom 1 bath ranch, on a dead end street in West Long Branch, house is 60 years old, well maintained but aged and in need of an inside makeover to the tune of about $50-75. The house sits on 1/4acre property, the lot next door is a town owned lot not big enough to build on but sizeable enough to have as a quiet neighbor forever. The location is about as good as it gets in Monmouth County, NJ, property taxes are somewhat reasonable at $8k. It is also located next to a growing Syrian Jewish Community that money knows no bounds, neighbors houses list from the low $400's to 2.5 million. Lucky me is the executor. Anyway, my thoughts are to put the house up for sale by owner and see what kind of offers we bring and then my brother can react to those offers. Any suggestions as to what to do and what not to do. I'm hesitating to post on CL as it draws dirt and I'm not looking for headaches. A realtors services may be needed in the future.
  13. I have always enjoyed the "Tales" and hopefully your frustration is temporary and you will realize your contributions far outweigh your detractors attacks. As you have done with issues before, face them and be above them, in the end, you'll be the better person for it. Right now, I gotta go look up the menu of that restaurant in Lewes you suggested.
  14. Good news and post, not sure of the name of the shop and it goes back a number of years but it was on 6A in Sandwich near the Post Office, they fixed me up and charged me mildly. Still some good folks in that area. Good for Mikes Auto Repair!!
  15. Congrats, nice fish.