Recent content by curlyq

My mom owned a REVOCABLE trust called the 'my mom's name trust' in LA, CA. THE only item in the trust was the house that she and I lived in for 63 years; I continue to live there. She owned the house free and clear and the property taxes were up to date. My mom died in FEB of this year. I am...

THE money was transferred this morning! I am pretty sure that the reason was the receipt of the FIRM, but not overly nasty, letter that I sent certified and RRR. THE bank did not send me the customary email to notify me of the transfer; instead, when I went to the site to sign in to see if the...

RE: welkin IF I transfer the money to a new bank, I would get $68.05 per day, which is $921 more in a year than COMENITY offered me. Since 5/14 when I tried to transfer the money COMENITY HAS paid me 0 and has said, "YOU will not get interest during the period of the transfer process.'' I...

welkin Is that the number that you have been calling to get this worked out? ---YES, that it is the phone #, but it is to customer support, not ADMIN HEADQUARTERS, and the people who answer seem to be from ANOTHER COUNTRY, not locally based, which frustrates me, as they have no power to resolve...

RE: welkin Thanks for the tip! I found the 'service agreement.' Below are the parts that pertain to transfers and acct closures. COMENITY"S contract said, 1. 'You may withdraw available funds from your Account by External Transfer to a Linked Account at any time as described in Section E -...

THANKS for all of the replies. I am now ready to get the Date OF Death appraisal, but I will let the trust that was written for my mom in 10/22 remain intact, as I likely have 88 more years before it terminates. I do not know if I need to open a post in the banking category, but the reason...

Re: welkin and Tax Counsel, I have my mom's trust in front of me. Page 3 states that "All trusts created by this instrument or by the exercise of any power of appoinment shall terminate within 90 years after its creation, pursuant to California Probate Code #21200-21231 and shall include any...

THANKS, adjusterjack and welkin for the answers and the links to the articles. 2 questions popped into my head as I read the articles. 1. The articles mentioned PROP 19 reassessment and ways to keep the low tax basis upon TRANSFER of real PROPERTY. IF I do not change the reg/title at the...

THANKS for all of the replies. Mr. zddoodah, THE REVOCABLE trust for the house was written as the 'MY MOM's NAME trust dated October 11, 2022' and the house registration was changed at the LA county reg/recorder's office to that effect on the next day. NOTHING else, such as bank accounts, is...

My mom owned a house as trustee with me as secondary trustee. She died in 2/24. THE house is 100% mine now. 1. DO I need to get a Date of Death appraisal? I do not plan to sell, but a local real estate agent who came by to chat, presumably to talk me into selling, said that the DATE of DEATH...

IF a brokerage acct allows me to buy numerous cds and get the FULL FDIC insurance, as you said, without having to fill out the endless paperwork repeatedly, then it really is attractive

--Tax counsel wrote, 'the SEC can't help with that.'-- THE Medallion program is not an SEC program and eSignature Guarantee is therefore not registered with the SEC. I understand. The Consumer Financial Protection Bureau (CFPB) deals with consumer complaints, from what I have read and...

---Unfortunately no, for the reasons I explained above. The limit will still be $250,000 if you own the account and have just a single beneficiary--- OKAY, as I am the only owner, I guess that 1 owner x 250 k = 250k FDIC insurance and the presence of a Beneficiary is MOOT. THANKS. YOU...

THANKS for your thorough answers. IF I understood everything that was presented, then I can 1. add my cousin as beneficiary in a POD account and get $500k FDIC insurance; 2. avoid worrying about my cousin having access to the money WHILE I AM ALIVE; 3. rest assured that I will not lose the...

I returned to the esignature guarantee site to search again for the contract, but I did not locate it. I found the document that I pasted below instead. THE document was not completed by me earlier, as I was not advised of its presence. IF I complete the document, which includes disclosing...