II./JG27_Rich Posted January 3, 2014 Posted January 3, 2014 People who put their cheques in the bank and have to spend the whole thing to get by. When my Dad died he left me a little bit of life insurence A LOT in my world LOLOL. A girl was working in my bank at the time who insisted that it had to go into probate for a year. A year goes by. I haven't worked for fifteen years because I've looked after Dad the whole time and I am half starving to death ..I go into the bank and another teller says Hmmm and looks confused. I tell the styory. Oh ..That teller a year ago she says. She doesn't work here anymore..She was let go. In other words the other teller a year ago F ed up major big time. The teller I'm talking to now doesn't say "we're sorry".."we made a mistake" NOTHING!! I felt like slugging her!!!
II./JG27_Rich Posted January 3, 2014 Author Posted January 3, 2014 I should explain a little. My Dad was a Vet in the Canadian Army. A Dispatch Rider. He nearly got his head blown off as he was riding by a friendly gun and it went off. The side of his skull was fractured and he lost all of his inner ear fluid for good witch effected his ballance all of his life. I can't tell you how many broken bones he had falling out of trees off of roofs down stairs on the kitchen floor when he was 80 fracturing his led right in half all because of this inner ear problem. He finally applied for a disabillity pention the last year and a half of his life witch made me laugh. He should have done it in 1945.
6./ZG26_Emil Posted January 3, 2014 Posted January 3, 2014 I am in the UK and get paid in Dollars. When I transfer money not only do I get charged 10 bucks for the transfer the exchange rate I get is 5c on the dollar worse than the real thing
6./ZG26_Emil Posted January 3, 2014 Posted January 3, 2014 and guess what rate the tax man wants to use to calculate what I have to pay him.....
Zmaj76 Posted January 4, 2014 Posted January 4, 2014 (edited) cant be worse than here....banks are sold to big foreign bank companies which are robbin ppl with unfair contracts for apartment loans which are linked to the swiss franc or euro (and swiss franc went up abnormaly high which raised loans by 50-70 percent)...also loan contracts have unfixed interest rates and if you want fixed then its 10+ %!.... anyways, we contractors sued the banks and got a verdict in our favour on first court (brave judge huh)....now the case is on high court because they appealed...I dont have high hopes because i think our politicians will interfere and they got nice contracts with the same ppl from the foreign banks... Island did the right thing with those robbers...but there the politicians werent corrupted... this is how the bigg eu countries and their companies get rich... Edited January 4, 2014 by Tvrdi
Rama Posted January 4, 2014 Posted January 4, 2014 That might be true in your country raaaiiid (Really? You got a link to show this?) but it certainly isn't true in the majority of countries. I think it's true in the majority of European countries.... but the whole picture should be given. For example in France, if you choose to heritate from one of your parents, you will heritate the assets and the debts, all together.... but you can allways refuse to heritate.
Zmaj76 Posted January 4, 2014 Posted January 4, 2014 (edited) For example in France, if you choose to heritate from one of your parents, you will heritate the assets and the debts, all together.... but you can allways refuse to heritate. Same case here...you can choose to heritate all the properties and goods but then your obligated to heritate possible debts, bank loans etc... Edited January 4, 2014 by Tvrdi
FlatSpinMan Posted January 4, 2014 Posted January 4, 2014 That would seem a fairly reasonable assumption based on the context. That idea of inheriting debt is new to me. How appalling. What happens when someone dies -does the government take big share of their assets via an inheritance tax, too?
Rama Posted January 4, 2014 Posted January 4, 2014 In not familiar with the word heritate. Is it 'inherit' ? Yes, sorry.
Rama Posted January 4, 2014 Posted January 4, 2014 What happens when someone dies -does the government take big share of their assets via an inheritance tax, too? If nobody accept to inherit, then the heritage will be used to pay the debts first, the remnant will go to the state. If someone accept to inherit, he will have to pay full taxes on assets, and still pay the debts.
FlatSpinMan Posted January 4, 2014 Posted January 4, 2014 Man, that's so evil you just have to admire its sinister beauty.
FlatSpinMan Posted January 4, 2014 Posted January 4, 2014 Actually, I wonder what exactly the laws are about by his here?
Rama Posted January 4, 2014 Posted January 4, 2014 I hope you guys realise I wasn't being willfully ignorant, it's just that the idea of inheriting one's parents debts is such an alien one I want sure there wasn't a legal term I was unfamiliar with. Don't worry... it's just me using a wrong word. @FSM: To be fair, I must add that usually with direct heritage (from direct parents), under a certain amount (quite important, 100k€ per parent and per child), no taxes are taken. And that parents may "free" this amount of taxes every 10 years with a gift of same amount to the childs.
Emgy Posted January 4, 2014 Posted January 4, 2014 (edited) That would seem a fairly reasonable assumption based on the context. That idea of inheriting debt is new to me. How appalling. What happens when someone dies -does the government take big share of their assets via an inheritance tax, too? I had the impression you were American? Iirc it's the same law in the US.?http://www.huffingtonpost.com/jim-t-miller/savvy-senior-dying-with-d_b_1414499.html "When you die, your estate -- which consists of the stuff you own while you're alive (home, car, cash, etc.) -- will be responsible for paying your debts. Whatever is left over is passed along to your heirs as dictated by the terms of your will, if you have one. " I realise state laws do complicate this issue. Edited January 4, 2014 by Calvamos
Rama Posted January 4, 2014 Posted January 4, 2014 I had the impression you were American? No, he's a kiwi.... A countryman of the buldozers with black shirts...
Emgy Posted January 4, 2014 Posted January 4, 2014 (edited) Much sympathy to Rich, what appealing behaviour by the bank personnel!! Surely they would have records of receiving the insurance money in the first place, but it looks like they were too lazy to check? Do you have watchdogs, some kind of ombudsman for bank issues? No, he's a kiwi.... A countryman of the buldozers with black shirts... Oops, not sure how I got that impression. Extreme_one: I had a quick google, and a uk.gov site indicated UK practice is similar to the US practice that I quoted. But I only had a quick skim so I probably missed important differences, but I suggest you take a deeper look if inheritance is ever going to be an issue for you. : - ) Edited January 4, 2014 by Calvamos
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