CafeChatNoir

March 19th, 2005

“Normal”

Yeah, there’s a word that really doesn’t mean a damn thing, now does it? Looking forward to getting back to some semblance of a routine, but yeah, the normal ship sailed years ago.

$1.5M is the magic number for an estate tax return. Looks like we may just squeak under it. Which would be nice to be able to cross that right off the list, though it’s actually not a difficult return to do. We’ll see when we get in the numbers from the retirement plans. The contents of the house are insured for 200K, which is WAY too high, so I’ve adjusted for those in the tax estimates so far.

More flowers today. Margo from work and Pam & her husband. We could open our own shop.

Still the matter of what to do next week. Take dog to my place or bring cats here? I don’t think it’s right to take the dog away from the only real home he’s ever known, especially his yard, but at the same time…

So much to think about.

Have decided that if Donald wants me to buy him out of the house, I’ll offer him a mortgage - that way I won’t be flat broke from a cash buyout and would also not have the issues of having to actually secure a real mortgage, plus it would be a steady stream of income for him. If he wants cash, that’s cool too, I’ll get a regular mortgage so as not to totally wipe out savings. For now, I am just going to set up a fake mortgage in quicken and pay to it at prime + 1% and dump the actual cash to an ING account. Figure that way, I’ll have cash at the ready and it will be earning interest should he want me to buy him out.

All just kinda crazy. No other way to describe it.

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