Coffee 12-8-12

Re: Coffee 12-8-12

PostBy: Freddy On: Thu Dec 13, 2012 6:46 am

SMITTY wrote:No family to leave this to, so I'll be damned if the state gets a free ride


Something I just learned a couple of weeks ago..... if you have less than 5 million (although that may change to 1 mill on Jan 1st) and you die with a will, all your stuff goes to whoever you say. If you do not have a will, then the state takes approaching 50%, and anyone that comes forward & claims they deserve a piece gets the rest.

Also....I always thought if a married spouse died the surviving spouse automatically got everything. This is only true if those things are owned jointly. That is, both names on any bank account, both names on any vehicle registration, both names on any real estate. If you are married and have separate bank accounts with only one name on an account, then the state will take their 50ish%, any blood relatives will get there percentage, then the surviving spouse get's what's left. Here's a scenario: A husband has a wife and 3 kids. He has a million bucks in an account with just his name on it. He dies thinking his wife will get a million bucks. But, because her name was not on the account, the state get's half, and what's left gets split 25% each way to the wife and each kid. Suddenly instead of the widow getting a million bucks, she gets $125,000.

My Dad taught me to always make sure everything is in both names.... Marty & I have always done that, but I never knew how bad it could be if we didn't! The lesson is: It's your spouse, trust them! If you have any possessions that are not joint, change it, and do it today.
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined

Re: Coffee 12-8-12

PostBy: Rick 386 On: Thu Dec 13, 2012 1:04 pm

Freddy wrote:
Something I just learned a couple of weeks ago..... if you have less than 5 million (although that may change to 1 mill on Jan 1st) and you die with a will, all your stuff goes to whoever you say. If you do not have a will, then the state takes approaching 50%, and anyone that comes forward & claims they deserve a piece gets the rest.

Also....I always thought if a married spouse died the surviving spouse automatically got everything. This is only true if those things are owned jointly. That is, both names on any bank account, both names on any vehicle registration, both names on any real estate. If you are married and have separate bank accounts with only one name on an account, then the state will take their 50ish%, any blood relatives will get there percentage, then the surviving spouse get's what's left. Here's a scenario: A husband has a wife and 3 kids. He has a million bucks in an account with just his name on it. He dies thinking his wife will get a million bucks. But, because her name was not on the account, the state get's half, and what's left gets split 25% each way to the wife and each kid. Suddenly instead of the widow getting a million bucks, she gets $125,000.

My Dad taught me to always make sure everything is in both names.... Marty & I have always done that, but I never knew how bad it could be if we didn't! The lesson is: It's your spouse, trust them! If you have any possessions that are not joint, change it, and do it today.



I agree with most of this Freddy EXCEPT WHEN OR IF it involves a nursing home or assisted living facility. Then it sometimes is best to seperate assets. Or at least get some legal documentation about who owns what. If not done, then the state or home, or fed may have claim to your half of the hoime you shared when her half runs out. Of course the genders may be switched above.

We have just gone through that when we had to put my mom in an assisted living facility.

Also IF there is a possibility of someone going into one of these places, ALL transactions go back 5 years for asset reallocation. It might be best for people to examine their retirement plans now rather than later.



Rick
Rick 386
 
Stoker Coal Boiler: AA 260 heating both sides of twin farmhouse
Hot Air Coal Stoker Stove: LL Hyfire II w/ coaltrol in garage
Coal Size/Type: Pea in AA 260, Rice in LL Hyfire II
Other Heating: Gas fired infared at work

Re: Coffee 12-8-12

PostBy: SMITTY On: Thu Dec 13, 2012 2:23 pm

Well Freddy, thanks to the democrats who rammed this law through on a 100% party-line vote, that number most definitely will be $1 million - not $ 5 million. Not that I have anything to worry about there ... but it'll probably put the rest of our farms out of business ... :sick: http://politicaloutcast.com/2012/12/dem ... ion-farms/

But anyway ... when that time comes I'll be sure to sign everything over to a neighbor or a friend's kid. The only thing I'll leave for this state is a nice brownfields site. :twisted: toothy



I've got some good news on the Blazer! Of course ... now that's it's off the road ... But my theory proved correct - it WAS the .060" plug gap!! I just realized why this wasn't a problem until I did the head gaskets. There must've been several gasket leaks ... because after the job, the compression increased, which stressed an already to-the-limit plug gap past the point of being able to jump the gap! Last night I threw in the new distributor & tried cranking it over - no dice - was same as before. Then I decided to remove each plug and squash the gap from .062" to .037". After doing all the odd-numbered plugs I figured I'd try cranking it over to see what happened ... and the son of a bitch fired right up and idled beautifully! Still and occasional pop out the exhaust, but there was still 3 plugs gapped at .060". Got one left to finish today, and a wire to repair that I destroyed trying to get it free of the heat shield. :roll: Now to fix the new oil leak at the filter adapter and lines, and the 4x4 actuator inside the front diff, & we're in business again. That'll be another day - preferrably a WARMER day. ;)
SMITTY
 
Stoker Coal Boiler: Patriot Coal - custom built by Jim Dorsey
Hand Fed Coal Stove: Harman Mark III (not currently in use)
Coal Size/Type: Rice / Blaschak anthracite
Other Heating: Oil fired Burnham boiler


Re: Coffee 12-8-12

PostBy: Rob R. On: Thu Dec 13, 2012 3:04 pm

Smitty - I wish I had told you this story a few distributors and fuel pumps ago, but I didn't even remember it until now. I fought with a high-rpm misfire in my Camaro after freshening up the engine. I changed the plugs, wires, and finally the distributor in an effort to eliminate that misfire. It seemed like each time I did something it got a little better, but never went away. I finally decided to tighten the plug gap to 0.035" or so and it ran smooth as glass. :oops:
Rob R.
 
Stoker Coal Boiler: EFM DF520
Hand Fed Coal Stove: Hitzer 50-93
Other Heating: Dad's 1953 EFM Highboy

Re: Coffee 12-8-12

PostBy: Dann757 On: Thu Dec 13, 2012 3:47 pm

Welp I helped the guy get those metal roof panels out of that tree a while ago. Sorry I didn't get pics it was a hoot. He got his backhoe out and put a pallet on the front, lifted me up to the first panel. I bashed holes in the panel with a hammer and fed yellow rope through it. Came down and tied the rope to the machine and he backed it right out of the tree. Cake. There were three panels laced into the tree by Sandy. Second one was more stubborn; I bashed two holes in the panel and put the rope through it. When he pulled on it the rope started slicing down the panel and then the metal cut the rope. Went back up and put a chain through the panel and hooked it to the boom, he lifted the boom up high and it pulled out of the branches. Third one was really wrapped up in there, same thing, the chain held and the panel pulled out around the trunk- looked like it was forming around a die!
Saw a tree crew cutting a tall leaner out of a wooded yard today. The guy cut through the base and another guy tried to push it off the stump with a track Bobcat! It got bogged in the ground and started sliding. The saw guy cut it up higher, looked like he was almost girdling the trunk. Then the other guy rammed it with the Bobcat and just kept going, pushing the stem away until the tree came down on the ground.
Saw some of the benefit concert last night- Springsteen is a left wing douche but he can still rock. Roger Waters full of himself; Bon Jovi was pretty damn good. Jagger said "This is the biggest group of old English rockers to ever be in NYC" or something like that. The Who is getting elderly too :D
Maybe The Robin Hood foundation will toss me a few hundred bucks to make up for all tha gas I had to feed the damn generator for all that time :lol:
Dann757
 

Re: Coffee 12-8-12

PostBy: 009to090 On: Thu Dec 13, 2012 4:04 pm

Yep, I had a customer with chainsaw with that problem. He could pull on it all day and never get it to kick over, so he brought it to me. I verified it had compression (yep), and that it was getting fuel (it was), then when I pulled the plug to verify Spark, I started laughing and said "Theres your problem" and held the plug up for him to see. It was gapped so wide I coulda drove Smitty's Blazer thru it! I thru a new plug it, properly gapped, and it started first pull.
Still had to charge him minimun $20 plus parts :mrgreen:

Rob R. wrote:Smitty - I wish I had told you this story a few distributors and fuel pumps ago, but I didn't even remember it until now. I fought with a high-rpm misfire in my Camaro after freshening up the engine. I changed the plugs, wires, and finally the distributor in an effort to eliminate that misfire. It seemed like each time I did something it got a little better, but never went away. I finally decided to tighten the plug gap to 0.035" or so and it ran smooth as glass. :oops:
009to090
 
Stoker Coal Boiler: EFM 520 HighBoy
Hot Air Coal Stoker Stove: DVC-500 x 2
Coal Size/Type: Anthracite Rice

Re: Coffee 12-8-12

PostBy: SMITTY On: Thu Dec 13, 2012 7:06 pm

009to090 wrote:.... It was gapped so wide I coulda drove Smitty's Blazer thru it!....

:rofl: :punk: Nice!!


Good deal with the panels Dan! I hate being the guy standing on that pallet - had many close calls doing that way back. Not for me! :D And yeah - Springsteen is a lefty douche. I'll never buy an album.Too bad too - some great tunes he has put out in the past. :(



Yeah took the Blazer for a cruise around the 'hood. Still had a little stumble, so I cleaned the stepper rods in the carb, & blew brake clean thru the jets, replaced the screen in my glass fuel filter, removed the vacuum advance, and went for a cruise. Thing lays rubber on command now! :dancing: Runs PERFECT - better than it ever had. Also noticed the oil leak just about stopped once the temp got up enough.

Note to self - HEI plug gap NO MORE THAN .040"!!
SMITTY
 
Stoker Coal Boiler: Patriot Coal - custom built by Jim Dorsey
Hand Fed Coal Stove: Harman Mark III (not currently in use)
Coal Size/Type: Rice / Blaschak anthracite
Other Heating: Oil fired Burnham boiler

Re: Coffee 12-8-12

PostBy: Dann757 On: Fri Dec 14, 2012 8:44 am

Man that's something to think about. I hate misses in my trucks and they both have them. Maybe there's an aftermarket coil I could get for the GMC, prolly original coil and distributer. I swapped them on to the longblock I put in a few years ago.
Dann757
 

Re: Coffee 12-8-12

PostBy: SMITTY On: Fri Dec 14, 2012 11:11 am

Probably could use cap, rotor, plugs, and/or wires - coils rarely go bad although anythings possible.

With these new OBD-II emission wonders, even if you have a miss you can't even feel, it throws a damn code ..... then you fail inspection ... and get extorted for money every time you drive it. In MA anyway ... :x
SMITTY
 
Stoker Coal Boiler: Patriot Coal - custom built by Jim Dorsey
Hand Fed Coal Stove: Harman Mark III (not currently in use)
Coal Size/Type: Rice / Blaschak anthracite
Other Heating: Oil fired Burnham boiler

Re: Coffee 12-8-12

PostBy: Dann757 On: Fri Dec 14, 2012 12:53 pm

Hey Smitty I did all that prolly less than 1500 miles a go; Delco throttle air bypass valve too. It made a difference for sure but every once in a while it gets a miss. Lately the truck is just stone dead when I go to start it up sometimes. It's the battery terminals. I just loosen and tighten them back up and it starts every time. I've cleaned the battery side lead and the steel cable ends but it still has been doing this every once in a while. Of course I hacked the plastic cable protective ends off a long time ago so maybe the old coat 'em with grease trick will work. In the old days, a car would run off the battery for a while, even if the gen or alt was busted!
Dann757
 

Re: Coffee 12-8-12

PostBy: Freddy On: Fri Dec 14, 2012 1:42 pm

Rick 386 wrote:I agree with most of this Freddy EXCEPT WHEN OR IF it involves a nursing home or assisted living facility.


Yup... I think what I wrote is good as a general rule, but certainly there are times when things would be better if done differently. Damn lawyers! I don't know how it works, but if you have real estate involved and then pay a lawyer enough money I think he can set things up in some sort of trust accounts that will (might?) give better protection than a will. I think if that's done then a nursing home can take everything except what's in the trust, or at least allow the surviving spouse to live in the house until they pass. I dunno... I just know it helps to plan ahead. I'm not a lawyer, I just play one...and I'm not a gynecologist, but I'll take a look!
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined