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Joined 3 年前
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Cake day: 2023年6月15日

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  • #1 thing is to make sure all accounts have beneficiaries. Accounts should have a primary beneficiary (your spouse), and if there is the ability to make a secondary beneficiary, see if they will divide it among any children you have . This is of paramount importance.

    I know someone who passed away suddenly, and did not have a beneficiary on his “play money” stock account. His widow had to go through a lot of hoops to get access to it.

    From there, I am a big believer in paper. I want those statements coming to the house. I file them all, and my wife knows where I put them. If I were to go poof , I’m sure she (with a lot of help from her siblings) would make sure nothing goes unpaid.

    The Crypto is a different story, of course. When you can Be Your Own Bank, there are no beneficiaries or contingencies: it’s all keys. I have a bit of crypto in a HW wallet. But, years ago I moved some BTC to Coinbase, and it’s still there after all these years. I am thinking of moving the rest, just to make it easier for people to sell if I do go poof. Yeah , Not Your Keys, Not Your Coins. But it would be tragic if my crypto got lost because I bit it and nobody knew how to operate my wallet.





  • I don’t disagree, but the problem is that once you set up a particular oversight mechanism to monitor an official office like the Presidency, it is ripe for abuse. Just imagine what Republicans did to the Supreme Court, but laid as a boobytrap to cut any Democratic President off at the kneees. I think the Founders had it correct there, giving the Presidency broad powers but giving the Legislature equally broad oversight authority, because the Legislature answers to the People every two years.

    It’s not the founders’ fault that the Republicans in Congress choose to abandon that oversight when the President breaks laws to push their collective agenda.