Woe be he who decides to die in NYC. Though the reality is many people choose to move to low inheritance tax states for lifestyle purposes, why should one feel compelled to not live where they want to at the end of their lives? Sadly, there's one … [Continue reading] about THE ESTATE TAX PT II: THE STATES TAKE THEIR POUND OF FLESH TOO. PLUS OTHER SMALL INDIGNITIES.
THE ESTATE TAX DEATH BLOW
Just when you think you have gotten through that last hurdle and finally vaulted your genes out of the upper middle class and into the truly wealthy, they crush you with estate taxes. Though this tirade is really for the upper part of the upper … [Continue reading] about THE ESTATE TAX DEATH BLOW
SOCIAL SECURITY & PENSIONS
For all it's bad raps, I think pretty highly of Social Security. While a lot of people like to focus on its future insolvency and occasionally refer to it as a Ponzi scheme, I think the original idea behind it and the structure, were pretty solid. … [Continue reading] about SOCIAL SECURITY & PENSIONS
AFFORDABLE HOUSING: IT’S NOT JUST FOR THE POOR ANYMORE
Apartment 23D and apartment 24D are two identical units in Hunters Point South, New York City's largest affordable housing project in over thirty years. Both contain 1100 square feet, have two bedrooms, all new modern appliances, exquisite views, … [Continue reading] about AFFORDABLE HOUSING: IT’S NOT JUST FOR THE POOR ANYMORE
COLLEGE TUITION: NOBODY PAYS RETAIL, EXCEPT YOU
The increasing cost of college has been a headline topic for over twenty years. It basically goes something like this: annual college costs have risen x% a year, while the rate of inflation is only y% a year. For the sake of numbers let's use 3% … [Continue reading] about COLLEGE TUITION: NOBODY PAYS RETAIL, EXCEPT YOU