From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: X-Spam-Checker-Version: SpamAssassin 3.4.4 (2020-01-24) on inbox.vuxu.org X-Spam-Level: * X-Spam-Status: No, score=1.9 required=5.0 tests=DKIM_INVALID,DKIM_SIGNED, HEADER_FROM_DIFFERENT_DOMAINS,LOTS_OF_MONEY,MAILING_LIST_MULTI, MONEY_NOHTML autolearn=no autolearn_force=no version=3.4.4 Received: from minnie.tuhs.org (minnie.tuhs.org [50.116.15.146]) by inbox.vuxu.org (Postfix) with ESMTP id C486F25FB3 for ; Wed, 26 Jun 2024 05:34:54 +0200 (CEST) Received: from minnie.tuhs.org (localhost [IPv6:::1]) by minnie.tuhs.org (Postfix) with ESMTP id 2A2BF427F4; Wed, 26 Jun 2024 13:34:49 +1000 (AEST) Received: from gal.iecc.com (gal.iecc.com [IPv6:2001:470:1f07:1126:0:43:6f73:7461]) by minnie.tuhs.org (Postfix) with ESMTPS id BC8BF427EF for ; Wed, 26 Jun 2024 13:34:41 +1000 (AEST) Received: (qmail 30027 invoked from network); 26 Jun 2024 03:34:40 -0000 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed; d=iecc.com; h=date:message-id:from:to:cc:subject:in-reply-to:mime-version:content-type:content-transfer-encoding:cleverness; s=7549667b8c50.k2406; bh=EYWOH1ylzEg1kQ7mb530hRO+jm0wlZnBrBqs9FMKo1A=; b=4PCwxrgNPu/1oOy4h1xqJTIAuxXmfZQJ0lzyjLhU1wvBMQgE0WXqeFPkaZWIO1HKCJucha7qUSDbnlxoApsBUYmOj6r3bRY4wDiw2i8cJ+Zszhf85p4P7B6agapE1HNxpHgna/EP15zE6CfqV88dnjqlu3jmlBBFjUiuDqA3COkAbTJsvCEAhtrtUUCHFN7xZou5VxoMoiQrh13qhu+z4bs5SupDGDHwHAEdaeOfoWGOVcVP5yfKS/oodzPkCeLTGBPReNcjVIuk1I40RZvgRujNMkJG3kagUEL27g6RUcf5KEfGFr4JgucagWylVw+LKReLpwBkQUcM0foPxkNgJg== DKIM-Signature: v=1; a=rsa-sha256; c=relaxed; d=taugh.com; h=date:message-id:from:to:cc:subject:in-reply-to:mime-version:content-type:content-transfer-encoding:cleverness; s=7549667b8c50.k2406; bh=EYWOH1ylzEg1kQ7mb530hRO+jm0wlZnBrBqs9FMKo1A=; b=XQZEGRTMPpMkQwLWpGAzv0sKfy8kOSAVazDmtp5seD7zrMYAlHiYpuX1Igu+nImNRBO1syLBty0mfIbdqBHo/CkfXkJNkMuQkFbXanygDP1Xjx4I9NvaG1bjnTy0tA4h+RRSm30Gz6Lm8XyC9yAYyJwIBSDdUTaqFNDb90MDxvQOxIQnGmqRfMujNbKuZ96xcgNfCX9b7u2ii4cz9uKb9RliSmdeAvdlnJw0J0Sfzdu0j+p6PMBXml0fxbCVY4eeR9UPRzyfkwc/kxaHXnGD4VaFG4gHhlw9nI4lLnMjERGdBd1S3aM/IdDx3TABDyaNNoOrkDEnWnXzQXrGLkzU5g== Received: from ary.qy ([IPv6:2001:470:1f07:1126::78:696d:6170]) by imap.iecc.com ([IPv6:2001:470:1f07:1126::78:696d:6170]) with ESMTPS (TLS1.3 ECDHE-RSA CHACHA20-POLY1305 AEAD) via TCP6; 26 Jun 2024 03:34:40 -0000 Received: by ary.qy (Postfix, from userid 501) id F2B6A8E0F31D; Tue, 25 Jun 2024 23:34:39 -0400 (EDT) Date: 25 Jun 2024 23:34:39 -0400 Message-Id: <20240626033439.F2B6A8E0F31D@ary.qy> From: "John Levine" To: tuhs@tuhs.org In-Reply-To: <20240626012958.GH23135@mcvoy.com> Organization: Taughannock Networks X-Headerized: yes Cleverness: minimal Mime-Version: 1.0 Content-type: text/plain; charset=utf-8 Content-transfer-encoding: 8bit Message-ID-Hash: XCQX5WWZ72HXHLCJTQ72DRSOKNAKG5FY X-Message-ID-Hash: XCQX5WWZ72HXHLCJTQ72DRSOKNAKG5FY X-MailFrom: johnl@iecc.com X-Mailman-Rule-Misses: dmarc-mitigation; no-senders; approved; emergency; loop; banned-address; member-moderation; nonmember-moderation; administrivia; implicit-dest; max-recipients; max-size; news-moderation; no-subject; digests; suspicious-header X-Mailman-Version: 3.3.6b1 Precedence: list Subject: [TUHS] Re: Trust stuff, Re: Sad but not unexpected news about the LCM-L List-Id: The Unix Heritage Society mailing list Archived-At: List-Archive: List-Help: List-Owner: List-Post: List-Subscribe: List-Unsubscribe: According to Larry McVoy : >This is almost completely unrelated but somewhat in the "write your >will/trust the right way". ... >So I gave him my third but it is a pain in the butt. You can only >gift so much each year without a tax implication. Well, in principle, but unless you expect your estate to be over $10 million, you generally don't have to pay any gift tax. (If you do expect your estate to be over $10M, you need a real tax expert, not advice from random mailing lists. >The point being that none of the trust people had ever heard of, or >thought of, the idea that one of the kids would be willing to give >up their share. That's surprising. Every testamentary trust I've been involved with had language that let the heirs disclaim all or part of their share. I thought it was boilerplate. You are quite right that it's an important thing to include.