tag:blogger.com,1999:blog-2830084253401570472.post5045432699912160384..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: You can take it with you [updated]Eric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2830084253401570472.post-20963184980940797312012-02-22T09:24:50.009+13:002012-02-22T09:24:50.009+13:00I'd expect it's so that his company can ke...I'd expect it's so that his company can keep going. But I really don't know.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-54798148585807787092012-02-22T09:23:51.039+13:002012-02-22T09:23:51.039+13:00Excellent. They should be. But I know too that a l...Excellent. They should be. But I know too that a lot of things that make sense are banned because some folks think the exchange repugnant; this had reasonable chance of being in that set.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-65745320426555486602012-02-22T08:55:30.851+13:002012-02-22T08:55:30.851+13:00I don't really see the logic from Matt here. ...I don't really see the logic from Matt here. I would expect that his debts would be written off when he dies. I'd be spending the money on his medical expenses, then letting the IRD write off the tax debt. I realise that's a bit unethical, but hey, he's dying.PaulLnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-42032213625346143392012-02-22T03:51:40.523+13:002012-02-22T03:51:40.523+13:00I know that such policies are legal in America. W...I know that such policies are legal in America. When they were first introduced, the spread was quite high between the value of the policy and the buyouts that were offered, but they came down over time. So long as the current beneficiaries of the policy agree to it, there's really no harm to it. It helps people get their houses in order before they die so their heirs are not left with a bunch of mess to deal with.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-39532222915295682492012-02-21T15:53:43.939+13:002012-02-21T15:53:43.939+13:00So yes I will buy Matts death policy. What company...So yes I will buy Matts death policy. What company does it come from, and why would his estate insurance be responsible for his debts.<br />If he has an AMI policy or STATE or any rubbish the idea is off.<br />Why would he sell to me unless for advantage <br />Did you get insured with good people Matt?paul scotthttps://www.blogger.com/profile/15675247055484136242noreply@blogger.com