Wild Card Questions
Taxes on sale of deceased parents home
Mother passed away and left everything in a living trust for 7 children . Her home is about to be..
How woman over 50 can make next career move.
How can a female baby boomer with a strong background in finance/corporate treasury convince employees she isn’t an antique? It..
Retirement at 65 from Military
Hi Terry what are my insurance options if I retire at 62. My husband is retired military and now works..
Value of American Telephone and Telegraph Company
My wife and I have a wedding gift of 5 shares of American Telephone and Telegraph Company dated September 15,1980...
Illinois’ taxation of retirement income
When my 401k expired and I had to begin receiving mandatory payouts from my personal IRA (which was funded by..
Income tax refund lost??
MY TAXES WERE FILED ELECTRONICALLY ON FEB. 27 2019. I CHECKED WHERE’S MY REFUND. MY MONEY WAS DEPOSITED TO MY..
tax return — separate to save money?
Hi Terry, My wife and I have been doing our tax return joint, would it be better to do ours..
1099
My wife was issued an unexpected 1099, it has raised what we owe substantially. After looking at the criteria for..
my life insurance
You indicated in your book that to avoid paying extra taxes to put insurance in someone else’s name. However, what..
Tax Question saw you on WGN!
I won a new truck in 2018 in the state of Wisconsin and was told I would have to pay..
Social Security and Illinois Workers Comp
Hi Terry, I have a dilemma. I was hurt at work and my weekly hours have been cut from 40..
Charitable Trusts
A month or so ago I caught the end of your discussion on WGN radio at noon time. You were..
Outstanding 401k Loan
Hi Terry, my job will soon be terminated due to layoff, and I have an outstanding 401k Loan, and I..
Estate Executor Can’t Deposit check
Dear Terry, I’m 74 years old, live in downtown Chicago, am the Executor of my deceased wife Susan’s Will and..
Having coin collection appraised
Hi Terry, I have inherited a rather large coin collection and have little interest in it, other than to have..
Investment in marijuana
Is it a good idea to invest in marijuana companies? If so which ones should I keep an eye on..
Death of loved one on a joint owned house
I have a mortgage with my mom. Mom just passed away. I am required to report her passing to the..
IRS etc. record keeping for deceased parents
My father passed approximately three years ago and my mother passed a few months before him. I am the executor..
6 Common AT&T Shares – dated February 23, 1984 — current value?
Would you be able to advise me what these shares are worth and how I might go about cashing them..
RMD required not fulfilled due to death
My husband died on Oct. 10, without having taking his RMD for 2018. Because his death certificate said the cause..