Wild Card Page 139

Wild Card Questions

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..

22 Trillion Debt

I gather from your interview on Jim Bohanan the federal government is a pretty secure place for treasury bills, but..

Gold benefits at “end of the world”

Every article I have ever read about gold, negative or positive, never discusses exactly how gold will be used to..

student loans waived if teaching

Do teachers who work for Illinois and have federal loans is it possible that their loans can be waived

Student loans or distribute inheritance

Friend has a TSP account from his deceased wife and the money is designated for their sons college. Discussion- cash..

Inheritance — what will it be?

My parents had a successful small business. When they retired and sold the company in 1998 they had a trust..

Soc. Security lost because of “offset”

I heard you talk many times about waiting until age 70 to file for Social Security benefits . My wife..

Online Banking security

Which do you think is safer for online banking on an iPad? The app or the internet site? Lately when..

money

ASK TERRY

a personal
finance question