Sassycakes
SF VIP
- Location
- Pennsylvania
my hubby kids an grandkids and all family and friends,
Surviving spouses have two years after a spouse's death to use the full capital gains deduction that both were entitled to before the spouse's passing.Downsizing soon enough to (a) get the double capital gains deduction selling our home as a couple rather than waiting until one of us dies, and (b) the "widow's tax". Whoever survives the first death gets socked hard on income taxes. Ugh!
I want to stay in my "right mind". I don't want to be a burden. I want to be able to get around until the end.
What is the widow's tax? I've lived in CA a long time and haven't ever heard of this...Getting our legal docs updated. I keep putting it off, and time just flies by, LOL.
Whoever dies first, the survivor will get socked by the 'widow's tax'. Ouch!
Oh how terrible for you. I will keep you in my prayers. Something similar happened to my husband.Lots of heart felt concerns in this thread. I don't have any concerns at this point. I was told a few months ago that I have a medical condition that is always progressive and fatal. Still doing test, so the time line is iffy, but it looks like 2 to 3 years for it to run its course. Surprisingly, I find this liberating.
My wife and I have no children, it's a painful subject and I don't want to elaborate on it. We have each other, just as we have done in all the 55 years of marriage and four years of friendship/courtship. One of us will have to say the final farewell to the other in the not to distant future. My prayer is that we can emulate my grandparents.Pick one thing having to do with your retirement. (I know that might be difficult) You can elaborate if you like.
I'm so sorry you are suffering so.My health. Retired age late 58, great health and physical condition. A week after turning 60 an accident has destroyed my physical abilities to the point I can barely walk, in constant pain.
I think that's what we all hope for.My mother passed at age 91. My sister passed at age 92. Both went to bed in their own time and never woke up. That is the way to do it.
Not if I have anything to say about it.......I look at Gidget and Louie and ask them why they are not Buffy and Max. Maybe I'll never love them the same, but after a few years I probably will. In the meantime, when Buffy broke my heart so badly by dying I thought I'd never be happy again. I mourned her and with the encouragement of people here, particularly @Georgiagranny, I got these two maniacs. They make me laugh they are such crazies.After that I may take a self arranged dirt nap.