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Old 12-13-2009, 03:25 PM   #2
chrisinhouston
Professor
 
Join Date: Sep 2001
Location: Houston TX
Posts: 1,857
Quote:
Originally Posted by TheMercenary View Post
What ever would happen it would be far better than what we have now.
When I was handling my late parent's affairs I was amazed at the size and scope of their tax return. My wife and I took over for them when my dad was about 90 and going blind and my mother was around 84 and in the final stages of Alzheimer's. Neither could handle their finances because of their ages and health issues. Their financial adviser had moved most of their investments to bonds and some limited partnerships and yet their tax return averaged between 32-46 pages in length. This for 2 old people who mostly lived off of their social security money and pension funds that had been converted to IRAs many years ago. I saw IRS schedules and forms that I have never seen before or had need of. Just crazy.
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