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Old 08-03-2022, 10:26 PM   #1
mowtorman
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Default Trusts continued

Saukee your example is perfect. You die...your daughter lives out the benefits of your decisions 20 years ago and probably her kids if she has any. I have no problem with trusts my point was not everyone has to pay for LAKELIFE which is offensive to people that have worked hard to achieve it. Trusts existed before and will expand as lake property becomes not sole proprietors but part of investment portfolios. It's no secret....I first learned in 1968 when we rented and the land down the road was posted no trespassing with a trust sign and 6 family names. We stayed away.

Us and them...lake users and lakefront owners. If you only could have seen the rafting on the Kona shores in the 80s. Everything old is new again...jetskis...rafting...speed limits...wakeboard....decibel limits ... no wake zones what's next?

Going back to the unhoused....not everyone has the same support and resources... that's life


Not everyone will own Winnipesaukee shorefront.... that's life.


Deinstitutionalization? I was there in the 80s in Vermont when Montpelier and Barre apartments became supervised community placements. It was very difficult for both city residents and former state hospital patients.
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Old 08-04-2022, 04:56 AM   #2
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Originally Posted by mowtorman View Post
Saukee your example is perfect. You die...your daughter lives out the benefits of your decisions 20 years ago and probably her kids if she has any. I have no problem with trusts my point was not everyone has to pay for LAKELIFE which is offensive to people that have worked hard to achieve it. Trusts existed before and will expand as lake property becomes not sole proprietors but part of investment portfolios. It's no secret....I first learned in 1968 when we rented and the land down the road was posted no trespassing with a trust sign and 6 family names. We stayed away.
We worked hard to achieve the Lake Life but I certainly take no offense to people that didn't have to pay for it. Good for them.
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Old 08-04-2022, 08:17 PM   #3
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Originally Posted by mowtorman View Post
Saukee your example is perfect. You die...your daughter lives out the benefits of your decisions 20 years ago and probably her kids if she has any. I have no problem with trusts my point was not everyone has to pay for LAKELIFE which is offensive to people that have worked hard to achieve it. Trusts existed before and will expand as lake property becomes not sole proprietors but part of investment portfolios. It's no secret....I first learned in 1968 when we rented and the land down the road was posted no trespassing with a trust sign and 6 family names. We stayed away.

Us and them...lake users and lakefront owners. If you only could have seen the rafting on the Kona shores in the 80s. Everything old is new again...jetskis...rafting...speed limits...wakeboard....decibel limits ... no wake zones what's next?

Going back to the unhoused....not everyone has the same support and resources... that's life


Not everyone will own Winnipesaukee shorefront.... that's life.


Deinstitutionalization? I was there in the 80s in Vermont when Montpelier and Barre apartments became supervised community placements. It was very difficult for both city residents and former state hospital patients.
Who care if something is offensive to someone else? It’s the problem of the person who chooses to feel offended.


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Old 08-04-2022, 10:27 PM   #4
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Who care if something is offensive to someone else? It’s the problem of the person who chooses to feel offended.
So I'm now free to call Major batsh*t crazy? Not that I would do that. I probably wouldn't.
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Old 08-05-2022, 08:51 AM   #5
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Default Trusts and Privilege

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So I'm now free to call Major batsh*t crazy? Not that I would do that. I probably wouldn't.
I consider Sailin's characterization a badge of honor. The primary reason why I decided to venture back to the Forum after two years is because of the insanity that is going on with our country. It is people like Sailin and her insane ideas that are destroying the fabric of our great nation. Conservatives need to fight against these insane policies tooth and nail.

Unfortunately, the voices of the silent majority of Americans are not being heard. I am reminded of the famous quote from Pauline Kael -- “I can’t believe Nixon won. I don’t know anyone who voted for him.” Most Americans do not believe climate change is an existential threat. They do believe, however, in conservation of our environment and energy independence. Most Americans do not believe the government's unconstitutional response to the virus was warranted. They do believe that modest measures should have been taken to protect our most vulnerable citizens and that the lockdowns, masking, social distancing and vaccines didn't work. Most Americans believe in controlling the border, funding the police, and relaxing of oppressive government regulation.

A quick note on trusts. My assets are in a trust controlled by my wife. We did this because we wanted to protect our assets from my business interests. I grew up in Laconia (Weirs) and like others have known many, many people who own waterfront properties. I can't think of one person who inherited their home. Without exception, all of them worked very hard and sacrificed to achieve a waterfront property. As I stated above, a recent study revealed that 89% of millionaires did not inherit their wealth. The trusts referred to by others are trusts like mine -- designed to protect assets, not to protect a vast fortune.

And finally, I noticed that one post mentioned privilege. Nothing crawls up my you know what like the mentioning of privilege. Like others who have commented above, the only advantage I had in life are awesome parents, who instilled in me values like, honesty, gratitude, hard work, integrity, sacrifice, fun, and self-reliance. My parents instilled in me the notion that NOBODY owes me a thing. Like many workplaces, my firm is exploring DEI training and from what I have seen, this is a destructive concept. The values espoused above are replaced by values like victimhood, jealousy, equity, etc.

To get back to the photo, there is a tale of two, not necessarily cities, but philosophies on life. This thread highlights the gap between the two.
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Old 08-05-2022, 10:06 AM   #6
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Originally Posted by Major View Post
The primary reason why I decided to venture back to the Forum after two years is because of the insanity that is going on with our country. It is people like Sailin and her insane ideas that are destroying the fabric of our great nation. Conservatives need to fight against these insane policies tooth and nail.
Welcome back Major. You've hit the nail on the head with these 2 simple sentences. Hopefully conservatives WILL wake up soon enough to save the country. No more:

Climate change
Green new deals
Pronouns
Woke-ism
Cancel culture
Trans this, that and the other thing
Bias this, that and the other thing

And the list goes on & on...
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