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    Wills, Trusts, & Estate Planning

    Another birthday came & went, so my wife & I sat down to redo our wills & trusts. Many things have changed since the last updates, a decade ago, which is why I'm seeking advice. First, the good news is that we're in great financial shape. Our home is paid off ($1.7 million), as is our...
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    Selling big art collection

    Now that we're retired, we've decided to start downsizing with our art collection. Probably not a big problem if we lived on the mainland, but we live in Hawaii, so packaging & shipping are going to be significant factors, since we plan to sell the artwork ourselves. I contacted a half-dozen...
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    Reverse Mortgage when kids/grandkids not interested?

    DW & I are happily retired, with enough income to live comfortably. Both house & rental properties are mortgage-free, & living on Oahu is a HCOL area. Our real estate assets have been increasing in value since we bought them, as are our property taxes. Bought the house for $325K in 1993, & it's...
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    Valuating rental property for retirement

    We own a 2-unit rental property in Hawaii that brings us in what I call a "small pension." Wife handles the property, which Zillow values at $1.2 million, but is only bringing us in $30K/year because she likes the fact that our tenants have been there for more than a decade. After property...
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    Question on Medicare vs. private insurance

    Wife retires the end of June, & has been offered a consulting contract. One option is to continue with her existing health insurance, but I'm not sure if it will be mandatory to start paying for Part B. With her as a non-employee, does Medicare require applying for Part B? Or does her still...
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    What would you do with an extra $1 million?

    I've been happily retired for the past few years, & wife retires this year. She has decided to sell our rental property, which will net us around $1 million. However, in this weird market, I have no idea exactly what to do with that much cash! All of our other retirement funds are spread out...
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    Aloha from Hawaii

    My name is Ken, & I'm the semi-retired owner of a computer consulting company, who can't fully retire until my wife can join me in 2-3 years. My wife & I are long-time engineers & project managers, & are finally empty-nesters now that our granddaughter has graduated from university. Although we...
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