My family is tearing apart

[SHRED]

My wife and I are very worried we will lose our Covered California when the ACA is repealed.

My son in-law posted this and now we are considering adjusting our will beneficiaries to remove him which means my daughter and family also.
He has TriCare.

How would you feel?
How would you respond?

[SharonAnn]

1. So 14 million is OK, but 20 million is not?

As far as your will - do whatever you think is right. It's your assets and you have the right to dispose of them however you want.

[avebury]

2. Totally agree.

If you decide to change your will I would recommend not saying anything to anybody in your family about it.

[SHRED]

8. I know

The problem is my daughter would lose out but yeah I'd never say a word.

This is awful.

[roamer65]

36. Bingo, Sharon Ann.

[sharp_stick]

3. Ask him how many

losing insurance is OK. It appears he's cool with a "measly" 14,000,000 losing coverage how many more would still be alright.

[Faux pas]

4. It's scary and sad out there. Always remember and never forget...

When they go low, we go high!

[hibbing]

5. How awful

What a disgusting meme.


Peace

[leftyladyfrommo]

6. Leave the money to Planned Parenthood.

Seriously, you have a problem. I don't know what I would do in that case. Fortunately, I only have a brother and he hates Trump.

[Odious justice]

7. Maybe it was only 14 million....

Shouldn't really matter one way or the other. If you think the information is wrong correct it, educate him, or cut him out of the will. Getting angry at him isn't going to make anyone live any longer. We seems to be at an all time low as far as civilized discourse goes, so why not throw some his way. Or just ignore it.

[haele]

9. I feel he needs to watch out for his TriCare. That's the next target.

The GOP has made it clear since 2004 that they're going to gut Tricare and the VA before they lower the boom on Medicare. All Federally provided health care is going to end up provided via a premium that purchases health care coupons and subsidized storefront-style community basic care clinics for people whose household income is too low to afford buying health coupons.

Ryan and McConnell's GOP has no problems with anyone not able to afford the dues to the clubs they belong to dying or losing their homes. 70% of the population is just excess to them.

If you want to ensure that SiL won't benefit should he still be married to your daughter if something happen to you and your wife, change your will to ensure that at least the grandkids will have their education covered under a trust, and donate the rest to a community health care resource.

Haele

[SHRED]

11. Thank you

We thought about an education fund.
We're are 57 and 60 years old.

My grandkids are 14, 6, 5, 3, and 1 years old.

Not sure how a college fund would work especially for the 14 year old in that funds won't be available until we both pass away.

[renate]

16. I think that's a good idea

While I totally understand your thinking, it would be a terrible shame for your daughter to be left with hurt feelings after losing her parents... that would be tough enough without feeling as though her parents had deliberately done something to leave her financially worse off than she had reason to anticipate. You don't want her to remember you with any bitterness.

Maybe you could just leave the money to the kids not in an education fund (since hopefully you'll be alive for a lot longer than the 14-year-old's need for education funds) but just to help them get started in adulthood. That way, even if she doesn't get the money, her family has been remembered in your will.

You could maybe talk to an attorney about whether you can set up a trust or something that only your daughter has access to, unless you think her husband would put pressure on her about how to spend it.

Again, I totally understand how you feel, but your memory is a family legacy that it would be unfortunate to let Trump spoil.

[SHRED]

17. Good ideas

Some for my daughters and the rest in trust funds for the grandkids to be paid out yearly after they reach say age 30.
Something like that.

[haele]

18. Well, it doesn't need to be a college trust.

There's all sorts of different trusts; including where they can't touch the principle until they get to a certain age - say, 30 or 40 years old unless it's used for education or medical (i.e., items that are tax deductible).

My FiL set up a trust like that for his two kids; when he died, his current wife has the use of the proceeds of the trust as well as their joint assets and what he left her so long as she lives; if she passes before the elder turns 60, my husband and his sister will receive half each of whatever is left in the trust.

If she's still alive, then the kids only get the principle, and she gets the remainder. Luckily, the current wife (who has just turned 62...)is a fair-minded woman who - if the new administration doesn't crash the economy - is a millionaire in her own right, and has indicated she doesn't seem to feel the need to touch the children's trust - well, yet.
She sends us statements from the trust every year so the my husband and SiL can feel comfortable "planning their retirement". I suppose when she stops sending statements, she's started using it.

Haele

[OldHippieChick]

22. Please consult an attorney. This is easily and often

done. You can set up a trust for your grandchildren and name someone you trust as trustee. You can also leave a set amount to your daughter if you want to make sure she knows you did not mean to leave her out. The attorney can arrange it so your life insurance proceeds, savings, investments and money from the sale of real property all goes into the trust.

[Bengus81]

10. And that whoever at daily signal knows EXACTLY how many...

are covered on ONE policy?? Total BS,there could be one person on a policy or 4/5/6 whatever. But Chump and his band of cutthroats will take care of that pesky "children on your policy until age 26" problem.

[guillaumeb]

12. Does he have any idea what TriCare is?

Sounds like another GOP voter who loves the ACA but hates Obamacare.

[crosinski]

13. Trustfunds for the Grandkids?

Once someone crosses a line with me, I close the associated doors. Some people think I'm cold for doing this, but I'm not. I'm very passionate, so I have to have clear boundaries. I have a similar situation and I'm making one person my beneficiary and not the other. It'll mean something to everyone involved long after I'm gone, and effect people in ways I didn't anticipate I'm sure. So I know this takes a lot of thought, and you'll make the right decision for yourself and your family.

[SHRED]

14. Thanks for the advice!

[procon]

15. Even if he doesn't have Obamacare, all the covered benefits still apply to other insurance.

EVERYONE with healthcare insurance will be affected. In the past, insurance companies could charge women as much as 80 percent more for health insurance than men, or deny them coverage, or cancel a woman's insurance if she had a pre-existing condition... including pregnancy. We'll see that return. Also the annual and lifetime benefit limits that booted really sick people off their insurance when they needed health care the most will be back.

Most people know that Obamacare requires insurers to allow parents to keep their children on their family plan until age 26, and people with pre existing conditions can't be denied coverage, and that applies to ALL insurance companies now, but these benefits will disappear if the GOP repeals Obamacare.

Insurance companies re now mandated to cover preventive services like mammograms and breast cancer genetic screenings, Pap smears for cervical cancer that can save lives. Other preventive care benefits include making contraceptives available at no cost, sexually transmitted disease testing, annual wellness visits, and counseling for alcohol abuse, tobacco use and domestic violence are also covered, and available without copays. This coverage also applies to children and also gives them hearing and vision screening, autism and developmental assessments for toddlers, vaccines and behavioral counseling for older children, and dental and vision care for children is free.

ALL of these new benefits will be taken away if the Republicans repeal Obamacare. Regardless of what insurance your son in-law has now, his benefits will be far fewer than they are today, and he will be paying a lot more out of pocket costs.



There's a couple of summaries with much more information on what's at stake:


What would the impact be if the Affordable Care Act is repealed?
http://www.politifact.com/truth-o-meter/article/2017/jan/05/what-would-be-impact-if-affordable-care-act-repeal/


50 ways to lose your coverage if Obamacare is repealed
http://www.kevinmd.com/blog/2017/01/50-ways-lose-coverage-obamacare-repealed.html

[roamer65]

38. Even employer-based plans will feel the pain.

Hospitals are going to increase prices VERY significantly to recover the lost revenue. Employer-based plan premiums will go through the roof. I see employers dropping coverage en masse.

[HAB911]

19. Does he have a clue they want to privatize Tricare?

Everyone is going to hell together

[Habibi]

20. I agree with setting up some kind of trust he can't benefit from.

Also, I don't know what the law is in CA, but in NY, inheritances are not considered marital property. So you could write him out of the will, but leave your daughter in. Of course, she could still choose to share it with him.

A trust is probably the better way to go. Good luck!

[MoonRiver]

21. I would NEVER remove one of my children from our will because of their political choices!

[TexasMommaWithAHat]

32. Me, neither!

Sometimes, I can't believe what I'm reading here.

I really can't!

[Hassin Bin Sober]

23. Stipulate she only gets a cut if she has divorced the prick. Otherwise leave it to the grandkids.

My partner's mom cut out her stepdaughter but set the will up so the stepdaughter's kid gets her cut.

The stepdaughter showed up to her father's funeral to see what she was getting. When it was explained she was one parent too early to put her hand out, she stormed off in a huff and de-friended the whole family.

Mom marched right to the attorney and changed the will. She didn't feel right cutting that side of the family out so she by-passed the awful person.

The step granddaughter turned out to be a lovely person in spite of her awful mother. Her and her mother haven't spoken in 20 years.

[Initech]

24. This is what we get when we live in a world where facts don't matter.

And the conspiracy theorists have been let out of the asylum.

[itcfish]

25. So What is the Big Difference?

Even if it was 14 million, that's still a hell of a lot.

[boston bean]

26. Just don't put his name on anything. You can't punish your daughter for her husbands ignorance.

[Phoenix61]

27. Please, please, please

Do not change your will because of this. I realize you are worried and upset but that is not the time to make such a far reaching decision.

[Else You Are Mad]

28. You would hurt your daughter because of her husband?

I think maybe you should talk to them before you do something you would regret. It may cost you your daughter and your grandkids over a facebook repost. Maybe, try to educate him as to why he is wrong before you hurt your family -- maybe, you can change his mind.

I don't know your situation, but maybe take a less of a scorched earth tactic.

[SHRED]

33. No

I'm leaning towards giving my daughters a set amount and a lot towards trust funds for the grandkids.
I'm thinking a yearly check for the grandkids after they reach age 30 until it's gone.

[onecaliberal]

29. Going through a similar situation. We have 4 kids. 2 older, and twins 14 year difference between fi

two. Long story short, we love them all dearly but decisions you make in life have consequences. Our daughter is married and her husband needs to figure out how they'll live like he expects the least of us to do that. If you live your life with one philosophy for poor people and another for yourself, that makes you a hypocrite of the highest order among other things. Weve decided on trusts to be disbursed at a certain age.

[SHRED]

34. That's where we are headed also

Trusts for the grandkids.

[MFM008]

30. If it affects one persons health

badly it is not good let alone 14 million.

M I L L I O N.

[gopiscrap]

31. my in laws have never seen their grandchildren

because they are repukes. My son is 26 and daughter 22

[tblue37]

35. Even 14 million would be a big F***ing deal anyway! nt

[EllieBC]

37. Leave money for the grandchildren that cannot be

touched until they are 18 or 21 and so he cannot touch it.

And may you live to be 120!

[Skittles]

39. even if the number WAS 14 million (which is a total lie)

what kind of sociopath doesn't care about 14 million people? Oh right, a REPUBLICAN

[TrekLuver]

40. It looks like your son in law lacks empathy. Maybe you can talk to him about it.

I know he may not listen...but at least you can make your position clear.