Bad News, My Sister died over the weekend:( Age 32:(

[speciallyblend]

I am really not sure what i am thinking right now but we will not have answers on how and why she died for 14 weeks or so? She has left behind a 3 and 12 yr old She is my half-sister but she was my only sister

I was wondering if anyone would be interested in helping me create some type of education fund for them? That they could use for school at 18??

I am really not sure what i am asking for right now. I am a lil emotional at the moment and i cannot even attend the funeral in VA today This has got to be a bad day for my dad and their is not much i can do for him or my family right now

any suggestions? or ideas? would be appreciated!!

I was thinking some type of fund for 1000 or more? ??not even sure where to start all i possibly might have this month is an extra 100! What would be a practical goal?? Would rpf members be interested in helping??

If anyone has some questions? I will try to answer what i can for now but alot of answers will not be known until the autopsy. Then i guess we have to wait 14 weeks for results is what my dad said.

sincerely kenny

[CaseyJones]

my condolences on your loss Kenny

[Carehn]

That sucks man. Sorry.

[amy31416]

I'm so sorry. My sincere condolences.

[A. Havnes]

That's absolutely terrible! I'm so sorry for your loss and for the poor kids she left behind.

[ItsTime]

So sorry for your loss . A local bank can help you set up memorial fund accounts where people can make donations.

[pcosmar]

Very sorry to hear. You have my condolence and my prayers.

[belian78]

My thoughts and prayers go with you man, I'm so very sorry for your loss.

[LibertyEagle]

My sincerest condolences, Kenny.

[acptulsa]

Oh, Kenny. My heart is with you, man. Hope their dad, or your dad, is ready to step up to the plate with those kids. And I hope everyone else around them lends a hand too. Those kids are going to need all they can get the next few months. That's an overwhelming loss and they'll need overwhelming love and support.

What you're talking about is generally done with some kind of trust fund. There are tax-deferred versions of these, but I have no idea if these are limited to parental contributions, or some other silly thing like that. You know how the gubmint is. Don't rush into this thing, you could cheat them and feed the tax beast if you do. Best to let the dust settle before you do anything irreversible.

Strength and solace to you, man.

[Napoleon's Shadow]

Sorry to hear that. You should go be with your family as soon as you can.

[sailingaway]

I am so sorry, Kenny!

[Bern]

Condolences man.

[Working Poor]

Dear Kenny-

I am so sorry for your loss. She was young and it seems so unfair not only to her but, her children as well.


I cannot advise you on how to set up a fund for her children but I would like to say that time spent with them could be just as important for them. Are they staying with their dad?

[acptulsa]

Dedicated savings plans in the child's name get taxed on any dividend or interest earnings, but at the child's tax rate. Children seldom earn enough to pay much more than FICA (Social Security) tax, so that's not bad. '529' plans are tax deferred (no tax until the money gets spent) and can be tax free. The downside is, they're all state-run. Virginia will set it up and make the investment decisions. Even if you look and find that the Colorado plan is better, you can't set it up in Colorado unless the kids are (or Colorado thinks the kids are) living there.

Hope that gets you off to a start on the project.

[Nate-ForLiberty]

hang in there Kenny.

I'm sure once we figure out the best way to set up a fund for the kiddos RPFs will throw a bunch of money into it.

[Sola_Fide]

Hang in there buddy.

[AdamT]

So very sorry to hear.

[jmdrake]

Kenny, I'm sorry to hear about this. My prayers are with you. As for the education account, we have one for both of our kids. Anybody can donate to it, not just parents. (Plus if there was such a limitation, people could just give to the parents who would turn around and donated it). Any financial planner can help you set one up. The taxes of the interest is deferred, and if the money is ultimately used for education there is no tax on it. Our kids account is doing well despite the fact that we went against our financial advisers initial recommendations for a fund that included companies we believed to be unethical.

I am really not sure what i am thinking right now but we will not have answers on how and why she died for 14 weeks or so? She has left behind a 3 and 12 yr old She is my half-sister but she was my only sister

I was wondering if anyone would be interested in helping me create some type of education fund for them? That they could use for school at 18??

I am really not sure what i am asking for right now. I am a lil emotional at the moment and i cannot even attend the funeral in VA today This has got to be a bad day for my dad and their is not much i can do for him or my family right now

any suggestions? or ideas? would be appreciated!!

I was thinking some type of fund for 1000 or more? ??not even sure where to start all i possibly might have this month is an extra 100! What would be a practical goal?? Would rpf members be interested in helping??

If anyone has some questions? I will try to answer what i can for now but alot of answers will not be known until the autopsy. Then i guess we have to wait 14 weeks for results is what my dad said.

sincerely kenny

Oh, Kenny. My heart is with you, man. Hope their dad, or your dad, is ready to step up to the plate with those kids. And I hope everyone else around them lends a hand too. Those kids are going to need all they can get the next few months. That's an overwhelming loss and they'll need overwhelming love and support.

What you're talking about is generally done with some kind of trust fund. There are tax-deferred versions of these, but I have no idea if these are limited to parental contributions, or some other silly thing like that. You know how the gubmint is. Don't rush into this thing, you could cheat them and feed the tax beast if you do. Best to let the dust settle before you do anything irreversible.

Strength and solace to you, man.

[acptulsa]

jmdrake, that one is a 529? And your state gives you input into the investments?

[newyearsrevolution08]

that is some terrible news to say the least. Sorry for your loss and those kids as well. That can't be easy on them in the least. I personally wouldn't focus on the monetary issues facing them when they are 18 however and focus on helping them NOW because growing UP is the hardest part especially without a parent (dad still around though?) so I say focus on them.

I can't even imagine because that is the exact age of my sister right now as well, kind of hits home for me.

very sad stuff man

[Chester Copperpot]

Sorry for your loss.

[reduen]

Sorry Kenny for your loss...

[jmdrake]

jmdrake, that one is a 529? And your state gives you input into the investments?

You're asking me about detail? Seriously though, I'm pretty sure it is a 529. And we weren't able to actually craft the investments ourselves to get the benefit. But when we told our advisers what we did and didn't want they went back and crafted a plan based on our prerequisite of no companies that we didn't approve of. I guess you could say we had "veto power". I'm not sure about all of the details, but I do know that other people can donate to it. I specifically remember him giving the example of grandparents. But I don't think there was a limitation to just relatives either.

[muzzled dogg]

Sorry bro

[idirtify]

sorry for your loss, kenny

[SWATH]

Sorry for your loss. My condolences.

[Deborah K]

Very sorry to hear this. May the Lord bring peace and comfort to you and yours during this very trying time.

[Meatwasp]

I hate to hear about young people dying. Like a flower that lasts for a day. My thoughts and prayers are for you and her children.

[acptulsa]

Be there for the kids, Kenny, but also be there for your dad. There is now a big hole in the kid's little world, yes. But having one's kid precede one into the Great Beyond is just completely contrary to the grand scheme of things, and it's liable to put your dad in shock sooner or later.

Have faith, brother. It may look overwhelming, but I know you well enough to know you have reserves of strength you don't even know about. Tap 'em, and keep on truckin'.