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Wayne Koppa

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    • Thanks for the article. Just went thru the passing of a friend who had one person POA for heath care and another person POA for finance. They did not communicate well and it would have been much better if the same person would have been both health care and finance. Your case of having a disruptive family member is something I seem to see more that before. Someone could do a huge study on options. Once the individual passes the POAs go away and you need to have a trust and other stuff in place. It is a lot more complicated than it needs to be. Thank you again for the article.

      Post: Share the Power

      Link to comment from January 4, 2025

    • It is great your compiling some of your articles from the Wall Journal, I, and I am sure others, have copies snipped out or photocopied going back to that time. You have been so very instructive over the years. Your approach to the past few months have been much of the same. I hope someone recounts in writing your phenomenal approach to this challenge. You simply amaze me. I recently lost someone who did not have her affairs in order. Powers of attorney, will and trust and things like that. Those seem to be the brick and mortar of final planning. Your positive attitude, business like but caring level of planning is what is usually missing. You, as always, show us how to get things done. Thank you so much.

      Post: Model Behavior

      Link to comment from December 22, 2024

    • Question made me smile. Years ago we had a high school student from Latvia for a school year. I swear he went home with every original dollar he arrived with and more. Never brought books home. Moved him to AP Calc mid year, still no books. 4th in his class ranking. Took him to the Detroit auto show and we come up to the Bentley area and are looking at something that goes for a couple hundred grand. I say to him "there is a car for you", he stares into his wallet, then looks me in the eye and says "but what would my friends think?" Thanks for taking me back with your article.

      Post: Quinn is considering buying a Bentley

      Link to comment from September 8, 2024

    • Thank you for another excellent article. With friends and family passing away I have had final arrangements and transition of responsibilities and finances on my mind. I seem to be going backwards instead of forward and your details will help spur me on. My file I place important to do information is called Last Call. Thank you Johnathon for all you do.

      Post: No Slowing Down

      Link to comment from July 28, 2024

    • I like these a lot. Jonathon always has the good stuff. When I was overseas we had four short rules, maybe I should call them mantras. No matter how bad it gets - it can get worse. (Many people experiencing bad times falsely think times will improve and are taken back even more when they don't.)The information is not entirely correct.When they say it's over - its most likely not.They get tired - you don't get tired. (This is the most important of the four.)

      Post: Four Mantras

      Link to comment from July 10, 2024

    • This is terribly sad news. I still have many many of your articles cut from the WSJ. I am amazed but not surprised on your mental approach to the challenges ahead. I have had friends and family depart and have been recruited to get rid of their stuff. Converted most of it into scholarships at the local community college. This all causes concern over getting rid of my own stuff that I really don't use or need. Your appreciation for the simpler things in life, the first cup of coffee, is as always very instructive. Thank you for not only making us financially smarter but much more grounded, and I think purposeful, as individuals.

      Post: The C Word

      Link to comment from June 16, 2024

    • Go Army - The Salvation Army.

      Post: What are your favorite charities?

      Link to comment from June 8, 2024

    • Great subject. We have a local community college that will create an endowed scholarship paying $500 a year for $15,000 based on a 3.5% distribution rate. Early years can be iffy on earnings so sometimes they need to take a year off on paying. Here is the best part, if you come up with the first 10k the college will go into their own foundation account and provide the last 5k. You can establish the scholarship in the name of someone or a cause for 30% off. My wife and I both have inherited stretch IRAs that we have used annual distributions to fund a scholarship for the last few years. My distribution is a RMD but because of my wife's birthday this year, June 4th and 70, she misses the chance to do for a Qualified Charitable Distribution until next year, by four days. With the stretch IRAs we should have plenty of years ahead that we can choose to do this.

      Post: Not Dead Yet

      Link to comment from May 11, 2024

    • Once you spend money it's just like its gone. Maybe my own.

      Post: What’s your favorite financial quote?

      Link to comment from April 7, 2024

    • Live within your means.

      Post: What’s the most important financial concept?

      Link to comment from April 7, 2024

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