Quote:
Originally Posted by patrickt
Of course it makes no sense (financially speaking, that is)... and he is probably laboring under the mistaken belief that the federal estate tax is somehow going to take all his money when he dies. Really, all he's doing is lowering the amount of money that he will be leaving his kids, or his wife, or the church, or the Society for Krishna Consciousness, or whatever. But that's certainly his right, so long as he fully understands what he is doing. Actually, it's his right even if he doesn't understand what he is doing -- and perhaps that's the case here.  |
I'm not laboring under anything, and as long as I must have a mortgage, I'll allow the Tax Codes to give me some relief. You don't know what my or anyone else's financial situation is and can only speculate, out loud, as you have.
As far as responsible financing and living your life to its fullest within your means, check the rest of the responses herein. Be happy. Life's too short to be snarly all the time. Let's stay on point and not derail the intent of this thread for the original poster and hope he gets to enjoy one of these great cars.