Thursday Thoughts......Partnerships....

iVillage Member
Registered: 04-23-2006
Thursday Thoughts......Partnerships....
22
Thu, 04-12-2007 - 7:02am

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 PPCLSIG.jpg picture by CalyD44

iVillage Member
Registered: 03-25-2007
Thu, 04-12-2007 - 7:50pm

Excellent thinking!

Blue

BLUE DIA
iVillage Member
Registered: 03-25-2007
Thu, 04-12-2007 - 7:59pm

Yeah, I even keep a separate account of all the money I make umpiring, taking student teachers, and doing things that are not work related. My name is on the account and my daughter's name. People now days think that is odd, but not from somebody who couldn't get credit.

My daughter was living with a young man who did not have benefits. Eventually she was able to put him on her insurance even not being married. That relationship didn't go well and he is long gone, but I guess they must have been recognized in CO as a couple after they could prove they were living together.

That is just awful about the power of attorney. I am not familiar with the phrase "durable power of attorney." What does that mean?

Blue

BLUE DIA
iVillage Member
Registered: 04-08-2007
Thu, 04-12-2007 - 8:20pm

We live in California, where domestic partnership is recognized. It's a very unromantic process of printing a form out from the state website and having it notarized and mailing it in. They do send a nice certificate though. Before we became "legal" domestic partners we had wills and medical/legal powers of attorney drawn up for both of us. Now that we are "legal" partners Shelley is seen as my next of kin in this state, my spouse. We have joint bank accounts, both our names on all property, vehicles and investments.We are the sole beneficiaries of each others life insurance. We've had car insurance together since the very begining, AAA did not require us to prove we were partners. I'm also fortunate that the hospital I work for has health benefits for domestic partners. If I needed to I can have Shelley on my heatlh insurance for no cost. However, I would have to pay extra income tax on the cost of that insurance. For straight couples it is not seen as income, for gay couples it is taxed as additional income. Don't get me started on that one!
Another benefit in this state of being registered domestic partners is that any child born into this relationship is automatically seen as having 2 parents, the both of us. Shelley's name will even be on our children's birth certificate, listed as the second parent. So, God forbid something happened to me before we were able to do a second parent adoption, Shelley would get the child. We plan to do second parent adoptions for all of our children, just as an extra legal protection for our family.

Shannon

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iVillage Member
Registered: 02-15-2004
Fri, 04-13-2007 - 1:10am

Hi Blue,

In my experience, when I was in a nursing home. (Long story), it was recommended that I make someone in my immediate family, my power of attorney, meaning someone that could take care of my bills if in the event I became mentally incapcitated. Fortunately, I came out of the nursing home with all of my marbles (of course, sometimes you can never tell lol!)

Unfortunately, I made the wrong person my power of attorny, my mother. She has the first sign of Alzheimer's: dementia. She no longer wants the legal responsibility of the power of attorney over me, so I told her to tear up the legal paper giving her control over anything that happens to me. So, that's my experience, indirect experience, of power of attorney.

So, just add that concept on your partner. You can give your partner control over you and your assets should you become mentally incapacitated.

I do hope that's accurate enough.

Sebastian

 


Hugs,


Sebastian


 


http://www.facebook.com/sebastianbruce

iVillage Member
Registered: 04-23-2006
Fri, 04-13-2007 - 7:04am

durable power of attorney


A legal document conveying authority to an individual to carry out legal affairs on another person's behalf.

As SB said, its legally giving someone else the right to

 PPCLSIG.jpg picture by CalyD44

iVillage Member
Registered: 04-23-2006
Fri, 04-13-2007 - 7:12am
Nice Shannon!

 PPCLSIG.jpg picture by CalyD44

iVillage Member
Registered: 03-25-2007
Fri, 04-13-2007 - 12:19pm

Thanks for clarifying. I knew what power of attorney was, I had just never heard of the durable part.

I have another question. It doesn't belong in this thread, but I need help. How long does it take to get over somebody. I have never done this before and sometimes the pain is just excruciating. and I am ready for these feelings to end. I know there is no real set time period, but is there a time frame that experts say there is to get over things like this or someithing like a death? I am just dying here and of course there is nobody to talk to, and if there was, it's like beating a dead horse.

Very Blue

BLUE DIA
iVillage Member
Registered: 03-25-2007
Fri, 04-13-2007 - 12:54pm

Thanks, Bro. Clear enough.

Blue

BLUE DIA
iVillage Member
Registered: 11-16-2005
Fri, 04-13-2007 - 2:08pm

Awwww, Blue...I just responded to your post in ulka's thread. I really do believe that time does heal pain like this. My therapist told me that it takes the average person about five years to get over a divorce, especially one that's not very amicable. I can see how that could be the case. It took me about

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iVillage Member
Registered: 06-24-2003
Sat, 04-14-2007 - 8:17am
Sheila and I have everything together. A joint checking and savings account credit and debit cards. Both our names on the mortgage, cars and insurances. Even the vet has us as both of our last names together. We also have it planned to be burried together.
Our families are supportive in our relationship, but we do need to get a will so there will be no questions.
We had the mortgage legaly done with a lawyer so that if something happens to one of us the other gets the house.
Sort of like an investment.
Laurie

My web pages
http://homepage.mac.com/lauriedav/PhotoAlbum1.html http://hometown.aol.com/didoangst/myhomepage/photo.html