tag:blogger.com,1999:blog-4402283548766807872.post5474267525823543732..comments2024-03-20T02:26:06.500-04:00Comments on The Blunt Bean Counter: Do It Yourself Accountants and LawyersThe Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4402283548766807872.post-86082604959183157062014-05-23T10:41:14.226-04:002014-05-23T10:41:14.226-04:00Hi Bet:
You are so right. I have had people argue...Hi Bet:<br /><br />You are so right. I have had people argue with me over $200 on an invoice and then go and purchase a shady tax shelter that ends up costing them $100,000The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-83948216703172789522014-05-23T09:18:53.993-04:002014-05-23T09:18:53.993-04:00It surprises me that people will pay $1000+ year a...It surprises me that people will pay $1000+ year after year for car or home insurance, but balk at paying $500-1500 once to get a good will written. One may or may not have a car accident or a house fire, but as things stand now, we're all going to die sometime.BetCrookshttp://financialcrooks.comnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-74374600507157190352014-05-20T16:57:20.383-04:002014-05-20T16:57:20.383-04:00Hi Pursuit 99
That is too bad about the prior acc...Hi Pursuit 99<br /><br />That is too bad about the prior accountant and financial planner. The problem I had was the opposite. I told people these things smelled bad or understand the risk that they may be reassessed and they complained I was boring and conservative. Funny how when all their friends were re-assessed they told me they were glad they listened to me :)<br /><br />Glad you found a great estate lawyer.<br /><br />Thx for reading all these years, I figured I would have bored u by now.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-48740559359205832142014-05-20T15:58:19.629-04:002014-05-20T15:58:19.629-04:00Great article, Mark. Wish I'd had a level-hea...Great article, Mark. Wish I'd had a level-headed and comprehensible accountant and a good financial planner when I started out. Not that I didn't try (and not that I didn't spend lots of $ on the ones I did have). Paying for and undoing some of the tax-sparing arrangements I created cost almost as much as I ever saved in tax deferrals. *Sigh* If only you and I had met years ago... <br /><br />By luck, my husband and I have found a super estate lawyer. We have great piece of mind in that respect. <br /><br />Once again, great post! <br /> Pursuit99https://www.blogger.com/profile/03325818430279854871noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-77473233169212606092014-05-20T13:21:20.186-04:002014-05-20T13:21:20.186-04:00Thx Kikispal:
The reality is most accountants, la...Thx Kikispal:<br /><br />The reality is most accountants, lawyers, financial plannersI have forgot more than any DIY will ever know. However, there are some circumstances where you can do without professional assistance, the problem is sometimes a DIY is not aware if they are in that situation or not.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-77840055905762508642014-05-20T09:45:34.816-04:002014-05-20T09:45:34.816-04:00This is a great article and one that many do-it-yo...This is a great article and one that many do-it-yourselfers and financial bloggers need to be aware of. Many people are not aware of how much technical proficency and continuing education is actually required for professionals to earn and maintain their designations, not to mention their ethical and fiduciary duties. There is also a significant difference between being able to write an article based on theory and to actually have the practical experience in complex legal, tax or financial planning situations. In many cases the advice you can receive from speaking to a professional accountant, fee-based financial planner or lawyer can save you more money than the actual cost in the long run. Thank you for posting and bringing more awareness to this issue.kikispalnoreply@blogger.com