William Brenner wrote:

- quote -

Been there; lived there, twice, "near or at" Fort Bragg.
Ancestors from there.

- quote -

Never been there, but have been to Armadale on the Isle of
Skye. Was just there week before last.

- quote -

Likewise never there nor wish to be there.

- quote -

Was there just two weeks ago for two nights. Cathedral
nickled and dimed you death (well, "pounded" you to death
with separate admissions for everything) and the castle only
admitted you for hourly tours, unlike any other castle in
all the land. But had a nice B&B and one nice pub grub
meal.

Naturally Dick I would always suggest a trip to Auld
Scotland. It's beautiful and uncluttered, roads uncongested
and people friendly.

Slainte!
Harlan Lunsford, GC and EA n LA

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Ferrari or Lamborghini

================================================== ==========
Moderator:
The Promised Land of North Carolina
Armidale, New South Wales, Australia
Canberra, Australian Capital Territory, Australia
Canterbury, South Island, New Zealand
Durham, England

Any of the above will suit me fine.
================================================== ==========

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"frank bruno" <fvbruno[at]optonline.net> wrote:

- quote -

Yours is really not a tax question but an investment
question. Suggest you see a qualified investment
professional.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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fvbruno[at]optonline.net says...

- quote -

There's not much that can be done to reduce the tax bite on
the $200K.

Paying off debt is the first thing that should be done. Why
pay 12%, 18% or more on credit cards and have the money sit
and earn less. (Don't think that you can beat the 12% in the
stock market. After all, the long term rate of return in the
stock market is only about 10%.)

More information is needed to determine what to do with the rest.

1. How old is he/she?
2. Job prospects.
3. Plans for immediate future, i.e. vacation, return to
school, etc.
4. Living expenses. For example, if the person's income was
$25K, then $200K would last longer than if it was $100K.

These are just a start. Now is a good time to visit with a
fee-based financial planner, who may or may not be a CPA or
EA (enrolled agent).

Gary

--
You can probably X figure out X which letters to X delete to derive my
email address X.

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- quote -

switzerland, caymans, luxemburg

after the us taxes be paid on it natch!

Dave

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"frank bruno" <fvbruno[at]optonline.net> wrote

- quote -

The first thing to remember is that stock options isn't
money. Until the options are exercised, and the stock sold,
there isn't any real cash to spend. I suggest taking the
stock and selling it ASAP (in the same year) to avoid AMT
(Alternative Minimum Tax) issues. Then there would be the
income tax matters to address (federal and state).

You can do what you want with the remaining amount, with
limitations on "retirement" contributions (there isn't any
way to defer this type of income, or the tax).

To get the best over-all picture, consult a local CPA or EA
that can advise after having a better total financial
picture.

--
Paul A. Thomas, CPA
taxman at negia.net

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I have a friend that is part of a layoff but will be
collecting more than 200k in stock options as part of the
package. Where would you put some of this money? Retirement,
college savings etc. They all have limits. Obviously we are
trying to pay as little tax as possible. Any ideas are
appreciated. Thanks.

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