The YMWDLOM Thread

Originally Posted by evolved

I called her back and said I can maybe get 6 of the 36 completed and she, to my surprise, understood and was very gracious about the whole thing.

I'm seeing quite a bit of last minute gifts this year. People trying to utilize that spread between $5.12mm and $3.5mm so as to not waste it. If the exemption does go back to $3.5mm, hopefully there are no claw-back provisions that would void their/our efforts.

We are seeing a TON of last minute gifts this year. Me and my analyst have 800 total billable hours budgeted for the next 34 days.....this should be fun.....

Every day we are getting another business valuation engagement where someone dragged their feet for the past two years and is finally realizing their window of opportunity is closing...so annoying, but at least we are getting a premium for it.

I'd put the chance of a clawback at about 1 percent, but stranger things have happened.

Originally Posted by Glight

We are seeing a TON of last minute gifts this year. Me and my analyst have 800 total billable hours budgeted for the next 34 days.....this should be fun.....

Every day we are getting another business valuation engagement where someone dragged their feet for the past two years and is finally realizing their window of opportunity is closing...so annoying, but at least we are getting a premium for it.

I'd put the chance of a clawback at about 1 percent, but stranger things have happened.

Fortunately for me, the actual work required on my part is pretty small. You guys do the heavy lifting (valuation work) and I just draft a few gift affidavits and (depending on the assets) deeds, stock transfer docs, etc.

I agree on the clawback. I think any lowering of the estate tax threshold will be unpopular enough without sticking it to people by making it retroactive.

Originally Posted by VaderDave

Fortunately for me, the actual work required on my part is pretty small. You guys do the heavy lifting (valuation work) and I just draft a few gift affidavits and (depending on the assets) deeds, stock transfer docs, etc.

I agree on the clawback. I think any lowering of the estate tax threshold will be unpopular enough without sticking it to people by making it retroactive.

Are you doing any formula gifting (using the wandry clause) or are you making everyone have their values squared away before year end?

Sent from my SCH-I535 using Bimmer App

Wish I had a family member who had the dilemma of gifting $3.5mil or $5 mil or whatever

[bimmer app/galaxy s3]

Originally Posted by Glight

Are you doing any formula gifting (using the wandry clause) or are you making everyone have their values squared away before year end?

Sent from my SCH-I535 using Bimmer App

We're either transferring easily valued assets (publicly-traded securities, cash) or assets that have been valued fairly recently (closely held business interests). I don't have any clients who are gifting in ways that might need to rely on Wandry.

for any press fans.

Originally Posted by Tom5933

Dave, what brand of suits do you recommend for us guys that are more muscular built?

You have to find suits that are offered in separates and have fairly serious waist suppression in the base design. Brooks Brothers has a few Regent fit models like this, available in staples like navy, gray, and simple stripes.

As for the waist suppression, I saw this bc we generally strive for the V or X shape and its difficult to work so hard for that and then look like a giant rectangle when you're supposed to look your nicest.

The Brooks Brothers models will run you maybe $800. I know that's tough to swallow, but many of us can attest to this: you will be much happier if you save up and get something good rather than buying some junk that will just end up cluttering your closet.

Another option is to go the sport coat and trousers route. Epaulet NY had some great prices on sport coats that would fit guys like you and me, but I think they're all gone. If you want to go the SC route, I think your best bet is a navy BB Regent blazer and some print pants. Try the Rudy cut from Epaulet. They're pricey but are made in a way that can be taken in/out very easily by a tailor.

Well I work out quite often with broad frame and arms, slim waist and the small asian wrist so the hardest thing for me is finding off the rack sizes that would fit decently without looking like its off. I find an amazing tailor and bespokes my shirts at a good price (actually better priced than name brand stuff + tailoring cost) which is looks good and i save some money.

as of right now... all Alden's/Barbour is working with code WINTER for 30% on J.CREW.com

Today. More rain and wind in the forecast.

Originally Posted by imolazhp_ci

as of right now... all Alden's/Barbour is working with code WINTER for 30% on J.CREW.com

30% off and I have $125 in JCrew gift certificates...

Originally Posted by dwass325

30% off and I have $125 in JCrew gift certificates...

super win.

Anyone heard of Beckett Simonon?

http://www.beckettsimonon.com/

Much like $20 Jeans, new dress kicks-maker Beckett Simonon's forgoing the typical expenses -- marketing, advertising, First World third-party manufacturing -- that force bold-name brands to mark-up retail prices in order to offer every pair of their premium derbys, wingtips, chukkas, and longtips for way less than you'd expect.

Originally Posted by E36Eric

Anyone heard of Beckett Simonon?

http://www.beckettsimonon.com/

never heard of them, but their site gives no insight to the manufacturing process, so until then, i'll write them off.

Originally Posted by E36Eric

Anyone heard of Beckett Simonon?

http://www.beckettsimonon.com/

What they're saying is misleading. They're not comparable to $300+ shoes. They're comparable to $150 shoes.

There are legitimate differences in the construction and materials that you find with shoes in the $300, $500, and $1000 price points.

This brand is likely entirely machine made, not recraftable, low quality leather, and made in a third world country.

I personally am willing to pay a premium for shoes made of American materials and by American workers.

Now, I'm not saying these shoes are total junk. They might very well be better than other brands from DSW and similar, but to compare them to brands like Allen Edmonds, Alden, etc is dishonest.

Originally Posted by dwass325

of American materials and by American workers.

Now, I'm not saying these shoes are total junk. They might very well be better than other brands from DSW and similar, but to compare them to brands like Allen Edmonds, Alden, etc is dishonest.

I'd compare them to Kenneth Cole.

Site says they are made in South America.

Look at that patina! I've seen hiking boots with less "dirt" in the creases.

Is it unacceptable to wear a work shirt (button down with the pocket) out, like to a club? I personally don't see a difference, but was just curious.

Originally Posted by Mike Larry

Is it unacceptable to wear a work shirt (button down with the pocket) out, like to a club? I personally don't see a difference, but was just curious.

no. that's fine.

one more question: how much space should there be at your belly/behind the buttons on a suit jacket? i want to get an old blazer taken in, but i'm not sure how much