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Tuesday, October 25, 2016

WSOMN UPDATE, 25 OCT

SiliconVallyGary:  BILL, I HAVE SOME INFORMATION ABOUT THE ZIM, WOULD IT BE OKAY TO SHARE?

THE FOLLOWING INFORMATION IS FROM SEPERATE SOURCES THAN ADMIN BILL AND NOT PART OF HIS REPORT:

The main screens at Wells Fargo exchange centers are showing ZIM RATES at little over a dollar. There are four sets of rates. The market rate is the lowest, which was what was showing on the afore mentioned screens.

However, there are other rates available to people as appropriate for their goals, abilities, and resources.


AdminBill:  SVG - SOUNDS RIGHT


ADMINBILL:  I HAD A QUICK PM QUESTION FROM A MEMBER ASKING ABOUT WHETHER IT WAS REQUIRED TO BRING YOUR SPOUSE IN FOR THE EXCHANGE AND FOLLOW ON MEETING.

 I AM NOT A LAWYER SO YOU MAY WANT TO CHECK IN YOUR STATE.

 COMMON SENSE TELLS ME THAT HE YOUR SPOUSE IS NOT ON THE PURCHASE AGREEMENT HE/SHE DOES NOT NEED TO ATTEND.

SunniDaze:  ADMIN I THINK THEY DO IF YOU ARE GOING FOR THE HIGHER RATES AND SIGN AN NDA

ADMINBILL:  AN NDA WILL BE A PART OF YOUR EXCHANGE

SDTradeRunner:  Sunni I agree I am thinking that if we are signing a NDA i am also having my kids come. two are over 18 and the other one is 17 but I will have them attend the meeting

SunniDaze:  ST YOU HAVE THEM SIGN THE NDA LATER I DON'T THINK YOU NEED TO TAKE THEM AND IF THEY HAVE CURRENCY THEY HAVE THEIR OWN APT

SiliconvalleyGary:  That's my understanding as well SUNNI

SiliconValleyGary:  There is no requirement for your spouse to be in attendance at your exchange. As Admin Bill said, there is a sense of urgency around the completion of your exchange. Being considerate of children, shared responsibilities of spouses, possible issues between spouses, and various other factors mean your spouse does not have to be in attendance.

Gretah:  As a "just in case" statement - investments purchased with family money might have a requirement for both spouses to sign the IRS form.

SunniDaze:  THERE HAS BEEN SO MUCH DISINFORMATION OUT THERE ….THIS IS EASY PEAZY… AND I GOT THAT FROM THE HORSES MOUTH…. LOL…

WE HAVE NEVER BEEN THROUGH ANYTHING LIKE THIS BUT WHEN IT IS OVER YOU WILL GO …..WHAT A PIECE OF CAKE

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