`My Diabetes My Way’ wins top UK award

mo1905 wrote:I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem. Many are now just accepting they will be renting property rather than buying. You have to time the property give away thing too. A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due.
It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt.

"I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem"

What about your assets Mo?

"Many are now just accepting they will be renting property rather than buying."

Nothing wrong with renting Mo. Many people in Germany, some quite wealthy rent. Renting can be cool, especially when a family member is your landlord, think about that.

"A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due."

Always get the best possible legal advice, it's well worth paying top dollar. I am lucky, two Lawyers in our family and a top notch Chartered Accountant.

"It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt."

Our youngest lives is a wonderful rented flat over looking the Solent. He lives with his girl friend and they live well. They run a nice car between them, they stick to the rules and never lie one iota, but they have learned to play the system. The Government do not give a monkeys, in fact they encourage it. The bottom line, the un-paid debt and never to be re-paid will run to tens of £billions over the next few years, and guess who will pick up the bill? You guessed it, the tax payer, you and me mate.

The bottom line, it's all a nil sum game, maybe.

mo1905 wrote:As Eddie mentioned, I also see this as a step closer to selling our medical records on to third parties or insurance companies. On the flipped, it would be nice to have a complete record available of all HbA1C's, blood tests etc ( assuming they are correct ).

I have kept all the printouts from when I was first diagnosed so I do have a record of my results, if this system does come into being it would be a lot better than having a pile off paper work stored away.

That said I had my annual review on Saturday and on looking they have cut back on the amount of tests being done, only total cholesterol and HDL results, ALT not done so no liver funtion tests either.

graham64 wrote:

mo1905 wrote:As Eddie mentioned, I also see this as a step closer to selling our medical records on to third parties or insurance companies. On the flipped, it would be nice to have a complete record available of all HbA1C's, blood tests etc ( assuming they are correct ).

I have kept all the printouts from when I was first diagnosed so I do have a record of my results, if this system does come into being it would be a lot better than having a pile off paper work stored away.

That said I had my annual review on Saturday and on looking they have cut back on the amount of tests being done, only total cholesterol and HDL results, ALT not done so no liver funtion tests either.

I used to keep all my records, then I thought who the hell is interested in what my HbA1c or lipid number were six years ago, including me. Bin it mate, the only stats worth knowing about are the latest stats. Are you doing well or are you on the way to boot hill, ya folla. This ain't train spotting and taking numbers.

It's good to know if you're improving or getting worse though Eddie. I don't get obsessive about it but if you only kept the latest results, you can't look for trends. Each to their own eh :-)

Loose Canon wrote:I used to keep all my records, then I thought who the hell is interested in what my HbA1c or lipid number were six years ago, including me. Bin it mate, the only stats worth knowing about are the latest stats. Are you doing well or are you on the way to boot hill, ya folla. This ain't train spotting and taking numbers.

True Eddie I'm not at all interested in your records from six years ago  as for mine I do like to look back so as to compare.

Well I'm one for keeping my paperwork  I have a separate filing cabinet 'Jan's Important Stuff' and I do refer to it quite regularly.  

Each to our own as the saying goes .......

All the best Jan

mo1905 wrote:It's good to know if you're improving or getting worse though Eddie. I don't get obsessive about it but if you only kept the latest results, you can't look for trends. Each to their own eh :-)

The day I cannot remember HbA1c, lipid numbers, kidney GFR etc from one test to the next, I will know the grey matter is on the way out. But as you say each to their own. Not taking the Mick, but all my numbers have been great since low carbing and dropping the junk. One day it will go pear shaped, but that will be beyond my control and down to clapping out with old age.

graham64 wrote:

Loose Canon wrote:I used to keep all my records, then I thought who the hell is interested in what my HbA1c or lipid number were six years ago, including me. Bin it mate, the only stats worth knowing about are the latest stats. Are you doing well or are you on the way to boot hill, ya folla. This ain't train spotting and taking numbers.

True Eddie I'm not at all interested in your records from six years ago  as for mine I do like to look back so as to compare.

What ever rows ya boat. It's today's numbers that count, the past has gone. But I can appreciate what you say. That being said your numbers have been rock solid for the last seven years, give or take very minor fluctuations that you can do nothing about. Am I right, or am I right?

Loose Cannon wrote:

mo1905 wrote:It's good to know if you're improving or getting worse though Eddie. I don't get obsessive about it but if you only kept the latest results, you can't look for trends. Each to their own eh :-)

The day I cannot remember HbA1c, lipid numbers, kidney GFR etc from one test to the next, I will know the grey matter is on the way out. But as you say each to their own. Not taking the Mick, but all my numbers have been great since low carbing and dropping the junk. One day it will go pear shaped, but that will be beyond my control and down to clapping out with old age.

That's the whole point of keeping your records ! You'll see signs of the grey matter clapping out gradually and may be able to do something about it ( tough ask though Mr Cannon eh lol ) :-)

Everything in Moderation lol !

mo1905 wrote:

Loose Cannon wrote:

mo1905 wrote:It's good to know if you're improving or getting worse though Eddie. I don't get obsessive about it but if you only kept the latest results, you can't look for trends. Each to their own eh :-)

The day I cannot remember HbA1c, lipid numbers, kidney GFR etc from one test to the next, I will know the grey matter is on the way out. But as you say each to their own. Not taking the Mick, but all my numbers have been great since low carbing and dropping the junk. One day it will go pear shaped, but that will be beyond my control and down to clapping out with old age.

That's the whole point of keeping your records ! You'll see signs of the grey matter clapping out gradually and may be able to do something about it ( tough ask though Mr Cannon eh lol ) :-)

Everything in Moderation lol !

Luv it ! "Everything in Moderation" Now where have I heard that before ? I know, Sid, the voice of calm and "moderation" at the flog.

Loose Cannon wrote:

mo1905 wrote:I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem. Many are now just accepting they will be renting property rather than buying. You have to time the property give away thing too. A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due.
It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt.

"I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem"

What about your assets Mo?

"Many are now just accepting they will be renting property rather than buying."

Nothing wrong with renting Mo. Many people in Germany, some quite wealthy rent. Renting can be cool, especially when a family member is your landlord, think about that.

"A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due."

Always get the best possible legal advice, it's well worth paying top dollar. I am lucky, two Lawyers in our family and a top notch Chartered Accountant.

"It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt."

Our youngest lives is a wonderful rented flat over looking the Solent. He lives with his girl friend and they live well. They run a nice car between them, they stick to the rules and never lie one iota, but they have learned to play the system. The Government do not give a monkeys, in fact they encourage it. The bottom line, the un-paid debt and never to be re-paid will run to tens of £billions over the next few years, and guess who will pick up the bill? You guessed it, the tax payer, you and me mate.

The bottom line, it's all a nil sum game, maybe.

So you take advantage of legal loopholes yourself but criticize others for doing so simply because they are richer than you? Others below you in the food chain would probably see you as a wealthy tax dodger too, it's all relative.

zand wrote:

Loose Cannon wrote:

mo1905 wrote:I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem. Many are now just accepting they will be renting property rather than buying. You have to time the property give away thing too. A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due.
It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt.

"I understand it makes sense to hand over your assets now before it's too late but sadly, many of our youth won't have that problem"

What about your assets Mo?

"Many are now just accepting they will be renting property rather than buying."

Nothing wrong with renting Mo. Many people in Germany, some quite wealthy rent. Renting can be cool, especially when a family member is your landlord, think about that.

"A friend of mine was gifted his fathers property but ended up owing many £1000's in tax. I can't remember exact details but if you die within 6 years of gifting, lots of back taxes are due."

Always get the best possible legal advice, it's well worth paying top dollar. I am lucky, two Lawyers in our family and a top notch Chartered Accountant.

"It's a tough gig for sure and still doesn't address the student fees issue. My boy was also fortunate to pay £3K in fees but living in central London, racked up huge debt."

Our youngest lives is a wonderful rented flat over looking the Solent. He lives with his girl friend and they live well. They run a nice car between them, they stick to the rules and never lie one iota, but they have learned to play the system. The Government do not give a monkeys, in fact they encourage it. The bottom line, the un-paid debt and never to be re-paid will run to tens of £billions over the next few years, and guess who will pick up the bill? You guessed it, the tax payer, you and me mate.

The bottom line, it's all a nil sum game, maybe.

So you take advantage of legal loopholes yourself but criticize others for doing so simply because they are richer than you?  Others below you in the food chain would probably see you as a wealthy tax dodger too, it's all relative.

For someone that does not like being judged, you are very quick to judge others Zand.

I have not broken the law, or encouraged others to do so. I take advice from Lawyers and Chartered Accountants, I reckon they know more about the law and tax information than I do. No off shore bank accounts or tax evasion for me. If you want to give your money away that's your business. Thinking ahead could assist your family big time, but that is up to you. So many people never think ahead and that can cost a small fortune, a huge amount of people die without even having a will.

I have tried to help people here beyond diabetes matters, probably a big mistake. I take for granted some can read between the lines. another mistake.

Have a nice day x

I didn't say you had broken the law at all.

Basically you are saying get rid of your assets so that the state will pay to take care of you. It's a common enough concept nowadays, that doesn't make it right though.

@Loose Cannon said

"So many people never think ahead and that can cost a small fortune, a huge amount of people die without even having a will."

Yes I agree, having a will is very important. Lasting Powers of Attorney can be a good idea too. They aren't that costly (£110 each,) if you do them yourself from the gov.uk website either.

"Basically you are saying get rid of your assets so that the state will pay to take care of you. It's a common enough concept nowadays, that doesn't make it right though."

I am saying use your assets wisely, I have been and still taking care of the state for the last 50 years. Even our youngest at Uni has been paying tax for the last two years. The state has never paid me one penny, other than my old age state pension and I don't intend to be kept by the state ever, unless my circumstances change beyond my control. It was you who used the term "tax dodger" not me.

With respect Zand you have a very naive view the world. Every day we pay a net £35 million into the EU an outfit so corrupt auditors have refused to sign off the financial accounts for the last 20 years. We are the people paying that money in, so unelected bureaucrats can be paid huge salaries, together with eye watering expenses accounts and with massive pensions when they call it a day. BTW they are spending money they have not got, so our kids will be picking up the bill.

Then we have the Greek situation. People like Jan cannot retire until she is 63, as you know the minimum state pension age went up not too long ago. Just as the Greeks lowered the age of retirement to 55, how cool is that. We contribute to that, wonderful.

Now the Greeks owe around 200 billion euros and will never ever pay it back. Only today they are negotiating the next big bailout monetary gift, of our money, never to be re-paid. Now the Greeks want to stay in the EU, who can blame them, free gifts of vast amounts of money, for ever it appears. The big EU bosses with never let the Greeks leave, because it will be the end of the big plan. If they let Greece go others would follow. The countries that leave would issue their own currency and the markets would rip the euro to shreds.

I could list a thousand and one ways the British people are being robbed blind, not only us, our kids, and even kids yet to be born. I make no apologies for doing my best to insulate my kids from the monumental greed, stupidity and corruption that permeates every single aspect of our lives.

I totally agree about the EU. We only voted to join a common market, nothing more, the rest has been foisted on us.

I can't retire until I'm 66.

Yes we are being robbed blind, no argument from me there either.

Do I have a naïve view of the world? Maybe. I know we are being robbed every which way. I know savings are worthless. I know the likes of you and I can't win whatever we do. Neither rich nor poor enough to benefit, we always will foot the bill. Is that naïve? Or realistic?

Realistic unfortunately. Most of us know the Gov't is corrupt and we are being taken to the cleaners but what is the alternative ? The way voting works now there is no way an average Joe can make a big name in politics without huge monetary backing. My political knowledge is limited but I honestly am uninterested in voting. Who should I choose ? I can't pick a single party or MP I trust. I think I've mentioned it before but I remember being at school and my parents voting and it was quite a different choice back then. The difference between the parties was palpable. Now, there is too much grey and merging of politics. I've seen many different Prime Ministers who all promised a great future but failed to deliver, only to blame another party. Sad state of affairs.

I agree about voting, none of the parties really appeal to me. I may end up voting for the person I know will do a good job in this constituency and not think about party politics.