[Lnc-business] Screening Presidential candidates
Roland Riemers
riemers at yahoo.com
Sat Feb 13 10:48:30 EST 2016
Wes, I am in the process of setting up my estate, and while I have no expectations of impending doom, I thought I would get that task done.
As most of my numerous kids (9) are doing well financially, I intend to pass on a mortgage that I hold, and want to get your feelings on this.
As I think I have previously stated, I do not like these one time large gifts included in any year end bonus of staff (unless they had a large input in securing it). But I also like to give some recognition to the party working staff. So, I would like small percent of the yearly take to staff (equally divided) as a bonus on May 15 of each year. (that being my birthday).
If I should get run over by a train today, the mortgage would be about $290,000. The interest rate is 6% per year. The monthly income to the party would be $2,800 per month. The mortgage currently has about 13 years to go.
As I believe you and several other staff still have the bonus options in your contracts, I wanted to make sure there would be no problem with this. In any case, I expect most of the current staff will have moved on by the time I eventually move out.
Sincerely, Roland Riemers ND
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