Barisone Verdict Is In: Not Guilty By Reason of Insanity

[MorganSercu]

@lazaret

Also 529 plans have a maximum value limit, depending on the state they are formed in, it’s $300k-$500k.

If it’s not used for education, any portion thereof not used needs to be transferred to another beneficiary or withdrawn at the usual income tax + 10% penalty on the earnings.

This. All of this!

(Quoting is my way of liking your post twice)

[iridedressage]

I have a question someone might be able to answer. Since MB was found NG of the charges regarding RG, and RG beat MB so badly, could MB sue RG for assault or would they claim RG was defending LK?

[LexInVA]

Common law and juror logic would hold that RG was defending LK.

[Wilbury_Pie]

Ok thanks, I stayed away from those plans in my country because they were new (35 years ago) when my daughter was young. She ended up with a university degree, but I didn’t want to box her into it.

[lazaret]

Well, there are personal injury attorneys that will take anything. Nothing prevents a suit even if it gets tossed out at preliminary.

That said I think the only way you could make a case that would actually get tried on the facts would be if you had a compelling case that RG created the situation that resulted in the Need to protect LK. That would be a pretty tough sell.

[cutter99]

@DownYonder

@Sdel

I imagine the recordings fall into the same category as social media….exaggerated twisting of reality into something sinister. Remember, the liability paperwork was described as particularly heinous and evil in addition to being a ploy related to the murder plot…

Hmmm. someone with a particular type of mental disorder could certainly think that an overheard comment of “get rid of them” meant “OMG, they intend to murder me.” When in fact, the comment meant “get them off the property.”

Maybe “get rid of him” was a phase they used among themselves concerning their plan for MB, so it took on a similar meaning in their minds when they heard “get rid of them”.

[CurrentlyHorseless]

@DownYonder

Another question re: the “source of funds.” I don’t have kids and don’t have personal experience with this, but aren’t there such things as educational trusts or educational IRAs many parents use to save $$$ for their kids’ education? And aren’t contributions to those “pre-tax”? So a parent can reduce his/her tax liability by contributing funds to such an account?

If so, I wonder if the K’s had such accounts for their kids and instead of using hers to finish college, LK is using hers for her “dressage education”? Is that feasible - or do the funds from those accounts have to be used for an accredited institution?

Idle musings before I head out for the day…

The contributions are not pre tax in terms of federal tax. Some states may give you some degree of deductibility on state taxes, but other states don’t.

The tax advantage is that the earnings grow tax free, so if you use the funds for educational costs, the earnings escape tax. But for the most part, contributions are after tax dollars.

If your child does not use the money for qualified educational expenses, the money can be recouped, but you probably have to then pay the tax on all the earnings, plus a penalty.

ETA. An owner of a 529 plan instructs the plan to make a payout directly to a qualified educational institution. Some apprentice programs qualify, but I doubt a dressage training barn would qualify.

[CurrentlyHorseless]

@Wilbury_Pie

It’s vaguely interesting what seems to trigger you, because you are the one who seems to be personally connected.

But not that interesting.

Thanks for making my point that people keep “speculating” that I’m personally involved. I’m not.

I provided two facts that led me to believe that Eggbutt had an inside source. Please tell me what insider information I have disclosed.

I know you won’t be able to; I have no inside info.

[Virginia_Horse_Mom]

@lazaret

@DownYonder

Is that feasible - or do the funds from those accounts have to be used for an accredited institution?

529 plan funds must be used at an accredited institution. UGMA, UTMA, and ESA accounts are different as they’re custodial accounts.

A UGMA and UTMA can be used to gift 16k per year tax free to the named beneficiary and the beneficiary takes control of the account at 18 or 21 years old, however, they have no tax advantage after the child is 18 or 21.

I would hazard a guess, given the age of the Ks three daughters, that if they did do specific college savings plans for them, they used an UGMA or UTMA. That was popular during the 90’s. 529 plans are a more recent thing, and popular for the younger generation - I have them for my kids (who are not yet in college).

[modifiedequitation]

Did people on this forum think La-La Pop Rider was Lauren Kanarek?

[MorganSercu]

Yes. It was hardly a guess.

[Virginia_Horse_Mom]

@jellybean2

Does anyone know if Michael has been moved from the jail yet?

As of yesterday, comments on Facebook indicate he was still stuck in the Morris County jail.

It seems a lack of beds at the Ann Klein facility are the limiting factor.

Comments also indicated that his May 17th hearing in front of the judge might get pushed back because of the delay in getting him to the Ann Klein facility.

I hope for his sake that he is at least doing some decompressing in jail right now, given the outcome at trial. He’s definitely “stuck” in a bureaucratic system right now… but this will not last forever. I would imagine Bilinkas is researching legal options, and if MB isn’t moved soon, will get filing something with the court.

In other news… the Go Fund Me is growing. That’s encouraging to see. It speaks volumes about how the broader community feels about this entire case.

[modifiedequitation]

@Virginia_Horse_Mom

In other news… the Go Fund Me is growing. That’s encouraging to see. It speaks volumes about how the broader community feels about this entire case.

Can you post the Go fund me link?

[Virginia_Horse_Mom]

There’s a link contained in this article from Nancy Jaffer.

https://nancyjaffer.com/the-curtain-has-yet-to-fall-on-the-case-of-michael-barisone/

[LiberalSnowflake]

@hut-ho78

It didn’t happen in a vacuum. It happened with a divorce and business breakup and $965,000 cash payout which possibly included 3 horses or they were plus, loss of income from wife/business partner, loss of barn manager/wife (notice LO was the one to step up not MHG or RC), aging, prior abuse, 8 plus concussions, an ice storm, and at least one known PITA client.

However, the defense insanity case depended on the danger being a delusion. The prosecutor’s case for sanity said it was threat.

The insanity defense held out. It is a delusion.

Gosh, you’re obsessed with his divorce, business break up, $965K cash pay out, and MBs aging. I only check in here every few days, but you accuse folks here about being obsessed by either all of this case, or certain parts of this case, and you just keep on going back to “divorce, business break up, $965K pay out and boy howdy, he’s getting old”, it’s quite remarkable.

[IdahoRider]

@see_u_at_x

Public high school kind of surprises me, unless it was a really good school.

There are some people who have the means for private school, but who choose public school to make a point. Plus, I doubt the kids were being bussed out of their neighborhood.
Sheilah

[ekat]

The other ones on the list are weird, especially in light of the trial testimony, but the aging comment gets me every time because I’m the same age now as MB was when the shooting occurred and I have no idea if I should be watching out for something. Maybe the ripe old age of 54 is when my brain is supposed to quit functioning. Should I warn my older relatives? What does it mean?

[MorganSercu]

Anyone here getting younger?

Did anyone here ever get divorced and there were assets to be divided?

Neither of these are remarkable events. Plus it was noted on the stand, I think, that MB had invested wisely & well. So while I don’t know ANYONE who enjoyed the division of assets & pay out portion of their divorce neither party is likely to have had bad legal or financial counsel.

[MorganSercu]

Also, if aging and a divorce is supposed to render individuals diminished in some way - well - Lauren was divorced and at 38 in August 2019 was hardly a debutante.

I doubt either condition led to her bizarre behavior.

I am not even convinced the drug abuse & addiction changed her personality for the worse. It may have revealed it but I doubt that. She was and is far too proud of how she used and abused others for decades prior to Aug 2019.

She didn’t even slow her roll when she and RG followed a young woman in a store, filmed her and added ugly comments as they strolled along. AFTER the shooting.

Who does this? Someone who has a long history of exactly that sort of behavior. Plural because Rob Goodwin participated too.

[Virginia_Horse_Mom]

@MorganSercu

She didn’t even slow her roll when she and RG followed a young woman in a store, filmed her and added ugly comments as they strolled along. AFTER the shooting.

Who does this? Someone who has a long history of exactly that sort of behavior. Plural because Rob Goodwin participated too.

Whoa. What was this all about?!!?