Reply to James Van der beek died! 48 yo :(

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just wish that people would connect the dots that [b]medical bankruptcy[/b] is a real thing and happens to lots of Americans every day.  I am too jaded to think this will open a broader conversation about national health insurance or safety nets.  Or that that the people who donate to James Van der Beek would also open their hearts to an unnamed destitute family in their own communities.  [/quote]

Except he had a multimillion dollar home in LA which he redesigned a few years ago (so he had money for that) and I think he rents out for $12,000/month and he has this property in TX.

If you'd said he is house poor, I'd get it. If you're saying he suffered from a medical bankruptcy, then I don't think you understand what bankrupt means.[/quote]

When did he redesign it? You don’t know if he paid for the renovations with cash or a HELOC. That rental income might be their only source of income. Who knows what the mortgage is, property taxes and maintenance cost. He set his family up with one known source of passive income.

If you don’t think their situation warrants a donation or it’s not within your means to do so, don’t give. I didn’t donate but I don’t have a problem with them asking. I am of the mindset that they [b]wouldn’t have asked if it wasn’t necessary[/b]. His wife is facing the reality of raising six kids alone. They have publicly stated that they used most of their money to pay for James care. I believe them.

Maybe she will ultimately downsize. Maybe she’s trying to get through this awful loss before she focuses on uprooting her kids. Also, it’s a big house in terms of square footage, but it’s five beds and three baths. That’s not exactly an unreasonable amount of space for six kids. As it is all the kids probably share a bathroom which sounds uncomfortable.[/quote]

The home was resigned around 2020, well after he knew he got no residuals. Who redesigns a home when you are without regular income coming in? When you don’t har enough saved for the future?

If the $12k rental income is the only income coming in, you’re stupid to go and lease an expansive place. One that is 5200 sq feet for the main house alone, on 36 acres, guest cabins and a pool for $5 million - yeah, that’s unreasonable.

The bolded is so crazy…we have no idea what the downpayment was that he put on the property, no idea how much debt remains on it, but a 36 acre property is not a necessity by any stretch of the imagination and a property of that size is an unreasonable expectation…if you’re asking other to fund these decisions.[/quote]

I agree that the ranch is large and probably not practical. They must not want to immediately uproot the kids and I’m sure it’s devastating for them to have to leave the last place they lived with their father, in the life they felt suited them. In any event, we don’t know the specifics. All we know is that a good person and father of six died and his family is not in a great financial situation. Help or don’t.  [/quote]

I think this is what it comes down to as well.  But it is HUGE cultural shift that people of this class are comfortable basically begging for money publicly.  All the  people who are criticizing and appalled are coming from a place of traditional American values which this completely goes against. Famous Hollywood buddies of heath ledger gave enormous amounts to his family, but it was supposed to be shameful to not be in this position and the shame was due to the overall opportunity available freely in this country. The fact that it wasn't friends of the family who canvassed around the wealthy milieu in which they existed but an open begging site and the fact that such  a site is needed signals a huge shift in the cultural and economic fabric of the United States.  the older culture of the country used to be that families and neighbors would mobilize to help a family like this while protecting their dignity and we have completely lost that part of our "Christian" character.

this really should be a conversation about medical care and how it is paid for and I am someone who is appalled by the begging aspect and poor  management but also have sympathy - it is tragic and very difficult.  [/quote]

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