by Dave Duringer - Protective Law Corp | Dec 4, 2024 | Asset Protection, Blended Families, Blog, Bloodline Protection, Business Succession, Buying or Selling a Closely Held Business, Career Maintenance, Career Preparation, Charity, Creditors & Predators, Defensive Gun Use, Entity Formation, Estate Admin, Estate Planning, Estate Tax, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Fortune, Gift Tax, GST Tax, GunLaw.Pro, Health Planning, Honor, Incapacity Planning, Income Tax, Life, Limitation of Liability, News & Commentary, Operation & Governance, Pet Protection, Probate Admin, Property Tax, Punishment, Regulatory Compliance, Religious Faith, Retirement Planning, Spendthrift Children, Tax Planning, Trust Admin, Venture Protection, WorldExaminer.com
by Dave Duringer - Protective Law Corp | Oct 10, 2024 | Asset Protection, Blended Families, Blog, Bloodline Protection, Business Succession, Buying or Selling a Closely Held Business, Career Maintenance, Career Preparation, Charity, Creditors & Predators, Entity Formation, Estate Admin, Estate Planning, Estate Tax, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Fortune, Gift Tax, GST Tax, GunLaw.Pro, Health Planning, Honor, Incapacity Planning, Income Tax, Life, Limitation of Liability, Operation & Governance, Pet Protection, Property Tax, Punishment, Regulatory Compliance, Religious Faith, Retirement Planning, Spendthrift Children, Tax Planning, Trust Admin, Venture Protection
[Central Coast residents: You can safely ignore this article because we are here to help you with comprehensive planning.] Most of our local clients prefer to have the first meeting in person at our office in Morro Bay. After that initial meeting, many of these local...
by Dave Duringer - Protective Law Corp | Sep 24, 2024 | Asset Protection, Blog, Business Succession, Buying or Selling a Closely Held Business, Career Maintenance, Career Preparation, Entity Formation, Estate Planning, Family Protection, Financial Mentorship, Fortune, Honor, Income Tax, Operation & Governance, Regulatory Compliance, Tax Planning, Venture Protection
The decision to hire family members for your business is a delicate balancing act that involves both personal and professional considerations. Working with loved ones can create a sense of trust and unity within the workplace and has been shown to increase business...
by Dave Duringer - Protective Law Corp | Sep 1, 2024 | Asset Protection, Blog, Career Maintenance, Career Preparation, Creditors & Predators, Estate Admin, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Fortune, Honor, Life, News & Commentary, Spendthrift Children, Tax Planning, Trust Admin
There is a wonderful recent story about a Minnesota family that has baptized 27 babies over three generations with a baptismal gown made from the World War II parachute that saved grandpa’s life! I’m always coming up with analogies for trusts and often use...
by Dave Duringer - Protective Law Corp | May 26, 2022 | Asset Protection, Blog, Bloodline Protection, Career Maintenance, Career Preparation, Creditors & Predators, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Fortune, Honor, Life, Religious Faith, Spendthrift Children
I stole the title of this post from a great Babylon Bee article that just came out. For those who don’t know, Babylon Bee is satire. Strangely, their satirical articles often do come true. And this particular title hews closely enough to family settings often...
by Dave Duringer - Protective Law Corp | Jan 14, 2018 | Archived, Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Pet Protection, Punishment, Religious Faith
The term “family protection” is used in many different contexts. For example, in insurance planning it often refers to the concept of “income replacement” for a family bereft of its primary breadwinner. What should “family...
by Dave Duringer - Protective Law Corp | Jul 22, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship
The starting point for dealing with wealth disparity is having a common understanding of what family means for this generation and developing a shared vision for how to be a family in the future. This shared vision, based on the identification of shared values...
by Dave Duringer - Protective Law Corp | Jul 22, 2017 | Career Maintenance, Career Preparation
Ready for labor…and defense? In their first job, 70% said they want stabilityHaving come of age at the height of the recent financial crisis, job security is top of mind for people in Generation Z, according to experts. As a result, some of their...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Punishment, Religious Faith
Some families construct a legacy of memories and real estate, say by buying a vacation property that is held in a trust or other structure so it is equally owned by all heirs. “That keeps it intact for at least another generation and ensures that it is not...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Punishment, Religious Faith
Great article. Personally, I call my practice “family protection” law and the author appears to be on the same page as me. In its most fundamental state, estate planning should support the family (or the individual) first, and thereafter concern...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Punishment, Religious Faith
Among affluent families, the disconnect between what their current wealth transfer planning does, and what they want their planning to do, is staggering. While 75 percent of wealthy parents say it’s important to leave an inheritance to the next generation, only...
by Dave Duringer - Protective Law Corp | Apr 20, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Maintenance, Family Protection
The Number 1 living arrangement today for Americans in the 18-to-34 age bracket, according to the Census Bureau, is to reside without a spouse in their parents’ home. Source: Census: More Americans 18-to-34 Now Live With Parents Than With...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Business Succession, Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Pet Protection, Punishment, Religious Faith
Over the next 20 years, $30 trillion dollars could be transferred from the current generation to the next, making now a critical time for advisors to discuss multigenerational planning with high net worth clients. Along with planning for the financial...
by Dave Duringer - Protective Law Corp | Mar 20, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Green Berets rely on their problem solving abilities to survive in combat. Much of SF selection seeks to assess this talent and the Special Forces qualification course develops and improves creativity. Many times, military problems must be solved with the...
by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Asset Protection, Career Maintenance, Career Preparation, Estate Planning, Family Protection
Higher education is in a bubble, and bubbles burst. Will it be as bad as the housing meltdown and financial collapse 2008-09? That’s hard to say. Mega-banks aren’t bundling and selling worthless college degrees; those losses are left to fall on individual...
by Dave Duringer - Protective Law Corp | Feb 10, 2017 | Business Succession, Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Punishment, Religious Faith, Spendthrift Children
Good discussion of incentive trust planning: Many subjects that serve as substantial planning motivators aren’t found on client questionnaires and are frequently absent from planning discussions. Source: The Other Reasons For Estate Planning (Well actually, we...
by Dave Duringer - Protective Law Corp | Feb 10, 2017 | Business Succession, Career Maintenance, Career Preparation, Estate Planning, Family Protection, Financial Mentorship, Venture Protection
So how does someone determine if he is “too old” to make independence work? It really comes down to a few key characteristics shared by those advisors who took the leap: They really wanted it. They believed in their ability to migrate clients and grow. They had...
by Dave Duringer - Protective Law Corp | Jan 13, 2017 | Asset Protection, Business Succession, Career Maintenance, Career Preparation, Creditors & Predators, Estate Planning, Estate Tax, Family Maintenance, Family Protection, Financial Mentorship, Gift Tax, Income Tax, Retirement Planning, Tax Planning, Venture Protection
Among the chief goals of succession planning is providing continuity of management and minimizing the tax costs of transferring property interests to new generations.Source: Six Things Family-Owned Firms Should Know About Succession Planning
by Dave Duringer - Protective Law Corp | Jan 12, 2017 | Career Maintenance, Career Preparation, Charity, Family Maintenance, Family Protection, Firearm Legacy, Punishment, Religious Faith
And don’t forget it also bars you from possessing a firearm, under at least federal law. Marijuana does raise the risk of getting schizophrenia and triggers heart attacks, according to the most significant study on the drug’s effects to date....
by Dave Duringer - Protective Law Corp | Jan 8, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Protection
A new website is keeping track of radical leftist professors; mainstream media and academia are having a fit: And it’s REALLY not common sense, according to a growing roster of anguished media accounts, to aggregate a list of online news stories about academics...
by Dave Duringer - Protective Law Corp | Jan 2, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Protection
Grant writing expert Dr. Drew has solid conservative credentials — I should know, I ran with him on a tea party slate for Central Committee. I’ll bet things will certainly change for those promoting climate fraud. Trump’s stunning win will...
by Dave Duringer - Protective Law Corp | Jan 2, 2017 | Career Maintenance, Career Preparation, Estate Planning, Family Protection
Picking a low-cost school isn’t the only way. Source: 10 Ways to Cut the Cost of College And don’t forget that college planning should also be part of your estate plan — go to http://Protect.LIFE to arrange a free estate plan design meeting...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Asset Protection, Business Succession, Career Maintenance, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Venture Protection
When conflict arises between family and business goals, the natural inclination to minimize it can lead to a pattern of dysfunctional communication and greater conflict. The common practice of triangulation rarely leads to resolution of underlying issues and can be...
by Dave Duringer - Protective Law Corp | Sep 23, 2016 | Career Maintenance, Estate Planning, Family Maintenance, Family Protection, Religious Faith
Consider including provisions in your estate plan discouraging misuse of drugs and alcohol. Even this kind of alcohol: A new type of synthetic alcohol has been discovered which could allow people to enjoy the sociable effects of a few pints, but skip the hangover that...
by Dave Duringer - Protective Law Corp | Jul 26, 2016 | Archived, Business Succession, Career Maintenance, Career Preparation, Family Maintenance, Family Protection, Venture Protection
Trump has long relied on his children in business. Ivanka, Don Jr. and Eric all hold executive positions at the Trump Organization, working in side-by-side-offices a floor below their father’s.That same family-driven model has extended to politics. Trump’s...
by Dave Duringer - Protective Law Corp | Jul 26, 2016 | Career Maintenance, Career Preparation, Family Protection, Venture Protection
If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed. And at Protect.FM, we believe good estate plans protect families. We make it easy for your family to attain the comfort of skill at arms. David R. Duringer, JD,...
by Dave Duringer - Protective Law Corp | Jun 16, 2016 | Career Maintenance, Career Preparation, Family Maintenance, Family Protection, Health Planning, Retirement Planning
Women who put in long hours in their careers greatly increase their risk of developing life-threatening illnesses, including heart disease and cancer, a new study has shown. Source: Working long hours harms women but protects men, study shows If attacked, do you want...
by Dave Duringer - Protective Law Corp | Jun 13, 2016 | Career Maintenance, Career Preparation, Family Maintenance, Family Protection, Religious Faith
A top British thinker has claimed young women are in the grip of a “hysteria” which has made them unable to cope with being offended. Claire Fox, head of a thinktank called the Institute of Ideas, has penned a coruscating critique of “Generation Snowflake”, the name...
by Dave Duringer - Protective Law Corp | Aug 18, 2014 | Career Maintenance, Career Preparation, Charity, Family Maintenance, Financial Mentorship, Firearm Legacy, Pet Protection, Punishment, Religious Faith
If you have either life insurance or accumulated wealth, you may want to create a safety net for your children. Planning is critical if your children are young, in case something happens to you before they are ready to face life on their own without the benefit of...
by Dave Duringer - Protective Law Corp | Aug 18, 2014 | Career Maintenance, Career Preparation, Charity, Family Maintenance, Financial Mentorship, Punishment, Religious Faith
Incentive trusts are designed with the purpose of influencing behavior of the beneficiaries. The type and scope of these provisions is limited only by the imagination of the drafter, and a few more practical limits such as the assets required for implementation...
