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 31, 2024 | Blog, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Firearm Legacy, Honor, Life, News & Commentary, Religious Faith
You may have seen my posts or heard my radio commercials on the idea of #DisinheritWoke. Like leaving a legacy of firearm training, i think it’s much more important than trying to succeed in politics or the courts. Is it any wonder why so many of my estate...
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 | Jun 28, 2022 | Asset Protection, Blog, Bloodline Protection, Business Succession, Buying or Selling a Closely Held Business, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Fortune, Honor, Incapacity Planning, Operation & Governance, Venture Protection
Benjamin Franklin famously quipped, “If you fail to plan, you are planning to fail.” From the very beginning, you had a plan for your business to succeed. You set goals and developed methods to achieve those goals. Your business has stood the test of time because you...
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 26, 2017 | Career Preparation, Family Protection, Financial Mentorship
“What spoils kids is not letting them taste the natural consequences of their mistakes. When we give them the impression that their choices don’t have natural, logical consequences and we rescue them from those — when we say, ‘Hey, you do that...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Preparation, Estate Planning, Family Protection, Financial Mentorship
Yikes. If ever there was a need for financial mentorship, it’s now. And yes, you can do that with your estate plan. How millennials feel about money and financial issues, in eight charts Source: Millennial Money Matters
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 23, 2017 | Asset Protection, Career Preparation, Creditors & Predators, Estate Planning, Family Maintenance, Family Protection, Spendthrift Children
Are 72 virgins really enough? What if they turn out to be 72 Virginians? If you are bound and determined to blow yourself into smithereens or commit some other irrevocable act of terror, at least buy some life insurance so your (surviving) descendants can live like...
by Dave Duringer - Protective Law Corp | Apr 23, 2017 | Asset Protection, Career Preparation, Estate Planning, Spendthrift Children
Among 25- to 34-year-olds living at home, one in four is neither enrolled in school nor working Source: A Quarter of Millennials Who Live at Home Don’t Work — or Study – Bloomberg
by Dave Duringer - Protective Law Corp | Apr 21, 2017 | Asset Protection, Career Preparation, Retirement Planning
Parents of young children usually have more places that their money needs to go than they have funds to cover every current and future obligation. You can help them sort out where to put each and every dollar each month so that short-term concerns are...
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 | Apr 11, 2017 | Asset Protection, Career Preparation, Creditors & Predators, Family Maintenance, Family Protection, Spendthrift Children
Regardless of the tax implications, there are several nontax reasons to set up a dynasty trust. First, you can designate the beneficiaries of the trust assets spanning multiple generations. Typically, you might provide for the assets to follow a line of...
by Dave Duringer - Protective Law Corp | Apr 8, 2017 | Career Preparation, Family Protection, Retirement Planning, Tax Planning
The kids can work their way through college like we did. ‘Should I dip into my retirement account to pay for college?’People do it, but most financial professionals advise against it. At the very least, experts say, you should limit such withdrawals, so as not...
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 | Mar 17, 2017 | Asset Protection, Career Preparation
Just 2 percent of high school athletes snag sports scholarships at NCAA schools. Here’s how to guide parents convinced their child will get one. Source: Eight Things Clients Need to Know About Athletic Scholarships
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Career Preparation, Estate Planning, Family Protection
Many people will be surprised to learn that a vast majority of schools routinely disregard their own price tags. So, why do they do that? Because, despite all the media hype about how hard it is to get into college today, it’s a buyer’s market at most colleges....
by Dave Duringer - Protective Law Corp | Mar 9, 2017 | Career Preparation, Family Protection, News & Commentary
College is no longer a place where students learn to be independent thinkers, but instead learn to march in lockstep with the fascist left. That’s the only “education” the progressives recognize as worthwhile. These are people for whom “snowflake” is a...
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 | Feb 10, 2017 | Asset Protection, Business Succession, Career Preparation, Estate Planning, Estate Tax, Family Maintenance, Family Protection, Income Tax, Tax Planning, Venture Protection
This article raises important points — plan for the long-term and don’t let taxes direct the planning over more important goals — plus it’s a good review of the many benefits of life insurance. But as I’ve previously noted, the...
by Dave Duringer - Protective Law Corp | Jan 14, 2017 | Business Succession, Career Preparation, Estate Planning, Family Protection, Financial Mentorship, Firearm Legacy, Venture Protection
[bctt tweet=”.@realdonaldtrump: You’ll say Mr. Pres we win #2A much, can’t take it & I’ll say #MAGA” username=”guntrust”] Trump’s legacy of winning is motivational for any individual, family, business or country....
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 4, 2017 | Career Preparation, Estate Planning, Family Protection, Firearm Legacy, Firearm Training, Religious Faith
The Constitution secures your freedoms as an American.Understand it like never before in Hillsdale College’s free online course. The U.S. Constitution is the key to securing liberty for all Americans — yet very few know exactly what it says, and...
by Dave Duringer - Protective Law Corp | Jan 4, 2017 | Career Preparation, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
YOUNG people are clueless when it comes to basic survival skills such as tying a knot or sparking a fire from scratch, according to research. Source: Millennials lack basic survival skills, research shows | UK | News | Daily Express
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 | Jan 2, 2017 | Asset Protection, Career Preparation, Creditors & Predators, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Religious Faith
A truly nerdy advisor with too much time on his hands put this together. Why nothing on Star Trek TOS? In preparation for “Rogue One: A Star Wars Story,” here are 15 lessons from the film series to help you be a financial planning Jedi. Source:...
by Dave Duringer - Protective Law Corp | Dec 24, 2016 | Career Preparation, Estate Planning, Family Protection, Religious Faith
Liberalism is a mental disorder, and really has no place in the education of your child. What do you PLAN to do about it? American families can seize power again with their estate plans, if they care enough to do so. “Have you ever wondered what it really means to be...
by Dave Duringer - Protective Law Corp | Dec 22, 2016 | Career Preparation, Family Protection, Firearm Legacy, Firearm Training
While the Sunshine State prohibits carrying concealed guns on college and university campuses, a historic private college has teamed with a local sheriff in a first of its kind program to arm faculty.Southeastern University joined the Polk County Sheriff’s...
by Dave Duringer - Protective Law Corp | Dec 5, 2016 | Asset Protection, Business Succession, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Venture Protection
Family businesses spend an extraordinary amount of time and capital (financial, human and intellectual) on skill building and education within the family system. Rising members of the family system must master many different skills. Some of these skills can be...
by Dave Duringer - Protective Law Corp | Dec 5, 2016 | Career Preparation, News & Commentary
University of California Hastings College of the Law Dean Faigman has called out the Bar as a “trade association that masquerades as a state agency” and keeps bar exam pass rates unconscionably low. When I attended Hastings in the eighties, it was...
by Dave Duringer - Protective Law Corp | Dec 2, 2016 | Asset Protection, Career Preparation, Family Protection
As higher-education prices continue to rise steadily across the country, parents face the challenge of covering these costs as their kids head to college.A growing number of families have been turning to college loans to ease the financial pinch.Here are 12...
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 | Nov 6, 2016 | Asset Protection, Career Preparation, Estate Planning, Family Protection
Parents often have no idea which assets hurt their financial aid chances and which do not.This is an especially relevant question because parents are now filing for financial aid for the 2017–2018 school year.Here’s a quick rundown of what assets parents must share...
by Dave Duringer - Protective Law Corp | Oct 30, 2016 | Career Preparation, Estate Planning, Family Protection, Firearm Legacy, Firearm Training, Religious Faith
See http://SacredHonor.us for information on values transmission planning. John Adams had a few things to say about schools John Adams John Adams was born Oct. 30, 1735. A Harvard graduate, he was admitted to the bar and married Abigail Smith in 1764. When the...
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...
