Fiduciary Access To Digital Assets
The Uniform Fiduciary Access to Digital Assets Act, enacted by several states, provides that fiduciaries may manage web domains and virtual currency, but unless the user has explicitly consented to the fiduciary’s access to E-mail, text messages, and social...Sources: Sean Hannity once pulled a gun on Juan Williams
[UPDATE: Yes, some of my fellow conservatives are low-information voters apparently, and blame me for spreading “fake news” — well, those of us who are involved seriously with firearm training and are capable of analyzing BS recognize there...President Trump Grades Out Well in the Eyes of Financial Advisors – TheStreet
President Trump has been in the office for a little over a month, and love him or hate him, financial industry specialists seem fairly bullish on his performance from an economic point of view. That’s the takeaway from a single question posted to a...Re-examining Your Client’s Trust-Owned Life Insurance Policy
Unfortunately, many wealth management professionals fail to view the underlying asset inside the trust—the life insurance policy itself—the same way they would consider other assets (e.g., stocks, bonds and real estate) and rarely re-examine the life insurance...Risk and Philanthropy Go Hand-in-Hand
Risk is the likelihood of an undesirable outcome. Every action includes an element of risk.Philanthropy is no exception to this rule. In fact, charitable donations—because they seek to solve seemingly intractable problems—are often referred to as society’s...VIDEO: Hero guard fatally shoots armed bank robber
Click play button to watch the video: My two cents is it was a good shoot, all around. The “buttocks shot” occurred almost exactly when the doors were opened to exit. Until then, it would not have been clear BG was withdrawing. But this does...Six Ways To Improve Family Business Governance
Here are some ways that an advisor could help a family business instill better governance practices: Provide guidance. Each new corporation or LLC document should be accompanied by guidance on governance activities that are required and recommended. In the...Rob Pincus Discussing Concealed Carry in Europe – 3/13/17 – YouTube
I heard about Czech Republic, but I didn’t realize Italy was permissive on concealed carry (relative to other EU countries). Good news. Time to visit Italy again.Protecting your assets from your spouse on Remarriage
Good discussion in this article, though written for Michigan. To learn more about blended family planning in California (and Thor/Bambi remarriage planning), take my free online course or attend the free seminar at my office focusing on this subject. Well,...The Game Plan to Successful Wealth Transfers
One common misconception is that sheltering the younger generation from knowing about the magnitude of the family wealth is in their best interest. Contrary to such opinion, the survey found that it’s important to teach children and grandchildren the family’s...Moderate Muslim female cleric explains limits on who can be enslaved, raped
https://www.liveleak.com/view?i=f74_1452606016 What do you think? Is this lady taking a reasonable, balanced approach here? (Use FB comments below.)Two New ETFs for Biblically Responsible Investors Make Their Debut
The model these ETF’s are based on is located here. As you can see from the parameters, it is solidly Christian and there is nothing in there that is anti-gun (closest thing to that is aiding oppressive regimes). This is a relief for me because a few...Should You Choose an Internal or External Successor?
Succession planning involves more than valuations and buy-sell agreements. Given all the blood, sweat, and tears you’ve put into your business, you don’t want to risk passing it to the wrong person—someone who doesn’t care for your clients the same way you do...McConnell: Tax reform unlikely by August
Senate Majority Leader Mitch McConnell (R-Ky.) on Thursday poured cold water on the Trump administration’s goal of completing tax reform by the August recess. Source: McConnell: Tax reform unlikely by August | TheHillAntemortem Probate? RIDICULOUS! “Living Trust” is better, more probative, etc.
Wow, what a ridiculous idea — ante-mortem probate! I have two simpler words that offer a better solution: “LIVING TRUST” What better way to gauge a testator’s true intent than a trust arrangement the testator lives with day in and day out,...Dogs ‘deliberately deceive owners’ to get what they want
[What your pets REALLY want is a pet trust to take care of them when you are gone. You will come around, eventually.] “These results show that dogs distinguished between the cooperative and the competitive partner, and indicate the flexibility of dogs to...Elite College Prices Now Exceed $70,000 a Year
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....Twelve Steps to Ease Clients into a Happier Retirement
Keith couldn’t wait to retire. He planned to volunteer, golf every day, and travel with his wife. He teased friends who were still “chained to a desk” as he flaunted his coming freedom. Yet, two months after retirement, Keith found it hard to get out of bed or...Successfully Climbing the Growth Ladder in Family Enterprises
In a fireside chat with Professor Michael Preston, Paul J. Fribourg, the keynote speaker, focused on the importance of having clearly defined roles for family members and making decisions as a unit. Fribourg is the Chaiman and CEO of Continental Grain Company,...Security Risks For Wealthy Families Are On The Rise
Credit card fraud appears to be most prevalent. 51 percent of respondents said that at least one of their clients was a victim of credit card fraud in the past year. Tax returns getting hijacked is another recent yet unsuspecting trend. In addition to credit...The 10 Most Valuable Comic Books Sold at Auction
Don’t throw out those comic books! Though still not considered “art” by many, comics are starting to reach the rarified auction air normally reserved for more traditional art investments. Source: The 10 Most Valuable Comic Books Sold at...Is Estate Planning Simple These Days?
Below is my response today to someone who posted on a gun forum that estate planning is “simple these days” — actually, my first response was THIS little guy, ROFL Taxes are usually an important consideration, but should rarely, if ever, drive...Is college worth it?
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...Trump orders reports on U.S. ‘honor killings’
(Warning: This report contains graphic images and details of honor killings in the U.S. that may offend some readers.) When President Trump issued an executive order “protecting the nation from foreign terrorist entry” into America Monday, he also called for a...Subway employee shoots attempted robber in chest, police say
You would think criminals would have learned by now to stay away from Kennesaw. A worker performing maintenance service for the business shot Yates in the chest, Cheatham said. Yates ran out of the restaurant and, minutes later, Kennesaw police got a call about...First Date Sex?
Now, I’m going to suggest a crazy dating concept in the 21st Century that might get you to the finish line without any wounds! Wait until you’ve got the full commitment! Make him put a ring on it first. I know one girl who is waiting until she gets married to...Gun Owner Ingenuity Again Trumps Sacradimento: Patriot Pin – YouTube
Top 20 Wealth Centers Worldwide
Real Estate firm Knight Frank, in their recently released 2017 Wealth Report, developed a City Wealth Index that weighs four critical factors in determining which cities matter most to the worldwide ultra-high-net worth (defined as those with $30 million or...These Are the 10 Cars to Watch for at the Amelia Island Auctions
My 1990 500SL would be in good company with some of these on the lower end. “Modern classics continue to be the hot topic that enthusiasts are talking about, not least because they are exciting new additions to sale catalogs,” said Alain Squindo, the chief...Americans Give Up Citizenship at Record Rates, Primarily Over Taxes
Giving up citizenship over taxes? There’s something strangely American about that. But always remember that if you give up your US citizenship, you are barred for life from possessing a gun or even hiring an armed guard. “To some degree it is President...Is It Better to Use Joint Ownership or a Trust to Pass Down a Home?
This article is very brief and easy to read, hitting the main points succinctly. (For more information, take our free online course.) In general, a trust is more flexible and provides more options to protect you and your child, but circumstances always vary....Family Business & Academia Need Each Other
Seems like just about every college has gone full marxist these days, and as a conservative I bristle at the idea that families really need those loons. This article makes a pretty good case that we all benefit from an academia attentive to Family Business....The Future Of Proposed IRS § 2704 Modifications Is UNCERTAIN
In estate planning these days, there is uncertainty and there is UNCERTAINTY. Over the last few years we’ve gotten pretty good at developing techniques to deal with uncertainty, but the UNCERTAINTY surrounding the proposed regulations related to 26 USC §...POLL❓How much actual time did you spend consulting in person with your attorney (NOT paralegal) during the #EstatePlanning process?
Please share this poll widely to maximize responses: Have a plan? How much actual time did you spend consulting in person with your attorney (NOT paralegal) during the #EstatePlanning process⁉️— Protective Law Corp. (@guntrust) March 6,...What Hurdles Prevent Estate Planning?
Basically: Can’t find an advisor they trust Confused on the basics (i.e., difference between trust and will) Think they aren’t wealthy enough to need estate planning Don’t want to think about death From WealthCounsel’s recent inaugural...50% of Americans believe a will avoids probate court
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: Despite this direct knowledge of what can happen, 50% of respondents with a will believe that wills protect them from probate court after they pass away, and more than two-thirds (70%)...35% experienced family conflict resulting from bad estate plan
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: Such disputes often occur among the not-so-rich and-famous as well: More than one-third (35%) of respondents have either personally experienced, or known someone who has...Only 45% understand estate plan can provide instructions on life support
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: Less than half (45%) tell us that they understand that estate planning can be used to express an individual’s wishes related to personal healthcare decisions, e.g., whether to...Only half of Americans know estate plan can provide guardian for kids
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: But another finding makes it clear that such awareness is theoretical, at best. Exactly half of all respondents don’t know that estate plans can be used to provide a guardian for a...71% say having good estate plan would help them feel like good spouse or parent
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: For instance, 71% of respondents say that having a well-thought-out plan would help them feel like a good spouse or parent, implying an awareness of the benefits that planning can offer...76% of Americans Think Attorney is Essential for Estate Planning
Even 73% of techno-savvy millennials agree, according to WealthCounsel’s recent inaugural Estate Planning Awareness Survey: Given the perception of estate planning as a confusing topic, it makes sense that three-quarters (74%) of Americans value...47% Incorrectly Think Estate Planning is for the Wealthy
According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey, a shocking 47% think that estate planning is mainly for the wealthy: Based on the survey results, it’s fair to say that Americans are confused about estate planning:...74% Admit Estate Planning is Confusing, Yet 61% Say a Will is Enough? That’s a #CopOut!!!
[I can’t call them “simple” wills because the problems they create are not so simple.] According to WealthCounsel’s recent inaugural Estate Planning Awareness Survey, a shocking 61% of Americans are satisfied that a stupid will is all the...Only 17% of Americans Have a Trust, 40% Have Just a Stupid Will
New WealthCounsel study released: Yet according to WealthCounsel’s inaugural Estate Planning Awareness Survey, only a bit more than half of Americans have a will (i.e., 40%) or trust (17%) in place, meaning that many are not properly protecting themselves and their...Basis Consistency and Reporting for Property Acquired from a Decedent
Significant coverage was devoted at the recently concluded 51st Annual Heckerling Institute on Estate Planning in Orlando, Fla. to the Internal Revenue Service’s proposed regulations (proposed regs) concerning basis consistency and reporting for property...Bank ETFs Booming, Investors Betting on Trumpian Deregulation
This year, investors have poured a combined $2.4 billion into three exchange-traded funds focused on banks — State Street Corp.’s Financial Select Sector SPDR fund, ticker XLF, BlackRock Inc.’s iShares U.S. Financials ETF, ticker IYF, and the Vanguard...Woman ‘accidentally cremated while still alive’
As we like to say in firearm training, there is no such thing as an accident — only negligence. (Or intent.} What are your end-of-life instructions? Get a free living will by attending our free estate planning seminar. A subsequent post-mortem later concluded...Eight Smart Steps Millennials Can Take To Plan For Retirement
For previous generations, retiring by age 65 with a nice pension was practically a guarantee. For the modern workforce, retirement age — and the concept of retirement itself — is a little more uncertain. In fact, a recent Merrill Edge report found that 83% of...Parents Are Paying for Millennials Much Longer Than Planned
We spent nowhere near this, and are doing fine. According to The Knot, the average wedding in the U.S. costs approximately $33,000, but there’s tremendous regional variation. In New York, for example, weddings cost an average of $82,000. Source: Parents Are...
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