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#AssetProtection: Lessons Learned From Hillary Clinton’s Tax Returns

by Dave Duringer - Protective Law Corp | Aug 24, 2016 | Asset Protection, Estate Planning, Income Tax, Retirement Planning, Tax Planning

Self-Employment Income The Clintons earned $10,168,272 of self-employment income in 2015 from book royalties, speaking engagements and consulting, resulting in the payment of $301,698 in self-employment tax. As self-employed taxpayers, the Clintons pay both the...

#DGU of the Day: Teen Clerk Shoots Armed Robber in Mother’s Store

by Dave Duringer - Protective Law Corp | Aug 24, 2016 | Defensive Gun Use

  I don’t blame him. I am also fed up with getting instructions in multiple languages: As Santo was ringing up a customer, a masked male entered the store and demanded money from him at gunpoint at about 8:40 p.m., police said. Santo, whose mother also was...

FAQ: If I stroke out with guns, will my family strike out as accidental felons?

by Dave Duringer - Protective Law Corp | Aug 23, 2016 | Estate Planning, Family Protection, Firearm Legacy, Health Planning

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#FamilyProtection: It’s family, not friends, who may help you live longer, study says

by Dave Duringer - Protective Law Corp | Aug 23, 2016 | Estate Planning, Family Maintenance, Family Protection

For the study, Iveniuk teamed up with biostatistician L. Philip Schumm from the University of Chicago. The pair found that people who said they felt “extremely close” to those family members had about a 6 percent risk of mortality within the next five years. That...

#AssetProtection: 9 Common #EstatePlanning Pitfalls

by Dave Duringer - Protective Law Corp | Aug 23, 2016 | Asset Protection, Estate Planning

An estate plan is a delicate and complex machine that, when working properly, can offer your client a great deal of financial and emotional security as he nears the end of his life. However, like any finely tuned instrument, an estate plan is also extremely easy to...

#DGU of the Day: Assailant Discovers Violation of No Contact Order is a Contact Sport

by Dave Duringer - Protective Law Corp | Aug 23, 2016 | Defensive Gun Use

  OXFORD – A North Liberty man was shot by a homeowner in Oxford after entering a residence and assaulting two women inside, police said. Source: North Liberty man shot after police say he entered home, assaulted women | The Gazette If attacked, do you want...

FAQ: Can a gun trust help avoid liquidation of firearms if I become prohibited from owning?

by Dave Duringer - Protective Law Corp | Aug 22, 2016 | Estate Planning, Family Protection, Firearm Legacy

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#FamilyProtection: CGF Study Finds Assault Weapons Bans Do Not Pass ‘Rational Basis’ Legal Scrutiny

by Dave Duringer - Protective Law Corp | Aug 22, 2016 | Family Protection, Firearm Legacy, News & Commentary

The author, Clayton Cramer, is a noted historian whose work was cited in both District of Columbia vs. Heller and McDonald vs. Chicago. Cramer concluded that “There is no way to hold that AW bans which deny a fundamental right, as Heller determined the Second...

#AssetProtection: Using GRATs Prior to the Effective Date of the 2704 Proposed Regulations

by Dave Duringer - Protective Law Corp | Aug 22, 2016 | Archived, Asset Protection, Estate Planning

On Aug. 4, the Treasury Department issued proposed regulations (the regulations) that restrict or eliminate valuation discounts for family-owned businesses under Internal Revenue Code Section 2704. The regulations will be the subject of a public hearing on Dec. 1,...

#DGU of the Day: Man, 91, shoots suspected robber

by Dave Duringer - Protective Law Corp | Aug 22, 2016 | Defensive Gun Use

  “The suspect approached and began to act erratic. (The victim) told him he had a gun, he warned him three or four times and even had the gun pointed at him,” Campbell said. “But the suspect kept coming and pointed an unknown object at the victim.” Source:...

FAQ: Why does the myth persist that assault weapons cannot be passed into a trust?

by Dave Duringer - Protective Law Corp | Aug 19, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training

Not sure if I can answer this, but the NRA / CRPA webinar today with almost 1000 attendees erred in discussing gun trusts and will unfortunately perpetuate this myth. Basically, the problem is gun attorneys not knowing trusts and estates, and T&E lawyers not...

#FamilyProtection: #NRA / #CRPA Webinar Errs Today on Gun Trusts!

by Dave Duringer - Protective Law Corp | Aug 19, 2016 | Archived, Estate Planning, Family Protection, Firearm Legacy, Firearm Training

A webinar aired today by Michel & Associates, on behalf of NRA and CRPA, attended by almost 1000 gun owners, erred in discussing gun trusts.  Michel attorney Joseph Silvoso stated or at least strongly implied that assault weapons could not be owned in trust and...

#AssetProtection: Treasure at the thrift store — Photo discovery

by Dave Duringer - Protective Law Corp | Aug 19, 2016 | Asset Protection, Estate Planning

Nice to see someone other than probate attorneys profiting off bad estate planning: “I was flipping through, looking for records,” said Solis, who didn’t find any he liked.Between records, though, he came across a batch of black-and-white photographs printed with the...

#DGU of the Day: Mom Finds Male Intruder in Daughter’s Bedroom, Cures Him of Oxygen Habit

by Dave Duringer - Protective Law Corp | Aug 19, 2016 | Defensive Gun Use

  Tara-Alexis Ford, 33, returned home with her 10-year-old daughter and 5-year-old son in the early morning hours on June 26, but upon entering the home she discovered an unknown male in her daughter’s bedroom. Both children were in another room of the home at...

FAQ: Might a gun trust help keep my family together?

by Dave Duringer - Protective Law Corp | Aug 18, 2016 | Family Maintenance, Family Protection, Firearm Legacy, Firearm Training

Watch video here:

#AssetProtection: Major Components of New Section 2704 Proposed Regs

by Dave Duringer - Protective Law Corp | Aug 18, 2016 | Archived, Asset Protection, Estate Planning, Estate Tax, Gift Tax, Tax Planning

The new proposed Internal Revenue Code Section 2704 proposed regulations1 contain three sets of new rules. Here’s a brief summary of each of them. Source: Major Components of New Section 2704 Proposed Regs If attacked, do you want to be Victor or Victim? At...

#DGU of the Day: Cousin uses NYPD officer’s gun to fight off armed robbers in NYC

by Dave Duringer - Protective Law Corp | Aug 18, 2016 | Defensive Gun Use

  A pair of thieves, at least one of whom was armed with a gun, approached an off-duty police officer who was with his girlfriend and cousin outside a bar in New York City. An altercation ensued, during which the officer’s cousin was able to retrieve the...

FAQ: Can I use my gun trust to loan out guns and train others?

by Dave Duringer - Protective Law Corp | Aug 17, 2016 | Firearm Legacy, Firearm Training

Watch video here:

#FamilyProtection: Ginny Simone Reporting | S7 E9: “Every American’s Right” – YouTube

by Dave Duringer - Protective Law Corp | Aug 17, 2016 | Family Protection

While conservative support for Mr Trump is certainly no mandate for same sex marriage, certainly no one supports the civil rights of homosexuals more than conservatives. If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die...

#AssetProtection: How a Family Constitution Preserves Family Business

by Dave Duringer - Protective Law Corp | Aug 17, 2016 | Asset Protection, Business Succession, Estate Planning, Venture Protection

Good article in this month’s Trusts & Estates on how a family constitution helps to ensure successful family succession of family business: August 2016 | WealthManagement.com If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when...

#DGU of the Day: New school sign gives visitors a direct warning

by Dave Duringer - Protective Law Corp | Aug 17, 2016 | Defensive Gun Use

  CLAUDE, TX (KFDA) -A new warning sign is attempting to bring a safer environment to the small community of Claude.Outside of Claude’s school buildings is a newly placed sign that reads in big red print: “ATTENTION: PLEASE BE AWARE THAT THE STAFF AT...

#FamilyProtection: Estate Planning for Gun Owners – YouTube (Alexandria Kincaid)

by Dave Duringer - Protective Law Corp | Aug 16, 2016 | Estate Planning, Family Protection, Firearm Legacy

Fellow gun trust attorney and Fox news personality Alexandria Kincaid, ably addresses “estate planning for gun owners” in this video. After viewing hers you may also want to check out my latest video on some of the issues we face down here in California:...

#AssetProtection: Five Estate Planning Moves Advisors Should Consider

by Dave Duringer - Protective Law Corp | Aug 16, 2016 | Asset Protection, Estate Planning

You may not be a lawyer, but there are still several strategies you can employ to save money for your clients and their families, while avoiding potential headaches and heartache down the road. Source: Photo Gallery: Five Estate Planning Moves Advisors Should Consider...

#DGU of the Day: Woman Shoots Ex, Saving Self and Son, Age 11

by Dave Duringer - Protective Law Corp | Aug 16, 2016 | Defensive Gun Use

  According to police, Decker has a criminal history that includes burglary, rape, kidnapping and assault. According to the sheriff’s release, his ex-girlfriend feared for her life and the life of her 11-year-old son, who was also present during the home...

FAQ: How can I retain control of my guns, soon to be “assault weapons” under new California law?

by Dave Duringer - Protective Law Corp | Aug 15, 2016 | Archived, Estate Planning, Family Protection, Firearm Legacy, Firearm Training

Watch the video at http://GunLaw.Pro: Source: GunLaw.Pro – Free Seminars on California Gun Law

#FamilyProtection: The Most Important Moment In A Rich Kid’s Life

by Dave Duringer - Protective Law Corp | Aug 15, 2016 | Asset Protection, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship

Why place so much significance on a first conversation often held in a conference room? Because the succession of financial stewardship within families has a 70 percent failure rate. But, how to preserve multi-generational wealth can be planned and taught—so the cycle...

#AssetProtection: Eight Red Flags That Your Clients’ Estate Plans Are Out of Whack

by Dave Duringer - Protective Law Corp | Aug 15, 2016 | Asset Protection, Estate Planning

Estate plans, like complex computer code, can get buggy. As a financial advisor, you have a fiduciary duty to your clients to help them avoid negative consequences of bad planning. That duty includes keeping tabs on legal issues related to estate planning and getting...

#DGU of the Day: 80-Year-Old Shoots, Scares Off Robber in Scream Mask

by Dave Duringer - Protective Law Corp | Aug 15, 2016 | Defensive Gun Use

Not a proper use of a gun — I would never recommend firing a warning shot — but it is tough to argue with a good result! Camden, SC (WLTX) – Camden police say the 80-year-old owner of a laundromat in Camden was able to scare off a robber wearing a...

FAQ: What should my estate planning attorney know to keep me and my family out of jail?

by Dave Duringer - Protective Law Corp | Aug 13, 2016 | Firearm Legacy

“Gunpocalyptic Gun Trust Planning” Webinar Available for Public Viewing: Watch now — before it moves to our members-only online course area! Webinar • LawNews.TV (Protective Law Corporation)

#AssetProtection: PLR 201632014 Extension Granted to Make Portability Election

by Dave Duringer - Protective Law Corp | Aug 13, 2016 | Asset Protection, Estate Planning, Estate Tax, Gift Tax, Tax Planning

GiftLaw Note:Decedent died on Date 1, survived by Spouse. In order for Spouse to benefit from Decedent’s deceased spouse unused exemption (DSUE), Decedent’s estate was required to file Form 706 within nine months of Decedent’s death. Decedent’s estate failed to...

#DGU of the Day: Woman stops would-be robber at gunpoint

by Dave Duringer - Protective Law Corp | Aug 13, 2016 | Defensive Gun Use

  MARIES COUNTY., Mo. — A woman stopped a would-be burglar at gunpoint after the person allegedly broke into her uncle’s home. Source: Woman stops would-be robber at gunpoint | KRCG If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate...

FAQ: What are “Girl Guns”?

by Dave Duringer - Protective Law Corp | Aug 12, 2016 | Firearm Legacy

“Gunpocalyptic Gun Trust Planning” Webinar Available for Public Viewing: Watch now — before it moves to our members-only online course area! Source: Webinar • LawNews.TV (Protective Law Corporation)

#DGU of the Day: Teen shoots burglar in leg with shotgun

by Dave Duringer - Protective Law Corp | Aug 12, 2016 | Defensive Gun Use

  MYRTLE POINT, Ore. – A teenager used a shotgun to shoot a burglar in his home Wednesday morning, according to the Coos County District Attorney.The DA says police received a report of an attempted burglary on Spruce Street at 8:21 a.m.Officials say the burglar...

#AssetProtection: Modernizing Trusts for Modernized Families

by Dave Duringer - Protective Law Corp | Aug 12, 2016 | Asset Protection

A lot of nonsense in this article, but some good points are made: For example, advisors may need to help family members with charges, or disputes, of paternity. In the UHNW space, these claims can bring unwanted publicity. Members of high-profile families often worry...

FAQ: Can I use a trust in California to pass on my guns?

by Dave Duringer - Protective Law Corp | Aug 11, 2016 | Estate Planning, Firearm Legacy

“Gunpocalyptic Gun Trust Planning” Webinar Available for Public Viewing: Watch now — before it moves to our members-only online course area! Source: Webinar • LawNews.TV (Protective Law Corporation)

#AssetProtection: Analysis of the New Proposed Regulations Under Code §2704

by Dave Duringer - Protective Law Corp | Aug 11, 2016 | Archived, Asset Protection, Estate Planning, Estate Tax, Gift Tax, Tax Planning

On August 4, the Treasury Department issued long-awaited Proposed Regulations (Proposed Regulations) on valuation discounts for family-owned businesses under §2704 of the Internal Revenue Code (Code). The Proposed Regulations are out for comment until a public hearing...

#DGU of the Day: Purse Snatcher Shoots Woman 4 Times, Witness Shoots Robber

by Dave Duringer - Protective Law Corp | Aug 11, 2016 | Defensive Gun Use

  A woman was shot four times by a man who demanded her purse while she was leaving work.It happened Wednesday night at 10 p.m. in the 3600 block of Vaughn Blvd.A witness shot the suspect as he was fleeing the scene. Source: Purse Snatcher Shoots Woman 4 Times,...

#DGU of the Day: Intruder Climbs thru Baby Room Window, Armed Mother Rocks Him to Baby Room Temperature

by Dave Duringer - Protective Law Corp | Aug 10, 2016 | Defensive Gun Use

  “He broke in through the baby’s window, ok, and when he was coming out the door, my sister was coming out her bedroom door, he aimed and shot at her first and then she shot him,” said Eddie Ballard, the woman’s brother. Source: Mother shoots attempted break-in...

#AssetProtection: Kill The Estate Tax To Save Jobs – YouTube

by Dave Duringer - Protective Law Corp | Aug 10, 2016 | Archived, Asset Protection, Estate Tax, Gift Tax, Tax Planning

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,...

#FamilyProtection: Front Sight Reality Check — Episode 30

by Dave Duringer - Protective Law Corp | Aug 10, 2016 | Defensive Gun Use, Firearm Training

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,...

#DGU of the Day: Norwalk resident shoots knife-wielding intruder

by Dave Duringer - Protective Law Corp | Aug 9, 2016 | Defensive Gun Use

  A Norwalk man shot and wounded a knife-wielding intruder who broke into his home while his family was inside early Sunday, officials said. Source: Officials: Resident shoots knife-wielding intruder in Norwalk If attacked, do you want to be Victor or Victim? At...

#DGU of the Day: Man shoots, kills dog with extensive rap sheet, saves woman with German shepherd

by Dave Duringer - Protective Law Corp | Aug 8, 2016 | Defensive Gun Use

  The dog that was killed has a history of aggression and biting, according to the sheriff’s office. The sheriff’s office has investigated two previous incidents this year involving the dog, resulting in two citations to the owner, a 43-year-old...

#DGU of the Day: Man Kicks in Armed Woman’s Door, She Cancels His Appointments

by Dave Duringer - Protective Law Corp | Aug 6, 2016 | Defensive Gun Use

  The homeowner told police she heard loud banging and knocking on her front door. A police news release said the woman got her gun because she could not see who it was at the door and was scared for her life.The woman, who was questioned and released from...

Video: Gunpocalyptic Gun Trust Planning — Where There’s a Will, There’s a Way

by Dave Duringer - Protective Law Corp | Aug 6, 2016 | Estate Admin, Estate Planning, Family Maintenance, Family Protection, Firearm Legacy, Firearm Training, Probate Admin, Religious Faith, Trust Admin

Post-Gunpocalypse gun trust planning for California firearm legacy.

#FamilyProtection: American Shooter Virginia Thrasher, 19, wins first gold of Games

by Dave Duringer - Protective Law Corp | Aug 6, 2016 | Archived, Family Protection, Firearm Legacy, Firearm Training

RIO DE JANEIRO (Reuters) – American teenager Virginia Thrasher won the first gold medal of the Rio 2016 Olympic Games on Saturday, holding her nerve against two Chinese Olympic champions to clinch the women’s 10m air rifle event. The 19-year-old American...

#AssetProtection: Seven Psychological Issues for Clients Making Bequests

by Dave Duringer - Protective Law Corp | Aug 5, 2016 | Asset Protection, Creditors & Predators, Estate Planning, Family Protection

Some great info and advice here. Also some worthless psychobabble. In crafting an estate plan, many clients struggle with sleepless nights caused by wrenching emotional issues pertaining to their relationships with their children, their value systems, their...

#DGU of the Day: Woman, 80, saves 3 lives, fatally shoots intruder after he stabs her husband

by Dave Duringer - Protective Law Corp | Aug 5, 2016 | Defensive Gun Use

  An 80-year-old woman shot and killed a man who stabbed her husband after breaking into their Sultan home Thursday night, the Snohomish County Sheriff’s Office said.Medics airlifted the injured 75-year-old man to Harborview Medical Center in Seattle with stab...

#AssetProtection: Earmarked Gifts

by Dave Duringer - Protective Law Corp | Aug 4, 2016 | Asset Protection, Charity, Estate Planning

Parthian shot. If a gift is held to be earmarked for an individual, not only does the donor lose the income tax charitable deduction, but also could be subject to the federal (and possibly state) gift tax on transfers to individuals (assuming it exceeds the $14,000...

#DGU of the Day: Armed Female, 23, Gives Robber One-Way Ticket

by Dave Duringer - Protective Law Corp | Aug 4, 2016 | Defensive Gun Use

  GLENDALE, Ariz. (KSAZ) – Glendale police say preliminary results of their investigation of a shooting support accounts by a woman and other witnesses that the woman fatally shot a man who was attempting to rob her at gunpoint.Police say 23-year-old Carol...

#AssetProtection: Treasury Issues Broad Proposed Section 2704 Regulations

by Dave Duringer - Protective Law Corp | Aug 3, 2016 | Archived, Asset Protection, Charity, Estate Planning, Estate Tax, Gift Tax, Tax Planning

Although the details are significant, the bottom line is that the proposed regulations would appear to eliminate almost all minority (lack of control) discounts for closely held entity interests, including active businesses owned by a family. To accomplish that,...
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