by Dave Duringer - Protective Law Corp | Dec 2, 2019 | Business Succession, Estate Planning, Venture Protection
As your small business expands and evolves, it may make sense to consider changing its structure. Many small businesses start out as sole proprietorships or partnerships, with only one or two owners and no employees. Over time, as your business grows and...
by Dave Duringer - Protective Law Corp | Nov 4, 2019 | Business Succession, Financial Mentorship
You have spent years building your small business, but have you taken time to consider what will happen to it when you retire, become disabled, or pass away? Although it is often hard to fathom an event that may not occur for many years, it is important to put...
by Dave Duringer - Protective Law Corp | Oct 18, 2019 | Firearm Legacy, Firearm Training
Several decades ago, an effort to add gun training to California curriculum was opposed by pediatricians here. But other states are discovering the value of this training: Then again, it might. In much of the country, the words guns and schools do tend to go...
by Dave Duringer - Protective Law Corp | Oct 18, 2019 | Estate Planning, Family Maintenance, Family Protection, Firearm Legacy, Religious Faith
Excerpts: Christianity elevated matrimony to a sacrament, affirming its indissolubility. When the Roman Empire collapsed the only reality which endured to form the basis of a new society was the family. The birth of the Middle Ages coincided with the...
by Dave Duringer - Protective Law Corp | Oct 18, 2019 | Asset Protection, Estate Planning, Family Protection, Tax Planning
Dynasty trusts may be a tough sell when it comes to some millenials. How long did AOC say we have, twelve years? On the other hand, clients who are sane may benefit from acting now to create a dynasty trust before the window closes in 2026 — or perhaps...
by Dave Duringer - Protective Law Corp | Oct 18, 2019 | Retirement Planning, Tax Planning
You may find Kiplinger’s updated tax map surprising: Click on any state in the map below for a detailed summary of state taxes on income, property, and everything you buy. Check out our slideshows below, including our picks for the 10 most tax-friendly and the...
by Dave Duringer - Protective Law Corp | Oct 17, 2019 | Firearm Legacy, Firearm Training, News & Commentary
Florida now joins several other states in allowing teachers to carry. Smart teachers will step up and do so. Smart school districts will make it a job...
by Dave Duringer - Protective Law Corp | Oct 4, 2019 | Estate Admin, Estate Planning
Our clients are warned not to make handwritten changes to the trust instrument, and the recent case of Pena v Dey illustrates why: Summary: Where the trust expressly required that amendments be made by a signed writing, handwritten interlineations on a trust...
by Dave Duringer - Protective Law Corp | Oct 4, 2019 | Estate Admin, Estate Planning, Family Protection, Firearm Legacy, Firearm Training, Incapacity Planning
Enactment of AB 1292 has made estate planning much easier for California gun owners. Read our in-depth article here before access is restricted to members...
by Dave Duringer - Protective Law Corp | Sep 17, 2019 | Business Succession, Buying or Selling a Closely Held Business
As a partner or co-owner (private shareholder) of a business, you’ve spent years building a valuable financial interest in your company. You may have considered setting up a buy-sell agreement to ensure your surviving family a smooth sale of your business...
by Dave Duringer - Protective Law Corp | Sep 17, 2019 | Defensive Gun Use, News & Commentary
An attempted robbery suspect was shot to death after police say he beat a movie theater manager with a bat….. The manager reportedly pulled out a gun and shot and killed the man who was beating her. Story...
by Dave Duringer - Protective Law Corp | Aug 7, 2019 | Defensive Gun Use
A 14-year-old girl fired a 9mm pistol at someone looking to break into her home, according to the Lawrence County Constable Association and confirmed by the Lawrence County Sheriff’s Office. Story here. See our list of similar cases of kids using guns for...
by Dave Duringer - Protective Law Corp | Jul 15, 2019 | Estate Admin, Estate Planning, Family Maintenance, Family Protection, Firearm Legacy, Firearm Training, Incapacity Planning
When Governor Newsom approved AB 1292 on July 12, he made estate planning easier for California gun owners. Why would Sacramento Democrats make death easier for us? I can only speculate, but I’m guessing it’s because the confusing state of the law put non-gun...
by Dave Duringer - Protective Law Corp | Jun 18, 2019 | Defensive Gun Use, News & Commentary
Not technically a defensive gun use, but kid commando gets even more bonus points for using close contact weapon: “You hit them in the back of the head with a machete?” the 911 operator asked after Braydon told the story. “Did you see if he was bleeding at...
by Dave Duringer - Protective Law Corp | Jun 18, 2019 | Defensive Gun Use, News & Commentary
Trenton, MO, police officer Jasmine Diab, 24, a single mother of a five-year-old girl, was shot in the abdomen by a prisoner she was transporting. A small group of concerned citizens, one of whom was armed, was able to rescue the officer and subdue the suspect...
by Dave Duringer - Protective Law Corp | Apr 9, 2019 | Estate Planning, Estate Tax, Tax Planning
Using quantitative analysis, we’ll show that the grantor’s choice is almost always clear: If her two-year GRAT is funded with marketable securities and is underwater at all prior to the first annuity date, she should cut her losses and start a new GRAT. That...
by Dave Duringer - Protective Law Corp | Apr 7, 2019 | Business Succession, Estate Planning, Venture Protection
With enough lead time, it can be possible to eliminate estate tax, or at least to minimize and defer the payment of such tax. With the estate tax rate a significant 40 percent, this can make all the difference in allowing a business to remain family-owned, for...
by Dave Duringer - Protective Law Corp | Apr 7, 2019 | Estate Planning, Trust Admin
For years, cryptocurrency owners have focused on coin security. Many of our clients protect their coins and accounts from online hackers through offline storage and complex passwords that are memorized but never written down. A recent Canadian bankruptcy filing...
by Dave Duringer - Protective Law Corp | Apr 6, 2019 | Health Planning
UPDATE: Every few months I see a story like the one below, and I try to make the time to blog it. However a few months after posting the story below, I had a client in my office relating a very personal and emotional story at least as amazing as any other such story...
by Dave Duringer - Protective Law Corp | Apr 6, 2019 | Asset Protection, Creditors & Predators, Estate Planning, Tax Planning
Outright distributions, even if staged at various ages, signify outdated planning. The Beneficiary Controlled Trust, pioneered by my friend Steve Oshins and his father, fills the gap between outright distribution and extreme asset protection — very...
