Airport Security Guard Shoots Suicide Bomber Before Detonation
ISTANBUL, TURKEY — A coordinated attack involving a number of suicide bombers took place at the Ataturk International Airport in Istanbul, Turkey. Thirty one people are confirmed dead and as many as sixty injured. In one harrowing video, a security guard is...DHS chief: If you knew what I knew about terror, you’d ‘never leave the house’
What, other countries lack amazing people protecting them? What is different about Americans? Armed, perhaps? “It’s everywhere. It’s constant. It’s nonstop. The good news for us in America is we have amazing people protecting us every day. But it can happen...Melania comes out as Catholic!
Melania Trump’s spokeswoman confirms that she’s a Catholic The first lady met with Pope Francis on Wednesday at the Vatican, where he blessed a rosary for her Then she went to a Vatican-affiliated pediatric hospital where she met with children,...Does a Thicke Living Trust Work Better? We Shall Soon See
The trusts I draft are usually pretty thick, thicker than clients expect. But no matter how thick the trust, the plan can fail if spouses are not in agreement on the underlying character of the property (separate or community). This might have been the case with the...One in three Americans who get an inheritance blow it – MarketWatch
“Great wealth transfer” has joined “silver tsunami” in the lexicon of aging America. It refers to the wave of wealth, estimated to be in the trillions, which will flow from the oldest generation in the coming decades. Yet evidence suggests that many Americans...70% of Rich Families Lose Their Wealth by the Second Generation
“Looking at the numbers, 78% feel the next generation is not financially responsible enough to handle inheritance,” says Chris Heilmann, U.S. Trust’s chief fiduciary executive.And 64% admit they have disclosed little to nothing about their...CN Live | Yehuda Remer: Gun Safety for Kids – 5/11/17 – YouTube
Violence Against Republicans And Trump Supporters New Normal
Violence and intimidation against Republicans are quickly becoming the new normal in an increasingly tense political climate. Source: Violence Against Republicans And Trump Supporters New Normal | The Daily CallerTeachers learn to use math as Trojan horse for social justice
Teach for America and EdX are partnering to provide a training course for middle-school math teachers on how to incorporate social justice into their curricula.According to the course developers, regular math is “too abstract” for many students, and...15 cases when schools lost it over idea of guns
Some observers may have thought that level of extremism would have died out after lawmakers in Florida were forced to pursue a state law that would bar school districts from suspending students for “brandishing a partially consumed pastry or other food item”...5 Ways Trusteed IRAs Can Keep A Good Thing Going
Just so we’re clear — I don’t sell IRA’s, I draft trusts, including the type that will make your IRA’s actually work as intended. Read the article, but keep in mind that although “trusteed IRAs” are an improvement over the...Eleventh Circuit Limits Valuation Discounts
The U.S. Court of Appeals for the Eleventh Circuit recently affirmed a Tax Court’s ruling regarding a discount for lack of control and lack of marketability.1 The Tax Court had rejected an estate’s expert’s 31.7 percent discount conclusion and agreed with the...Millennial Money Matters
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 MattersHow Boomers Are Redefining ‘Legacy’
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...Trump’s Tax Plan Raises Questions for Estate Planners
The tenuousness of the President’s plan raises a whole host of additional questions. These include: (1) whether the President’s plan would be coupled with a step-up in basis at death versus carryover basis (carryover basis would effectively increase total taxes...Six Times A Financial Advisor Should Call An Estate Planner
If advisors don’t understand estate planning as well as they think they do (and tell their clients they do) then why do we as estate planning attorneys ingratiate ourselves to them by perpetuating the myth that “they are the quarterbacks” who...Ten Estate Planning Strategies While Waiting for Tax Reform
The election of Donald J. Trump to the presidency and Republican control of both houses of Congress make estate tax reform extremely probable in the next two years. However, given the new administration’s other proclaimed priorities, including the repeal of...SLATs Provide Flexible Plans for Many Clients
In the current environment of uncertainty, many married clients should consider implementing non-reciprocal spousal lifetime access trusts (SLATs). This strategy can provide a flexible framework for a wide range of clients. The technique can be adapted for more...“Estate Planning” Needs an Extreme Makeover
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...Pushing Wealth Transfer Plans Into The 21st Century
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...Professionals Could Have Lower Tax Rates Than Their Employees
The way things ought to be! Under the Trump plan, the top income tax rate of 35 percent would be reduced to 15 percent for pass-throughs. The pass-through rate under the W&M plan would be 20 percent (instead of a top rate of 35 percent). Source:...Managing Online Accounts During Disability and After Death
From social media and email to online banking and investment accounts, most of us manage our most sensitive personal and financial information digitally. But unlike real estate or personal property, these digital assets are not easily accessible to third parties in...LIVE: President Trump Delivers a Statement – YouTube
$61 million winning lottery ticket sold at Laguna Hills 7-Eleven – Orange County Register
What a coincidence — I am an estate planning attorney in Laguna Hills, with expertise in high net worth planning! (But why would a Nellie Gail resident need an extra $61 million?) The unidentified lone jackpot winner can claim their prize starting Monday,...President Trump’s Speech to 2017 NRA Leadership Forum – YouTube
Why acid attacks are on the rise in Britain
Toxic substances such as drain cleaner are being used as weapons more frequently, apparently as a result of a crackdown on guns and knives in recent years. Source: Why acid attacks are on the rise in BritainTips From The Pros: The Most Difficult Decision of My Career
Hmmm…why wasn’t she allowed to stay in her home with live-in help? Sounds like she had the ability to pay for that, and repairs, too! Lots of history there and it’s all she knew. Rule 1.14 of the Model Rules of Professional Conduct1 addresses...Is It Never or Now?
And for those with qualified retirement plans, it may be time to seriously consider charitable remainder unitrust (CRUT) planning. In the case of qualified long-term appreciated property, outright gifts can be used to offset other taxable income, while bypassing the...NRA-ILA | Lawsuit Filed Against California’s Assault Weapons Control Act
Fairfax, Va.— The National Rifle Association Institute for Legislative Action (NRA-ILA) today announced it is supporting, along with the California Rifle and Pistol Association (CRPA), an important Second Amendment lawsuit challenging California’s newly expanded...BREAKING: CRPA and NRA File Lawsuit Challenging California’s “Assault Weapon” Ban! – California Rifle & Pistol Association
Today, April 24, attorneys supported by CRPA and NRA filed the first of many critical lawsuits; the first step in restoring the full freedoms of the Second Amendment in California. This lawsuit challenges California’s newly expanded “Assault Weapon Control Act”...60 Teens Commandeer BART Train, Beat & Rob Passengers
In the comments below — would you fire? BART Police said witnesses reported 50 to 60 juveniles jumping the fare gates and going to the platform. After boarding the train the They boarded the train they “committed multiple strongarm robberies of bags and...Barricaded school employee with handgun at El Modena High surrenders – Orange County Register
AGAIN — concealed carry ban fails to ban concealed carry at school: ORANGE A 10-hour standoff between police and an El Modena High School employee threatening to kill himself with a handgun ended peacefully Source: Barricaded school employee with handgun at El...Introducing the IT-LIT: Irrevocable Terror Life Insurance Trust
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...A Quarter of Millennials Who Live at Home Don’t Work — or Study – Bloomberg
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 – BloombergOffshore Considerations For Non-UK Domiciliaries
On April 6, comprehensive tax changes went into effect in the United Kingdom (U.K.) that impact wealth planning considerations for certain individuals who spend a significant amount of time in the U.K., but who are domiciled outside of the country. Source:...Power of Attorney Just for Old People?
When children turn 18, they legally become adults. If there was a catastrophic life event which rendered them unable to make their own life decisions, their parents no longer have any legal rights. If the young adult becomes seriously ill or disabled, it may...Financial advisors less chickenshit
More advisors willing to speak up — that’s great! But since they have avoided the arena so long, they lack even the knowledge base of the typical low-information voter and most of them are on the wrong side. How could anyone have thought it was a good idea...Is the Passive Indexing Craze the New Tulip Bulb Mania?
Naturally, passive products look good as markets move higher. They’re designed to replicate an index and, therefore, have a symmetrical return profile. Unfortunately, the same symmetry that investors like so much on the way up is what causes the most financial...Six Steps to Help Parents Prioritize Their Paychecks
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...President Trump Signs Financial Services Executive Orders – YouTube
Man Tries to Abduct 3-Year-Old Walking with Mom from Car: ECPD
El Cajon police are looking for a man who reportedly attempted to abduct a 3-year-old girl walking with her mom in a Wal-Mart parking lot. The mother who didn’t want to be identified said a smiling man walked past her, then came from behind and tried to snatch...“Reciprocity” – YouTube
Six Longevity Planning Tips to Discuss With Clients
I’m not a financial advisor, but can put you in touch with several who know enough about estate planning to know they are not a substitute for comprehensive counsel by an estate planning attorney. According to the Social Security Administration, the average...Just ONE Diet Coke or Pepsi Max a day can ‘TRIPLE the risk of a deadly stroke’ and dementia, researchers claim
The US study found those who drank a can of artificially-sweetened pop — such as Diet Coke or Pepsi Max — daily were at three times the risk of suffering the most common form of stroke compared to non-drinkers. They were also 2.9 times more likely to develop...Census: More Americans 18-to-34 Now Live With Parents Than With Spouse
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...California plans to ‘strangle voices of conscience’ on 1 hot-button issue
The bill, Dacus noted, “lays the groundwork for the state to tell religious institutions what they can require of employees on any number of topics, particularly in the realm of sexual ethics. In a larger sense, the state is trying to confine religious belief...Muslims want ‘blasphemers’ prosecuted … worldwide!
“In fact, the Pakistan government is asking Internet providers to tell them the names of people posting such material.”Reuters reported Khan has boasted that his nation is getting cooperation from Facebook to have such material on social media “removed or...Why We Killed the Account Manager
Written by an ad exec, this article is instructive for any “trust mill” attorney relying on legal plans and/or financial advisors to be something akin to account executives. Too often with these arrangements, the amount of time the attorney spends...QDOT-ting I’s and Crossing T’s: Estate Tax Planning for Non-United States Citizen Spouses
Good examples in this article on QDOT planning: The examples above illustrate the general rules applicable to gratuitous lifetime transfers of property, or gifts. The following examples illustrate the general rules applicable to transfers at death: Source:...
Free to Advisors
Protective Law Corporation
895 Napa Ave
Suite B4,
Morro Bay, CA 93442 Suite B4,
United States (US)
URL: https://lawnews.tv