by Dave Duringer - Protective Law Corp | Mar 31, 2017 | Estate Planning
We all know we are not immortal. Death is a certainty for all of us. But the topic of death and our own mortality can be one of discomfort, or even denial. We’ve all made or heard the usual excuses for avoiding or delaying estate planning: “I’m too young,” “I...
by Dave Duringer - Protective Law Corp | Mar 31, 2017 | Archived, News & Commentary
Yes, I know, the only way the Dems will approve shall-issue is if the Supremes hold in favor of open carry. But Dems who support gun control have a funny way of losing re-election. So show up. If you support making California a “shall issue” state please consider...
by Dave Duringer - Protective Law Corp | Mar 31, 2017 | Firearm Legacy
Fleming had been a private in the London Scottish Regiment of the Volunteer Force since 1900,[3] and had been a member of the rifle club at the medical school. The captain of the club, wishing to retain Fleming in the team, suggested that he join the research...
by Dave Duringer - Protective Law Corp | Mar 30, 2017 | Archived, News & Commentary
The art of a bad deal The good news about Donald Trump is that it took him two months to disappoint me and many others who voted for him, supported him enthusiastically and championed his candidacy when we were told there was no chance for him to win. He has...
by Dave Duringer - Protective Law Corp | Mar 30, 2017 | Family Protection
All laws were followed when she purchased items: FREDERICK COUNTY, Md. (WJLA) – The father of the teen student who authorities say was plotting a mass shooting at Catoctin High School in Frederick County reportedly turned his daughter in after finding a...
by Dave Duringer - Protective Law Corp | Mar 30, 2017 | Archived, Firearm Training
The legislature needs to correct this and reaffirm the rights of Florida’s gun owners and concealed carriers by fixing the law to shift the burden of proof in immunity hearings to the state and allows judges to consider self-defense claims at sentencing. A...
by Dave Duringer - Protective Law Corp | Mar 29, 2017 | Family Maintenance, Family Protection, Religious Faith
Mainstream medicine simply won’t go here, however, as compelling as the evidence is. So “we the people” need to guide our nation and communities back to sense about the perils of homosexuality and gender confusion, especially to our children. Source:...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Archived, Firearm Legacy
From a friend, Charles Nichols: Federal Judge John A. Kronstadt has set a deadline of 11:59 PM, May 1st, 2017, for the NRA to amend its lawsuit seeking concealed carry permits to challenge California’s bans on openly carrying firearms in public for self-defense. After...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Archived, News & Commentary
Today, Tuesday, March 28, anti-gun SB 497, was scheduled to be heard in the Senate Public Safety Committee. At the last minute, the bill was pulled from today’s agenda. Thank you to all who contacted the committee urging them to OPPOSE to SB 497. Even...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Firearm Training
Full metal jacketed rounds are the usual “load out” of any gun owner when he hits the range. They’re cheap, effective, and great for improving marksmanship. Defensive rounds, on the whole, are more expensive per case. This causes a natural hesitation in the...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Defensive Gun Use, Firearm Training
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Defensive Gun Use
Commonly used for defense — and sometimes even fired: Mahoney said the homeowner’s 23-year-old son shot the man and two boys with an AR-15 semi-automatic rifle after they broke into the house, which is about two-thirds of a mile east of the Broken Arrow...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Estate Planning
You might be surprised to consider just how often disjointed planning and advising can impact a client’s long-term financial well-being. Estate planning attorneys, CPAs, financial advisors and insurance agents may have access to the same initial set of client...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Charity, Estate Planning, Gift Tax, Tax Planning
A GRAT must be drafted to comply with the requirements set forth in the applicable Treasury Regulations under Section 2702. Unfortunately, the regulations don’t resolve all issues, such as whether there’s a minimum or maximum term for a GRAT, or whether a GRAT...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Archived, Asset Protection, Health Planning, Retirement Planning
[bctt tweet=”Brevity is the soul of twit: ONE-SENTENCE BILL REPEALS OBAMACARE #tcot #ccot #MAGA” username=”guntrust”] “This Act may be cited as the ‘Obamacare Repeal Act,'” the bill states. And the bill uses just one sentence...
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 28, 2017 | Estate Planning
Protect the unmarried partner. Unlike those who are married, unmarried partners do not have rights to each other’s Social Security benefits or retirement plan benefits, says Eweka. Likewise, unmarried partners may not be able to make decisions for one another...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Estate Planning
Even if you’ve written an estate plan, are you sure you included everything you need to? There are certain things that people often forget to put in in a will or estate plan that can have a big impact on your family. Source: Four Things People Forget to...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Estate Planning
Pretty basic stuff, but often missed. Communication is key to good planning, and much easier during life. Addressing potential conflicts while everyone is still alive is an even better strategy. Reich asks parents to get feedback from their children on what...
by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Estate Planning
How often should an estate plan be reviewed? Opinions vary, for example this attorney recommends every three years: Creating an estate plan is not the end of the estate plan. Over the years, your goals and desires may change. Family dynamics, finances and even...
by Dave Duringer - Protective Law Corp | Mar 27, 2017 | Estate Planning, Health Planning
It’s alive! (Well, for the moment anyway.) Sacramento, CA–The latest battleground over gender theory is coming to nursing homes—and failure to conform to State orthodoxy could be a crime. The mandates on long-term care facilities, their employees...
by Dave Duringer - Protective Law Corp | Mar 27, 2017 | Estate Planning, Tax Planning
In other words, a repeal of the estate tax would really only impact those clients with a net worth north of $11 million. That’s why Natanya told me that most of her moderately wealthy clients have already rounded the corner from thinking about taxes to focusing...
by Dave Duringer - Protective Law Corp | Mar 27, 2017 | Estate Admin, Estate Planning
Even though the Personal Status law of the UAE provides that foreigners may request the court for the application of their home country law, this law did not expressly amend the Civil Code of the country. This gave rise to the uncertainty of whether or not a...
by Dave Duringer - Protective Law Corp | Mar 27, 2017 | Estate Tax, Tax Planning
The trust rules have evolved over the last eight decades. For one thing, depending on the state, a trust created now for David’s own grandchildren and beyond may never need to terminate.It could theoretically run forever, eternally beyond IRS reach if run...
by Dave Duringer - Protective Law Corp | Mar 25, 2017 | News & Commentary
WASHINGTON, D.C., March 22, 2017 (LifeSiteNews) – Supreme Court nominee Neil Gorsuch refused to reveal his personal opinions on same-sex "marriage" at his confirmation hearing Tuesday. Gorsuch told Sen. Al Franken, D-MN, that same-sex "marriage" is "absolutely...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Estate Planning, Health Planning
Fraser Trebilcock Elder Law attorney Melisa Mysliwiec says that proper planning helps to ensure that the person with the diagnosis is able to contribute to important decisions about health care and long-term care, finances and property, and deciding who will...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Archived, Asset Protection, Retirement Planning
Market returns are coming down this year, and investors should expect a lower return environment for the next decade, according to J.P. Morgan Asset Management. That means investors will have to save a lot more to meet their retirement goals. Source: Lower...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Estate Planning, Tax Planning
From a planning perspective, illiquid shares provide a challenging dilemma. Restricted shares can generate a high balance sheet net worth and high estate value, but oftentimes without the corresponding liquidity to fund the shareholder’s estate tax liability....
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Asset Protection, Estate Planning, Tax Planning
“FATCA has wrecked [sic] havoc on the global financial system, turned 8 million Americans overseas into financial pariahs, violates other countries’ sovereignty, and is damaging for American jobs and therefore the American and global economies,” he said....
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Estate Planning, Health Planning
The latest study takes a new approach, showing that, aside from ApoE, there are thousands of background genetic variations that each have a tiny influence on Alzheimer’s risk, but whose cumulative influence is substantial. The researchers first identified nearly 2,000...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Estate Admin, Probate Admin
The first is the preemption argument. The administrator argued that the discretion granted to him to elect portability under the terms of 26 U.S.C.A. 2010 trumped Oklahoma law concerning the fiduciary obligations owed by estate administrators to potential...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Asset Protection, Creditors & Predators, Estate Planning
Even if you expect your children to be over age eighteen by the time you and your spouse die, you may want to consider keeping assets in a trust for your children to “protect them from themselves” until they reach a certain age when you think they will be...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Archived, Estate Tax, Gift Tax, Income Tax, Tax Planning
In short, the ground has been laid for quick action in the House of Representatives the moment the health care debate concludes. Source: Tax Reform Bill On the Front Burner
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Charity, Estate Tax, Income Tax, Tax Planning
Charitable planning coordinated with dissolution planning merits serious examination. The work involved is well worth the effort to assure divorcing parties have maximized the use of all marital assets in a tax-efficient manner. The four techniques are...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Firearm Training
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by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Estate Planning, Health Planning
Taxes, schmaxes — pendulum keeps swinging. But THIS could kill demand for estate planning overnight, at least among mice: The cells of the old mice were indistinguishable from the young mice after just one week of treatment,’ said lead author...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Archived, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
The loss of income tax revenue would be the product of income tax saving strategies that would become viable in the wake of gift tax elimination. For example, without a gift tax, the use of a “straw taxpayer” would likely become a prevalent income tax planning...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Archived, Estate Tax, Gift Tax, Tax Planning
Even though in our current environment, paying gift taxes could save estate taxes, and is therefore a rational strategy, our clients won’t view it this way if, this year or next, the estate tax is repealed. And this is so, even if the estate tax is repealed...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Estate Planning
Thorsen was a serious wake-up call to estate planners in Virginia and beyond. It also further opened the door for intended (and disappointed) will beneficiaries to sue the will-drafting lawyer. As we thought may happen, the General Assembly of Virginia took...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Business Succession, Estate Planning
In Missouri, wife Themetta can claim at least half of the cash and a half stake in the intellectual property. Odds are she’ll get a lot more if there was a will, since she was married to him a full 68 years and he was with her until the end.By the way, the...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Estate Planning
When you own the category, you don’t need to even acknowledge that potential customers even have other options. Heinz wins when they make you forget anyone else sells red tomato relish. Source: Exclusive: 7 Advisor Lessons from the “Mad Men” Heinz Ad Buy | The...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Archived, Asset Protection, Retirement Planning
Republican talking points around tax reform centers on the need to lower them, yet there isn’t consensus between the Trump administration and Congress on what that looks like. Trump wants tax cuts without regard to the impact on the deficit; Paul Ryan, speaker...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Asset Protection
A license plate part of a family’s heritage?? Looks like it’s all up to us to carry on the firearm legacy. Switzerland is toast. “After the two license plates LU 100 were stolen from my son’s car — despite being more securely bolted-on than...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Asset Protection, Health Planning, Retirement Planning
Additionally, under the Republican plan, unused health insurance credits can be contributed to an HSA. The idea that we could have “tax credits that can be deposited into a tax-advantaged account has never happened before in American tax history,” said Kevin...
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 18, 2017 | Asset Protection, Creditors & Predators, Estate Planning
In self-defense, if you train to draw your gun with an explosive Count 1, you will have more time and more options during counts 2 through 5. It’s the same with asset protection. Take the initial steps now so you have more options later. And there are...
by Dave Duringer - Protective Law Corp | Mar 18, 2017 | Asset Protection, Estate Planning
What is the source of your money? How was it earned? How was it accumulated? What is your relationship to the person who earned the money? How would you characterize the nature of that relationship? (Close or distant? Loving or cold?) What messages about...
by Dave Duringer - Protective Law Corp | Mar 18, 2017 | Asset Protection, Estate Planning, Family Protection
What is the likelihood of someone driving into a lake in Southern California? What is the likelihood of your elderly spouse being in a car accident, hurting or killing someone or a whole family or bus full of kids, and losing everything you left her? If you die...
by Dave Duringer - Protective Law Corp | Mar 18, 2017 | Asset Protection, Retirement Planning
Along with the student loan debt bubble and other major financial factors, the looming pensions crisis is bound to be the death of us all.Because it’s based on a future promise to pay, it has long been a benefit dangled to solve strikes and union disputes –...
by Dave Duringer - Protective Law Corp | Mar 18, 2017 | Firearm Training, News & Commentary
After watching the video, I’d say the robbers are LUCKY: CCTV footage has been released showing two would-be robbers in Brazil picking on two Mormon missionaries from the US.Source: Unarmed Mormon missionary fights off Brazilian...