by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Asset Protection, Estate Planning, Family Maintenance, Family Protection
There are many ways to prevent a child’s spouse from becoming a “creditor” of a family-owned business. Below are three common ways to protect the family-owned business: Source: How to protect your family-owned business from your child’s spouse | Thompson Coburn...
by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Asset Protection, Career Maintenance, Career Preparation, Estate Planning, Family Protection
Higher education is in a bubble, and bubbles burst. Will it be as bad as the housing meltdown and financial collapse 2008-09? That’s hard to say. Mega-banks aren’t bundling and selling worthless college degrees; those losses are left to fall on individual...
by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Estate Planning
Do you have a plan ready for the day you are deposed? Don’t be caught with your bridges down. When the time does come, Sir Christopher Geidt, the Queen’s private secretary, will be the first official to convey the news. Geidt will call the prime minister...
by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Asset Protection, Career Preparation
Just 2 percent of high school athletes snag sports scholarships at NCAA schools. Here’s how to guide parents convinced their child will get one. Source: Eight Things Clients Need to Know About Athletic Scholarships
by Dave Duringer - Protective Law Corp | Mar 17, 2017 | Asset Protection
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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Archived, Firearm Training
[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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Asset Protection
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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Archived, News & Commentary
This supports the idea that illegals are the reason tax filings have plummeted this year. Food banks and hunger advocates around the country from Tuscon to Baltimore have noticed a decline in the number of eligible immigrants applying for food stamps and a rise...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Estate Planning, Tax Planning
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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Charity
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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Defensive Gun Use, Firearm Training
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...
by Dave Duringer - Protective Law Corp | Mar 16, 2017 | Archived, News & Commentary
President Trump’s first budget called Thursday for a dramatic shift from the “soft power” diplomacy of the Obama era to a “hard power” military buildup, cutting the State Department by 28 percent in a slashing of foreign aid, boosting Pentagon spending by 10 percent...
by Dave Duringer - Protective Law Corp | Mar 15, 2017 | Business Succession, Estate Planning, Operation & Governance, Venture Protection
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...
by Dave Duringer - Protective Law Corp | Mar 15, 2017 | Firearm Training
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.
by Dave Duringer - Protective Law Corp | Mar 15, 2017 | News & Commentary
Source: Boys named Sue
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
It’s time for sports fans to realize that the NFL couldn’t care less about their traditional values and customs, but have rather embraced, along with so many of its reporters, economic- and media-based biases that are thoroughly anti-traditional and...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
Thus, in the “social sciences” – disciplines outside the natural sciences and math – a large number of college teachers inject their politics into their classrooms. And if they are recorded, the general public will become aware of just how politicized their...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
John Quincy Adams described Muslim behavior in “Essay on Turks” (The American Annual Register for 1827-28-29): “Such is the spirit, which governs the hearts of men, to whom treachery and violence are taught as principles of religion.”This is similar to Winston...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
“This is not a stable social model that’s being created on college campuses, pitting tribes against tribes and basically saying we’re going to have a big multicultural, pluralistic country that pits one tribe against another,” he said.“That’s never worked in...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
“Why is there is so little crime in Japan?” I asked.Without taking a moment to reflect, she responded, “Because we don’t allow immigration.” Source: A nation of immigrants — only if they assimilate
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
The word minority is insulting and stigmatizing. I am an American. There are 330-plus million Americans. How can I be a minority if I am an American? Why would I want to be portrayed as something less than the whole of America? Source: Black is a color, not a...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
So, moms, push back. Teachers, do your job; let parents do theirs. Work together and we can eliminate the mom shaming … maybe even slut shaming, too. Empowered moms, after all, are the best and first teacher of young women.Source: The latest in public...
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | Archived, News & Commentary
Me: “Ladies and gentlemen …” Source: My speech to the Democratic National Committee
by Dave Duringer - Protective Law Corp | Mar 14, 2017 | News & Commentary
Albert Einstein stated: “The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.” Source: How 1 of history’s most brilliant men viewed God
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Asset Protection, Estate Planning
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,...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Business Succession, Estate Planning, Family Protection, Financial Mentorship, Venture Protection
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...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Trust Admin
As an attorney, you understand the value of a trust protector for an irrevocable trust. While “set in stone,” the trust still needs someone to watch over it and ensure it can adapt to changes in the law and/or resolve differences between trustees and...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | News & Commentary
Now, this is what i call road rage. It’s up to you whether you want to cooperate with an armed hijacker. If you have a manual transmission, you might want to think twice about that. HOUSTON (KTRK) — A father was shot and killed in front of his wife...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Archived, News & Commentary
Tomorrow, Tuesday, March 14, Assembly Bill 424 will be heard in the Assembly Public Safety Committee at 9 a.m. in room 126 of the State Capitol building. Please use our TAKE ACTION button below to contact the members of the Assembly Public Safety Committee and...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Archived, News & Commentary
(YONHAP NEWS) — SEOUL, March 13 — U.S. special operations forces, including the unit that killed Osama Bin Laden, will take part in joint military drills in South Korea to practice incapacitating North Korean leadership in the case of conflict, a military...
by Dave Duringer - Protective Law Corp | Mar 13, 2017 | Family Protection
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.)
by Dave Duringer - Protective Law Corp | Mar 12, 2017 | Asset Protection, Estate Planning, Family Protection, Religious Faith, Retirement Planning
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...
by Dave Duringer - Protective Law Corp | Mar 12, 2017 | Business Succession, Estate Planning, Venture Protection
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...
by Dave Duringer - Protective Law Corp | Mar 12, 2017 | Archived, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
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 | TheHill
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
As someone knowledgeable about firearms and self-defense, I think Mr. Strickland made some questionable decisions that day, but I believe the videos clearly show a man in fear of imminent, grave bodily harm taking action to prevent that harm. Much of this case...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
“Ask Jewish students in America if they fear anti-Semitism. They do – not from the right, but from the left.” Source: Arrest backs Trump’s claim anti-Semitism from left
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
Study the history of the left: Stalin’s purges. Mao’s Cultural Revolution. The “killing fields” of Cambodia’s Khmer Rouge. The imprisonment and execution of Cuban “dissidents.” So many of those who originally believed in the ideals of the revolution say the...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
With wholesome role-models, character building, traditional Judeo-Christian morality, focusing on “Faith, Service and Fun,” the American Heritage Girls’ Oath is: “I promise to love God, Cherish my family, Honor my country, and Serve in my community.” Source:...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
“I believe the United States should have opened its borders to Afrikaners years ago, once it became clear that the regime was run by racist communists sympathetic to genocide,” said Newman. “If President Zuma going on national TV singing genocide songs coupled...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Archived
(New York Times) Preet Bharara, the Manhattan federal prosecutor who was asked by President Trump to remain in his post shortly after the election, was fired on Saturday after he refused an order to submit his resignation. Mr. Bharara’s dismissal capped a brief but...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Archived, News & Commentary
Set your Glocks forward this evening!
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Estate Admin, Estate Planning, Probate Admin, Trust Admin
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,...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Estate Planning, Family Protection, Pet Protection
[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...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Career Preparation, Estate Planning, Family Protection
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....
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Retirement Planning
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...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Business Succession, Estate Planning, Venture Protection
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,...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Asset Protection, Creditors & Predators, Family Protection
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...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | News & Commentary
The linked article illustrates what can happen when a trust is not properly funded and maintained. Clients on our Client Maintenance Program receive ongoing funding assistance, and may attend our Trust Funding Workshop. Imagine your spouse is ill, and you meet...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Asset Protection
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...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Archived, News & Commentary
I disagree with Bloomberg’s analysis here. Of all the theories listed, a drop in illegals filing makes the most sense to me. What do you think? Use the Facebook comments below. The political rhetoric of President Donald Trump may be scaring some...