by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Asset Protection, Estate Planning, Tax Planning
From WealthCounsel VP Matt McClintock: Increasing asset protection for the surviving spouse and others. Depending on the trust design, a bypass-type trust can provide greater asset protection than a QTIP marital trust. A bypass trust can have multiple discretionary...
by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Defensive Gun Use, Firearm Training
Hmmm. Did she open fire as they ran away, or immediately after handing over her purse? Story is unclear. Could make a big difference. As the robbers ran away, the female victim got out her own gun and opened fire. The suspects returned fire.Amazingly, no one...
by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Asset Protection, Estate Planning, Family Maintenance, Family Protection
The real Florence Henderson also had a blended family — she got divorced and remarried after some 30 years in a marriage that produced four kids. Blended families (extant or future, through remarriage) are extremely common and good, comprehensive estate...
by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Defensive Gun Use
A 26-year-old female victim at the scene suffered multiple stab wounds. Officials said Sunday night that she was in stable condition at WakeMed ICU after undergoing surgery for her injuries.A second man, 26, who police say fired shots that killed Davidson, was...
by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Hiding your gun in the car so your kids don’t have access to it is, in of itself, a recipe for disaster. You can get a custom concealed compartment installed into your vehicle that’s operated by a keypad or a key FOB but even that’s just an expensive delay to...
by Dave Duringer - Protective Law Corp | Nov 26, 2016 | Asset Protection, Estate Planning
[Updating is less of a problem for our clients who participate in our Client Maintenance Program.] Below article lists many reasons for updating — some get press, others seem mundane: For example since August, the estate-planning world has been abuzz...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Archived, Dying Embarrassed, Horror Stories, News & Commentary
He probably wanted to go before Trump took office — and died happy knowing that Obama hates the US more than anyone. (I wonder how Fidel’s parents feel — about his horrible legacy being theirs.) Fidel Castro, Cuba’s former president and leader...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Warning shots are almost always a bad idea, but apparently they worked here. Better to present the weapon with convincing demeanor and give verbal warning. Fortunately, it appears no bystanders were injured. Metro police told News 2 the victim was robbed as she was...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Archived, News & Commentary
Well, it’s a start anyway. BAKERSFIELD, Calif. (KBAK/KBFX) — The Kern High School District Board of Trustees has voted in favor of allowing employees to bring guns onto campuses. The five-man board approved an amendment to the KHSD gun policy that allows staff...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Asset Protection, Family Protection
Asset protection, family protection — have you noticed there is quite a bit of crossover? Often in groups of up to 15 people, the bandits burst into a store, make a beeline to the lucrative goodies and quickly pillage the shelves. (High-end jeans and cosmetics...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Defensive Gun Use
TULSA, Oklahoma – Tulsa Police said a woman shot a man when he went inside her apartment Saturday night. Detectives said the woman was on the phone with 911 when she shot the man after he broke into her apartment at the Comanche Park Apartments near 36th...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Archived, Family Protection, Firearm Legacy
Gun shows still have a future at the Del Mar Fairgrounds.The board of the 22nd District Agricultural Association, which runs the state-owned Del Mar Fairgrounds, discussed the Crossroads of the West Gun Show and heard from both supporters and opponents at the Nov. 15...
by Dave Duringer - Protective Law Corp | Nov 25, 2016 | Asset Protection, Estate Planning
Violence across America today, Black Friday. Meanwhile, at a Walmart parking lot… One person has died in a shooting outside of a Macy’s department store in New Jersey and another was shot dead in an apparent road rage incident in a Walmart parking lot in...
by Dave Duringer - Protective Law Corp | Nov 24, 2016 | Defensive Gun Use, Firearm Training
The boyfriend allegedly told authorities that he told Savell that if someone is told to leave their property three times, she is to get the gun and shoot it at the ground. If that doesn’t work, she’s supposed to shoot them in the leg. Source:...
by Dave Duringer - Protective Law Corp | Nov 24, 2016 | Archived, Estate Planning, Family Maintenance, Family Protection
This Thanksgiving as your dolloping butter and gravy all over your turkey, which was killed so that you may eat it, if a liberal family member or friend chimes in with something inane about white privilege, Islam, global warming or how butter is going to kill you,...
by Dave Duringer - Protective Law Corp | Nov 23, 2016 | Archived, Asset Protection, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
In light of Donald Trump’s election and his pre-election platform to reduce marginal income tax rates, there are several planning strategies that should be considered as part of your client’s year-end planning. John O. McManus, founding principal of McManus &...
by Dave Duringer - Protective Law Corp | Nov 23, 2016 | Archived, Estate Planning, Family Protection, Religious Faith
This Thanksgiving, you have a lot to talk about with your family: http://Protect.LIFE
by Dave Duringer - Protective Law Corp | Nov 23, 2016 | Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Want to get free training at Front Sight? Join us at http://guntrust.org
by Dave Duringer - Protective Law Corp | Nov 23, 2016 | Archived, Asset Protection, Estate Planning, Tax Planning
The insular planning community (or at least, the insular planning press) didn’t plan very well for Trump, now is playing catchup: The first few days after the election Washingtonians were walking around in a daze. The trajectory of policy and politics...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Defensive Gun Use
Burglar parks car on Easy Street, ventures “up the river” (Rivers Ave) to break into a jewelry business, but fails, returns to his car on Easy Street but notices security cameras at a nearby house, then breaks into that house in order to take out the...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Howard Stern speaks same language as Donald Trump, when it comes to national reciprocity dammit. Howard Stern applauded President-elect Donald Trump’s policy which would give concealed carry permit holders from every state the right to carry legally in any other state...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Asset Protection, Business Succession, Career Maintenance, Career Preparation, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Venture Protection
When conflict arises between family and business goals, the natural inclination to minimize it can lead to a pattern of dysfunctional communication and greater conflict. The common practice of triangulation rarely leads to resolution of underlying issues and can be...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Good result granny, but why was your pistol unloaded? Were you not carrying it? Just as Elaine Stiehl, 78, was about to take her nap, she heard a noise coming from the front of her home, Coweta County Sheriff’s Office spokesman Lt. Col. James Yarbrough said.Stiehl...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
In a prior post I used the Cascade Mall shooting to point out that concealed carry CAUSES gun free zones. A few days ago I heard about this despicable sheriff, who “sticks by his guns” (i.e., stupid policy against off-duty carry) even after experiencing...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Archived, Asset Protection, Estate Planning
Many advisors took a positive view of Donald Trump’s election, citing his promises to cut taxes for small businesses and free businesses from overregulation. They also believe he’ll be good for the economy by fostering long-term growth, lowering taxes and creating...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Nice when this happens, and at least one study shows victims disarm attackers more than the other way around, but it’s a lot better to have a gun on you, isn’t it? Police said a 39-year-old man and his girlfriend were sitting at their 1400 E. Morris...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
The News reports that Ahasan “encouraged the crowd to stop Trump by any means,” just as the event flier indicated, then they quote him saying, “Exercise your Second Amendment right. Let’s make the NRA regret giving us the right to bear arms.” Source: Paper –...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Asset Protection, Estate Planning, Income Tax, Tax Planning
The United States has tax treaties with a number of foreign countries. Under these treaties, residents (not necessarily citizens) of foreign countries are taxed at a reduced rate, or are exempt from U.S. taxes on certain items of income they receive from sources...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Apparently the son (age unknown) disarmed the intruder and shot the intruder in the face with the intruder’s own gun: According to an arrest warrant, Leonard Trevino was under a flight of stairs at a home in the 700 block of Virgin Oak when the family heard...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
Tragedy in gun-grabber paradise: CHICAGO, Nov. 19 (UPI) — The 15-year-old grandson of U.S. Rep. Danny Davis was shot in the head and killed Friday, possibly in a dispute over gym shoes.Chicago police said Jovan Wilson was in his home in Englewood when two armed...
by Dave Duringer - Protective Law Corp | Nov 19, 2016 | Archived, Asset Protection, Estate Planning
President Trump will get to work on a lengthy to-do list of challenges, questions and decisions on policies that will have a direct impact on financial advisors Source: President Trump’s Agenda For Wealth Management Industry
by Dave Duringer - Protective Law Corp | Nov 17, 2016 | News & Commentary
They said he couldn’t bring jobs back, but it’s already happening before he takes office. They should call these TrumpPhones. Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of...
by Dave Duringer - Protective Law Corp | Nov 15, 2016 | Estate Planning, Family Protection, Firearm Legacy, Firearm Training
by Dave Duringer - Protective Law Corp | Nov 15, 2016 | Asset Protection, Estate Planning, Tax Planning
As for the UHNW population itself, the richest are getting richer, older and more male. UHNW women decreased by 3 percent, and their total wealth decreased by about 14 percent, a phenomenon the study indicates is partially a result of increased reliance on inherited...
by Dave Duringer - Protective Law Corp | Nov 15, 2016 | Defensive Gun Use
The passerby, who had a Concealed Weapons License, exited his vehicle and told the suspect he’d shoot him if he didn’t stop beating the deputy, sources said. After noncompliance from the suspect, the passerby shot the suspect three times, sources said. The...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Defensive Gun Use
CEDAR FALLS — A man with a permit to carry a firearm detained a Cedar Falls man when he started stabbing people at his apartment building last month, according to authorities. According to police, Adam Scott Jacobsen had stabbed fellow tenant Jeffrey Miller 24...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Family Protection, Firearm Legacy, Firearm Training
Adding a blanket psych exam requirement for all applicants would make the application process very similar on paper to what was required (on paper) in Soviet Socialist Republics — where of course, very few permits were granted. A plan by Sonoma County...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Asset Protection, Estate Planning, Estate Tax, Tax Planning
Section 2801 Inheritance Tax Under Section 2801(a), a U.S. domiciliary (or a U.S. resident trust) who receives a gift or bequest from a covered expatriate (CE) is subject to a tax equal to the fair market value of the covered gift or bequest, multiplied by the highest...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Defensive Gun Use
These robbers were dealt with very nicely, thank you:
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Archived, Asset Protection, Estate Planning, Income Tax, Tax Planning
The strategy is all the more powerful if tax rates drop. Why finalize the sale of a business in 2016 when there’s a chance you’ll be able to keep more of the proceeds for yourself down the line? “This is an exercise we normally go through,” said Michael...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Defensive Gun Use, Family Protection, Firearm Legacy, Firearm Training
Of course I’m fine with all this except when he follows the injured robbers and executes them. That’s murder. It was still dark when four men boarded the packed commuter bus heading for Mexico City and ordered the passengers to hand over their valuables....
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Archived, Estate Planning, Family Protection, Firearm Legacy
Though Donald Trump’s presidential victory represents the greatest opportunity for policy changes that have widespread impact, there were many unexpected wins at the state and local levels. The National Rifle Association won in nearly every race where it...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Archived, Asset Protection, Estate Planning, Estate Tax, Tax Planning
Transfer Tax Related Proposals Repeal the gift, estate tax and the generation-skipping transfer taxes, establishing in their place a carryover basis for appreciated property, subjecting beneficiaries to income tax on the gains when they dispose of the property in the...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Defensive Gun Use
The incident happened around 10 p.m. in Bob White, according to a release from the sheriff’s office. Police say the homeowners were alerted by a neighbor that someone was possibly in their back yard. The man and his wife, whose names have not been released,...
by Dave Duringer - Protective Law Corp | Nov 14, 2016 | Archived, WikiLeaks
by Dave Duringer - Protective Law Corp | Nov 13, 2016 | Defensive Gun Use, Estate Planning, Family Protection, Firearm Legacy, Firearm Training
We offer a special, cuddly, safe space in our office for Californians to learn how to keep assault weapons in the family and to carry concealed. Snowflakes welcome. Sunflakes welcome. All flakes welcome. But you won’t be a flake for long.
by Dave Duringer - Protective Law Corp | Nov 13, 2016 | Asset Protection, Estate Planning, Estate Tax, Tax Planning
Dear Wealth Manager, You cannot take care of your clients by simply regurgitating what you hear from the mainstream press, or the mainstream financial press, or even your clients. Get out and mingle with The People.
by Dave Duringer - Protective Law Corp | Nov 13, 2016 | Defensive Gun Use
Police officials have not elaborated on what preceded the 1:30 p.m. killing of 45-year-old Marcus Polk, who was homeless and knew Epps and his family. Epps said the shooting was “self-defense” but would not describe what happened — or even confirm if he had pulled the...
by Dave Duringer - Protective Law Corp | Nov 13, 2016 | Asset Protection, Estate Planning, Family Protection, Health Planning
An Alaska man developed gangrenous toes. A Philadelphia woman froze to death on the street. An Illinois woman died emaciated, covered in excrement.These patients suffered as their government-paid caretakers neglected them, collecting paychecks under a Medicaid program...
by Dave Duringer - Protective Law Corp | Nov 13, 2016 | Archived, Asset Protection, Estate Planning
It is amusing to watch all the nattering nabobs of negativism (liberalism) in the “wealth management” industry fret about Trump’s election and confess surprise over it — maybe if they are that surprised they should reassess their information...