by Dave Duringer - Protective Law Corp | Dec 27, 2017 | Estate Planning, Estate Tax, Gift Tax, Tax Planning
Under either formulation of purpose, that is, the “unified” approach or the “fairness” approach, in issuing its regulations, the IRS would be compelled to use the basic exclusion amount in effect the time of the decedent’s death for purpose of computing the...
by Dave Duringer - Protective Law Corp | Dec 27, 2017 | Dying Embarrassed, Estate Planning, Horror Stories
Lewis had another child out of wedlock, who calls herself Suzan Lewis (née Minoret), whom he never acknowledged despite her parentage being confirmed by DNA tests. She isn’t mentioned among those disinherited, presumably because to do so would require Lewis to...
by Dave Duringer - Protective Law Corp | Dec 27, 2017 | Estate Planning
Interesting background info: You’ve definitely heard the names before. It’s no coincidence that some of the most iconic companies in the world belong to some of the richest families in the world. Click through the gallery below to see who America’s 10 richest...
by Dave Duringer - Protective Law Corp | Dec 27, 2017 | News & Commentary
Everything. Messed. Up. Maybe WW3 will straighten things out. Two Irish men have married in Dublin to avoid paying €50,000 in inheritance tax on a house. Best friends Matt Murphy and Michael O’Sullivan are both heterosexual, but decided to get married when they...
by Dave Duringer - Protective Law Corp | Dec 26, 2017 | Firearm Training
If you shoot through car doors, Critical Duty may be just the thing for you: With their Critical Defense line of ammunition, the engineers at Hornady realized that most citizens looking for ammunition for their concealed handguns aren’t likely to be shooting...
by Dave Duringer - Protective Law Corp | Dec 26, 2017 | Estate Planning, Family Protection
Conservatives talk about family values, but from what i can see we fall short in passing on these values. For example, most gun owners cannot be bothered to pass on a legacy of firearm training beyond the grave — they merely want to pass on the hunks of...
by Dave Duringer - Protective Law Corp | Dec 26, 2017 | News & Commentary
TRENTON – The handgun that Shaneen Allen was carrying when she was pulled over on a South Jersey highway could have sent her to prison for years if not for a pardon from Gov. Chris Christie. Now the legal saga that kept the Pennsylvania mother of two in...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | News & Commentary
FPC makes some good points here — Hollywood benefits from exemptions allowing it (and its lucky members) free use of otherwise heavily restricted firearms, yet uses this freedom to attack the right to bear arms: But, as The Hollywood Reporter found, at...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Defensive Gun Use
Shortly after 2 a.m., a 27-year-old man was pulling his vehicle into a back yard lot in the 9100 block of South Blackstone when another male approached and pointed a weapon, according to Chicago Police. The 27-year-old, who has a concealed carry permit, opened...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Defensive Gun Use, Family Protection, Firearm Legacy, Firearm Training, Religious Faith
Thomas Aquinas and his treatment of self-defense in his great work Summa Theologiae should be a part of any debate on use of lethal force in self-defense (online here): Question 64. Murder Article 7. Whether it is lawful to kill a man in self-defense? Objection 1. It...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | News & Commentary
From NRA-ILA: FBI figures show surging interest in concealed carry licenses in the nation’s capital following a recent court ruling that effectively ended D.C.’s discretionary licensing regime. D.C. officials decided not to appeal the ruling in early October....
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | News & Commentary
A good Samaritan heard screaming, went over to the truck and interrupted the assault, police said. He opened the door and was able to get the woman out and took photos of the truck as the suspect drove off. Story here.
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | News & Commentary
Former Marine marksman, a Muslim convert, planned to funnel people in at San Francisco’s Pier 39 and then gun them down: The 26-year-old is charged with attempting to supply support to a foreign terrorist organization, specifically the Islamic State....
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Family Protection, Firearm Legacy, Firearm Training
From NRA-ILA: With 42 states and the District of Columbia now recognizing the Right-to-Carry, California’s retrograde may-issue Carry Concealed Weapon licensing regime is atypical. However, a recent state audit of three of California’s CCW license issuing...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Charity, Estate Planning, Family Protection
The end of the year means a drastic increase in philanthropic gifting. If any of your clients are considering charitable gifts this month through a private foundation, here are 10 precautions to advise them about: Article here.
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Estate Planning
Talk about “hand from the grave” planning: To date, no one has disputed that cryonics patients are, in fact, dead. In Alcor Life Extension Foundation, Inc. v. Mitchell, the California Department of Health Services refused to issue death certificates...
by Dave Duringer - Protective Law Corp | Dec 23, 2017 | Asset Protection, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
The Tax Cuts and Jobs Act((In both the House and Senate versions, the bill was called the “Tax Cuts and Jobs Act.” Due to a last-minute change in response to a procedural issue, the official title was changed to “To provide for reconciliation pursuant to titles...
by Dave Duringer - Protective Law Corp | Dec 21, 2017 | Estate Planning, Estate Tax, Firearm Training, Tax Planning
The expected new Tax Cut and Jobs Act (not the official title anymore, but i’m sticking with it) doubles the applicable exclusion amount for estate tax but reverts to current law on January 1, 2026. That sunset provision reminds me of this funny old video...
by Dave Duringer - Protective Law Corp | Dec 13, 2017 | Defensive Gun Use
This and other examples of kids using guns in self-defense here.
by Dave Duringer - Protective Law Corp | Dec 10, 2017 | Family Protection, Financial Mentorship, Firearm Legacy, Religious Faith
A new Harvard University poll Tuesday is blaring a loud danger signal to the Republican Party after finding that millennials are now the largest generation of voters and they are overwhelmingly Democratic, by a two-to-one margin. Article here. Maybe time for a little...
by Dave Duringer - Protective Law Corp | Dec 10, 2017 | Archived, Firearm Training
Now approved by the Orange County Sheriff’s Department to provide training for the California license to Carry a Concealed Weapon (CCW), we have set January 20 as the date for our inaugural class and, as with all of the firearm training we offer, this class is...
by Dave Duringer - Protective Law Corp | Dec 9, 2017 | News & Commentary
A researcher has estimated that there are nearly 2,000 serial killers at large in the United States. Archivist and researcher Thomas Hargrove has developed his own algorithm that he uses to track the habits and status of serial killers. Story...
by Dave Duringer - Protective Law Corp | Dec 9, 2017 | Defensive Gun Use
Starnes says the father isn’t facing charges and that he “really saved the day and protected a lot of people.” Story here.
by Dave Duringer - Protective Law Corp | Dec 8, 2017 | Asset Protection
America is more British than modern day Britain. British lords seized power from King John in 1215, forced him to sign the Magna Carta allowing a right to bear arms and the militia ethic was borne in the English-speaking world. But the Brits killed their own militia...
by Dave Duringer - Protective Law Corp | Dec 6, 2017 | Archived, News & Commentary
Good job for once, Congress. Now, don’t screw it up! The House approved the bill, 231-198, largely along party lines. The measure would allow gun owners with a state-issued concealed-carry permit to carry a handgun in any state that allows concealed weapons. It...
by Dave Duringer - Protective Law Corp | Dec 4, 2017 | Asset Protection, Creditors & Predators
UVTA is an attempt by trial lawyers and pointy-headed liberal law professors to resolve conflict of laws in favor of the state from which transfers are made, effectively ending asset protection as we know it. This is obviously not supported by our legal...
by Dave Duringer - Protective Law Corp | Dec 4, 2017 | Archived, News & Commentary
From NRA-ILA: The U.S. House Judiciary Committee has passed H.R. 38, the Concealed Carry Reciprocity Act of 2017, and it is now headed to the U.S. House floor for a vote. Please contact your U.S. Representative and ask him/her to vote for H.R. 38! Your...
by Dave Duringer - Protective Law Corp | Dec 3, 2017 | Asset Protection
This should be an interesting case to watch, depending on the timing of the transfer to trust and his solvency at that time. Not sure, but i believe Massachusetts has yet to pass the Uniform Voidable Transactions Act, a variant of which California passed...
by Dave Duringer - Protective Law Corp | Nov 27, 2017 | Defensive Gun Use
Another (yawn) mass shooting stopped by a good guy with a gun — this time at a Costco. Anyone else shop at Costco? Good people shop at Costco.
by Dave Duringer - Protective Law Corp | Nov 25, 2017 | Estate Planning, Tax Planning
Don’t just sit there, plan but plan flexibly! Article here: Your clients may think that their best course of action is to hold tight until the political landscape becomes clear. This is an attitude that could cost them. Now is not the time to wait for...
by Dave Duringer - Protective Law Corp | Nov 25, 2017 | Charity, Family Protection, Financial Mentorship
More here: As with lottery winners and athletes who are in danger of spending significant portions of their new-found wealth in an instant, children who were raised with wealth must be properly prepared to handle affluence and their inheritance wisely Older...
by Dave Duringer - Protective Law Corp | Nov 25, 2017 | Asset Protection, Business Succession, Creditors & Predators, Estate Planning, Family Protection, Tax Planning, Venture Protection
Some of the reasons listed here: Despite the proposed high estate, GST and gift tax exemptions and whether there’s repeal, trusts will remain extremely popular for many non-tax reasons, including: family governance/succession/education; ability to override the...
by Dave Duringer - Protective Law Corp | Nov 24, 2017 | Dying Embarrassed, Family Protection, Firearm Legacy, Firearm Training, Horror Stories
I would hope most people by now know that the Texas church massacre was stopped by a good guy with a gun, Stephen Willeford, and that the gun he used to stop the attack was the oft-maligned AR-15. Some on the Left are so crazy they actually say Willeford should...
by Dave Duringer - Protective Law Corp | Nov 24, 2017 | News & Commentary
From NRA-ILA, story here: Most Americans consider Stephen Willeford a hero for bravely ending the rampage of a crazed murderer at a Texas church … but not former Vice President Joe Biden. During a national television appearance on Monday, Biden dismissed the...
by Dave Duringer - Protective Law Corp | Nov 24, 2017 | Family Maintenance, Family Protection, Religious Faith
The abortion rate in the US has plummeted to an historic low: In 2014, there were 12.1 abortions per 1,000 women of childbearing age – down from 19.4 in 2008. On the other hand, in England women are having fewer children than ever: The same generation also had...
by Dave Duringer - Protective Law Corp | Nov 23, 2017 | Asset Protection, Creditors & Predators, Spendthrift Children
A huge sea change in California asset protection law is sending assets to sanctuary states, like Nevada, more willing to protect those assets than creditor-friendly California. That other states better protect funds in self-settled trusts is old news. Many states,...
by Dave Duringer - Protective Law Corp | Nov 5, 2017 | Defensive Gun Use
UPDATE: The Texas church shooter (who BTW preached atheism) was dishonorably discharged, had a history of domestic violence, so would seem to have been prohibited from possessing firearms. Bottom line, he criminally broke existing gun laws even before he murdered....
by Dave Duringer - Protective Law Corp | Nov 5, 2017 | News & Commentary
Story here: Schrier immediately dialed 911 while Bounds rushed to the car along with an unidentified man from another vehicle who stopped to help. “We didn’t see any other cars around so we assumed no one called 911,” Schrier said. “We didn’t know if it was...
by Dave Duringer - Protective Law Corp | Nov 4, 2017 | Estate Tax, Tax Planning
So far, the House GOP’s proposed tax plan avoids the carryover basis regime that would have been necessary if it would have imposed a capital gains tax at death to replace the estate and generation skipping transfer taxes, as the Trump campaign seemed to favor....
by Dave Duringer - Protective Law Corp | Nov 2, 2017 | News & Commentary
Please welcome new guntrust.org Ambassador Ron Gonzales and congratulate him on participating in our dry practice. As you can see from the video of Ron performing emergency reload, Ron did really great with just a little bit of training, and we look forward to...
by Dave Duringer - Protective Law Corp | Oct 27, 2017 | News & Commentary
“Oswald having been killed today after our warnings to the Dallas Police Department was inexcusable,” Hoover dictated. “It will allow, I am afraid, a lot of civil rights people to raise a lot of hell because he was handcuffed and had no...
by Dave Duringer - Protective Law Corp | Oct 3, 2017 | Firearm Training
A few brief comments on the horrific attack in Vegas — brief because so early in a shooting like this, there is a lot of false reporting. For example, it was initially reported that Vegas police broke through Paddock’s door just ten minutes into the...
by Dave Duringer - Protective Law Corp | Oct 2, 2017 | Asset Protection
Story here reminds us that OJ Simpson is suspected of squirreling away millions in offshore accounts. (One of OJ Simpson’s pals seems to have spilled the beans in a recording seconds after Simpson’s ill-fated robbery in Vegas. Cook believes it is possible...
by Dave Duringer - Protective Law Corp | Oct 2, 2017 | Firearm Training
Seems like everyone these days is hawking self-defense products, and not all of these salesmen are friendly toward gun rights. The sad reality is that many of these purveyors of pepper spray are pacifist-aggressive, anti-gun activists, intent on spreading propaganda...
by Dave Duringer - Protective Law Corp | Sep 26, 2017 | Firearm Training
Story here. Videos are rather shocking to watch. Granted, the officer did not have much time to react and may have confused the item taken from his belt (which does appear to be a magazine) for something more lethal or perhaps the officer didn’t realize...
by Dave Duringer - Protective Law Corp | Sep 24, 2017 | Firearm Training
We may soon see some local progress for right to carry at least in terms of our local board of realtors, Orange County Association of Realtors, mentioning in its safety training classes the possibility of using guns for self-defense. Doesn’t sound like much, I...
by Dave Duringer - Protective Law Corp | Sep 24, 2017 | Defensive Gun Use
Usher had license to carry but no gun until he retrieved it from his car. If he had carried the gun on him, things might have turned out differently. Story here. Aaron said the usher, who has a valid carry permit, then went out to his car and retrieved his own...
by Dave Duringer - Protective Law Corp | Sep 5, 2017 | News & Commentary
Sheer lunacy: U.S. Virgin Islands Gov. Kenneth Mapp signed an emergency order allowing the seizure of private guns, ammunition, explosives and property the National Guard may need to respond to Hurricane Irma. Source: Virgin Islands Grabbing Guns Ahead Of Irma...
by Dave Duringer - Protective Law Corp | Sep 4, 2017 | News & Commentary, Religious Faith
A unusual social study has revealed that atheists are more easily suspected of vile deeds than Christians, Muslims, Hindus or Buddhists—strikingly, even by fellow atheists, researchers said Monday. Source: Atheists thought immoral, even by fellow atheists: study...
by Dave Duringer - Protective Law Corp | Sep 4, 2017 | Pet Protection
I’ve had several clients actually tell me they want their pets destroyed when they pass on. Most pets would prefer a pet trust. Fish might be less of a commitment. Unlike goldfish, parrots live up to about 60 years. There are reports of parrot...