by Dave Duringer - Protective Law Corp | Jul 4, 2017 | Dying Embarrassed, Firearm Training
Some collect, some train. But Bernstein was hit by tragedy in 2012 when his wife was killed at their rifle range while filming a Discovery Channel reality show. Terry died when she was hit by two smoke bombs travelling at 150mph while being used to create a...
by Dave Duringer - Protective Law Corp | Jul 4, 2017 | Defensive Gun Use
“There was four of them in a line … my son was third,” Clark said. “The bear came down the trail at them, fella in the front, who was his uncle, the bear was on him so quickly that he didn’t have time to take his rifle off his shoulder.”The bear ran through the...
by Dave Duringer - Protective Law Corp | Jul 4, 2017 | Estate Planning, Family Protection
Paine left most of his estate to protect the family of a political ally persecuted in France, bringing them to America and setting up trusts for education and support of the children so the money would not be squandered before they reached 21. See Thomas...
by Dave Duringer - Protective Law Corp | Jul 3, 2017 | Dying Embarrassed, Estate Planning, Family Protection, Financial Mentorship
Jefferson died broke but left a legacy of books and education benefiting the Library of Congress and the University of Virginia. See Jefferson’s will here: Last Will and Testament | Thomas Jefferson’s Monticello
by Dave Duringer - Protective Law Corp | Jul 3, 2017 | Dying Embarrassed, Estate Planning, Family Protection
Washington is known as the only founding father who emancipated all of his slaves, but actually he only emancipated one outright. His slaves had intermarried with Martha’s dower slaves, in whom Martha had only a life estate because her first husband died...
by Dave Duringer - Protective Law Corp | Jul 3, 2017 | Estate Planning, Family Protection
A few of the Founders did plan for some kind of values transmission. Franklin for example, gave not only his printing business but over 400 diamonds to his daughter, and asked her not to make them into jewelry, which he considered vain and useless. Franklin...
by Dave Duringer - Protective Law Corp | Jul 3, 2017 | Estate Planning
It found that 74 percent of all U.S. gun owners say owning a gun is “essential to their freedom.” Another 73 percent of the owners say they could never see themselves “not owning a gun.” Half say that “all or most of their friends” also own guns. The survey, which...
by Dave Duringer - Protective Law Corp | Jul 3, 2017 | Estate Planning
In honor of Independence Day, here is a look at the last wills of the nation’s founding fathers. Source: Independent Legacies: Wills of Our Founding Fathers
by Dave Duringer - Protective Law Corp | Jun 28, 2017 | Dying Embarrassed, Firearm Training, Horror Stories, News & Commentary
Some people should not have guns. She said Ruiz also “had plenty of guns. He liked guns.” Source: Minnesota woman charged with killing boyfriend in video stunt – StarTribune.com
by Dave Duringer - Protective Law Corp | Jun 23, 2017 | Firearm Legacy, Firearm Training
Federal law does not restrict individuals from transporting legally acquired firearms across state lines for lawful purposes except those explicitly prohibited by federal law to include convicted felons; persons under indictment for felonies; adjudicated...
by Dave Duringer - Protective Law Corp | Jun 18, 2017 | Family Protection
A new Rasmussen Reports national telephone and online survey finds that 70% of American Adults say being a father is the most important role for a man to fill in today’s world. Just 17% disagree, but 13% are not sure. Source: Fatherhood Still Seen as Man’s Most...
by Dave Duringer - Protective Law Corp | Jun 14, 2017 | Archived, Family Protection
More and more coyotes are being spotted within urban areas of Southern California. Here’s a look at coyote attacks reported from August 2012 to 2016.Between August 2012 and August 2016 there have been 50 coyote attacks in Southern California in which a person...
by Dave Duringer - Protective Law Corp | Jun 14, 2017 | Family Protection
In contemporary America, as in the West generally, we are witnessing a diminution of traditional self-reliant values. With this, there has been a strong shift to a passive, group think perspective. It’s our belief that the demand for extreme gun control goes...
by Dave Duringer - Protective Law Corp | Jun 14, 2017 | Family Protection, Religious Faith
The Left went bananas over the so-called travel ban because it was just one more example of a spotlight on the clash between civilizations — Islam and Catholicism. The Left may be insane but they aren’t stupid. They know Islam is a not really a religion as much...
by Dave Duringer - Protective Law Corp | Jun 14, 2017 | Firearm Legacy
Under Rep. Barry Loudermilk’s proposal, members who are allowed to conceal carry a weapon in their home state would be able to in Washington. Loudermilk, R-Ga., said the problem is that the nation’s capital does not recognize concealed carry licenses from...
by Dave Duringer - Protective Law Corp | Jun 14, 2017 | Firearm Legacy
So the mass-shooter-of-the-day is today again, as it so often is, a Democrat. This one, a little more notorious perhaps since he was a Bernie supporter and specifically targeted Republican congressmen. Plus it seems he was a decent shot. And there is no indication, at...
by Dave Duringer - Protective Law Corp | Jun 13, 2017 | Family Protection, Firearm Legacy
I recently encountered a brainwashed anti-gun millennial and gave her this snappy response: Millennial: “I’m not into guns.” [Cold tone makes it clear she hates not only guns, but their owners.] American: “SOME people should NOT have guns. But...
by Dave Duringer - Protective Law Corp | Jun 7, 2017 | Family Maintenance, Family Protection, Religious Faith
Mastering Life Ministries’ 850 videos were recently all barred from Vimeo. Many of the videos addressed healing from childhood sexual abuse, sex trafficking, and pornography addiction. Source: Former transgenders share sex change regret stories in new...
by Dave Duringer - Protective Law Corp | Jun 7, 2017 | Pet Protection
What is your pet saying? “Secure my retirement with a pet trust.”
by Dave Duringer - Protective Law Corp | May 29, 2017 | Firearm Legacy, Firearm Training
This is a solemn day of mourning, and remembrance of those brave souls who fought and died in service of our country. It is also a day to joyfully celebrate their legacy, enriched by their spent blood. What is legacy? To many it means only money, but an...
by Dave Duringer - Protective Law Corp | May 29, 2017 | Estate Planning, Family Protection
These results are from the 2012 Allianz Life American Legacies Pulse Study* which surveyed baby boomers (age 47 to 66) and “elders” (age 72 and older). Allianz Life conducted a similar study in 2005. Interestingly, despite the financial crises that occurred...
by Dave Duringer - Protective Law Corp | May 27, 2017 | Family Maintenance, Family Protection
“The family therefore holds directly from the Creator the mission and hence the right to educate the offspring, a right inalienable because inseparably joined to the strict obligation, a right anterior to any right whatever of civil society and of the State,...
by Dave Duringer - Protective Law Corp | May 26, 2017 | Family Maintenance, Family Protection
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by Dave Duringer - Protective Law Corp | May 26, 2017 | Family Protection
The family is a society whose primary end is to transmit life and to raise children. Because it is the source of life and of new human relationships, it constitutes the fundamental and irreplaceable cell of society. All the classical philosophers and political...
by Dave Duringer - Protective Law Corp | May 26, 2017 | Firearm Training
The CPRC tracks permit numbers across the country and publishes an annual report on concealed carrying in the United States. As of late last year, the number of Americans with carry permits hit the 15 million mark, and the current estimate of permittees is at...
by Dave Duringer - Protective Law Corp | May 26, 2017 | Career Preparation, Family Protection, Financial Mentorship
“What spoils kids is not letting them taste the natural consequences of their mistakes. When we give them the impression that their choices don’t have natural, logical consequences and we rescue them from those — when we say, ‘Hey, you do that...
by Dave Duringer - Protective Law Corp | May 26, 2017 | Firearm Training
Sometimes you might be able to identify a suicide bomber before he detonates. Here’s what to look for: – Clothing that is bulky or excessive for the weather (to hide the bomb) – Hands hidden (possibly holding the switch to detonate the bomb)...
by Dave Duringer - Protective Law Corp | May 26, 2017 | Firearm Training
Both cops and armed citizens need to be aware of the fact that if we choose to take a shot against a terrorist wearing a bomb vest or belt, we should alter our traditional target areas. If we shoot for the body, we will likely create the very type of explosion...
by Dave Duringer - Protective Law Corp | May 17, 2017 | Estate Admin, Estate Planning, Family Protection, Probate Admin, Trust Admin
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...
by Dave Duringer - Protective Law Corp | May 17, 2017 | Asset Protection, Creditors & Predators, Estate Planning, Family Protection, Financial Mentorship, Spendthrift Children
“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...
by Dave Duringer - Protective Law Corp | May 17, 2017 | Asset Protection, Estate Planning, Family Protection, Financial Mentorship
“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...
by Dave Duringer - Protective Law Corp | May 16, 2017 | Family Protection, Firearm Legacy, Firearm Training
by Dave Duringer - Protective Law Corp | May 15, 2017 | Asset Protection, Creditors & Predators, Estate Planning, Income Tax, Spendthrift Children, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Estate Planning, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Preparation, Estate Planning, Family Protection, Financial Mentorship
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 Matters
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Punishment, Religious Faith
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Archived, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Estate Planning, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Archived, Estate Planning, Estate Tax, Gift Tax, Income Tax, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Asset Protection, Estate Planning, Retirement Planning, Tax Planning
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Firearm Training, Punishment, Religious Faith
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Career Maintenance, Career Preparation, Charity, Estate Planning, Family Maintenance, Family Protection, Financial Mentorship, Firearm Legacy, Punishment, Religious Faith
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...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Archived, Income Tax, Tax Planning
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:...
by Dave Duringer - Protective Law Corp | May 15, 2017 | Asset Protection, Estate Planning
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...
by Dave Duringer - Protective Law Corp | May 1, 2017 | Archived, Asset Protection, Estate Planning
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,...
by Dave Duringer - Protective Law Corp | Apr 24, 2017 | Estate Planning, Health Planning, Retirement Planning
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...
by Dave Duringer - Protective Law Corp | Apr 24, 2017 | Charity, Estate Planning, Retirement Planning, Tax Planning
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...
by Dave Duringer - Protective Law Corp | Apr 23, 2017 | Asset Protection, Career Preparation, Creditors & Predators, Estate Planning, Family Maintenance, Family Protection, Spendthrift Children
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...
by Dave Duringer - Protective Law Corp | Apr 23, 2017 | Asset Protection, Career Preparation, Estate Planning, Spendthrift Children
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 – Bloomberg
by Dave Duringer - Protective Law Corp | Apr 23, 2017 | Tax Planning
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:...