SiteLock
What Can Unearned Wealth Do To Your Kids?
Unearned wealth—even in modest amounts—can be a curse.  It can lead to loss of motivation, guilt, diminished self-esteem, arrogance, profligate spending, and other destructive behaviors.
Incentive Trust Planning is the Solution: Introducing... The F.I.R.S.T. Family Trust
Our Firearms Instruction and Responsible Stewardship Trust (F.I.R.S.T. Family Trust) includes custom incentive planning in such areas as these:

  • pursue an education at least through college or vocational school, not in excess, but as necessary preparation for career and life (for example, Trustee may in its discretion reward specific academic achievements);
  • be gainfully employed with a view toward being financially self-sufficient;
  • maintain career with continuing education;
  • be a law-abiding member of society;
  • actively train with firearms for defensive shooting and development as a firearms instructor, and regularly carry a firearm for family protection;
  • engage in regular estate planning, for family protection;
  • be a productive member of society by making meaningful and positive contributions to family, community, and society;
  • engage in religious activities;
  • engage in entrepreneurial activities;
  • engage in creative activities;
  • handle money responsibly and avoid wasteful spending (for example, Trustee, as a financial mentor to beneficiary, may in its discretion match retirement savings, assist with purchasing car/home/business/investments, evaluate stewardship of outright distributions free of trust);
  • act with empathy, thoughtfulness, kindness, and compassion toward others;
  • develop healthy and meaningful relationships;
  • build and maintain family by remaining married, staying at home to raise kids when necessary, and engaging in family recreation;
  • make contributions of time, money, or both to charity; and
  • maintain a physically and mentally healthy lifestyle.
It's a Free Country! - Remember hearing that?
It is sad when a parent who believes in the American trinity of “Liberty,” “In God We Trust,” and “E Pluribus Unum” has a child who believes that equality trumps liberty, that a secular America is preferable to a God-centered one, and that multiculturalism should replace the unifying American identity. – Dennis Prager
SacredHonor.US - incentive trust planning for lives, fortune, sacred honor - Orange County, California

Incentive Trust Planning

Economic and Legal Considerations for Short-Term Rental Businesses

Platforms such as Airbnb and VRBO have disrupted an industry once dominated by hotels and resorts, allowing individuals to open their homes and residential properties to travelers. The boom in short-term rentals has created new opportunities for investors who want to...

Understanding Your Business Liabilities and Assets

Assets, liabilities, and equity are accounting terms that every small business owner should be familiar with. They are included on a business’s balance sheet, providing a snapshot of financial health. A balance sheet shows a company’s assets and liabilities at a given...

Business Licenses and Permits to Start Your Business

Small business owners are no strangers to government regulations. There are many requirements that businesses must be aware of and comply with, including business license and permit rules. Most businesses must obtain licenses or permits, so it is important for each...

Changing Your Business’ Legal Structure

Over time, your business can undergo significant changes. What may have started as a humble, one-person operation can grow into a more complex company, with multiple owners, employees, an evolving mission statement, and increasing risks. As the scope and goals of your...

What Is Due Diligence When Buying a Business?

Due diligence is the process of obtaining and verifying information about a company or person in preparation for a business transaction, such as an acquisition, merger, or potential new business partner. Generally, due diligence provides information about the company...

The Annual Meeting: What Every Corporation (and Many Limited Liability Companies) Should Know

All registered corporations are required by law to hold an annual meeting. Limited liability companies (LLCs), although not subject to the same statutory requirement, may hold regular meetings in accordance with their governing documents. What Is the Purpose of a...

Gifts That Keep Giving: Tax Considerations for Business Gift-Giving

As the holiday season approaches, gift-giving is on the minds of many business owners. But there are reasons why a business owner may want to give gifts to workers and clients throughout the year and not just during the holidays. Whether to recognize a job well done,...

Revamping Your Business Model

Good business ideas have a simple elegance that can spur entrepreneurs to ask themselves, Why didn’t I think of that? Or maybe they did have a good idea but lacked the foresight to turn it into an effective business model. Inspiration alone is not enough to succeed in...

Managing Business Relationships

Americans have a “pull yourself up by your bootstraps” mentality that speaks to our individualism and enterprising spirit. This mindset is especially pronounced among business owners, who have chosen to forego the typical employment route in favor of creating their...

AI Hiring: What You Need to Know to Avoid Liability

Artificial intelligence (AI) is arguably the most transformative technology since the advent of the internet. It is poised to play a significant role in many areas of human life, including the workplace, where AI is changing not only how we work but also how we hire....

Free Laser Gun Practice

High-tech range simulator!

Free Dry Gun Practice

You never have to touch a real firearm!