Concealed carry insurance may be a good idea, but there are gaps, limits, exclusions from coverage. If you carry a gun to protect yourself and your family, consider asset protection planning. In addition to barring future creditors, comprehensive estate planning can make you a better fighter by reducing deadly hesitation.
Sign up at guntrust.org for our free training, including Tactical Reload and Emergency Reload drills, mainly with handguns, but also with trusts. We train you to keep your trust loaded with regular funding checkups. We also train you to prepare for a possible Heggstad motion, which is an Emergency Reload for trusts, often necessary when a client fails to do Tactical Reloads.
Guns are dangerous. That’s a good thing if needed for defense. But your guns can also hurt your family after you are gone. Your guns can injure them, or put them in prison because of laws that most people do not understand. When a loved one dies without proper gun trust planning, contact me at CentralCoastProbate.com for assistance.
Life insurance is the lifeblood of estate planning. I don’t sell life insurance, but I can help you and your agent put it to good use in protecting your family: providing needed liquidity, business succession, or simply freeing your kids from the public school system. Drag your agent to the free training I offer at guntrust.org – and get up to speed on comprehensive planning.
Most gun owners have some sort of training. How not to shoot themselves, maybe how to hit a target. Defensive handgun training is different because of the need for speed. Very few gun owners have this training, even fewer practice it regularly. Sign up for our free training at guntrust.org and do drills in our office that you cannot do at the local range.
You can have peace of mind if you are unconsciously incompetent when it comes to guns and trusts. A little training, and you realize both can be a danger to your family. Our free training at guntrust.org takes you to conscious incompetence, then conscious competence, then unconscious competence where you regain peace of mind.
“From my cold dead hands!” Great motto. But what happens if you become incapacitated? There will be great pressure to get rid of your guns upon incapacity. They might even be surrendered to police for destruction. What if you regain capacity, but someone gave all your guns away? A gun trust trains your family while you are incapacitated, and after death.
No matter how bad things look, this is still a free country. The basis for wealth is the rule of law, which in turn is based on our right and duty to bear arms, not simply for balance of power but because the militia ethic builds the character of a free people. Make it your family mission, during life and after death, to incentivize the values that sustain a republic, and disinherit woke.
Knowledge is power. If you are an advisor helping families, my Estate Planning Strategies book can help you help them better. My colleagues and I contributed 77 articles to this leading resource on estate planning. Advisors attending my free training at guntrust.org, including the free handgun training, will receive this book free of charge.
If you are on your death bed, you might be wishing you’d planned better to protect your spouse, kids, grandkids, others in need. You might yearn for one last hug, telling them how much you love them, how they make you proud. But there’s no time for that! Instead, you want to call me, Dave Duringer. We can use your last moments on earth to write a hundred-page love letter doing all of that, and more!
Everybody has a PLAN until they get punched in the mouth (POW). Education forces experimental injections on your kids, robs them of values and maybe a few body parts, and when you speak out, you get banned from social media, or investigated by the FBI. Time to punch back with homeschooling and private training under a FIRST Family Trust.
Let’s say you set up a comprehensive estate plan to protect your family. Great. Will that trust give you peace of mind forever? So many things can change…the Law can change, your Family can change, your Assets can change. Our trusts include our Client Maintenance Plan FREE if you pass our handgun skills test. Check out our free training at GUNTRUST.ORG and take the test!
Some advisors send their clients to low-cost trust mills, trying to save them money. Trouble is, cookie cutter trusts do not protect families, and that is the whole point of estate planning. If you are an advisor who cares about your clients, drag them to the free training I offer at GUNTRUST.ORG—you will have a blast discussing comprehensive planning and perfecting handgun drills under time pressure.
Bespoke (or custom) gun trust planning is important in EVERY state because it is the ONLY effective way to transmit a legacy of firearm training, and that’s the only way to preserve gun culture and our right to bear arms. But in California, special gun trust planning may be necessary even to avoid probate! So EVERY trust I draft for a California gun owner is a purpose-built gun trust.
Dementia doesn’t happen all at once. It waxes and wanes but gets worse over time. One day you win the presidency with a record number of votes, and the next you are shaking hands with an invisible person or being guided around by the Easter Bunny. Good days and, bad days. Make sure you visit your estate planning attorney on a good day; otherwise, life can get very complicated for your children.
When it comes to estate planning, some like it simple. Low-price trust hawkers like simple because all they can do is simple. Customers like simple because they’re told they can save money by avoiding expensive lawyers. After they die, they find out that simple failed to protect their family. And that was the whole point of having an estate plan! Simple can get very complicated.
If you are having a trust drafted, be sure to get a second opinion. Take advantage of my free initial design meeting. There are many options out there, from many sources, at many price points, sometimes even free of charge. Why are these trusts priced so low? Because you won’t know whether the trust works until after you die. And that’s a little too late.
For most families, Prop 19 means you can no longer pass real estate to kids without reassessment, raising property taxes higher than the kids can afford. Prop 13 trusts avoided Prop 19, but that loophole closed several years ago. Some families may still avoid reassessment with advanced LLC planning, and every family must know how to step carefully through the Prop 19 minefield.
If you own a farm or ranch, you may want to keep it in the family forever. You’ll want to treat non-farming family members fairly, but maybe not equally. You’ll want to keep the court system away, have separate operating and land-owning entities, and avoid disqualification from any federal farm subsidies. And you’ll definitely want to avoid any estate tax which could force sale of the farm.
If you have an estate worth millions, whether a business or farm or ranch or just a lot of real estate, then you need to be concerned about estate tax. Under current law, the exclusion amount will soon drop in half, and Congress can reduce it further at any time given budget concerns. Even if you are under the exclusion amount, your estate plan should include flexible tax planning, just in case.
It’s called Sudden Adult Death Syndrome, or SADS, a sharp increase in excess deaths among young adults over the last couple years. Why? I couldn’t say. Other than maybe global warming, I can say that. Regardless of the cause, excess deaths are a reality. Your estate plan could fail if a family member dies out of the expected order and your plan is not designed properly.
Is your current plan vulnerable to high trust income tax rates? Flexible trusts can avoid these high rates, and still provide lifelong asset protection to beneficiaries. Is your old-style AB trust growing a capital gains monster? Smart basis planning wipes out capital gains with selective step-up, blocking any step-down in basis, and you are still protected from estate tax.
Russian forces are near my wife’s family in eastern Ukraine. They’ve bombed HOMES and killed KIDS.
So Ukraine hands out thousands of rifles to people with NO PRIOR TRAINING! Does that make ANY sense?
If you want PEACE, prepare for WAR.
We have not merely a right, but a DUTY to bear arms. And a duty to TRAIN our families.
Your TRUST can do that RIGHT NOW and continue for generations.
You want to keep your wealth in the family. It’s called bloodline protection. Outright distribution, immediately or delayed until a certain age, is a bad idea because it can be squandered, lost through divorce, or taken by creditors and predators. A subtrust for life can work, if drafted correctly.
The guardians for your kids–are they trained to bear arms? Do they, regularly? Does your plan leave a Legacy of Firearm Training–not mere plinking, but real training with objective standards like drawing and firing a controlled pair at close contact in one second flat, or performing an emergency reload in one second flat?
Many families are blended, with children from prior relationships. Traditional families may become blended upon remarriage after divorce, or after death way off in the future. The surviving spouse can easily disinherit the kids, on purpose or by accident, so proper planning is a must for blended families.
RONALD REAGAN WARNED US:
“FREEDOM IS NEVER MORE THAN ONE GENERATION AWAY FROM EXTINCTION.”
YOUR FAMILY CAN BEAT THE ODDS WITH A F.I.R.S.T. FAMILY TRUST.
DEVELOPED BY CENTRAL COAST ATTORNEY DAVE DURINGER, THE FIREARM INSTRUCTION AND RESPONSIBLE STEWARDSHIP TRUST IS DESIGNED TO LAST FOR GENERATIONS, TRANSMITTING LIFE, FORTUNE, AND HONOR, TO YOUR DESCENDANTS.
IF YOU BELIEVE IN OUR SECOND AMENDMENT, YOU NEED TO SPEAK WITH ATTORNEY DAVE DURINGER. IN ADDITION TO ASSET PROTECTION AND TAX PLANNING, HE FOCUSES ON THE NEEDS OF GUN OWNERS, PREVENTING “ACCIDENTAL FELONIES” AND USING INCENTIVES TO PASS ON VALUES NECESSARY TO SUSTAIN A REPUBLIC.
PLUS HE’LL GIVE YOU FREE GUN TRAINING JUST FOR WATCHING HIS WEBINAR.
CHECK OUT LAW NEWS DOT TV…L-A-W…N-E-W-S…DOT TV.
PLAN YOUR ESTATE ONLINE, OR IN PERSON AT DAVE’S OFFICE, PROTECTIVE LAW CORP, IN MORRO BAY.
INITIAL DESIGN MEETING IS FREE. VISIT LAWNEWS DOT TV…LAWNEWS DOT TV.