Asset Protection, Wills, Trusts, Estate & Business Planning
From Lincoln’s Address before the Young Men’s Lyceum of Springfield, Illinois, a speech well worth reading in full: At what point shall we expect the approach of danger? By what means shall we fortify against it? Shall we expect some transatlantic military giant to step the ocean and crush us at a blow? Never! All […]
I just stumbled upon this list of 24 [supposedly] Must-Read Blogs for Entrepreneurs. I can’t vouch for them because I haven’t read them all, but many of the names behind the blogs are recognizable: Mark Cuban, Penelope Trunk, Scott Adams, Guy Kawasaki, and others, so go take a look. If you’re thinking of or are in the middle […]
Northwestern Mutual recently published a survey of caregivers, those who take care of the infirm and aged. Among other things, this is what they found, according to Financial Advisor magazine: Caregivers comprise a massive population segment, with 40 percent of the survey’s 1,003 respondents saying they were caregivers. Another 20 percent expect to step into that […]
At the link is an interesting piece at WealthManagement.com that compares the reasons people gave in 1927 for not making a will with the reasons people give now. It’s worth a read if for no other reason than the photographs from those bygone days are great. That said, here are the reasons people gave in […]
So by now, you probably know that the Larry and Gail Miller family insured that the Utah Jazz would forever be the Utah Jazz–musical Mormon jokes aside (by the way ever heard of BYU’s Synthesis?). They did so via a so-called dynasty or legacy trust, a trust intended to live on and on and on, well […]
In case you haven’t noticed, Washington D.C. is a sieve on a sinking ship whose life rafts have holes in them. And I’m not talking about Donald Trump. No, it’s the ATF, also known as the Bureau of Alcohol, Tobacco, Firearms, and Explsives, aka BATFE. But they’re going with ATF, and so are we. On […]
Something to think about from the MIT Technology Review: In August 2015, Samantha Schilit went to her primary care doctor to get a blood draw. A PhD candidate at Harvard specializing in human genetics, she was itching to unlock the secrets of her genes with a test called whole-genome sequencing, which provides a full readout […]
We all know the rule: Sections 402(c)(3) and 408(d)(3) provide that any amount distributed from a qualified plan or IRA will be excluded from income if it is transferred to an eligible retirement plan no later than the 60th day following the day of receipt. A similar rule applies to § 403(a) annuity plans, § […]
An interesting piece at Wealthmanagement.com about how and why charities seek to enforce charitable pledges and what theories courts use to accommodate their claims. The first two paragraphs are key: In August, it was widely reported in the media that Duke University had filed a claim against the estate of Aubrey McClendon, the former CEO […]
Scalia was possibly the best writer on the Supreme Court–ever. Kagan, almost his political polar opposite, will likewise rank as one of its best writers. These are generous, kind thoughts and a worthy example to emulate when we speak of someone we may otherwise disagree with.