“If you fail to plan, you are planning to fail” Benjamin Franklin In a fictional survey, four out of five people indicated they would rather have a tooth drilled without anesthesia than to read their own last will and testament. Four out of five dentists approved the survey. The point being is that a […]
THE OSTRICH APPROACH (Execute or Update Your Will Before It’s Too Late) Read More »
“A goal without a plan is just a wish.”Antoine de Saint-Exupery Barb scurries about the house taking care of last-minute details, while Mike is in the garage pulling down the decorations. Barb and Mike have hosted many family gatherings in their 40 years of marriage, but this year will be a little different. Mike has
TO PORT, OR NOT TO PORT: THAT IS THE QUESTION (Lifetime Exemption Planning) Read More »
“The advantage of growing up with siblings is that you become very good at fractions.” R. Brault THE FAMILY RECIPE Family businesses are the backbone of the United States economy – comprising 80 to 90 percent of all business enterprises, 64% of gross domestic product, 62% of employment, and 78% of new job creation. By
FAMILY BUSINESS GUMBO Read More »
A BUNDLE OF MAGIC STICKS (Beneficiary Controlled Trusts Now Authorized in Louisiana) (La. R.S. 9:2114.1 (Effective August 1, 2015)) “THE WAND CHOOSES THE WIZARD, MR. POTTER. IT IS NOT ALWAYS CLEAR WHY.” ~J. K. Rowling, Harry Potter and the Sorcerer’s Stone Law School of Wizardry In the first year of law school, students are
A BUNDLE OF MAGIC STICKS (Beneficiary Controlled Trusts Now Authorized in Louisiana) Read More »
MISSISSIPPI BECOMES DOMESTIC ASSET PROTECTION TRUST JURISDICTION (And Beats Louisiana In The Trust Business Game) “MOST PEOPLE WANT SECURITY IN THIS WORLD, NOT LIBERTY.” H.L. Mencken OLD RIVALS Mississippi and Louisiana are close competitors on many fronts, such as football, education and diabetes. However, Mississippi has surged ahead of Louisiana with the recent enactment of the
(Duckett v. Enomoto, D. Ariz. 2016) “BE SURE WHEN YOU STEP, STEP WITH GREAT CARE AND GREAT TACT. AND REMEMBER THAT LIFE’S A GREAT BALANCING ACT.” ~Dr. Seuss Dr. Dennis Enomoto was a gifted and dedicated physician, but a terrible business person. After failing to meet his tax obligations in 2007 through 2011, the IRS
EVERY WORD COUNTS (IRS Busts Discretionary Support Trust for Child) Read More »
THE CASE FOR THE TRUST PROTECTOR “TRY TO BE LIKE A TURTLE — AT EASE IN YOUR OWN SHELL” Bill Copeland THE BLACK AND WHITE TELEVISION GENERATION Ozzie Nelson was an actor and a band leader. Harriet Nelson was a stay at home mom who mostly wore aprons and never left the kitchen. Ozzie and
THE CASE FOR THE TRUST PROTECTOR Read More »
