About a third of the way through Part III of my Series on Asset Protection Planning, I decided I needed a break for some exercise. It was the weekend. I decided on a bike ride. As a result, I’m taking a short diversion from my Asset Protection series and writing this little article on the merits of Disability Insurance (fortunately I’m ok, but I did hit a bump in the road). So forgive my departure from the program, but I think you’ll agree this fits in with the ongoing Asset Protection discussion.
Grocery store wines. I’ve used the term to describe the kinds of inexpensive wines us moderate-income people drink, as opposed to the high-end stuff. Jug and boxed wines and bottled varietals up to $8 or $10, mostly.
A couple of months ago, I postulated the theory that our difficulties in hiring the right people may emanate in part from the failure to recognize and adapt to the vagaries of supply and demand. Well here’s another theory to ponder and by the way I hesitate to call it a fact only because as I heard Charlton Heston comment one day that “I might want to reserve for myself the right to be wrong.”
Building and maintaining a quality workforce is one of the most daunting challenges that most businesses face. The folly of "doing my own hiring" is one of the biggest mistakes most businesses make. Not far behind is picking the wrong vendor to help you hire your workforce.
Can you believe it’s August? Back to school shopping is in full gear. I remember back to school when I was a child. It was a bit different in those days. Summer vacation started the first of June and school didn’t start back until the first of Sept. It’s hard for me to get used to school starting in the beginning of August or in some cases July!
I’ve been thinking about the benefits of aging this week: I discovered I’m eligible for a lifetime pass to the national park system for just ten bucks. That’s a great deal, and well worth waiting 62 years for.
Last month’s article was the first in a series about Asset Protection Planning. We explored some history of this area of the law, some basic ideas and concepts of wealth preservation planning, and took a closer look at the legal entities commonly used to mitigate risks of property loss to owners.
Nothing quite shows the order of the state’s priorities as the fact that California spends $46,700 a year to incarcerate an inmate, but only $9,706 a year to educate a K-12 student.
I suspect that when your computer has a problem, you are the first to know. If the network has a problem, everyone on the company stops working, and various people from your staff begin calling or poking their heads into your office to report the issue. You may have someone else fix it, but you are the first to realize that something is wrong. Interestingly, this doesn’t have to be the case. It is now possible for the computer guy to know that there is a problem before you do.
In 2009, the IRS rolled out its Offshore Voluntary Disclosure Program to try and get taxpayers to disclosure and properly report their offshore bank accounts and assets. In exchange for agreeing not to pursue criminal prosecution against taxpayers that came forward under the program, taxpayers had to pay their outstanding tax, interest and penalties on the undisclosed income. The program was deemed a success where approximately 15,000 taxpayers came forward disclosing assets in 60 different countries.