Look Inside Your Practice for the Answers, Not Outside

Download Printable Article By: David Giuliano, Business Coach Whether you’re a new solo practitioner or have many years running a practice under your belt, often the biggest problems you face in the workplace reflect some confusion or lack of clarity you carry inside of yourself. You may have some clear goals:  Make more money.  Find ways to grow the practice.  Work less (or more!).  Have more satisfaction and peace of mind.  The problem is, you’re having trouble achieving them, but don’t know why.  You know something’s wrong:  wrong staff, wrong marketing, wrong economy, etc.  But the real reason may not…

Eliminate Most of Your Interruptions with One Simple Technique (the U & I Rule)!

Download Printable Article By Philip J. Kavesh, J.D., LL.M. (Taxation), CFP®, ChFC, California State Bar Certified Specialist in Estate Planning, Trust & Probate Law If there’s one thing that I have learned to master over the years, it’s to control the number of interruptions when I am in the office – – not just others interrupting me, but my interruptions of others. The main reason why interruptions happen is because there are no rules or protocols for how people will interact. The result is not only a loss of productivity, but the loss of money.  If you just look up…

Incomplete Gift, Non Grantor Trusts (aka DINGs, NINGs): Not Just for State Income Tax Avoidance

Download Printable Article By Edwin P. Morrow III, J.D., LL.M. (Tax), CFP®, RFC® There is increasingly becoming an important tool in their trust planning arsenal for high income taxpayers– the incomplete gift, non-grantor trust (“ING”).  These trusts are often colloquially known as “DINGs” or “NINGs”, short for Delaware or Nevada Incomplete Gift Non Grantor Trusts, even though other states with similar strong DAPT laws, such as Alaska, South Dakota, Wyoming or Ohio, may also be used.  Let’s explain the ING, why it’s used, what state limitations exist and how it can be used beyond state income tax avoidance. What is…

The #1 Step Towards a Happier, Healthier YOU!

Download Printable Article By Kristina Schneider, Executive Assistant The office is busy.  Life is busy.  Things get crazy and hectic.  Some days and weeks are worse than others.  You have probably felt at one point or another that there was far too much to do and not enough time to do it.  This can create a great deal of stress and anxiety on anyone, regardless of whether you’re an estate planning professional (such as an estate planning attorney, CPA, financial advisor, life insurance or trust officer) or you’re a part of the ever-important team of support staff. Despite this, it…

Hybrid DAPTs, Regular DAPTs and the Uniform Voidable Transactions Act

Download Printable Article By Steven J. Oshins Esq., AEP (Distinguished) A small minority of states have adopted the new Uniform Voidable Transactions Act (“UVTA”).  This Act is actually not a new Act.  It is supposedly merely a renamed version of the Uniform Fraudulent Transfer Act, but with certain changes. These changes include substantial Comments (i.e., comments made as a part of the UVTA by the Drafting Committee) that have generated controversy in large part because of their conclusive nature on certain open issues.  This article will focus on those Comments that are specifically directed at Domestic Asset Protection Trusts (“DAPTs”)….