George In The News. . .
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Entries by George Fox
Turkey! A Thanksgiving Questionnaire for You.
No, not the bird in the oven, soon to be on the table. You, turkey. Or really, your parent or your adult child is the turkey if they won’t fill out this questionnaire. But there’s more fowl play: not pushing them to share this information makes you an ostrich, head in the sand, ignoring the […]
31 Reasons Why Your LLC Needs an Operating Agreement
How about 31 reasons to maximize the liability shield of your Limited Liability Company? They apply to every business, professional practice, and investment entity which holds stocks, real estate and anything else in the name of an LLC. First, though, here’s why you want to consider these 31 reasons.
Insurance, the Flying Toilet, and the Leaky Body.
Insurance companies get bum raps, and lots of people figure “If I file suit, they’ll come up with some money to just settle things.” But this doesn’t always happen, and an insurer isn’t going to roll over and play dead. Sometimes, they’ll even have grounds to claim “Uh uh” and deny that the insured wasn’t […]
The $2 Million Comma and the Four-Letter Word
“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.” Mark Twain Choice 1: The POA Board acted on the requests from the neighbor, an ostrich breeder and other people. Choice 2: The POA Board acted on the requests from the neighbor, an ostrich […]
Five Little-Known Things To Do with Your IRA
Here are five little-known things you can do with your IRA that most people don’t know about . . . including a way to reach into it before age 59½ without the 10% penalty. Why consider any of these? Well, in the words of Ecclesiastes 9:11, “Time and unpredictable events overtake all.” Consequently, waiting on […]
Parents Liable for Internet Bullying
The 13-year-old thought he’d have some fun: anonymous “cyber bullying” of a classmate on Facebook. Eventually, his parents learned of their son’s action. But they ignored it for months. And now they face civil liability for not dealing with what their son had maliciously created on the Internet.
The Black Hole Revocable Trust
Surprise! Have a Revocable Trust (a/k/a “Living Trust’)? Gotten any statements addressed to it? No? Well, the Trust isn’t going to do what you think it will do. It’s like buying a car with no gas in the tank. You’re not going anywhere. And we see this all too often. (This is no knock on […]
Happy Thanksgiving Questionnaire
If you’ll see your parents (or your adult children) on Thanksgiving, you might want to leave ‘em a copy under their plate. Dear ______________ (you fill in the blank), As we celebrate Thanksgiving, we want to let you know that we are thankful in advance that you’ll read this letter. (We know you won’t want […]
Mean Wills Don’t Ever Mean Well
Shakespeare — yes, that Shakespeare, the celebrated playwright and poet – wrote one mean document. His Will did not refer to his wife by name. And all he bequeathed her was his “second-best bed.” That’s what he thought of his wife. Theirs wasn’t a great marriage. So what kind of message was he sending in […]