What Prince’s Death Can Teach Us About Estate Planning
What Prince’s Death Can Teach Us About Estate Planning Well, here we are again, yet another big name, big estate celebrity has passed away without a will. You can see our previous posts about Whitney Houston’s estate plan and Anna Nicole Smith’s lack thereof. But, today, lets talk about Prince. What can Prince’s death teach us about estate planning? As millions of people around the globe mourned the loss of this rock star icon, many others, his family especially, had something else to mourn- the financial battles that are sure to come. Prince was known for being very...
Read MoreLeadership Series: Presenting
Leadership Series: Presenting You know how it feels. You walk up to the microphone, your knees are a bit shaky, your stomach feels unsettled, and you’re having trouble catching your breath. Presenting can be stressful and intimidating but it is also a huge opportunity to move the masses and incite change. With the help of LifeHack columnist, Scott Young, today we’ll cover nine presenting tips that will help you prepare for your presentation, reduce nerves and speak and communicate effectively. Preparing your presentation Put Yourself in the Audience – When writing a...
Read MoreWhat Is a Conservatorship?
What Is a Conservatorship? On air discussion on 4/5/16 on www.KPRZ.com with Marty Schneider – The Retirement Professor Q: How can my wife take care of things if I became disabled? Aren’t there some things I need to agree to or to sign no matter what? A: Most property owned by married couples in California is in joint title. Most loans are joint loans with both husband and wife on the loan. Most property is considered community property. Joint title is great, BUT if one of you becomes disabled (legally unable to make decisions), it is almost impossible for the other to do...
Read MoreLeadership Series: Vision
Leadership Series: Vision Just a few weeks after birth, a newborn baby can only see between 8 and 15 inches from his/her face; and, not until about 8 months can he/she recognize a person across the room. Would you let someone with that type of vision drive a car? — No way. Reaction time is limited to almost nothing and it would be completely dangerous. Likewise, visionary leadership is essential for the success–and safety–of any company. Business Dictionary defines vision well: “An aspirational description of what an organization would like to achieve or...
Read MoreLeadership Series: What is Leadership?
Leadership Series: What is Leadership? So, what is leadership? Well, that seems like an easy question but in truth, it’s hard to come to a clear cut answer. Some might say it means taking charge, others might say its organizing groups and still others might say it has nothing to do with authority at all. So let’s start with what some “well-knowns” consider to be leadership: “Leadership is the ability to get extraordinary achievement from ordinary people.” – Brian Tracy “If your actions inspire others to dream more, learn more, do more and...
Read MoreDeath Tax: Is it fair to tax people at death?
Death Tax: Is it fair to tax people at death? On Tuesday’s Word On Wealth radio show, www.KPRZ.com, I answered the following questions: Why do I need a Will or a Trust? A man ready to retire owns a modest home but has no estate plan – no trust – no Will – nothing. He figures it is not a big deal because he will just let his children have the house. Assuming he dies first, his children would most likely end up with the house as joint owners. They would be partners in owning the house whether or not the chose to be. The children would take title to the house after it...
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