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Archive for July, 2009

July 26th, 2009 - 9:21 am § in Retirement

Being “Suddenly Senior”

Frank Kaiser and his wife, finding they were now “redundant” in retirement decided to do something meaningful.  Finding that good information on all aspects of retirement was scarce, they created “Suddenly Senior” to help others and themselves.  It gave a bit more meanin[...]

July 7th, 2009 - 12:33 pm § in Estates, Wills & Trusts

Estate Planning Minimum Standards

Opinions vary on the “Standard of Care” for an estate plan.  To a great degree, it depends upon the size and nature of assets, family circumstances, and a really good crystal ball in which to see the future. [...]

July 6th, 2009 - 9:31 pm § in Legal Myths

A Short, Simple Contract – Myth #5

The myth here is that attorneys want to overly complicate  agreements, “in order to charge more.”  Maybe there is a small bit of truth in a few instances sometime, somewhere – -  but it just isn’t generally true.  If you say the same thing twice for clarity, it may not be[...]

July 4th, 2009 - 4:10 pm § in Legal Myths

Co-Sign for the Kids Car – Myth #4

Your oldest has graduated from high school, and is headed to college soon.  So is your wallet.  You have made your list: tuition, books, computer, clothes, food, dorm, Greek, automobile.  Wait a minute[...]

July 4th, 2009 - 2:47 pm § in Real Estate

Mortgage Foreclosures, Short Sales and 1099s

Short sales, mortgage modifications, and foreclosures all carry with them a definite possibility that the borrower will incur both unexpected tax consequences as well as other ill effects.  To understand the overall impact requires a balancing of a number of different aspects of law.[...]

July 2nd, 2009 - 10:34 am § in Legal Myths

Quit Claims Are Just as Good! – Myth #3

Quit Claim Deeds Are Just as Good Consider - - - why would you even have a Warranty Deed if a Quit Claim Deed is just as good? There must be a reason. [...]

July 1st, 2009 - 9:10 pm § in Business

Management Principles

  The following concepts are from Fayol’s General Principles of Management (1916). They could have been written yesterday, and are timeless wisdom.   1. Divisions of work: tasks should be divided up and employees should specialize in a limited set of tasks so that expertise is developed and [...]

July 1st, 2009 - 8:59 pm § in Business

Positive Business Image

Ignore the business attire to the left – we just wanted attention! YOU ARE THE LEADER If you call a meeting, whether it’s with employees, a client or a vendor, be prepared to lead it.  You called it; you must know why.  Don’t depend on others – instead, prepare. An agenda o[...]