Quote for the Day

“Think about the [gun] trust as a means to keep the client safe and legal, and to provide all of the guidance to their beneficiaries so they stay safe and legal.”

Matthew Bergstrom, attorney

Quote for the Day

“Creative solutions to common problems will be found. The potential is limitless, needing only–as has always been the case in the West–the people to match the challenges: ‘a society to match the scenery,’ as Wallace Stegner expressed it.”

Teno Roncalio, Special Master of the Bighorn Adjudication of water rights, quoted in Wyoming’s Big Horn General Stream Adjudication, Wyoming Law Review (Vol. 15, No. 5, 2015).

Quote for the Day

“If you get up early, work late, and pay your taxes, you will get ahead–if you strike oil.”

J. Paul Getty

Quote for the Day

“Money-giving is a very good criterion, in a way, of a person’s mental health. Generous people are rarely mentally ill people.”

Dr. Karl Menniger, Forbes magazine.

Quote for the Day

Plans to continue the [farming] firm may be frustrated by the lack of a competent management team. This situation may be avoided by taking steps, such as the following, to prepare for the future:

  • Stressing the idea of a team approach to making decisions.
  • Focusing on developing management skills.
  • Emphasizing cross-training.
  • Developing a system of routine communications.
  • Implementing routine, nonthreatening evaluations.
  • Agreeing to share in the general work load of running a farm or ranch.

In one instance, a highly promising plan for the three sons and a son-in-law of a generous father, who was able to pass 160 acres of land to each one debt-free, fell apart in less than a year because none of the four anticipated having to do the laborious work in producing crops, feeding and caring for livestock, and doing the marketing and record keeping involved in a sizeable operation.

Neil E. Harl, attorney, “Farm and RanchEstate (and Business) Planning—Part 1,” Farms and Ranches, (March 2015)

Quote for the Day

 I have shewed you all things, how that so labouring ye ought to support the weak, and to remember the words of the Lord Jesus, how he said, It is more blessed to give than to receive. Acts 20:35

Quote for the Day

“Decanting is the act of distributing the assets of an old trust to a new one with more desirable terms. It provides an easy method for correcting errors or ambiguities, adapting a trust to changes in a settlor’s objectives or changes in a beneficiary’s circumstances, taking advantage of new planning opportunities or adding flexibility to a trust.”

Peter J. Melcher, Robert S. Keebler & Steven J. Oshins, “A Guide to Trust Decanting,” Estate Planing & Taxation, (2015)

Quote for the Day

Regarding the benefits of so-called gun or NFA trusts:

In gun trust planning, it’s in some ways less important to know who owns an NFA firearm and more important to consider who has the right of possession. Access equals possession. A spouse or other family member with access to an NFA firearm registered solely to one family member could be considered in technical violation of the law.

 C. Dennis Brislawn, attorney

 

 

Quote for the Day

“It’s easy to come up with new ideas; the hard part is letting go of what worked for you two years ago, but will soon be out of date.”  

Roger von Oech

Quote for the Day

Although the phrase implies that the carrying of the weapon is for the purpose of “offensive or defensive action,” it in no way connotes participation in a structured military organization.

From our review of founding-era sources, we conclude that this natural meaning was also the meaning that “bear arms” had in the 18th century. In numerous instances, “bear arms” was unambiguously used to refer to the carrying of weapons outside of an organized militia. The most prominent examples are those most relevant to the Second Amendment: Nine state constitutional provisions written in the 18th century or the first two decades of the 19th, which enshrined a right of citizens to “bear arms in defense of themselves and the state” or “bear arms in defense of himself and the state.” It is clear from those formulations that “bear arms” did not refer only to carrying a weapon in an organized military unit. Justice James Wilson interpreted the Pennsylvania Constitution’s arms-bearing right, for example, as a recognition of the natural right of defense “of one’s person or house”—what he called the law of “self preservation.”

Justice Antonin Scalia, District of Columbia v. Heller. 2008.

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