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“What do you do? Stand around? I hope I’m not paying you to loaf,” says the grantor, Mr. Gotbucks, to his standby trustee.
“Gentlemen, please be calm and try this Merlot,” says Daniel Smith, Cannon Executive Vice President and Personal Trust Curriculum Chair.
You post photographs of your children, relatives, and friends from your recent family vacation at Sea Island, GA on one of your social media sites. These pics are great. Digital cameras make every shutterbug a pro. Someone could use these photos in an advertisement they’re so awesome! Unfortunately, someone might do just that since these photographs now belong to the site you have posted them to.
Your identity is stolen. A difficult situation—especially if you’re wealthy American expatriate, Dickie Greenleaf, a young man living the high life in 1950s Rome who is murdered by Matt Damon in The Talented Mr. Ripley. After dispatching said Mr. Greenleaf in a particularly unpleasant way, Mr. Ripley steals his identity. This being the 1950s he can’t assume Greenleaf’s identity since there is no internet. He must physically assume his identity.
Obviously, the requirements to be a dog walker are simple. All you need is the ability to walk and an affinity for dogs, right? Actually, you probably need a business license and since you are going in and out of people’s homes, you will probably want to be bonded. Most brand name dog walking businesses are.
You don’t need to be an attorney to bring up the subject of personal trusts with clients. No one from a bar association is going to rush in and tap you on the head with a judge’s mallet as long as you’re not giving legal advice. As an FA, you want to learn enough about trusts so you feel comfortable raising this issue with clients. So, I’ve written this article to give you a sample of a few fundamentals which might be useful.