Drafting Around Shutdowns (and Other Govt Failures)

My reading since 2007 supports my growing conviction that anyone making deals that involve payments from a government entity or future payments in fiat currency (not backed by a hard asset but by “faith and credit” in a financial system) from any private actor should be making provision for two things. Private actors all need to take into account the instability of our financial system, the size of the private and public debt load, the long-term forces increasing the size of government obligations and constricting its revenue streams, and the concomitant pressure on the powers that be to manipulate the value of the US dollar to their benefit. Read More...

Expedite end-of-life planning (for free)

A little sweat equity in your own planning process can save you money, give you a more thorough understanding of your own financial situation and your goals as you enter the last phases of life, and bless those you leave behind. Except for numbers 4 and 5, these steps require only your own time and effort. All the steps will yield a high return on investment, especially for your loved ones, devisees, your personal representative, and your attorney in fact and health care agent. Read More...