36 Burst results for "Trustee"
Fresh update on "trustee" discussed on Bloomberg Business of Sports
"Blazer I'm a trustee of the Jewish communal fund and share of the special gifts committee Back in March when the world came to a grinding halt with the coronavirus crisis I turned to the Jewish communal fund to make grants to charities that were important to me Our community of fundholders responded generously and so did JCF through our special gifts fund which functions like an endowment JCF made a grant of a $1 million to UJ federation of New York.
"trustee" Discussed on The Truth About Wealth
"We're most active. You can reach out to us there. You can also reach us on our website. That's www dot c. f. g. llc dot com and our phone numbers area code five six nine eight eight three zero zero fantastic guys. Thank you so much for your time. Today it's always a pleasure always learn a lot and you answered all my questions so that was fantastic. I like that great. We always try to do a great job. Great and of course our last thank. You always go see listening audience. Thank you so much for tuning. In and listening to the truth about wealth podcasts. With john michael burris. If you have not subscribe to the podcast yet please. Click the subscribe now button below this woman. John michael come out with a new castle shipped directly on. You're listening device. Makes it much easier to share these podcasts. With your friends and family again. Thanks so much for listening today for everyone at copper beech financial group zirk. Johnson reminding you.
"trustee" Discussed on The Truth About Wealth
"They have limited access and they can't touch anything in the trust. They have to go through the day but they can. They could be involved in how to invest the money they give me involved in how you implement of charitable strategy. Whatever it is they could be involved and that's good from a couple of perspectives. One it allows the trustee to michael's point and the kids to get to know each other. The second teaches your children had had understand. Wealth had manage it had invested. Had kind of run through the generations for the benefit of their kids. So so co trustee rolls we get that asked all the time can kids step into co-trustees and the answer is absolutely no what age is usually appropriate. That we see. It's not wrong. Or right is when they hit the near thirty s. You can make them. Coach steve's along the way now they're partner with that trustee to help manage that trust You know for for their for their own benefit again for asset protection purposes. they can't go and grab assets. Rasa protects is a very big theme and design the trustee still controls access to all the power and you could drafted where they have one hundred percent on but that might not be the best for those reasons for manasseh protection sample. You might not want to do that. But there's the you certainly can. If like but i think the coach will st rolls a great feature that. We're seeing a lot of families actually more recently Taking take a liking to that. Because they want to make sure that their children and future descendants are involved in these decisions as as time goes on. Because you know when you look at the relationship of of trust versus giving assets outright two children again if you don't do that. Communication and explain to the next generation y you're maybe putting assets and trust. They have this distance from the family wealth than they feel like. They're not really in a in a controlling position and he term ownership but that's they don't own the assets because it is owned and the trust but because they can.
"trustee" Discussed on The Truth About Wealth
"Never got around to talking to that particular family members. Say i want you to be much steers. Here's white support days attorney. See my my brother. Michael is going to be the trust. And he doesn't even know about so shipped to really be smart about this. But here's the the people making. I'll get back to the generational piece for a second. We often get pushback from families saying well. I'm not rich enough to have trust. You don't wanna go through all the complexity steps. Well if you live by the rule of seventy two and you've heard that before he have to and we go through our audits would families we actually show them a forty fifty year growth pattern on their assets. See might not be worth a lot today hearing your forties and you live a normal life expectancy and you're supposed to die at age eighty five if you look at the age of eighty five. What's your net worth. That's when the documents going to be kicked in gear so it's not today could be today. You could die prematurely. That the odds of that happening or very very low compared. You're living in normal healthy life..
"trustee" Discussed on The Truth About Wealth
"Because you're right that trust issue's important and the find someone you can trust. They can develop the relationship with the kids which is really what our role is. If you think about it with our families and our family office model we just can't take that role so we've become that coach as you as you're bringing up now one of the things. We often talk to them about is. If you're not comfortable with the trustee having to make all those decisions you can create co trustee with an institution like a bank more trust company and they become the administrator there become the one who manages the the role the trust. That's from the from a financial standpoint and that other trustee could be more of a family member working with the kids and and getting you know getting them comfortable. What's going on. So if you're not comfortable with the savviness of that trustee corporate trustee and they will charge probably depending on what state. I'm gonna say average three to four percent on on the size of the estate so if it's a million dollars do the math. That's what they charge annual basis. Because you have to file tax returns. I mean it's a lot of work. It's administrative ya the other thing if you are so that was one one topic. We were going to cover. Is you know who can be the trustees so you you brought up that third party institution and that's a can be a good option. I tend to see families not start there. at least that's from our experience. They tend to prefer a family trustee or family member unless they want to go. That co trustee row that you mentioned that and then maybe they say okay. I want to pair up a family member with that With that corporate trustee but one thing to consider if you are going to go down that route is make sure that you have conversations with your corporate trustee arounds. The asset makeup of the trust. We've seen Some trustees particularly banks that depending on the asset makeup of the trust just might not want to take on that responsibility just because it's might be too burdensome for them so you really have to look at what assets might be going in that trust and then and have that conversation with that corporate. Trust easy i to be surprised by that because that could that could pose another hurdle that you know. It's hard enough to pick. One trustees have that hurdle might be hard to overcome. Get you mentioned age a little while ago. Eric and you're right. The age is important because in my cases an example my wife the current trustee over my trust. But she's getting older and most certainly when she's no longer here and i'll go before her on shore that michael now steps in and he's thirty eight and my girls are in early thirties. So they have a lifetime in front of them to work together as a family to guide the assets. Now if you don't have a child it's going to act as that trustee and uncle brother another. Maybe a sibling along the way that that that be a little different because they have to now take that role and their families are involved at this point. Because they're doing something you know as a sidebar to running their family so it's it's a it's an interesting challenge for families to find that person and especially if you're affluent and you want to pass assets generational figure that hundred-year family that mike talk about trustee. One hundred years from there who's that going to be So let me say okay..
"trustee" Discussed on The Truth About Wealth
"Well that's a big responsibility. What if they decide that they don't want to do that anymore. How do i deal with that. Trustee while the trustee can resign and appoint another trustee if if the powers and the trust calls for that so we make sure that happens so if you understand what we try to do with. These trusts not only to protect the beneficiaries but also helped the trustee with the flexibility to be to opt out if they choose not to. That's why we are families that come up with two. Maybe three trustees for that's a party if we have great conversations with that and they go you ought to come up with two or three. In the answer's yes because you want a successor trustee. In case that. I trusted you picked says you know what i'm not interested anymore. My life changed. I'm not healthy or whatever it might be that they just said. I don't want to do this anymore. So there's already sullen in line that you want to be in line. Versus trustees saying i'm going to pick oklahoma. I think he's a smart guy. Yeah i got the power to local. Harry never ends the trust so we we asked families come up with not only one but two and three as a tiebreaker. Just in case you have co-trustees roles so so. This is not an easy topic. And that's why we're bringing up today. It's a topic. You should spend a lot of time with your spouse with to discuss who that important person could be in the trust. And if there's two or three that you might want to lay out there as well and make sure you work with your advisers very closely on this because they're going to be designing the documents and they need to understand these parties involved now if you go back to one of our podcast about legacy letters if you recall that's also now an added value that we incorporate in our discussions because if you have that legacy letter that gives more protection from communication from mom and dad are deceased to that trustee to say. He's watching as for the children. Here's our values. Here's what we're trying to accomplish. Here's our vision for our family so it helps that trustee manage better so you can see..
"trustee" Discussed on The Truth About Wealth
"Sometimes it's arduous at best so but but it is a challenge but That we try to always pick the right one but but you really can't manage it from the grave. You gotta make make the best shot possible. Well let me let me ask you a question. Because i wanna go back something. Michael said about the relationship right and there needs to be a relationship there because like you said Michael the trustee kinda needs to be a mentor. So i wanna ask a question about ages right. So let's talk about the different ages so if you have kids that are under eighteen and then then children that are above eighteen I guess the first part of the question is maybe a little bit complicated. But i know you're gonna be able to handle it. Can a trustee also be a guardian okay for for younger children and is that a possibility. Is that a good idea. Is that a bad idea number. Two if the kids if the children are adults than does the trustee is it better to have a family members. It better to have somebody outside. The family does a really good questions so the answer. Your first question is yes. They can't be the same person. So the i if if anyone is designing their state plan out. There are thinking about doing that. the and you have minor children the most important thing that aside from any financial capital that you might be dealing with the most important thing to deal with is if something happens to you and your spouse or you know if you're if you're just a single parent and if something happen to you what or who would you want to raise your children as a guardian that that's a really really important role to pick. That's that should be laid out in your will because if you do not then the courts as you mentioned that is another area where the courts would come in to appoint a guardian and that might not be somebody that you would want. So the guardian is really important. Now that the guardian can be the same person as the trustee. now there may be. There might be good reasons to do that and there might not be good reasons to do that. I think from our experience. We tend to see more families what we're dealing with. An estate plan with that involves minor children that the parents decide to separate those two roles so they would have one person be the guardian and that would be the person responsible for raising children until they reach eighteen and then they nominate somebody else a separate person to be the trustees. They like to separate those two roles. That's typically what we see but there's no. There's no rule. That says that you have to do that. If you a little deeper than at the reason why he was split both roles you might want to point to trust the that has more ability to understand finance that can run a portfolio or make investment decisions on on on behalf of the beneficiaries whereas the guardian is that heart for mom and dad that that warm person that the kids can share values with that person and that person has devalued the share back to the children and raise the children accordingly or at least as close to where mom was then. That's a hard person to pick. But that's why we we separate them like like to separate them and not put the pressure on one having both roles because that could be that could be a challenge. Yeah it's important then. More gets more negatively. A lot of families are concerned about their not being checks and balances when you have one person taking over both of those roles so there's really nobody that's that's controlling where that money goes because the guardian is obviously sitting on both sides of that of that relationship and with the child being a minor they they may not be in the best position to be able to combat that. So that's another. You hope that that doesn't happen..
"trustee" Discussed on The Truth About Wealth
"Gentlemen what's going on today. Eric do good getting ready to go on vacation for a couple of weeks. Oh nice all right. Daughter's getting married on the beaches and turkey. Keiko's so i'm looking forward to doing the destination with heresy zero excited. But she's all she's all stressed predator all stressed they just chill guys. Just don't have to go through the upsets her dress. Do fixed as you get back to shoes. Or whether she she's cute so we're looking forward to give me greater. Yeah yeah. I i remember the mantas. This is what is the big deal the the whole thing i'm like i don't show eric. Dodie nasdaq right. So knows balance center. I was twenty miles asking those questions. And i was a moron so you do nothing. You're absolutely are talking about the size weddings. What are we talking about today. Well today we're going to talk about a topic. That comes up a lot but it has come up more recently and It's one of the more difficult challenges that families we work with have when there are designing their estate plan and that is how to pick the right trustee. So that's what we're going to cover today. Okay so now can you. Can you go ahead and define what a trustee is in charge of. Maybe we start there so that we can figure out why. It's so difficult to pick one sure. Well well the trustee is related simplest form as a person that has legal title or owns legal title to property. but they're a they're a fiduciary to use that property for somebody else and so when we look at an estate plan the trustee is really the person that's in charge of everything so if you form a trust you have to nominate a trustee now depending on the trust that could be yourself could be a family member or a third party will get into a little bit of of those decisions but the trustee is really the manager there..
Biden on Pace to Bring 10 Million Illegal Aliens With Open Borders
"Now I want you to think about this. If Joe Biden for four years is able to keep those borders open, we're gonna have 10 million illegal aliens and four years on top of another, probably 2025 million illegal aliens. At the same time, while we're massively expanding the welfare state. Free community college, which will lead to free college. Trust me. 12 weeks of family leave. 12 weeks. Massive expansion of Medicare both the numbers of people And the benefits which is going broke in 2 to 4 years, according to the trustees, not me. What do I know? According to them Where is that going to come from? Medicaid is on its last leg. Social Security is when its last leg and we're like right now, Fox News has shown A drone. With 10,000 Haitians who have come into the country illegally under the international bridge. On the border with Texas. And there under the bridge because they have nowhere to go there in the United States. Luckily, there are Cubans. Are they thrown to the sharks in the ocean? Right, Mr Busy? If they come from Haiti. Which is half of an island. Arms wide open if you come from Cuba. You go back. Anyway, that just shows you the They disgusting cynicism of this whole thing.
"trustee" Discussed on WNYC 93.9 FM
"Trustees. You just need to queue on CBC Radio one across Canada and across North America on Sirius, XM 1 69 and from P R X. My name is Tom Power. Welcome back to the show when you're growing up, and there's something about you that feels different. It can feel really comforting to find others like you on your TV screen for Brett Hannam that came in the form of movies that focused on LGBT Q. Plus characters and now threats. A filmmaker and their new film, Wild Hood is a coming of age story about a young man. Named Link who's discovering his culture and his sexual identity at the same time, But something that makes wild Hood special is that it focuses on two spirit folks, which still isn't something to spirit. Young people come across too often when looking for films that speak to them. Brett Hannam is the writer and director of the film Wild Hood just premiered at this year's Toronto International Film Festival is set to open the Thin Atlantic International Film Festival. And Brett joined me to talk about the film. Brad, How are you doing? Well, Um, I know the story has been on your mind. For the last decade or so. I find it really interesting time to talk to you right now because it's finally coming out and not just coming out, but coming out of one of the world's most prestigious Film festivals. Has that hit you yet? Um, no. I think it'll take uh, a couple more weeks before it really sinks in and probably happen when I'm just having tea in the morning, one day and In a large come rushing rushing for me. Well, it's it's a beautiful film, and I'm glad people are getting the chance to see it. Wild hotels, the story of a young man named Link, who lives in a trailer park with his wife, father and his younger brother. He grows up thinking that his mother is dead, and one night he comes across something that suggests His mom is still alive. And then this happens. Take a listen. She said she was dead. She's dead. I said she was dead. She's dead. She's dead to me. She's dead too. You understand? You're dead. Today. She left this house. All right, tell me a little bit about what we just heard. And and what happens after this? What's happened is the link the main character, one of the main characters has found something has found, uh, a letter pile letters and cards that his mother has been sending. But his father has been hiding, so she's clearly not dead. She's not writing letters from the grave. It's not a supernatural drama this time. Um, so with this kind of new evidence and handed that she's alive, he confronts his dad who he hasn't really stood up to before. So this is kind of the first moment. He's really, you know, confronting and standing up and not budging. And so there's you know, and irresistible force meets an immovable object. They're kind of at an impasse, um, butting heads. Uh, what has happened? Um why has he been lied to and I don't want to give away too much of the film. But tell me then about who he meets shortly afterwards, Just after that, After kind of like walking on foot through the night and into the next morning, they meet a young make now, uh, fancy dancer Buzz of my who is traveling around to the Powells and trying to you know, Colonel, earn a little bit of money, Uh, competitions and so they kind of meat. This guy. And they're not really sure what to make of them at first, But he offers to give them a ride. And he seems kind of okay, So they hop in the truck with him. And after that things kind of take on a new form. And this this little family relationship against the form. We'll leave it there and what we'll say if you want to know more. You got to watch it, but Yeah. Tell me a little bit about where this story came from. From you, Um, actually working on this 10 years ago or so, um, and I've continued to work on it for a decade that since that's a very long time. Just kind of Thinking about it. Now, Um it's kind of taken on many different forms in many different shapes and has been informed by um some of my own life experiences and experiences from friends or family or community. So that's kind of where it started. And initially, I'd say the first draft. It was extremely personal. Maybe too personal. Uh, you know, it's hard to write things from your own life. Um, and because of being so close to it, it's It's a little rock. Um and difficult to get perspective. So over the 10 years that I've been developing it On my own. And with my producer and producers, um and actors, it's taken on different shapes and different forms. Ultimately, this final products. The final version of the story is not what I imagined when I finished the script, but it never is. It's um it's much better than than I could have imagined. Um, which that's always a good feeling. I sort of mentioned this a little bit in the introduction. I wanted to talk about it A little bit is that Queer Cinema has been around for some time and often referred to as new Queer Cinema Back in the nineties. But you're telling a story here about two spirit folks, and there hasn't been a whole lot of films about two spirit people. I wonder if you could talk to me more about that and how it relates to you to your film? Uh, yeah. I mean, I'm I watch a lot of movies growing up, and none of them were gay. I think that first queer seemed film, um, that I saw that had anything and it was Uh, probably Billy Elliot, and I remember watching that at night, Uh, afraid that I would get caught watching it..
Who Was Ida B. Wells?
"In today's episode we will be covering the impassioned the influential the inspiring ida b wells ida. B wells was born ida bell wells on july sixteenth eighteen sixty two in holly springs mississippi. Ida was the eldest. Born to james and lizzie wells. Who had seven other children. All were born in slaved as they lived on a plantation in mississippi whom or members of the confederacy during the civil war in the previous episode. We talked a bit about president. Lincoln's revolutionary decision to issue the emancipation proclamation on january. First eighteen sixty three during the civil war ida in her family were officially freed from slavery as they resided in a confederate state before either was one year old immediately following. The war was the pivotal reconstruction period with a divided territories of the union in the confederacy. Determine how they would begin to come back together as a single nation. Ida's parents were dutiful in diligence supporters of african american rights in particular the right to an education. Ida's father james was directly involved in starting in serving on the board of trustees for school for freed african americans that school rushed. College is still a notable inactive university. Today falling under the umbrella of historically black colleges and universities ida would begin her educational career at this school attending in her early teens. Sadly heartbreaking circumstances would find ida early on in life in eighteen seventy eight while visiting her grandmother. I learned harling news. Ida's mother father in her youngest sibling. Just an infant had passed away from yellow fever. Her parents sudden-death turn ida from a teenager with no children into a parent of six suffering from the grief and loss of one's parents. It would be understandable for a child to shy away in resist taking on a role with such incredible responsibility but did ida shy away from her obligation torture family. Absolutely not
Judge Conditionally Approves Purdue Pharma Opioid Settlement
"Hi Mike Rossi reporting a judge conditionally approves the Purdue pharma opioid settlement a federal bankruptcy judge has given conditional approval to a potential ten billion dollar plan submitted by oxycontin maker Purdue pharma to settle lawsuits filed over its role in the opioid crisis under the settlement the Sackler family would give up ownership of Purdue pharma and contribute four point five billion dollars to the fund the Sacklers would also be freed from any future lawsuits over the opioid crisis U. S. bankruptcy judge Robert drain said he will formally approve the plan Thursday if to technical changes are made but nine states Washington DC Seattle and the U. S. bankruptcy trustee oppose the settlement the state of Washington plans to appeal hi Mike Rossio
Social Security Projected to Be Insolvent a Year Earlier Than Previously Forecast
"New projection show the severe economic downturn caused by the kobe nineteen pandemic last year hit the health of social security but not nearly as hard as many forecasters originally feared trustees of the social security trust fund said they expect reserves to be depleted by twenty thirty four only one year sooner than they estimated in their april twenty twenty report
Social Security and Medicare Funds Remain Under Pressure
"More problems for social security and Medicare funds social security and Medicare the government's two biggest benefit programs remain under intense financial pressure the two major issues the retirement of millions of baby boomers along with the devastating pandemic putting increased pressures on the two programs finances a report from the program's trustees has now moved up by one year the day for the depletion of social security's reserves it now projects they will be unable to pay full benefits starting in twenty thirty four instead of twenty thirty five Medicare is still expected to exhaust its reserves in twenty twenty six that's the same date is estimated last year surely a blur Washington
Fort Bend ISD Board Approves Mask Mandate for Students, Staff
"And staff will soon be required to wear masks. All fort bend. Isd schools the decision to mandate face coverings was settled in a four to three vote last night by the district's board of trustees the mandate will take effect once the administration puts in place protocols for the requirement dozens of fort ben. Isd parents protested both for and against mask last night at that school board meeting our savant herndon was there and says people were passionate on. Both sides of the issue for been is parent. Kelly post says she's not dismissing the six hundred sixty five active cases within the district. But she doesn't think it's fair to blame schools. The first day of school hundreds of cases where reporting we know that they didn't get it from school. So why are we counting these numbers. School postings mass mandate isn't needed cureton. who's in outer another parent disagrees. Because of how nervous her kid is in class. I'm frantic every day. And frankly he had a very mild stomach today. And i kept him home. Other parents are wondering how long mass mandate will be in place for and if it will actually work keeping cases
Why Racist Policies Not People Are the Problem
"Dr kennedy welcome to the podcast. Oh it's always great. John beyond so the last time you were here you were on with your co editor of four hundred souls community. History of african america sixteen nineteen to twenty nineteen. But i've asked you here so low today because your name was invoked in my interview with a former new orleans mayor mitch landrieu and i thought you know what is a good opportunity to to have dr kennedy on. Here's what mitch said. Dr abram mix kennedy has said something that i had not really thought much about he basically has posited the theory that we've always moved side-by-side good with evil and one overtakes the other from time to time and both are always present. And then mitch goes on to say. And i don't know whether i don't know that he's more right than wrong. But it sure feels like right. Now the forces of what. I would describe as white nationalism white supremacy this notion that somehow whiteness is essential to the future of america for some people who consider themselves to be. Patriots is a very dangerous idea. And this this idea of good and simultaneously basically coexisting in one overtaking. The other i would love for you to since he's attributing it to you talk more about that. Where does that come from. And how does it manifest itself good and evil. Well i mean. I have written about the sort of racial history of this country a history of of of racial progress in an even a history of racists progress. I don't i wouldn't necessarily call it the clash between good and evil because i think it's it's important trustee too complicated even further in that you know you you have people who express sort of or maybe a part of both off forces at different times or or you have people have good intentions but you know it. Has you know a difficult outcome in. And still i don't know if we can essentially call that good or
Fire crews battle Turkish wildfires at holiday destinations
"What flights continue to rage in the Turkish coastal resorts of entirely Muna as firefighters went to battle the blaze for a fifth day helicopters and fire trucks were assisted by police water cannons usually used to control riots to help fight fires in a village in the popular district of boardroom panic stricken tourists were evacuated from some hotels but germinated on debate since the fire broke down the hills to the sea shore president Recep Tayyip Erdogan told some of the affected areas some promise to help residents rebuild their homes the president suspected Kurdish militants have sabotaged promising an investigation it is our duty to find those burn off for instance had that holds out he said however experts mostly point to the climate crisis as seen by the trustee can creases in temperatures along with accidents caused by people I'm Karen Thomas
Nikole Hannah-Jones Declines UNC Tenure Position and Will Join Howard University
"On and off the University of North Carolina at Capitol Hill at Chapel Hill, the school boards the school's board of trustees voted to grant tenure two Pulitzer Prize winner Nicole Hannah Jones. She's the author behind the 16 19 Project for The New York Times. At first, the University board declined to hold a vote on the issue. Hannah Jones spoke exclusively to CBS this morning about how the decision has impacted her life. It was embarrassing to be the first person Should be denied tenure. It was embarrassing, and I didn't want this to become a public scandal. I didn't want to drag my university through the pages of newspapers because I was the first and the only black person in that position to be denied tenure. In the end, Hannah Jones has chosen to come here to D. C S. Howard University to teach instead, Dave Preston
University Trustees to Vote on Nikole Hannah-Jones Tenure
"It became a national controversy and now you NC Chapel Hill trustees could vote today on whether or not to approve tenure for Nicole Hannah Jones the journalist behind the new York times sixteen nineteen project on slavery and racism university leaders had said had a Jones's tenure application was halted because she did not come from a quote traditional academic background and a trustee wanted more time to consider her a prominent donor revealed he had emailed university leaders challenging her work as highly contentious and controversial which others have said as well the black journalists one a Pulitzer Prize for her work on the sixteen nineteen project and said she would not start work in July at UNC Chapel Hill with out tenure black faculty staff and students have said the university does not value them I'm Julie Walker
Warren Buffett Says He's Quitting Gates Foundation
"Warren Buffett is resigning as a trustee. From the Bill and Melinda Gates Foundation. Warren Buffett is not explaining why he's stepping down from the Gates Foundation board members began an investigation last year indicates prior romantic relationship with a female Microsoft employee. That was deemed
Warren Buffett Resigns from Gates Foundation
"Berkshire Hathaway chairman Warren Buffett has resigned as a trustee of the bill and Melinda gates foundation bill and Melinda gates revealed they were divorcing after twenty seven years of marriage but said they continue to jointly run their foundation one of the largest philanthropies in the world Warren Buffett is one of three members of the foundation's board with recent donations he's given more than thirty three billion dollars to the bill and Melinda gates foundation now he says he's resigning in a statement Buffett said he's been an active trustee and that he's resigning from the post just as he's done with all corporate boards other than Berkshire Hathaway Buffett is now ninety years old describing his job but that said I'm clearly playing any game that for me has moved past the fourth quarter and into overtime I'm Jennifer king
Pulling Back the Curtain on the Female Orgasm
"Briefly go over some issues women face when it comes to difficulty orgasm. We've discussed before psychological issues like low self esteem poor body image or something like anxiety or an eating disorder at can affect sexual performance ability to orgasm. There are medical issues. Like denia niceness and difficulty producing lubrication to name a few a at twenty t analysis identified some top factors in sexual dysfunction relationship problems stress mental health issues. Poor physical health. Genetic urinary issues. Such as pelvic pain a history of abortion a history of female genital mutilation sexual abuse being religious. Perhaps due to sexual shame and stigma so the nelson's found that things like communication positive body image exercise. Masturbation can help improve sexual dysfunction. Some people experience depression sadness shame irritability crying self-loathing etc after orgasm achieved consensual pleasurable sex things. Like post-coital trustees or coil destroyer. Some studies suggest over half of women have experienced post-coital foia or cd at least once in a recent survey found that it often is linked more to one realistic expectations than underlying medical condition. Yes And this is kind of related to the petite more or the little death which is used to describe the unconsciousness people. Some people experience after orgasmic. Likening it to death and something. I've just learned about an experience and foolishly did an experiment to test for research for this episode and it took me out a whole day are sex are orgasm but overall i am so these intense headaches that occurred during or after sexual arousal. They can be short-lived or lasts a few hours a couple of days about three days. They're pretty rare and men are more likely to experience them than women. If you are someone who suffers from migraines you're more likely to experience them as well. There are two types orgasmic headache. Which is intense throbbing pain during her after orgasm or sexual benign headaches. Which are these headaches. That build during sexual arousal the kinda guy come from the and then go up some experience both at once and they can be A one time thing or happening clusters of risk six. Twelve month period. Some people have said they're around for life They happen because of muscle contractions and or a spike in blood
Caslen Steps Down as Univ. Of South Carolina President Amid Scandal
"A couple of years ago. South carolina conducted a a rather long search for a replacement to the very respected harris pesticides. Who not only was the president at at usc. But one of the more respected people in the sec. Around intercollegiate athletics. If i remember correctly. And i and i know josh can help me with this There were recommendations. The school The people in charge did not accept them and they ended up hiring a man named cows. One who Was the superintendent at west point lieutenant. General retired lieutenant. General in the army and Josh i don't know if i've got the story right so far but what happens next is is is a Is quite a yarn good afternoon and afternoon. Paul thank you for having me yeah. It's you know it's not simple to some Bob cavin arrived. You know in a messy and controversial way and and he carried that name on consistently for two years they mean it has been You know the the process that got him hired also got the university of south carolina's accreditation reviewed by the overseeing body. That does such things so that's never a good sign. It was an eleven and nine. Vote by the board of trustees so narrow and it's kind of been contentious ever since and the president has not helped himself In the meantime. I mean this are where we are. Now is kinda culmination i mean. He went immediately on on a statewide Media tour after getting the job and it and it back to back stops with local with with state
Devising a New Social Contract for Fashions Garment Workers
"This week marks the eighth anniversary of the collapse of rana plaza an eight story garment factory housing thousands of workers making clothes for some of the world's famous brands which led to the death of more than one thousand people. It seems like an appropriate moment to look back at our professional summit. Closing fashion sustainability. Got where we had an in-depth conversation with a group of leading experts to address issues around workers rights in fashion supply chain ananias bhattacharjee is international coordinator at the asia floor. Wage alliance of trade unions and labor rights activists focused on addressing poverty wages and gender discrimination. He joined us from bangalore. India based in los angeles aisha barren plot another sustainability council member and and chief executive of remake the advocacy group behind the pay up campaign which highlighted brands that refuse to pay for completed orders when the pandemic hit and to set is an expert on south asia traditional arts crafts and textiles based in new delhi. She's the founder trustee of the craft revival trust these three leaders in the space around workers rights spoke to our london editor. Sarah kent at the b. o. f. professional summit before we dive into what the industry needs to do to tackle so many of these labor issues. I wanted to talk a little bit about why we're still facing. Systemic problems of labor abused an annual. I wonder if i could start with you. You know you spend your career advocating to try fix these issues. Why is fashioned still failing to protect. Its welcome fashion fast. Fashion industry or one can say really fashion industry as a whole because even when they're not fast fashion. They're mimicking the fast fashion business model. The fashion industry business model is really at the heart of the problem. And so deal that business model. It's unlikely to unlikely to see fundamental
Jamie Eichenberger on the Need for Water Infrastructure Funding
"Delighted to be joined by jamie eichenberger. He is the president-elect of the board of trustees and also an associate vice president at hdr jamie. Thanks for coming on the podcast. And you travis. Happy to be here. We're gonna talk about infrastructure funding for this episode The water environment federation the board recently issued a position statement on infrastructure funding dive into that And one of the things that starts with i think is defining what the problem is with infrastructure funding. What what's going on. What what's the problem with the current status and landscape around funding of water infrastructure. Sure well travis is you know and I'm sure all Listeners are very aware of. We've spent trillions of dollars over the years on building a really strong backbone of infrastructure for water wastewater stormwater on across the united states and we continue to invest in infrastructure. But a lot of it seems to be focused on the growth addressing new regulatory changes. And we haven't necessarily put aside as much money to maintain that existing investment in the bills coming due a lot of our pipes or two hundred plus years old Across the country The aging aging infrastructure at our treatment facilities are reservoirs so the big needs for funding across the board and without increasing that funding will start to see service failures. So was i mean in real life. Well we may have some public health impacts were we may have fish kills and other environmental impacts. And so as as we're we're thinking about how to address those we know. The investment one of the issues is just limited funding as important as the water sector is. There's a lot of other competing. Funding priorities are cities and
Lady Bird Johnson Faces Dissent at Williams College, 1967
"It's october nineteen sixty. Seven and lady bird is headed to new england. In all its autumn glory to colleges have started new and substantial environmental studies programs and ladybird is happy to lend her high profile support to help. Legitimize them sunday october. The night left the white house a little past ten and flew to an airport in north adams massachusetts. One of the placement is rides. I can remember mayor greeters. I was given a key and we went quickly on williamstown a picture. Postcard new england city at williams college. Her first stop is an event at the home of the president for hosting a luncheon for sixty people that agreed recipients. The trustees all the faculty it took me around meet everyone and then very soon. We sat the hand. I was next to a very interesting man you block. i gathered. he was the chief. Trustee quite outspoken in his approval of linden and that was one of the last words of approval. I was to hear that. Mrs lyndon b johnson comes to williams college president john sawyer escorts the first lady to the ceremony cheapen hall. She took no formal notice of a group of antiwar pickens who staged a silent vigil protesting the vietnam war. The small campus is crowded with protesters in the days. Before lady bird arrives at williams college past the professors and more than half of the undergrad sign a petition against the war. Saying it diverts un's that are needed for urgent environmental problems at home arrive at chapin hall for the ceremony. Students have arranged a silent dissent against the war. Many are wearing white armbands over there. Rose i cur kathy on stage. I looked into the audience in front of me. But i several dozen news for the graduating class in the black robes and as i saw a white armband on the first one i was not quite prepared vote
Chicago's Loretto Hospital COO Anosh Ahmed resigns in wake of vaccine scandal
"Loreto Hospital executive at the center of a vaccine controversy, has now resigned. The board of trustees unanimously accepted Doctor and ASHA Meds resignation. Lecture. Black Club. Chicago first broke the story reporting on vaccination doses going to ineligible patients at Trump Tower, Ah luxury watch store and a steak house. In response, the city stopped giving Loreto doses of the vaccine. The board says It'll continue to investigate.
"trustee" Discussed on WHAS 840 AM
"Trustee is you know besides me is my sister who's dead. Can I do just an amendment? Yeah. You have to do like you have to you can. I don't know. What can I do it like Cheap online. Can they get a form rolling? Well, hang on a minute. It depends on how yes, you can. Now the question is, Would you want to How complicated is the trust? I'm complicated. One house. Oh, you're okay. Yeah, you can do it. All you're doing is redrafting the trust and Ah, changing the names. Yeah, but it's easy. It's easy. You just the way it works is it will be so you have to trust the 30 years old. Okay? Was written in 1942 makes it a little bit older, Really? And then you amend it. And it just becomes the amended 1940 to trust and then that's the date and then that that trust the amended trust supersedes everything else. So, Yeah, you can. You can do that online because they follow all the rules. You should be OK. Let me ask you a quick part of that If I didn't do it, and I died tomorrow, yes. Could some could anybody else read this trust? I mean, I know it's private. It's not going to be public, but it's just my daughter who's going to get you know the only person No, no, no, no, It's not a public document. A trust does not go through probate. No, no, it's the trustee. It's the trustee who has the trust because remember the properties in the trust name correct. Okay, So now Ah, let's say you've got a the trusty wants to transfer or sell pursuant to the trust. Well, the only way that she is going to be able to do it is to show these the trustee is to show that she's the trustee. So there is the truck. It's notarized. And so that's how they prove it. No one else could just come in and in reality is Even if your daughter has taken on the married name That doesn't mean she's not your daughter. And that doesn't mean it's not so I that won. You don't even have to change. Now. The successor trustee, There is no successor trustee of this. So, for example, in my family trust, I have three trustees. Ah, and ah, there each successor trustees. Just in case because I don't want anybody else dealing with except my wishes. So it happens to be my partner. And strangely enough, it happened and this is crazy. It happens to be ah, my my agent on and I and usually and usually agents rip off their clients. You know that, don't you? Of course, And he's done such a good job of ripping me off that he doesn't need any more money. S O. It's It's great. And then a successor. Trustee is my God, daughter. Okay? Okay. I just thought if I didn't get around to doing it, can you do something like that off legalzoom? Yeah. Yeah. Yeah, absolutely. They're all they have a zillion different Internet companies now. Hey, Tony. Welcome to handle on the law it bill. Pleasure to speak with you in front of an actual Okay, but Hey, I had a question relative, Teo. I'm a woodworker and was using my safety equipment of Bush stick. And a piece of wood started jumping, which is nothing out of the norm. And using my push sick, the mystic slipped off of the wood engaged with the saw blade on the table saw Got caught, rotated and then rotated my hand just by sheer momentum down into the blade. I ended up with Ah little ring and Pinky fingers amputated. Whoa! We're with the ring and pinky finger being able to be reattached. And the middle finger is wasn't able to be reattached. Yeah. And so I'm looking at this push stick, which you paid money for it because it's supposed to do what it does. And in comparison to my other poor sticks. It's a bit different. It's hard classic. It slips and it's by a really well known company. And I'm wondering all of my other poor sticks. Stick to the wood and absorb all of the access. You know things like that. But as soon as this one hit the blade It just caught flipped me into the blade, right?.
"trustee" Discussed on KTOK
"You have a trust, and we've had mean you know, when you're in business for a song as we've been in business, we've had people pass away and after somebody has a great experience, they come back and said, I didn't think about it when we were created it. And then I've heard this horror story from a friend of mine That's been going through probate for two years, and it only took us 30 days that You have a trust? You have. Ah, trustee is and they just the transfer everything. They just they They're acting on your behalf and there Just all they're doing is going. Okay. This is what she says. She wants her house sold. She wants this car sold. She wants this given to so And so it's a checklist and you transfer title. You have that authority. Um and so it makes it a lot simpler and cleaner. So trust offer. Um youto have control no probate. However, they are generally more expensive because it takes a little longer A swell and they're more detailed. Now, how much will all this cost me again? This is all depends on how detailed and how much stuff you have for clients that have three or four houses. Multiple vehicles you know out of the country means they're more complicated. Obviously those with you know basic, You know, 12 homes, You know, you maybe have a lake house. You have your home. You have several vehicles it.
"trustee" Discussed on Newsradio 970 WFLA
"Five two five during the course of two days of time on the radio we talked about the common myths of a living trust I'll talk about that a little bit less when he wants to call in in the last few minutes the mist of a living trust why maybe you have never done one in your planning a living trust system nothing extremely unusual I think it's very very common in fact I'd probably say ninety seven or eight percent of my clients to to have it done estate planning will have a trust as opposed to will our trust is just a fancy will that it's living when you die that's the difference with the will when you die with a will you die with assets just in your name if you die with a trust who died the trust is still living in the assets in the trust or not in a deceased person's name requiring probate there can be handled by the successor trustee that you've chosen so it's very very very simple or explanation of the trust and how they work you pass away your trust lives on your successor trustee you picked comes and takes over pays your bills does deals with creditors distributes everything out according to your wishes trusts are very advantageous for minor children because you can't leave money directly to a minor child so suppose you already have a grandchild you want to take care of somehow you want to take care of their education you want to take care of their start in the business world you wanna take just kera care of them and maybe your child you feel like it's not going to do that so you don't want to give all the money to child you want to get something here in shelter suppose you have your young couple with minor children in you don't have much assets you don't think you need to trust well Hey that insurance policy there's two or three times your salary at work can come into a trust for the child's benefit to be distributed at a later age and take care of medical maintenance cost of living yeah medical education and maintain the sort of the main things that you generally will take care of in a trust for the benefit of all my minor child so trusts are not expensive as we've talked about in the show they're very reasonable not much more than a wheel to wheel package.
"trustee" Discussed on WBZ NewsRadio 1030
"The trustee you can revoke it you can do whatever you want you if you want to sell the house you sell the house that's why you see in the paper that the the Smith family trust sold the property they probably had a house in a revoke herbal trust rather than merry Smith selling the property so revoke herbal trust during your lifetime yup the trustee you don't give up any control but then it's like I said if something happens to you now that revoke herbal trust says the assets go in trust for your son and that's where the rules come in the distribution rules for your son to kind of protect him from himself and provide benefits go you know going forward for his life but you know what what trust Joni people have a lot of questions on it and even our clients right I mean just to break it all down what is the reason for wanting a trust there are certain reasons and every vocal trusts like Paul just explain is a type of trust that you can implement in you are your own trustee so there is no downside you are maintaining full control of your assets but the reason that people want a revoke herbal trust is number one the number one reason is to avoid probate because if you have a will and you pass on in assets are gonna get distributed through your will that it has to go through probate so rather than that you can have a trust and the trust is a private document so the trust enables you to pass on your assets to your heirs your children with out probate so you avoid probate you avoid the cost to probate and you have you avoided tying delay of probate so the first primary reason that people want to have a trust every vocal trusts is the avoidance of probate well just that was just what I was mentioning Joni member I said you you you implement every vocal trust then that you change the D. T. are home to the trust rather than in your name right so my happens is like if you know if you have your house right now when it's in your name something happens to you India will says when I pass away this home was to go to my son well the well just provides you know direction above provides direction but add that the the will says anything that's in my name leave it to my son well if an asset's just in your name how do you get it to your son well if you have to go through the probate court you know the day basically after provide the the document to the probate court and say okay this sounds the the beneficiary of the well now you have to change the deed from year you know from your name to your son's name and it's time and money it could be court fees could be attorney fees but when you implemented revoke herbal trust and then what you do what you call find that that trust every title assets in the trust you will void probate so if you re title your property your home in the name of you every vocal trust again you all living you have total control over that you want to sell a house to sell the house yet the trustee but if you pass away that defeat is already recorded in the name of the trust and our son is the beneficiary of the trust so since it's already in the trust there's no probate you passed away today practically speaking at your son's house tomorrow I really get that just it's it's and it's it's still in the trust name it's just that your son is the beneficiary of the trust so and we're paying so much right now you know going to court I mean quickly just quality care market yeah everything's I don't know how they're doing that actually may be virtually with a lot of things but yes so that's the importance of a probate is a is a good thing to avoid all right we'll be back with more coming up they have since nineteen seventy six Jon Stewart has.
"trustee" Discussed on 77WABC Radio
"The financial quarterback to folks give us a call go ahead John my wife is actually a trustee of the trust my wife didn't agree with it she kind of said we'll get back to me what you think about it long story short the person that extirpate a year after he passed away my wife gets a notice in the mail was getting letters in the mail saying that she was the trustee you know she had a stock carry out the duties of this trust my wife he thrives said well I didn't consent to it I had no knowledge of it I had input on it I mean you know I I was made to trust me and now she's being told you have to sign a I get to read none station letter to get out of it my wife and my question is my wife is why do I have to sign a a notice or statement saying I'm getting out of this because whenever we signed anything just to get into it or say that I was a trustee and I guess that's the question why she's starting to get out of something when she never signed anything that you're getting into something well she was named the trust issues the trustee she has to renounce it and the co trustee or the successor trustee will take place it's just how how these things go you definitely want to get an attorney maybe specializes in this more deals in the state planning attorney he also ended with a financial adviser to see what your options are do you mean like she just doesn't want to do the work it's annoying there well would be a good situation of the twelve the I guess the family itself that distrusted them into fighting the going back and forth and she doesn't want to be involved in it D. link of the trustee why she never said yes I'll be the trust me you are you allowed to have it just it just kind of went from a phone call will you be a trustee to saying well get back to me because I don't you know I'm not I'm not decided on it not too long after that conversations person passed away obviously he made her the trustee I guess because he trusted her and it was kind of forgotten about and maybe a year after this person that she started to get paperwork that you renamed the trustee so she was getting paperwork saying as far as well you have to sign a paper saying that you are the trustee and you say well I'm not signing the papers and I'm not finding anything and then she was getting paid for saying we have to sign a piece of paper saying not to trust me and I can get on the ball that's the case I should does have to legally renounce that I mean that is the case so that makes total sense so it's like you know just how that works I mean I don't know the exact reasoning I'm not an attorney but definitely she's right on you know whoever you know she has to renounce it this is also brings together a good point you should talk to whoever you're naming as the trustee to make sure they are capable or wanting to be and and folks you can get a corporate trustee we have corporate trustee services that we were for our we are we are never your trusty because were your fiduciary so we don't want that conflict of interest but a corporate trustee could work with us as the financial advisors you can name a financial wise in your trust and a corporate trustee and we could work with fidelity's trust department and they're they're also reasonable trustee fees you do want to check if you're dealing with the trust what what will the trustee or the maintenance fees be every year because some are steep when you pick a corporate trustee but a corporate trustee takes some of the family infighting out especially if it's a lot of money seem picking out a corporate trustee if so call us eight eight eight nine eight eight Josh eight eight eight nine eight five six seven for any other questions on that no not yet no I didn't doubt it you know I'm just I guess I mean if I was making the trust I can I can name you my trusty even though you didn't know about it and then if I passed away I guess they would tell you you have to sign out of my thing is I get the right inside you for saying I was agreeing to something why do I have to sign a piece of paper saying I don't agree to something but I guess I don't know how long but well never heard of that I mean I would I would make sure whoever you name as your trustee or executor is willing to take the responsibility before you name that's step number one to number two if you want out of it get out of the quick because you want to be embroiled you know you never know if they're fighting they may bring your wife into stuff you know so just I would I would have them seek to appoint a corporate trustee that makes sense yes thank you very much then maybe the person name and didn't trust any of the family members so maybe you can name some type of corporate trustee if possible okay so folks give us a call and that's a good point some sometimes you need a financial plan to protect your money from in laws or outlaws and those outlaws maybe members of your own family and sometimes there's family squabbles when you don't want that so give us a call eight eight eight nine eight eight Josh if you need help protecting your money from in laws out laws and like call us now if you have questions on stocks bonds annuities whatever question you have no question is a dumb one except the one that you do not ask so call us right now eight eight eight nine eight eight Josh and if you.
"trustee" Discussed on KLBJ 590AM
"Years yeah trustee anti she she says it's very important for everyone to be involved to make sure that our students and our staff are we safe warm healthy in that the facility support the learning of the students and the teaching why and what is she stating the obvious be yes yes I have that's that's that's the obvious wanted any fifty five portables will be removed the board has also taken steps to address over capacity by considering boundary changes for any campus above one hundred and ten percent you know I I I think a good education to be provided in just about any building just as long as it's heated their condition has good roof on it but I have to say in about thank you brought this up early I I I agree that this probably is an important thing for morale this probably is an important thing for students will be inspired because sitting in a portable building and I remember doing that six grade that's the situation we were in and out there it is kind of a bummer it is kind of I don't look back on the on the six on gone that you're very fond one think about it this way you got one one family it's you know we all pay property taxes to the roof to finance schools right yeah one family's kid goes to a beautiful building and campus is brand new and my kid has to go to a portable building every day and will pay the same taxes I mean it's you know it's kind of a it's kind of strict I just don't understand why we have so many portable buildings yeah but then again from a business aspect of it of managing the people's finances portable buildings are actually convenient in some regards there there is a Hey let's get two buildings over there we got fifty new kids this year let's move it over there at least for this you know I mean as you get it done very quickly and done very quickly very cheaply I assume compared to actual brick and mortar especially way our community is still in flux right now yeah people moving here people moving out the age the population continues to shift yeah we're writing code next which is going to change neighborhoods how when where you build certain things affects public schools yeah maybe portable buildings might be a a real option a smart financial option for the next few years I don't think so but maybe it is well just as long as you find ways to keep kids excited about showing up in a learning and and all that but you know there is something to be said for some shiny brick and mortar with with the windows and all that but not to the point that what teacher retirement is going to do here in Texas and move into those three hundred thousand dollar a month offices that's new that matters that's gonna take a little bit too far as far as recruiting and morale question the Austin school district has a real problem thirty two resignations from the A. I. S. D.'s special education department since August yet to speech language pathologist told cave you that they were just sick and tired of being underpaid and overworked more than thirty resignations since August man some of the employees said that they were tired of being overworked underpaid the departures of all happened since August and they've all come from the special education department tough gig man now it's a real tough gig Melissa Matthews was one of those employees and she went before the Austin school board trustees back in October to quit here's a coach it is with sadness that I resign I can no longer financially afford to stay and not in the climate of special education was unattainable not too much later Tricia Cipriano she did the same thing quit right in front of the school board it's it's pretty interesting I mean it's thankless job in some regards it no it's it's not the most glamorous teaching job now as for the workload it's on bearable here's a called the American speech and hearing association did some research and they found that sixty percent of school based language pathologist feel overwhelmed with caseloads that right forty nine forty nine cases of forty nine students I guess per person and they said in a district each speech pathologist Kerry seventy cases as a result students are progressing as quickly and as a the other why should or could be I'm not surprised at this I don't know that there's enough money in the world to pay these teachers and they're worth every dime and it does take a special kind of human being to be able to do that gig and to do it well and be able to get up every morning and look forward to doing it again and do it for a long time is there a place he's the president of education Austin that is the local teachers union the union that represents a I guess the employees he said the district's lack of action is not only a detriment to staff it's taking away from students quote it's about the.
"trustee" Discussed on KGO 810
"To trustee transfer to an IRA or another company play on that accepts transfers or two by receiving an in kind distribution of the annuity contract ma both must occur within ninety days before the annuity option is eliminated okay a that you know they get the supplies for one K. four three B. four fifty seven plans withdrawal still plan would be considered permissible in one serviced withdraws that withdrawals a new provision is effective for plan years beginning after twelve twelve thirty one two thousand and nineteen in on January first twenty twenty for most new plans but it you know I I wonder how many of you out there could would route will raise your hand to give us a call and tell me about your experience with TI a crafty of crap really comes to mind is I was reading that the law I TA craft you know they have the investment side and they also have the annuity side the anybody side once you put the money on that side you're locked in you can't get that money out for ten years yes your Ginia of a stable rate of whatever it is two percent great would you need seventy capable taxes the flea should your personal a Jedi so how does that really helping you yeah you would maybe will label will spend a little bit of time talking about what it takes just to break even depending on it again okay about California about what tax rate you're really and this aids it is noted continues our process other thirteen or change requires companies begin including a nudie illustrations in the benefit statements as they are required to provide participants this is the only only adds to more confusion in their it's my opinion my opinion I haven't I haven't seen anything yet you know we re we handle for one K. plans for lots of companies a small medium and large a ID there's no substitute for transparency and in it I get it I get it it's a lot of work to run a four one K. plan the plan participants the plan sponsors the company's the big companies they want to keep all the assets under management they don't want independent advisers actually helping people help educate people because the money would leave their platform this is what it's all about a you know yeah I heard heard of one of those presidential camp commercial for for somebody say they you know they want to get big business out of politics in a in many cases that sounds good because this really does smell of big business this is it gonna be and somebody's best case scenario is best interests my opinion yes there's a guarantee at some level but what is it really geared T. about what's that I've remembers a cell wall for Wall Street a couple weeks ago when I was power watching stuff it it was the the food the food Gezi Fugazi.
"trustee" Discussed on NewsRadio KFBK
"So I do have a he changed your title today. I've in here. I just heard the very tail end of my faithful sidekick faithful Mr. the trustee back all the years. I don't know what what's what's up? Just call. You old faithful? Oh. You thought of that all by yourself? Just came to you right there. I heard that promo. Well, if it works old faithfuls been working for a long time, I hope to keep doing the same. All right. Let's talk money first second. Okay. I was kinda surprised on one hand and not surprised on the other hand about the some information. You included in the winners and losers section of the newsletter this week. It's been awhile since I bought a car, and I was surprised that the average interest rate in March hit a ten year high with at six point three six percent on auto loan. No auto loans, new car, look, right user, that's high and while that's oppression. Right, right. To have been going up for a year. Well, I haven't been in the Marcus. Okay. Asked me about money factors. Maybe I can get there. But and as you've been saying, this is the not surprise part you've been saying for weeks, maybe a couple of three months now that zero percent as an incentive was going away. It was getting harder and harder to find because interest rates for.
"trustee" Discussed on 790 KABC
"You have the time to be a trustee and acting as a trustee is not a simple thing, it's complex it's time consuming, and the thing that's also important for you to know about is that you could be held personally liable for what goes on. Okay. Because as trustee. You have a fiduciary duty and your your siblings or others. Could sue you. If they feel that you're not doing it properly. The other thing is as trustee. You may you may have to make decisions that fellow family members don't agree with. And they may be not happy with you for having made those decisions, and it fits your brother or sister or something like that it could cause a rift between the two of you. So you have to think about this long and hard before you decide so those are the big picture things. So let me go over with you what the the details of it. So first of all. You have to make sure there's lots of duties that you have. Okay, one is you have to make sure that the assets are safe under control. And that you understand the terms of the trust because as trustee your job is to administer it and abide by the rules of the trust you whether you agree with the rules of the trust is relevant. You have to abide by it. Okay. It's like a judge. They have to know the law, and they have to bide by the law. They may not like the law. But if it is the law, they have to administer it as it is written. So number two is yes, you're in charge of investing the assets of the trust. Okay. So you have to make sure that you're investing them in a way that is for the benefit of the beneficiaries. Okay. Number number three. Is you have to make sure as I mentioned that you are administering to trust, according to its terms. So the trust may say, you're gonna distributed at certain ages and certain conditions all that. You gotta make sure you're following the rules of the trust as well. So once again, you have to know what the trust says also you have to make any decisions that arise according to the provisions of the trust. So this this is going to happen. You know, along the way. There are going to be situations where family members have emergencies or health conditions, or they have a new child or who knows what they're all kinds of different things are going to happen. And these things are going to come up and as trustee. That's your job you're going to have to make those decisions as to you know, if there's going to be distributions or not you're also going to have to keep records. Okay. Very important. Keep records of everything that you're doing. Okay, inevitably. I should say inevitably. But it could happen that in the future family members say, well, we don't like the way you've handled the trust. And you got to be able to go back and document what you did. And show them that you did everything in good faith that cetera. Okay. You'll also have to take care of the statements and tax returns. That's part of your job. Also, you got to communicate with the beneficiaries what you're doing. What's going on keep them informed part of the job of being trustees to make sure the dander stand everything that you're doing. And why? Okay. So that's important. And then also you in the beneficiaries may have questions about the trust, you know, in in the in the league the league lease it's.