Category - Penny Wise

Secrets of “THE LAW”

July 21, 2017

If you meet an attorney claiming to know THE LAW, find a different attorney. There are many misconceptions in the world of lawyers and law stuff. A great many. One of the most prominent is the mistaken belief that just because someone has a law degree and has passed a bar exam that person knows “THE […]

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Oakley sunglasses and related life lessons

June 2, 2017

I once paid a lot of money for Oakley sunglasses. At the time, it seemed like a foolish purchase. However, those sunglasses have proven to be perhaps the best investment I have made. There are important life lessons related to my Oakley sunglasses. I never told my wife how much I spent on those sunglasses, so I’m […]

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The value of knowledge and experience in all areas of life

September 8, 2016

Do you and I appreciate the importance of experience and expertise? In this internet age, it is quite easy for us to believe that Google can make us an expert on just about anything. While I am as much a fan of Google and other internet resources as the next person, I see quite often the […]

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The value of the surgeon

May 20, 2016

Are you paying for the surgeon or the scalpel? We all have knives at the house. Some of us even have surgical scalpels (or other very sharp instruments). Likewise, many of us have access to medical supplies. Why then do we not just perform surgery in our homes, especially in this world of “do-it-yourself” […]

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a $400,000 mistake–another self help blunder related to beneficiary designations

July 2, 2014

Self-help, or “do it yourself” planning can come in all shapes and forms. There is an article on Yahoo Finance which documents a tragic story of a man who’s “do it yourself” method cost his children $400,000. In 2008, just prior to dying from cancer, Mr. Smith undertook several efforts to get his affairs in […]

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What do we REALLY value–what are our priorities?

May 13, 2014

Our priorities dictate where we spend our time, attention and money. There are a great many things each day which demand our time, attention and money and, in the end, our priorities (what we really value and deem important) are the eventual recipients of such time, attention and money. I was reminded of this fact […]

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“form” estate planning documents can lead to BIG probems

April 5, 2014

Penny wise and pound foolish–yet another example in the context of “do it yourself” estate planning. A sad story that should have been prevented. This is something we have discussed often, but it has recently come up again with regard to an unfortunate story in Florida, where a woman decided to utilize a “do it […]

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