The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell discusses power of attorney with Jeff Fauer, director with Tripp Scott. A power of attorney is a time-tested way to provide peace of mind that your personal, financial and legal affairs are kept in order, and your interests and intentions respected and carried out in contexts ranging from business to healthcare. But it’s important to understand what a power of attorney is and how it works to ensure it serves those purposes. Bill Davell: What is a […]

Care to know the secret behind massive returns that only savvy investors know about? There is no secret, but FOMO (Fear of Missing Out) is a powerful psychological trigger. It’s epidemic in many modern-day conveniences such as social media, television and radio. Unfortunately, it can also influence our faith and investment decisions too.  Stephan Tchividjian recently wrote a terrific article about shiny rocks: “I find that sometimes along the path there are all kinds of little things that catch my eye, my attention. I call these distractions shiny rocks. The shiny rocks beg you to pick them up and put […]

The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell discusses a payment scam with Charles Tatelbaum, a partner at Tripp Scott. As if individuals and small businesses don’t have enough scams to worry about, an oldie-but-goodie is increasingly rearing its ugly head: the restrictive endorsement, by which debtors attempt to manipulate the check payment process to slip free of money they owe you or your company. Let’s delve into the tactic and how to avoid getting tricked by it:   Bill Davell: So what is a […]

“…the borrower is slave to the lender,” so it says in Proverbs. Paul Tudor Jones calls the paradox of U.S. debt and today’s mostly calm bond market an economic “kayfabe;” a pro-wrestling term. Those who know that the numbers aren’t sustainable conveniently suspend disbelief while the show continues. Ray Dalio gives America about three years to avert an economic heart attack. Jones and Dalio are amongst the best-known and successful investors in the world. Our nation’s debt has reached an astonishing level of $38 trillion ($350,000 per taxpayer), with last year’s interest payments totaling $1.124 trillion. With fiscal deficits as […]