Third World Challenges in Accounting

Jack Prot

Most third world countries lack a lot of resources that most industrialized countries, such as the United States, possess. One of the many things they lack would be the knowledge and practice of efficient accounting standards and systems. These countries are ones that have many other issues in common such […]

What Is Your Share of Government Debt?

Jack Prot

It’s that time of year where we review the impact of government debt on individual tax payers. It is important to remember who is on the hook for government’s reckless spending binges. Whenever we hear politicians make campaign promises, they sound like they are spending their money. But government doesn’t […]

The Advantages of Using a Living Trust in Addition to a Will

Jack Prot

Many people incorrectly believe that only millionaires need to implement a Living Trust as a primary component to a foundational estate plan. For any person whose total individual estate exceeds $100,000, a Trust should be created. Remember, that $100,000 number includes your home, your bank accounts, your car, your brokerage […]

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