Contact Us Today!

NavStar Financial Services

219 Williamson Rd.
Suite 2202
Mooresville, NC 28117

704 663 7482

e-mail:larry@navfs.com

NavStar Currents

Asset Protection: Do You Have an Umbrella Plan?

Posted by Larry Jones on Oct 20, 2022 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Aug 16, 2022 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Apr 5, 2022 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Feb 15, 2022 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Sep 2, 2021 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Nov 12, 2020 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Physician: Will asset protection really increase the quality of your care?

Posted by Larry Jones on Oct 29, 2020 9:30:00 AM

Litigation vs Healthcare

America has become, perhaps, the most lawsut happy nation in the history of the world. Nobody is more aware of that fact than a physician. The cost of becoming a doctor is high from a financial point of view. After an undergraduate education, post-grad, medical school, internships and residencies, the typical medical graduate begins his or her career in a deep hole. But after that, it's easy street for them, right?

Well, maybe not. After all, with five attorneys chasing every ambulance, running class-action lawsuits against pharmaceutical companies and medical practices, even years after the procedure was done, it's not inconceivable that a physician could build a successful practice and then see it destroyed in a courtroom. I myself once sat on a jury where damages were being sought against an OB-GYN physician years after the baby was born. Every day for three weeks that doctor sat in the courtroom, and eventually was acquitted. Do you think the quality of care she delivered during that three-week period suffered? Of course it did.

The point I'm trying to make is that the threat of being sued is one of the largest concerns that a physician has. They are keenly aware that one mistake can erase everything they've ever worked for? How would you like that deal in your career?

 

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Dec 10, 2019 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

Physician: Will asset protection really increase the quality of your care?

Posted by Larry Jones on Nov 19, 2019 9:30:00 AM

Litigation vs Healthcare

America has become, perhaps, the most lawsut happy nation in the history of the world. Nobody is more aware of that fact than a physician. The cost of becoming a doctor is high from a financial point of view. After an undergraduate education, post-grad, medical school, internships and residencies, the typical medical graduate begins his or her career in a deep hole. But after that, it's easy street for them, right?

Well, maybe not. After all, with five attorneys chasing every ambulance, running class-action lawsuits against pharmaceutical companies and medical practices, even years after the procedure was done, it's not inconceivable that a physician could build a successful practice and then see it destroyed in a courtroom. I myself once sat on a jury where damages were being sought against an OB-GYN physician years after the baby was born. Every day for three weeks that doctor sat in the courtroom, and eventually was acquitted. Do you think the quality of care she delivered during that three-week period suffered? Of course it did.

The point I'm trying to make is that the threat of being sued is one of the largest concerns that a physician has. They are keenly aware that one mistake can erase everything they've ever worked for? How would you like that deal in your career?

 

Read More

Topics: asset protection

Asset Protection: Do You Have an Umbrella Plan

Posted by Larry Jones on Dec 4, 2018 9:30:00 AM

A Night to Remember

Ed and June Griswald are fairly affluent. They are conscientious parents of two teenage children, Bianca, age 17 and Carl, 18. One evening, Ed and June come into possession of two tickets to watch Duke and Carolina play a basketball game. The game is two hours from home. They decide to attend, and on a Friday evening, they travel to the stadium to watch the game. It promises to be a great game, and they intend to get a hotel room for the night after the game, and return home the next morning. They have no concerns about their two angelic children. They know that they'll probably watch a movie on TV and go to bed by 10.

Twenty minutes after they leave for the game, the friends of Carl and Bianca begin arriving. There is a well-stocked liquor cabinet at the Griswald home, which the angelic kids soon locate. The next few hours are spent in great fellowship and revelry, and a good time is had by all. 

After the game (where Carolina handily trounced Duke using only their third string players, 105 to 40), Ed decides to cancel the hotel and travel on home. About an hour away, June calls her two little angels just to make sure they aren't worried about them, and tells them they'll be there soon.

Panic ensues at the home of Griswald as the ne're-do-wells leave the scene. Unfortunately, one of the teenage drivers, having had way too much to drink, loses control of his car on the way home, and crashes into a telephone pole. He ends up with a broken spine, and is paralyzed from the neck down. Local attorneys go into a frenzy.

By the time they have finished with the Griswald family, and after their homeowners and car insurance policies have paid off, they are still on the hook for over $1.5 million dollars!

It was a night to remember.

Read More

Topics: asset protection

What you don't know can hurt you!

As a fiduciary I am required to always act in your best interests, and as a professional planner, it's my job to be familiar with all types of possible solutions and financial vehicles. In short, I have no interest in selling any particular product or any affiliation with a particular company. I work for my clients.

Are you:

  • concerned that your tax bill is too high?
  • tired of watching your nest egg decline by significant amounts every 5-7 years?
  • wishing you could find more free time?
  • looking for ways to help protect yourself against litigation that could destroy all you have worked for?
  • worried that Uncle Sam is going to enjoy your retirement more than you are?

If any of the above describes you and you'd like to get a question answered then just click the button below and we'll be in touch.

Let's Meet!

p.s. we have the ability to meet virtually regardless of your location! Give us a shout!

FPA_ProudMember_RGB.jpgChFC_Logo_spelled_full.jpg

Like this blog? Fill out the form and get e-mail updates. Don't miss out!

Recent Posts