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BUSINESS NEWS & TRENDS
Mountain Views-News Saturday, January 10, 2015
FAMILY MATTERS By Marc Garlett
PROCEED WITH CAUTION
Many sellers are tempted to list For Sale By
Owner (FSBO) because they feel home prices
are down and they don’t want to lose one more
penny to paying a commission. But with fewer
than ten percent of all home sales falling into the
FSBO category, it’s a challenging strategy.
In personal terms, you’ll have to safeguard yourself
against prospects who have not been screened
and qualified by a professional. When someone
calls to request a showing, note their caller ID
and keep a log of visitors. Stash away prescription
medications and valuables before showings,
and afterwards check that all your windows and
doors are locked.
There are also legal considerations for your listing
and hopefully, your eventual sales contract.
Be sure your listing complies with the Fair Housing
Act, which prohibits discrimination against
buyers. If you’re unfamiliar with escrow and title
insurance, hire a real estate attorney to draft, review
and record all documents.
This economy makes securing a loan difficult, so
it’s wise to require a loan pre-approval letter from
buyers before accepting any offers. If you really
want to get attention, sweeten the pot by offering
a two to three percent commission to any agent
who brings buyers to you. FSBO is not the easiest
route, and many impatient and frustrated sellers
end up hiring an agent to make the sale happen.
Luther Tsinoglou was named the top producing
sales agent in The Podley Property’s Sierra Madre
office. Luther has been licensed and practicing
real estate since 1992. He specializes in residential
and income property in Southern California. Luther
can be reached at his direct line (626) 695-
8650 or at luther@tsinoglou.com.
10 TIPS TO ENSURE FAMILY HARMONY
OVER YOUR ESTATE PLAN
TEAMLOGIC IT OPENS IN ARCADIA
#1 Technology Franchise Serves the IT Needs of Growing Businesses
One of the many challenges my wife and I face as
parents is simply trying to keep the peace between
our children. Our six-year-old son and five-year-old
daughter can be the best of friends … and the worst of
enemies (often alternating between the two multiple
times within the span of just a few minutes).
I suppose it’s all part of raising small children,
but unfortunately, I see this same scenario play out
time after time among adult siblings when a messy
estate causes family rifts. And it doesn’t need to be
that way. In fact, if handled properly, your estate plan
should help bring your children together rather than
tear them apart. Here are 10 tips to help prevent your
children from fighting over your estate:
1. Talk to children about your estate plan. It may be
a difficult discussion to have, but you need to have it.
If you find it too difficult, enlist the help of your estate
planning attorney to go over the details of your estate
plan with your children and answer their questions.
In fact, because this is so important I include just
such a “family meeting” in every estate plan I put
together for my clients.
2. Write your children a letter. If you can’t face a
face-to-face discussion (or even if you can), put it in
writing with as much detail as you are comfortable
providing to your children. You can frame the
discussion in general terms and ask for their input.
This is a great way to get them invested in ensuring
your plan works the way you want it to.
3. Email your children your estate plan summary.
Your estate planning attorney will usually provide
you with a summary of your estate plan that doesn’t
disclose details or actual dollar amounts. Ask your
estate planning attorney to copy your children on an
email with the summary and ask for their input.
4. For complex estates, consider a mediator. If you
have a complicated estate that may include valuable
collections or a family business, ask your attorney
about bringing in a professional mediator who
can meet with you and your children separately to
identify any potential issues and then meet with you
together to iron out those issues.
5. Use equal treatment. If possible, leave your
children an equal inheritance; most family fights
result from children being treated unequally.
6. If you establish a trust for children, name each
child as a co-trustee of their own trust at a certain
age. Choose a reasonable age for when you feel a child
will be able to participate in managing their own
trust so they can learn about handling an inheritance
with the guidance of the main trustee.
7. Consider staggered distributions from a trust.
To help a child learn how to manage a substantial
inheritance, estate planning experts often advise
staggering distributions over a period of time (i.e.,
age 25, 30, etc.).
8. Provide children with an option to remove
or replace the main trustee. Similar to arranged
marriages, you never know if children and trustees
will make a go of the relationship. Give children
limited power to remove and replace a trustee with a
different, qualified trustee.
9. Allow children to name their own co-trustee.
If your children are competent adults, give them the
power to name the independent co-trustee of their
trust.
10. Include mediation instructions in your
estate plan. Your estate planning attorney can add
mediation language so that if a dispute arises, your
children will not be tied up in emotionally and
financially draining litigation.
If you’d like to ensure your estate plan doesn’t lead to
a family feud, I’d be happy to sit down with you and
help identify the best strategies to provide for and
protect the financial security and family harmony of
your loved ones.
To you family’s health, wealth, and happiness,
A local attorney, father, and CASA volunteer (Court
Appointed Special Advocate for Children), Marc
Garlett is on a mission to help parents protect what
they love most. His office is located at 49 S. Baldwin
Ave., Ste. G, Sierra Madre, CA 91024. Schedule an
appointment to sit down and talk about ensuring a
legacy of love and financial security for your family
by calling 626.355.4000 or visit www.GarlettLaw.
com for more information.
A local attorney, father, and CASA volunteer
(Court Appointed Special Advocate for Children),
Marc Garlett is on a mission to help parents protect
what they love most. His office is located at 49 S.
Baldwin Ave., Ste. G, Sierra Madre, CA 91024. Call
626.355.4000 to schedule an appointment to sit down
and talk about ensuring a legacy of love and financial
security for your family or visit www.GarlettLaw.com
for more information.
ARCADIA, Calif., January 6, 2015—TeamLogic IT,
a national provider of advanced IT management
services for businesses, recently opened in Arcadia.
The business is owned by Scott Pauli, and is the
fourth TeamLogic IT location to open in greater Los
Angeles County. TeamLogic IT has been named the
#1 technology franchise company three years in a
row by Franchise Business Review.
Scott brings to TeamLogic IT more than 20 years
professional experience in Technology and project
management. Early in his career, while employed
at companies such as PSINet, Inc., and Cisco
Systems, he gained the knowledge and expertise
in Internet service provisioning and fiber optic
telecommunications while servicing most major
Telephone companies in nearly every major city
in the U.S. He acquired an in-depth knowledge
of wide-area Internet and fiber technologies, as
well as an understanding of corporate enterprise
network topologies with his more recent roles within
project management. Altogether, his past experience
provides complimentary IT and business skillsets
with a solid understanding of the role information
technology has in the small-to-medium sized
business environment.
Expressing his excitement about the opening of his
new business Scott said, “I am excited and grateful
to be building a TeamLogic IT business here, and
look forward to assisting the local neighborhood of
business owners. Due to the local presence we now
have along with a support network of hundreds
of skilled technicians around the country, we can
offer local businesses here a more proactive services
approach that is far better than most computer
maintenance or repair companies out there. Our
services are designed to take care of the small and
medium-sized IT business needs of our clients so that
they can focus on their daily business operations,
while we handle all of their IT related issues.”
Companies rely on TeamLogic IT’s managed
IT services for proactive IT management to help
increase productivity throughout their organization
while also gaining better ROI from their technology
investments. Solutions are designed to meet client
needs while helping them build an IT platform
for future growth. TeamLogic IT also provides
networking services, security services, data services,
email services, telecommunications, and hardware
and software products for companies seeking to
outsource their IT needs.
“The combination of being able to provide world-
class IT services because of our nationwide presence,
combined with the benefit of local management
teams, has allowed TeamLogic IT to experience
significant growth over the past several years,” said
Chuck Lennon, president of TeamLogic, Inc. “We are
delighted that Scott has joined our network to service
the Arcadia area business market.”
About TeamLogic IT
TeamLogic IT is a leading national provider of
advanced IT management services for small- to
medium-sized companies (SMBs). With locations
across the country, TeamLogic IT provides managed
services, computer consulting, and support services
focused on helping companies minimize downtime
and improve productivity. Thousands of companies
have turned to TeamLogic IT as their trusted “IT
Advisor.”
TeamLogic IT has been ranked the #1 technology
franchise for three years in a row by Franchise
Business Review and has received numerous Top
50 Franchisee Satisfaction awards. The company
is owned by Franchise Services, Inc. (FSI), a
management company that also owns the franchise
brands Sir Speedy, PIP Printing and Marketing
Services, Signal Graphics, and MultiCopy in the
Netherlands.
Contact: Scott Pauli, TeamLogic IT of Arcadia; Tel:
626-657-0521, Located at: 444 East Huntington
Drive, Suite 216, Arcadia, CA 91006; Email: spauli@
teamlogicit.com, http://www.teamlogicit.com/
arcadiaca518/.
OUCH… THAT FONT IS PAINFUL!
The other day I received an email that used all caps in
a very tiny script font! I needed to read it but it took
me forever! OUCH, my aching eyes.
With so much content coming at us on mobile
devices, it’s important to take it easy on your readers.
Choose legible fonts and make them bigger.
If email marketing is part of your business and you
rely on it to convert sales…make sure it’s easy to read.
Do you know what the most legible font is on-line?
If you guessed Verdana, you are correct. Arial and
Helvetica are also easy to read on screens. Fonts that
are typically more legible in print, like Times, tend to
look blurry in the on-line world.
Font size matters too. Constant Contact says to
stick with 16 point for body copy and 22 point for
headline copy.
You can still add some flavor with bigger, smaller
and fancier fonts here and there. Just don’t over do it.
In the end, you want your message to get read.
MJ’s business, HUTdogs, offers helpful workshops
throughout Southern California and helps business
owners and non-profits have success with email and
social media marketing.
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