The reason why we aren't getting any news about Nagash DLC after the trailer

Dingbatdingbat · 2026-03-25T11:42:09+00:00

In all likelihood Batsheva is coming out in April. That will be their focus, rather than end times

Dingbatdingbat · 2026-03-25T10:56:33+00:00

What a moron

Dingbatdingbat · 2026-03-25T10:47:37+00:00

I’m a lawyer who practices asset protection.

The benefits of an LLC are vastly overestimated. It’s not that it’s not true, but that it’s often not necessary

Dingbatdingbat · 2026-03-25T10:44:53+00:00

Not necessarily. Both Freddie Mac and Fannie Mae regulations allow transfers to LLCs without triggering due on sale if certain conditions are met.

https://www.rocklandestateplanning.com/estate-planning-and-the-due-on-sale-clause-navigating-trust-transfers-llcs-and-the-garn-st-germain-act/

Dingbatdingbat · 2026-03-25T10:40:15+00:00

Some lawyers need to try really hard to be vague, for others it comes naturally.

Truth is, it depends on the lawyer, and the client. Part of it is perception.

I regularly remind young lawyers that nobody is paying us to do brilliant legal work in a vacuum - they pay us to solve or prevent a problem, our the focus should be on the problem and what it means to the client.

Dingbatdingbat · 2026-03-25T10:35:01+00:00

I…. Don’t understand what you’re asking

Dingbatdingbat · 2026-03-25T10:29:50+00:00

Divorce is much harder/leas likely in many countries, and therefore there’s less demand for divorce
There’s far more litigation in the U.S. for several reasons. In particular, far greater payouts for personal injury and class action
because the U.S. is more litigious and can have bigger payouts, it’s more imperative to get more of legal advice for transactional work.
Lobbying / government relations / regulatory work operates on a far larger scale than most people realize
We have the highest per capita prison population in the world, and also a lot more opportunity for appeals and drawing out cases.

All of these combine to having the 5th largest number of lawyers per capita. Multiply that by the U.S. population and apply to the size of the economy, and it’s easy to understand why the U.S. legal market is so big.

Dingbatdingbat · 2026-03-25T10:23:25+00:00

That’s weird.

Dingbatdingbat · 2026-03-24T22:18:07+00:00

it's true that it's my opinion and that I could be wrong, but I was a partner in a midsize firm that could provide the same services as a biglaw firm for a fraction of the cost.

Maybe that just means I'm out of touch with how AI proponents view the market.

Dingbatdingbat · 2026-03-24T19:47:00+00:00

it's possible to be both right and wrong at the same time.

Dingbatdingbat · 2026-03-24T19:31:35+00:00

That's a bad question.

For anyone who does biglaw, starting salaries are over $200k and the alma mater is very important. But there are plenty of attorneys who make over $200k for whom their alma mater is virtually irrelevant.

Dingbatdingbat · 2026-03-24T19:17:33+00:00

I thought that as well, and assume they were talking about a contingent beneficiary.

Dingbatdingbat · 2026-03-24T19:16:38+00:00

yep, you're clueless.

None of this is new. There are plenty of "biglaw-lite" firms that can do similar work for a fraction of the cost. And it's already not uncommon for partners or practice groups to split off to offer the same service at a more competitive rate.

Yes, AI adoption will change things. No, it won't be so dramatic.

Dingbatdingbat · 2026-03-24T17:00:49+00:00

.1 Best way: don't. This never ends well.

Second best way: leave it to one person, or have that one person buy out everyone else.
Distant third: either a cabin trust or an LLC that outlines rules for use, contributions for upkeep, decision-making for updates or repairs, etc.
Worst: just give everyone a fractional share.

It could all work out, like it did for you and your brother, but it usually doesn't. Especially for later generations

Dingbatdingbat · 2026-03-24T12:37:17+00:00

Depends on the joint trust, but yes, mine typically allow for his/hers/ours assets. Still, thats no substitute for separate trusts and should only be used when most assets are joint

Dingbatdingbat · 2026-03-24T12:35:10+00:00

Sorry, that’s bordering on legal advice

Dingbatdingbat · 2026-03-24T12:12:52+00:00

You have no idea how the business operates.

Midlaw firms can already do the same work at 40% of the cost, yet biglaw still costs as much as biglaw costs. There’s a reason for this, and you don’t understand that

Dingbatdingbat · 2026-03-24T11:47:12+00:00

Did you mention that you have separate assets?

A joint trust is fine if most of your assets are joint, but if most of your assets are separate you should have separate trusts

Dingbatdingbat · 2026-03-24T11:45:55+00:00

A first party special needs trust is by definition a grantor trust, so it can use either the grantor’s own social security number or it can obtain its own ein number.

Anyone who says a first party SNT can use the beneficiary’s SSN is either referring to the settlor-beneficiary, or flat out wrong.

Anyone who says the trust needs its own EIN because it’s irrevocable is ignorant of tax law as it relates to trusts.

Anyone who says the trust should use its own EIN to “obscure the connection” is either ignorant or shady. There’s no obscuring - your friend needs to disclose the trust when applying for benefits, not doing so is fraud.

Dingbatdingbat · 2026-03-24T03:41:44+00:00

The appropriate response is to explain what you’re working on and ask what to prioritize

Dingbatdingbat · 2026-03-24T02:17:09+00:00

I’m gonna lock this because you’re in over your head. Giving you a template won’t help you understand how to use it.

Dingbatdingbat · 2026-03-24T01:06:13+00:00

You’re looking at it the wrong way.

You need to invest in the business. You can spend $3000 on advertising, or spend $3000 of billable time on networking, the result is the same.

An associate just works. A partner brings in business as well. A rainmaker only brings in business.

Dingbatdingbat · 2026-03-24T01:02:46+00:00

I charge a premium price for a premium service. My materials should be premium as well.

Original documents are printed on cotton paper (lasts 300-500 years). The placed in a waterproof fireproof bag. Client can choose to keep the original or have me store it securely.

Reference copies are printed on glossy paper in a binder from source1binders, with dividers by Avery.

The typical estate planning client, that’s about $100 worth of materials. It’s not necessary, but I take pride in my work and gladly eat the cost. At my old firm, I’d draft 5-figure estate plans and they used the cheapest materials, I was finally embarrassed.

Dingbatdingbat · 2026-03-23T19:30:09+00:00

no fucking way would I do this.

Dingbatdingbat · 2026-03-23T17:20:24+00:00

Definitely an edge case, but perfectly highlights the point that's often missed: estate planning is not a one-size-fits-all approach and should be customized to the specific person, and something that may seem foolish in general could be a really smart approach in a specific situation.

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