Check out our June edition!
Notes From The Field
June 2023
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A Guiding Light
How Coaches Improve Performance
picture through listening. We take the time through multiple conversations to understand your goals, hopes, and dreams.
In today’s competitive world, it’s more important than ever to have a coach. From sports to business, many individuals have recognize the benefits of working with one to achieve their goals. A coach is someone who helps individuals identify their strengths and weaknesses, set goals, and develop strategies to achieve them. It is an ongoing partnership of shared understanding and constant improvement. There are many reasons why each of us needs a coach. One of the primary benefits is how they can provide you with an objective perspective. It can be easy to become stuck in our own thought patterns and limiting beliefs. A coach can help you identify issues and develop strategies to overcome them. Their feedback and constructive criticism can help you improve. It’s also helpful to have someone work through hard times and good times with you. Another important benefit of working with a coach is accountability. When we set goals for ourselves, it can be easy to get sidetracked or lose motivation. A coach can help you stay on task by reminding you of what you’re working toward. A good coach will establish goals with you, which can be especially helpful when you are working on a long-term project. For example, the Field Law team helps ensure you don’t lose sight of the big
A coach can also help you identify your strengths and weaknesses. Often, we are not fully aware of our own abilities and limitations. An objective assessment can be invaluable when you are trying to achieve a specific goal, as it can help you develop a plan that is tailored to your unique skills. A coach can help you develop new skills, too. They provide you with the guidance and support you need to grow and take your performance to the next level. Perhaps one of the most important benefits of working with a coach is that they can help you stay motivated. When we are working toward a goal, it can be easy to become discouraged or lose momentum. A coach can help you remain driven by providing you with encouragement and support, as well as develop strategies to overcome any obstacles that may arise. In other words, a coach can help you achieve your goals more quickly and efficiently. When we are working toward a goal on our own, it can be easy to get bogged down in the details or become overwhelmed by the scope of the project. A coach can help you break your goals down into manageable tasks, develop a plan of action, and stay focused on what needs to be done for the best possible outcome. Even the most successful people in the world have coaches. For example, Oprah Winfrey has a life coach, Serena Williams has a tennis coach, and Michael Jordan had a basketball coach. Those coaches helped these high-performing individuals become their best and reach new heights of success. I have a coach in the areas of my work, estate planning, and financial services to help me and my team provide the best service to you, our clients. So, if you are looking to take your performance to the next level, consider working with a coach today. Finally, if you need help meeting your financial or estate planning goals, don’t hesitate to reach out.
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Preserving Your Digital Legacy
you can designate a contact to access your information should you pass away before giving them the password. A key change in this digital age is the storage of information in cloud servers. Your cloud accounts are a treasure trove of important documents, notes, photos, and videos. It is these highly personal documents and data that can be incredibly meaningful to your loved ones and also vital for ensuring your wishes are carried out exactly how you specified. One great way families and friends stay connected is through one of the many social media platforms! For some, services like Instagram, Facebook, and TikTok have become catalogs of memories worth preserving. Several of these platforms make it possible to memorialize someone’s page, which protects the photos and posts for a trusted person to manage on their behalf.
We live in a highly digital world, and with that comes great benefits for storing information and building personalized time capsules of photos, videos, and notes. People can stay in contact with friends and family members across great distances and continue to build those relationships. As our lives become increasingly digital, it’s important to consider how you will make this legacy you are building accessible to your loved ones once you pass away. It’s no secret that most institutions store customer information through email, web portals, and other online services. If you think keeping track of your passwords can be a struggle, imagine the difficult situation your family will be in trying to guess what it is without assistance. Using a password manager is the perfect solution to this problem! Not only does it store all your passwords in one place only requiring you to remember a single master password, but
Regardless of how frequently you use online services, putting a plan in place so your family can manage your digital assets is a vital piece of protecting your legacy. For more information and recommendations on specific services, check out the article “Before You Die, Secure Your Digital Life” by Julie Jargon on the Wall Street Journal.
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SPECIAL NEEDS TRUST CREATES OPTIONS Safeguard Assets for Family Members With Disabilities We create estate plans to protect our loved ones, and family members with disabilities are often most susceptible to financial difficulty. But safeguarding their futures is not always as simple as leaving a lump sum behind. An improperly structured estate can ultimately harm your loved one more than it helps, but a special needs trust will support and improve their lives. Many people with disabilities in the U.S. receive government assistance. But programs like Supplemental Security Income (SSI) or Medicaid have strict eligibility requirements. For example, an SSI recipient cannot own more than $2,000 in assets. Therefore, even relatively small gifts can affect their qualification for benefits.
Inspired by TheSpruceEats.com SEAFOOD PASTA SALAD
Ingredients
• ½ cup chopped red peppers • ½ cup diced onions • ½ cup shredded carrots • 2 cups halved cherry tomatoes • ½ cup of Parmesan cheese (optional)
• 4 cups fusilli noodles • 2 cups crab meat or shrimp • 2 cups shredded cheddar cheese • 2 cups ranch dressing • 1 cup frozen peas, thawed • ½ cup chopped green peppers
Directions 1. In a large pot, bring the fusilli noodles to a boil and cook until al dente, then drain. 2. In a large bowl, combine noodles, crab or shrimp, cheddar cheese, ranch dressing, peas, green and red peppers, onions, and carrots, then mix together gently. 3. Refrigerate the pasta salad for 3–4 hours. If salad is dry upon removing from refrigerator, add more ranch dressing. 4. Once you’re ready to eat, top salad with tomatoes and Parmesan cheese if desired.
A special needs trust holds funds for your loved one without impacting their eligibility for government programs. A person can fund the trust with as many or as few cash or property assets as they’d like. A special needs trust will grant your family member additional resources without restricting their access to otherwise costly support services, medical care, or housing. Under a special needs trust, your loved one with a disability is a beneficiary, and they will not have direct access to the trust. You must also designate a trustee, a third party who controls and distributes the funds. Depending on your situation and preferences, the trustee can be a trusted family member or a third-party paid administrator. The trustee cannot give cash directly to the beneficiary but can use the assets to purchase items and services to improve their quality of life. Many people use special needs trusts for out-of-pocket medical expenses, a home, bills, or recreation. A special needs trust can even fund a vacation for your loved one! Ultimately, the trustee has fiduciary responsibility and is legally obligated to act in the beneficiary’s best interests. Special needs trusts can be complicated, and people making their estate plans have options between multiple types of trusts. A mistake can cost a loved one dearly, so it’s always wise to speak to an experienced estate planning attorney to understand your options. They can confirm a special needs trust fits your goals and will draft all necessary documents correctly to ensure your wishes are fulfilled.
TAKE A BREAK
Beach Burgers Cycling Father Juneteenth Music
Pearl Pride Refugee Sailing Solstice Waterski
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818-369-7900 FieldLawPC.com
P.O. Box 8306 La Crescenta, CA 91224 INSIDE THIS ISSUE
Do You Need a Coach?
What Is Jeff Listening To? Make a Plan Concerning Passwords
Seafood Pasta Salad
Special Needs Trust Creates Options
The History of the Statue of Liberty’s Arrival
Behind the Landmark’s Journey to U.S. Shores Lady Liberty Lands in America
for the statue because he imagined the figure welcoming people to America. Intended as a gift for the United States’ 100 years of independence in 1876, construction did not begin until that year due to funding issues. Even with the help of engineer Gustave Eiffel of Eiffel Tower fame, the project was a massive undertaking that took years for workers to complete. Titling it the Statue of Liberty Enlightening the World, its creators presented the finished monument to the U.S. Minister to France on Independence Day 1884, then disassembled it for shipping. On June 17, 1885, France’s gift arrived in more than 200 cases. But unfortunately, the United States wasn’t ready. Again facing a budget shortfall, the U.S. had not yet completed the pedestal to support the statue. When workers finally finished that last piece in 1886, a construction crew of mostly new immigrants reassembled the monument. Lady Liberty debuted to the public on Oct. 28, 1886, and she was an instant hit. Originally shiny like a new penny, the copper statue took less than 20 years to oxidize from the elements and gain the distinctive green hue it has today. Despite her French origins, the Statue of Liberty is now as American as apple pie, and her unmistakable image continues to represent the country’s values of freedom for all.
It’s hard to imagine the United States without its most iconic landmark, but the Statue of Liberty didn’t arrive on our shores until more than 100 years after the American Revolution ended. The torch-bearing monument so closely associated with our nation finally reached its home in the U.S. in May 1885 — but it arrived unceremoniously in 350 pieces.
Contrary to widespread assumption, the Statue of Liberty did not celebrate America’s founding. Edouard de Laboulaye was a French anti-slavery advocate who wanted to give the country a statue representing freedom as the Civil War ended. He conceived of the sculpture in 1865 to mark the recent abolition of slavery. Laboulaye and sculptor Auguste Bartholdi decided on Lady Liberty because she was a familiar icon in U.S. culture, and a similar image appeared on American currency. Though invisible from most viewing angles, the statue has a broken shackle by her feet, representing a move toward freedom.
Bartholdi chose Bedloe’s Island, now known as Liberty Island, as the ideal site
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