PART OF THE FAMILY UPHOLDING THE LEGACY OF KEYTL aw FAMILY ASSET PROTECTION MAR.2019
I’ve always been interested in business and helping people find success in their entrepreneurial endeavors. That’s why I got my master’s degree in accounting from Notre Dame University and became a Certified Public Accountant. While I enjoyed the work, I craved more interaction with people, so I graduated from Arizona State’s law school and became a lawyer in 2012. I’ve found that in the field of law, each client and project is unique. I learn something new every time I represent a client. My background in accounting has come in handy during my legal career. Assisting business owners with forming their limited liability companies is one of the main services we provide. I get to help our clients with income tax issues and get everything needed to properly form their new LLCs. I enjoy helping people establish new businesses. More often than you’d think, people will hire an online document preparation service like LegalZoom, which uses Arizona’s standard form Articles of Organization to form an LLC and a standard form Operating Agreement. We give our LLC clients a custom-drafted six-page Articles of Organization and a custom Operating Agreement that complies with current Arizona LLC law and the new LLC law that will take effect on Sept. 1, 2019. I know some families can’t work together, but I enjoy working with my father, Rick, my mother, Carol (our office manager), my sister Kate (our LLC legal assistant), and my uncle Norm (a litigator). We get along well and make a great team. It’s invaluable to have my dad as my mentor. He’s always willing to answer any questions I have and guide me in my work as an attorney. My dad and I collaborated to write our free estate planning book called “ Family Asset Protection. ” We each took responsibility for different sections and made a great resource for people who want to protect their most valuable asset: their loved ones. Our book tells you everything you need to know about wills, trusts, and other estate planning documents.
An estate plan is very important because if you don’t have one, your family can suffer financially and emotionally. As a probate attorney, I’ve seen too many estates where the deceased’s loved ones pay the price of the deceased’s failure to sign an estate plan. I represented the family of a man with a successful business who passed away without a will or a trust. The man’s lack of an estate plan had a detrimental effect on his business and family, as it caused a big loss in the total value of his estate and stress for his family members. I enjoy being a lawyer who helps people. I am passionate about helping small-business owners with the legality of their business and establishing their estate plans. I also form nonprofit corporations that become tax-exempt 501(c)(3) charities. Working with our charity clients is especially inspirational. Each of them is motivated and passionate about their causes, and they’re so thankful when we form their nonprofit corporation and get the IRS to approve the corporation as a charity. It’s very rewarding. When I’m not at the office, you’ll probably find me at the golf course or taking my golden retriever, Cody the KEYTLaw office dog, for a walk. Golf is a relaxing pastime for me. I’ve played it since I was young and enjoy the chance to get outdoors and decompress. It’s my pleasure to work with our clients. I look forward to helping you resolve your legal needs.
KEYTLaw 480-522-8494 keytlaw.com/fap/join Text FAP to 72000 to get our free estate planning book called “Family Asset Protection.” Are Your Loved Ones Protected? You need an estate plan to control your property while you are alive and able, take care of yourself and your loved ones if you become disabled, and give what you have to whom you want, the way you want, and when you want, while saving every tax dollar, professional fee, and court cost possible.
Until next time,
To get free access to the online e-book version of “ Family Asset Protection ” and learn how to protect your most valuable assets — your loved ones — text FAP to 72000 .
RATED E FOR EVERYONE WHAT DO RATINGS MEAN, AND HOW SHOULD YOU USE THEM?
EMPLOYEE SPOTLIGHT WHAT MICHELLE LOVES ABOUT WORKING AT KEYTL aw Once you get past all the combinations of numbers and letters, you as a parent might find that ratings for video games, movies, and TV shows provide helpful information. Couple the ratings with your own research and your own values, and put an end to worrying about what surprises may lurk in your children’s media. distinction is that TV-Y7 has been deemed appropriate for young children ages 7 and older. TV ratings can also have additional descriptors attached to them to explain what kind of content earned the rating. VIDEO GAMES: There are seven video game ratings: Early Childhood (EC), Everyone (E), Everyone 10+ (E10), Teen (T), Mature (M), Adults Only (AO), or Rating Pending (RP). These ratings provide consumers with more information about content. Again, as the age of the intended user increases, content progresses from allowing mild violence or suggestive content to adult themes. When choosing family entertainment, experts suggest using both the rating and the description of the media to make your decision since the rating systemmay not fully explain media content. For example, studies have found that a PG-13 movie can sometimes have just as much violence as an R-rated movie. Additionally, you may be fine with the content in a T-rated video game for a more developmentally advanced 11-year-old.
Despite guidance from ratings systems, it can be difficult for parents to discern what digital content is appropriate for their children. Learn more about ratings guidelines for common entertainment media and how to decipher that information so you can make educated decisions that work for your family. MOVIES: G-rated movies are considered suitable for all ages, whereas PG, PG-13, and R-rated movies are progressively less appropriate for kids because of violence, nudity, and language. Some ratings come with age limits; children who are under the age of 17 must be accompanied by an adult at R-rated movies. TV SHOWS: Due to laws that limit inappropriate content on public airwaves, TV rating systems follow unique codes. In the U.S., shows that are rated as TV-14 (content that is suitable for those ages 14 and older) can only air after 5 p.m. Meanwhile, TV-MA (content that is appropriate for mature audiences) can only air between 10 p.m. and 6 a.m. Most shows airing between the hours of 6 a.m. and 5 p.m. are rated TV-G or TV-PG. These are similar in content to their movie counterparts. Some television children’s shows will also be rated as TV-Y or TV-Y7, and their only
A s a legal assistant at our firm, Michelle is often the first point of contact for our clients. Her focus is on estate planning, but she’s always willing to help with anything our attorneys need support in. “Whatever needs to get done,” Michelle says enthusiastically of her job. This dynamic role has helped Michelle grow her confidence, knowledge, and skills. “I’ve learned a lot,” Michelle says. “It makes you comfortable talking to people. On top of that, listening to Rick and Ricky answer questions and explain processes to clients has helped me get to the point where I can help with most questions myself.” Michelle says the warm, welcoming nature of a family-run firm is a big factor in what makes working here so great. “Having the comfort of family around is really nice,” Michelle says. “You kind of become part of that because we’re such a small firm. It’s not your stereotypical firm. Ricky and Rick are easygoing. It makes doing clerical work easier and more enjoyable.” There’s another part of the culture here Michelle greatly enjoys. “It’s always nice having Cody the office dog here. He makes any job better,” she says. “He has quite the personality. We joke that he has great
comedic timing. He’s very calm, and he’s always been that way. He’s been coming here since he was 8 weeks old; now he’s 2. Clients often call and say how much they love him. He has a soothing presence.”
Cody isn’t the first animal to win Michelle’s heart. A lifelong animal lover, she grew up on a ranch surrounded by a variety of animals, including horses, pigs, and rabbits. “We call it ‘Par Five Ranch,’” Michelle says of her parents’ home. “Right now we joke that we’re under par because we have fewer animals than we’ve had in the past.”
Michelle brings a positive, hardworking, and genuine spirit to everything she does here. We’re so glad to have her on our team! Thanks for everything you do for us and our clients! 2 | Text FAP to 72000 to get our free estate planning book called “Family Asset Protection.”
PROTECTING YOUR ASSETS
Since we work with many small businesses, our clients are often
curious about the best way to protect their business and other assets. Once a business owner has their LLC in place, that is often their first question. We sat down with Cody Keyt, the KEYTLaw office dog, to learn more about what you can do to protect your most valuable assets in your business and beyond.
It’s important for everyone to protect their assets, and it’s especially important for business owners. What would happen if you weren’t able to run your business anymore? Help yourself and your family by having a plan in place that answers these types of questions. No one wants to think about it, but trust me, it’s worse to leave these matters for your family to take care of.
Hi there! I’m back this month to share some of the things I’ve picked up around the office — other than the mail, that is.
I’ve heard my dad, Ricky, talk a lot about how you can’t wait when it comes to protecting your business. By putting an asset protection plan in place, you help ensure your family members are taken care of without uncertainty after you pass and that your assets won’t be left to the state. Health care documents are a big part of creating this plan. They outline directions for what you want carried out if something were to happen to you. These are not things you’d want to leave a family member to deal with, and by putting your plan into writing, you help ensure your children or relatives won’t be tasked with making that difficult decision.
To learn more about this important topic, text FAP to 72000 to get a free copy of KEYTLaw’s estate planning book called “Family Asset Protection.”
Disclaimer: While Cody is very wise and loyal, he has not attended law school, and his suggestions should not be misconstrued as legal advice. Should you have follow-up questions from this article, reach out to one of the attorneys at our firm. However, if you are looking for friendly greetings or the mail, Cody is the best canine for the job.
OPENING DAY HAMBURGERS
TRAIN YOUR | BRAIN
• • • •
4 1/4-inch thick yellow onion slices
• • • • •
1 pound ground chuck, 80 percent lean 4 soft, white hamburger buns, split
1 teaspoon vegetable oil Salt and pepper, to taste Condiments of your choice
4 1/4-inch thick tomato slices
12–16 pickle rounds
4 small leaves iceberg lettuce
continue cooking until desired doneness, about 1 more minute per side for medium- rare, 2 more per side for medium-well.
1. Lightly grease a small nonstick skillet with oil. Heat over medium-high. 2. While heating, gently shape meat into four patties 3 1/2 inches in diameter. Be careful to handle the meat as little as possible to prevent tough burgers. Season liberally with salt and pepper. 3. Sear patties on each side, about 1 minute per side. Reduce heat to medium-low and
4. Let meat rest for a minimum of 3 minutes.
5. To assemble, place patty on bottom bun and top with tomato, pickles, lettuce, and onion (in that order). Spread condiments on top half of bun and place on top of onion. Serve. | 3
Richard Keyt KEYTLaw, LLC
PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
7373 E. Doubletree Ranch Road, Suite 165, Scottsdale, AZ 85258 480-522-8494 keytlaw.com/fap
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1. GET TO KNOWRICKY KEYT 2. UNDERSTANDINGMEDIA RATINGS MEET OUR AWESOME TEAM 3. CODY KEYT, LAWDOG OPENING DAY HAMBURGERS 4. 3 GREAT OPENING DAYS IN BASEBALL
PEANUTS AND CRACKER JACKS THE BEST OPENING DAYS IN BASEBALL HISTORY
pros, both from fans and teammates, was palpable. Still, as well- known sportscaster Howard Cosell said, “Suddenly, it was a new beginning.” LOU, COMBS, AND BABE — OH MY! Considered one of the best teams in baseball history, the 1927 New York Yankees started their historic run and 25th season by dismantling the Philadelphia Athletics with a score of 8–3. The slugfest was true to form for the 1927 Yankees, whose players would go on to make up baseball’s famous “Murderers’ Row.” With sluggers like Lou Gehrig, Earle Combs, Babe Ruth, Mark Koenig, Bob Meusel, and Tony Lazzeri, it’s no wonder this team went on to win its fifth championship that year. THE HAMMER TIES BAMBINO For decades, no one could match George Herman Ruth. The Great Bambino’s all-time home run record seemed like an impossible feat of strength — that is, until Henry “Hammerin’ Hank” Aaron came along. On opening day, April 4, 1974, Aaron smashed his 714th homer, tying Babe Ruth for the most home runs ever hit and extending the Atlanta Braves’ shutout lead over the Cincinnati Reds. A few weeks later, Aaron surpassed Ruth’s record, prompting a standing ovation from the crowd.
Baseball’s opening day has been an American holiday of sorts since the
Cincinnati Red Stockings threw out the first major league pitch in 1869. To celebrate the start of
the 150th season of professional baseball, here are three of the best opening days in baseball history. A NEW BEGINNING On April 15, 1947, an opening-day game
changed the course of Major League Baseball. On this day, Jackie Robinson started for the Brooklyn Dodgers, becoming the first African- American player to start for a major league baseball team. Robinson’s historic showing was lackluster, going 0-for-3 at the plate and making a solid showing on the infield at first base, but his mere presence in a Dodgers uniform had already broken history. Despite his nationally- recognized skills — Robinson was named MVP of the MLB farm team league in 1946 — the backlash that followed his rise to the
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