Re: Spoke with Ken

[neal@puckettfaraj.com]

Thanks, Phil.  Let me know what would be a good time for us to chat  
about a general vs. specific amendment to his trust and tax  
implications.  I gather it would be helpful if he could give more  
specific guidance re:  who should and who should not share in the  
proceeds of the trust?  I'd like for you to educate me so I can  
explain it to him.
S/f,
Neal
Neal A. Puckett, Esq.
LtCol, USMC (Ret)
The Law Firm of Puckett & Faraj, PC
Washington DC - San Diego CA
www.puckettfaraj.com
888.970.0005


Quoting pgarnoldlaw@aol.com:

> Hi Neal:
>
> I spoke with Ken a little while ago and (as you said)  he wants you   
> to be designated as the beneficiary to, in affect, use your   
> discretion to disburse his estate amongst the Puckett kin "as you   
> see fit"  He says he trusts you implicitly and I believe him! I'm   
> also more than satisfied that he is of sound mind and fully knows   
> what he's doing.  I tried to get him to be more specific, but he   
> just didn't want be. I think he felt that he might inadvertently   
> exclude somebody by doing so.
>
> Do you have a general idea of whom he is probably talking about?    
> There are some tax issues to consider if he just leaves it up to you  
>  in terms that are too general. We should probably talk about that   
> before he actually executes the amendment.
>
> Anyway, I just thought I'd let you know he called me back. In the   
> meantime, I will start drafting the amendment so we can get this   
> taken care of ASAP, ie. next week?
>
> Let me know your thoughts.
>
> Phil