| QUOTES from
the
Masters... |
| On Stewardship |
On Stress Management |
| "Don't
be afraid to give your best to what seemingly are small jobs. Every time
you conquer one it makes you that much stronger. If you do the little jobs
well, the big ones tend to take care of themselves." -- Dale
Carnegie
"If
you wish to have power and influence over the many, be faithful (disciplined)
when there is just a few. If you have a few employees, a few distributors,
a few people, that's the time to stay in touch and be totally absorbed
– when there is just a few." -– Jim
Rohn
"Use
what talents you possess; the woods would be very silent if no birds sang
except those that sang best." -- Henry Van Dyke
|
"If
you are distressed by anything external, the pain is not due to the thing
itself but to your own estimate of it; and this you have the power to revoke
at any moment." -- Marcus Aurelius
"I
am more and more convinced that our happiness or our unhappiness depends
far more on the way we meet the events of life than on the nature of those
events themselves." -- Karl Wilhelm
Von Humboldt
"Stress
comes from within; it is your reaction to circumstances, not the circumstances
themselves." -– Brian Tracy
|
 |
Durable Power of Attorney |
|
|
What Is a Power of
Attorney?
A power of attorney is a written
document in which one person -- the principal -- authorizes another person --
the attorney-in-fact -- to act on the principal's behalf.
The authority granted by a power
of attorney depends on the type:
General Power of Attorney: The
authority granted is very broad...the attorney-in-fact is granted essentially
the same legal authority held by the principal. This means that the attorney-in-fact can exercise such powers as
making gifts, buying and selling assets and filing tax returns on behalf of the
principal.
Special Power of Attorney: The
authority granted to the attorney-in-fact is limited to those powers
specifically defined in the document.
The authority granted by both a
general and a special power of attorney is typically limited to acts performed
on behalf of the principal while the principal is competent, which brings us to
a third type of power of attorney:
Durable Power of Attorney: The
attorney-in-fact is authorized to act on behalf of the principal even if the
principal becomes incapacitated. In
fact, a durable power of attorney can become effective immediately, or it can
become effective only if the principal later becomes incapacitated.
Why Should You Consider a
Durable Power of Attorney?
In the event of future
incapacitation, a durable power of attorney can be particularly useful in:
- Estate Planning/Management: The attorney-in-fact
acquires the authority to implement an estate plan and manage the principal's
estate during a period of incompetence.
- Daily Living: A durable power of attorney can
give the attorney-in-fact the authority to manage such practical issues as
making living arrangements for a disabled person and paying the bills.
As with any legal document, legal advice should be obtained
before entering into a power of attorney.
|
| MESSAGES
from
the Masters... |
MAKE YOUR LIFE AN EXPERIMENT by Steve Goodier
Do you experiment with new attitudes and new behaviors? Do you
constantly try to improve your skills? Do you make your life an "active
science"? It is not hard to see what can happen when we refuse to
improve ourselves.
Do you know who set the standard for fine watch making for most of the
20th Century? If you answered, "The Swiss," you are correct. Swiss
wristwatches dominated world markets for at least 60 years and Swiss
companies were committed to constant refinement of their craft. It was
the Swiss who came forward with the minute hand and the second hand.
They led the world in discovering better ways to manufacture the gears,
bearings, and mainsprings of watches. They even led the way in
waterproofing techniques and self-winding models. By 1968, the Swiss
made 65 percent of all watches sold in the world and laid claim to as
much as 90 percent of the profits.
Now...which country sold the most wrist watches in the 1980s? The
answer is Japan. By 1980, Swiss companies had laid off thousands of
watchmakers and controlled less than 10 percent of the world market.
Their profit domination dropped to less than 20 percent. Between 1979
and 1981, eighty percent of Swiss watchmakers lost their jobs.
Why? The Swiss had refused to change the way they traditionally
designed watches and utilize the less expensive and more accurate
Quartz crystal. (Quartz movement, ironically, was invented by a Swiss.)
They did not seriously experiment with a radical new way of designing
timepieces.
Our lives are not so different. Without constant experimentation --
daily growth and change to become the best we can be -- our old
attitudes, behaviors and skills will no longer work for us. The old
ways of thinking and doing will be about as relevant as a grandfather
clock on a space shuttle. We need to experiment and improve. We need to
turn our lives into an active science.
"Twenty years from now you will be more disappointed by the things that
you didn't do than by the ones you did do," wrote Mark Twain. "So throw
off the bowlines. Sail away from the safe harbor. Catch the trade winds
in your sails. Explore. Dream. Discover."
Make your life an experiment...and something wonderful can happen!
|
We
don't want to add to your e-mail clutter! If you do not enjoy
my
newsletter, just reply to this e-mail and ask to be removed or call my
office. Thanks!
The purpose
of this newsletter
is to provide information of general interest to our clients, potential
clients and other professionals. The information provided is
general
in nature and should not be considered complete information on any
product
or concept described. For more complete information, please
contact
my office at the phone number above. Published by The Virtual Assistant; © 2011 VSA, LP
|
