A heart attack is predictable and preventable: The risk of a heart attack is measured at the waist

A heart attack is predictable and preventable: The risk of a heart attack is measured at the waist

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By Jorge Ramos, Director of Prinso Health Center

When a fatal heart attack occurs, it takes everyone by surprise even loved ones.  The reality is that the heart attack is actually predictable and preventable.

As more and more of the risk factors for heart problems are known in a person, a heart attack or real chance of having a heart attack can easily be anticipated.  This is something important to take into account. With data from the Texas Heart Institute, studies say that about one third of people who suffer a heart attack in the United States die before arriving at the hospital.

The main risk factors that develop cardiovascular problems and heart attacks are:

High pressure, high cholesterol, diabetes, smoking and overweight, the latter being the most relevant in terms of its close relationship with cardiovascular problems.  This is true even if the first factors were not present or were of low intensity.

Other influencing factors are: Male gender, lack of physical activity or a sedentary lifestyle, a history of cardiovascular disease in parents and siblings, age, which was previously over 65 years and now from 40 to 45 is seen increased risk.  And then there is a very relevant factor: stress.

Taking into account all the factors, both those that cannot be changed as those that can be changed, the most important factor in forecasting and in the prevention of a heart attack  is overweight.

Currently the cardiologists that measure the risk of cardiovascular problems in men, give much more importance to the measure of the widest part of the abdomen, than to the altering cholesterol levels or triglycerides.

Thus, a lot of the media today and based on the findings of experts from the World Health Organization, are saying that:  Today the risk of heart attack is measured at the waist.

If in men the widest part of the abdomen measures 94 to 102 cm, there is an increased risk of having a heart attack and if that measure goes beyond 102 cm or 40 inches, the risk is much greater and is practically only a matter of time before the person were to have a heart attack.

Due to the above information, a heart attack is predictable.

If the person with an enlarged abdomen is treated in a serious, formal and specific way the underlying problem of overweight, which is the service, approach and solution offered by Prinso Health Center, it can be said that from now on, the risk of heart attack and cardiovascular problems begins to decrease.  That’s why we say that heart attack is preventable.

The Prinso® Program is 100% natural and effective to specifically resolve the cause of overweight, increasing longevity, and quality of life for the benefit of ourselves & our loved ones.

You can book an appointment online at www.prinso.com or call Austin at 512 450 5150 or San Antonio at 210 547 8500 to start lowering the risk of a heart attack as soon as possible.


Demand Job Training

High Demand Job Training Program

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The Texas Workforce Commission (TWC) has dedicated one million dollars to support collaborations between Workforce Development Boards (Boards) and Economic Development Corporations (EDCs) to provide high-demand occupational job training in local workforce areas. Funds will be available through August 30, 2020.

The High Demand Job Training Program is intended to support Boards in partnering with local EDCs that use their local economic development sales taxes for high-demand job training. To achieve that purpose, TWC wants to enable Boards to collaborate with local EDCs and match their local economic development sales tax funds to jointly support the provision of such training. Funds are available to the Boards on a first come first serve basis or until funds are exhausted.

Boards may use Agency grant funding to support Workforce Innovation and Opportunity Act (WIOA)-allowable, high demand job training activities and related direct costs, including individual participant recruitment; skills assessment; job search skills improvement, job search, job referral; equipment; and minor renovation of facilities used for Program-related job training.

For more information on this program, click HERE.

Or contact  oeihighdemand@twc.state.tx.us.


How Small Business Owners Save on Taxes

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Provided by George Ellison with LegalShield®

By forming your own business, you may be able to lower your taxable income. Plus, you gain the flexibility to decide exactly how you want to file your tax return. In addition to be taxed as an S Corp., an LLC can choose to file as a sole proprietor or partnership to continue claiming your earnings as an individual or you can petition to file as a corporation for even more options.

There are many tax benefits that corporations may qualify for.

  • Potential tax savings based on your income bracket. Corporations are taxed at different rates than individuals.
  • Depending on your level of income, your earnings may be taxed at a lower rate for your business than they would be if claimed by you as an individual.
  • The option to pay yourself a fair salary, which can be deducted from your taxable earnings as a business expense.

You can also deduct the cost of doing business.

  • Operating a small business allows you to write off various expenses such as work computers, relevant software, employee salaries and even your internet and phone bills.
  • You can formally lease your own personal assets to your business to deduct the costs from your taxable income. This can include anything from property for an office space to a company car.
  • In many cases, you can even deduct the cost of forming your LLC. (Certain rules and restrictions apply. You can only deduct up to a $5,000 for this purpose).

Protect your assets.

There are several additional benefits to forming a business and lowering how much you pay in taxes is just the beginning. Properly utilizing a business entity can also help provide personal liability and asset protection. This added layer of protection is why it’s called a Limited Liability Company.

Find out more about how forming a small business can help you save.

This is not intended to be legal or tax advice. Please contact an attorney or tax professional for any legal or tax advice and assistance.

With LegalShield® Protection Plan get Access to a Team of Attorneys for only $24.95/Month. Contact George Ellison with any questions at gellisonm@aol.com .


Goal Setting for the New Year’s Marketing Efforts

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By Monica Peña with MUNDU Media, LLC

When communicating the value of services or products to potential customers and clients, there are several things to keep in mind to make sure your company is always moving forward.

Keep the consumer in mind. Efforts should always have the correct target audience.

Be realistic. Make sure to create goals that can be accomplished.

Incorporate action items in your schedule. Taking time to strategize on the requirements to make your goals achievable will make all the difference.

Determine how to measure outcomes. The benefit of creating metrics is to define which efforts have favorable results and which do not.

When needed, modify. Don’t be scared to adjust goals as needed.

Remember that goals should not be handled as something for the far off future, but should be worked on in a consistent basis and reflected upon with pride when accomplished.


When Should I Incorporate?

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Provided by George Ellison with LegalShield®

When it comes to incorporation, timing is everything. Incorporate too soon, and you may be stuck paying unnecessary fees and taxes, filing unnecessary reports, and just generally wasting your time and money. Incorporate too late and you could face unlimited liability. Here are some factors to consider when timing your incorporation.

Multiple Founders

No matter how well a business with multiple founders may start, there is always the potential for disagreement and, worse yet, dissolution. To avoid this, incorporation may be a good option. After incorporation, founders are limited to the number of shares purchased. This means that each founder’s investment in the company is determined simply by the number of shares owned. This eliminates the potential for disagreement based on the amount of investment in a company by the founders. Incorporating will also allow the founders to transfer shares without potential dissolution of the business. If property (especially intellectual property) is part of a business, incorporation is a wise choice to maintain the right of the business to that property rather than any individual founder.

Contract Agreements with 3rd Parties and Employees

Incorporation status can also impact the liability of the business to 3rd parties. Liability to a 3rd party in an unincorporated business points to the owner(s)/partner(s) and may remain there even after the business has incorporated. In this case, it is the timing of the agreement with the 3rdparty, more than the timing of incorporation, that matters. Here’s an example. An unincorporated business contracts with a 3rd party to purchase supplies. In this case, the owner(s)/partner(s) of the unincorporated business are liable for this purchase agreement, even if the business incorporates at a later time. Any employees hired by the business before incorporation could also be held liable for this agreement. However, employees hired after incorporation would not be held liable. For those employees hired after incorporation, liability would fall upon the business. For this reason, before an unincorporated business hires any employees, it is wise to consider the liability issues that may arise. Note that 3rdparties can also include customers of the business.

Of course, there are other factors which should be considered when deciding whether or not to incorporate. But the general rule of thumb is that once your business idea is more than just a twinkle in your eye, you should start looking at incorporation options.

Need to incorporate? Launch by LegalShield makes it easy.

Contact George Ellison with any questions at gellisonm@aol.com to get started today.


Advanced technology

Texas Industry Partnership Program

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The Texas Workforce Commission (TWC) has dedicated $1 million to address skills gaps and ensure a talent pipeline is available to address regional industry needs.  Private employers or corporate foundations can collaborate with Workforce Solutions to apply for funding for Workforce Innovation and Opportunity Act (WIOA) activities that support workforce development for six designated industry clusters.

About the Program

The Texas Industry Partnership (TIP) program supports collaborations between local workforce development boards and industry partners through the leveraging of matching contributions of cash or qualifying expenditures for occupational job training. Match funds must support certain WIOA activities and focus on six designated industry clusters:

  • Advanced Technologies and Manufacturing
  • Aerospace and Defense
  • Biotechnology and Life Sciences
  • Information technology
  • Petroleum Refining and Chemical Products
  • Energy

Allowable WIOA activities include:

  • training
  • mentoring
  • support services
  • skills assessments
  • cluster analysis

Funds are available through August 30, 2020. For more information click HERE. May also contact oeitexasindustrypartnership@twc.state.tx.us.


Business Name vs Trademark

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Provided by George Ellison with LegalShield®

Two things that you to be aware of as a business owner are business names and trademarks. You will have to register your business name with the Secretary of State. If there are no other businesses using that name in the state, then no other business in that state can take and use your business name, and your business is the one that will be identified under that name. A trademark is not a legal name but rather a type of property. It has value, and is a way for you to brand your goods or services.

Differences Between Protecting a Business Name and a Trademark

One difference between a business name and a trademark is time and complexity. A business name is a very simple matter. After all, it’s just that: a name, so that others can identify you and your business. A trademark, since it is a type of property and has value, will be a more complex process. The application process, whereby your trademark would be registered by the federal government, can take up to six months, or even longer. Part of why it takes so long is that there is so much more to look into with a trademark, enforced by both state and federal governments.

Another important difference is the scope of the protection. The protection of a business name is just in the state where it is registered. And different states have different rules about just how unique a business name has to be from any others that are registered in the state. In some, a subtle difference is enough, while in others there are much tougher guidelines to keep names from being too similar. Either way, though, a business name in one state does not have to differ from names that are registered in other states. By registering with the Secretary of State, no other business in the state can use that name, but other states are completely open. And it’s even possible for corporations to use a name that’s already claimed in a particular state so long as they file a DBA, assumed business name, or trade name (which one will depend on the state, of course).

With a trademark, however, you have exclusive property rights. If you own a trademark, then you can prevent anyone else from using it—anywhere—and trademarks can be used to cover not only business names but also logos, phrases, symbols, designs, images, or any combination thereof. What you trademark, called the mark, must be different from any other mark owned by another. Depending on the mark, it might be enough to change design elements such as fonts, colors, and images to keep the marks from being deceptively similar—as long as a mark does not decrease the value of an existing mark or cause confusion among consumers about the identity of the different marks.

You must apply with the US Patent and Trademark Office, which initiates an examination period lasting up to and beyond six months. After the examination period, where a number of procedural and substantive questions are studied and taken care of, your trademark then enters the next stage: a 30-day waiting period. During this period, other parties can challenge the proposed trademark by initiating an Opposition Proceeding. If you get through the waiting period and no challenges have been substantiated, then, finally, the trademark is registered.

Federal Tax ID

Another important step for your business is getting a Federal Tax ID number, or an Employer Identification Number (EIN). Whether you are a sole proprietor or a corporation, you need an EIN to legally conduct business. The IRS uses the EIN as a way to identify a business entity. Fortunately, the number is easy to get. There are multiple ways you can get an EIN from the IRS:

  1. Fill out Form SS-4 and return it by mail or fax to the IRS (the form is available at www.irs.gov)
  2. Fill out an online application, where you answer a series of questions about your business. Be aware, though, that you must complete the entire application in one session, so you have to have all your information ready when you fill it out.
  3. An authorized third party may apply for the EIN. The third party must be authorized by, depending on the business entity, the sole proprietor, the general partnership, or the corporation itself (not just a shareholder).

An EIN is included when you form your business with Launch by LegalShield.

Contact George Ellison with any questions at gellisonm@aol.com to get started today.


The Benefits of Incorporation

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Provided by George Ellison with LegalShield®

One of the most important decisions a business makes is choosing how it is organized. Incorporation may be wise, but for some, it may be unnecessary. Each business should carefully weigh the benefits and drawbacks of incorporation before choosing. The biggest benefits of incorporating are the 3Ls: Life, Liquidity, and Liability.

Life

A good way to understand a corporation is to imagine it as a separate “person” (with limited rights and privileges). Incorporating a business means creating that corporate “person,” making the business separate from the owner (in a sense, the business “lives” on its own). The corporation actually exists independent of its shareholders/owners and employees. The corporation itself continues to exist in perpetuity until and unless the directors and shareholders decide to dissolve a corporation. In a sole proprietorship or general partnership, the owner is synonymous with the business – what affects the owner might affect the business. The owner’s personal debt or liability could lead to creditors to pursuing the assets of the business regardless of whether or not the debt or liability is related to the business. An owner’s personal bankruptcy can also open up a business’s assets to any creditors the owner or partner is liable to. By incorporating, the personal finances of the owner or partner remain separate from the finances of the corporation, allowing the business to continue without disruption. In the event of an owner or partner’s untimely death, the business is generally dissolved regardless of the wishes of the owner or partner(s). All of this can be avoided simply by incorporating the business as a separate entity.

Liquidity

As much as we like to think that business owners should remain committed to the success of their business, there may be times when an owner or partner needs to leave the business. One big benefit of incorporation is that it allows the transferability of interest from one person to another. Generally, a partner cannot transfer his/her interest to another without the express consent of other partners. If a partner decides to leave the partnership against the will of the other partners, the partnership is automatically dissolved. Incorporating a business removes this limitation and lets shareholders/owners freely transfer their interest to another without the approval or consent of other shareholders. Some small businesses may see the transferring restrictions as a good thing to help control how a shareholder may transfer his/her interest and to whom. In that case, incorporation allows this flexibility as well. The free transferability of shares is a default rule, but by is not mandatory for all incorporated businesses. Businesses can place restrictions on the transferability of certain shares. Incorporation lets the business decide whether or not to take advantage of this option. More importantly, incorporation prevents a minority shareholder from being able to dissolve a business without cause.

Liability

One of the greatest benefits of incorporation is that it limits the liability of the shareholders. Any debt or liability against a specific shareholder remains separate from the corporation. The opposite is also true. Debts or liabilities against a corporation don’t open up the shareholders’ assets to creditors. A shareholder’s liability in any corporate debt is limited to what the shareholder invested, unless there is fraud. In a sole proprietorship or general partnership, the owner(s) and/or general partners are totally liable for any debt or liability against the business. If the business can’t pay the debt, the creditor can go after personal assets of an owner or partner until the debt is met. In a corporation, a creditor can only go after assets to the extent the shareholder is invested into the corporation. As a result, the corporation can make business decisions without endangering the assets of its shareholder, beyond the level of each shareholder’s investment. Risk is necessary and unavoidable in business. However, anything that minimizes investor risk will make a business more attractive to investors, so the limited liability aspect of business incorporation makes it a huge advantage for most business owners.

Taxes

The major detriment to incorporation is taxes. In a sole proprietorship or partnership, taxable income flows directly to the owner and/or partners and is taxed at the individual’s income tax level. However, the corporation is considered a separate entity, and therefore its income is taxed first under a corporate tax. If remaining income is distributed to shareholders, that income is taxed again based on the individual’s income tax bracket. This is essentially double taxation. The marginal tax rate for a corporation may also be significantly higher than the marginal rate for sole proprietors. Although this characteristic may deter a business from incorporating, double-taxation can be avoided by taking advantage of the options given to a corporation by various states. Two options include incorporating as an S-corporation or filing as a Limited Liability Company (LLC). As an LLC or S-corp, taxable income flows directly to the shareholders/members (without being taxed twice) while maintaining the benefits of incorporation. The 3Ls are important, but they are not the only benefits. There’s also a psychological benefit to incorporating that goes beyond the numbers or legal concerns. Incorporation can seem daunting, but it’s an exciting moment in the life of a business. Conceived as an idea, a business is born at the point of incorporation. This psychological step of seeing the business as a real entity will motivate and inspire you to greater achievement.

Reduced Chance of Tax Audit

Sole proprietors are more likely to file an incorrect tax return, as many are self-prepared. They also tend to under-report revenue and over-report deductions. In recent years the IRS has audited a higher percentage of sole proprietor tax filings than corporate filings. In tax year 2006 for example, a Schedule C filer had a 1 in 32 chance of being audited. For non-business filers, the odds were 1 in 124. It clearly shows that sole proprietors are a lot more likely to be audited.

Build Credibility

Establishing a professional identity helps increase credibility with your customers and sets you apart from the competition. Most businesses choose to incorporate to reinforce their legitimacy to customers and suppliers. Adding “INC.” or “LLC” after your business name adds credibility and professionalism that goes a long way with many customers.

You can certainly file all the necessary incorporation documents yourself. However, when you consider the time involved for filing, administering, and maintaining all of these documents, it makes sense to get help. Let us help you get it done, so you can spend time actually growing and running your business.

  • Forming a business with Launch by LegalShield is a cost-effective way to protect personal assets and gain potential tax savings.
  • Our incorporation services start at just $145 (plus required government fees).
  • Lawyers charge, on average, over $200 per hour. With our document filing services, you’ll know exactly what you are getting, and how much it will costs from the very beginning.

With Launch by LegalShield, it’s easy. 

Contact George Ellison with any questions at gellisonm@aol.com to get started today.


All Adults Need a Will, No Matter Your Stage in Life

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Provided by George Ellison with LegalShield®

Do you have a Will? Perhaps you don’t think you need one yet. When you hear the word “Will,” it probably conjures up an image of elderly grandparents dividing their possessions to make sure their loved ones get what they want after their deaths. It sounds like a lot of hassle that is only a concern for someone who has lived a long life. “Sure,” you may be saying, “I need a Will, but I don’t need it yet. I’ll get around to that later in life, when a Will is more important and more timely.”

Did you know that it isn’t just the elderly who need a Will? Anybody who has people they love and possessions they care about would benefit from creating a Will. In a Will, you can do much more than simply stipulate who gets what. Parents can provide for their minor children, adults can decide what will happen to their pets when they are gone, and even millennials can find great peace of mind in creating a Will.

Why young adults should consider having a will.

If you are a millennial, you are probably questioning that last statement. However, millennials need a Will just as much as any other age group. While they are full of energy, young adults love to travel around the country or even the world. They will have many thrilling adventures; they will also find that their risk of injury, illness and death greatly increases. A Will safeguards a millennial’s assets as they explore the world.

Even childless adults may have concerns beyond simply dividing their possessions. Many pet owners would do anything to ensure their pet’s safety after their passing. When you create a Will, you can include your furry friends and choose a pet guardian to love your furry friend like you do.

Treasures of both physical and digital natures can be included in a Will. You can decide where your prized possessions will go after your passing, even naming specific organizations if you wish to donate certain items. You can also make plans for your  social media accounts. It can be difficult for other people to get a social media account permanently taken down after an account owner’s sudden death. In a Will, you can take inventory of your digital assets and officially choose a trusted, tech-savvy person called a Digital Executor to take care of your accounts after you are gone.

A will is a must for expecting parents or those with small children.

“Okay,” you may say, “that’s all great for a millennial. But I’m a parent of young children. How does a Will come in handy for me?” Well, there are several ways.

For young parents, a Will isn’t just about taking care of their assets. It’s about taking care of their children as well. If parents leave their minor children without a Will, the local courts will usually appoint a family member to watch out for the kids. But what if that family member isn’t someone parents would want to care for their children? Parents can designate a trusted person to act as legal guardian for their kids – someone they know they can rely on to love and provide for their children.

If parents pass away without having a Will, their property and money might go directly to their children by state intestate law. But what is a minor child going to do with all that sudden responsibility? Many people prefer to leave their assets to their spouse or dedicated caretaker, who can then use it in the children’s best interests. If a parent has retirement accounts, they can designate beneficiaries for those accounts so that the funds can go directly to the people they name without probate.

Life insurance is another crucial option for parents to consider. This policy could replace the parent’s earnings for a few years, ensuring survivors have quick access to funds to support the rest of the family. Parents can lay out terms and conditions for this in their Will.

Update your will regularly.

Perhaps none of this applies to you. Maybe you are a senior adult who already has a Will, so you think you’ve taken care of all the necessities. However, there are a few things that senior adults might not know about when it comes to taking care of property and loved ones through their Will.

Did you know that Wills need to be updated? If a senior made their Will several years ago, it might not still be relevant. If some significant life changes have happened since the creation of that Will, it will need updated accordingly. For example, a divorce, remarriage, birth or adoption of a new child, and other big life changes are all reasons to update a Will.

Some senior adults believe they need to create a trust for their grandchildren to receive their money after their passing. Instead, adults can pick a trustee to manage the money for the grandchildren. They can decide at what age the grandchildren may come into possession of that money, and the trustee will pay it to the grandchildren when they reach that age.*

Creating a will has never been easier!

It is plain and simple: No matter what age you are, you need a Will. One of the greatest benefits to a LegalShield Membership is the ability to create a Will. August is Make-a-Will month, reminding you that now is the perfect time to complete your Will. If you do not have a Will or want to make revisions to your existing Will, lawyers from LegalShield’s dedicated provider law firms are here to help. LegalShield provides quick answers, professional consultation and further guidance to make sure your Will is everything you desire.  With LegalShield, members can easily start the process to create their Will and even have it updated annually. Learn More about the importance of having a Will and how LegalShield can help.

Disclaimer: The examples above are for illustration purposes only and are not actual accounts. These are intended to provide a general overview of LegalShield’s personal legal plan coverage. See a plan contract for complete terms, coverage, pricing, conditions and limitations.  This is not intended to be legal advice. Please contact an attorney for any legal advice or assistance. *Trusts are provided at a discounted hourly rate.

Contact George Ellison with any questions at gellisonm@aol.com to get started today.


Branding your business for success

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By Monica Peña with MUNDU Media, LLC

Does your business make a good first impression? Have been in business for a while and still seem to not attract the clients you desire? I see this too often with clients that have not invested any energy, money, or time in their brand. Branding is vital to the existence of your business or propelling you to the next level. Branding consist of your visual presentation, including your logo, color scheme, font, business name, and tagline.  Branding helps with perceived professionalism and creating an identity for your company.

Here is a few things to consider when creating your image.

  1. What colors are used in your industry and why? How do these colors make people feel?
  2. Define your key goals.
  3. Understand your target audience. What font and verbiage will attract this group.
  4. Project the correct content to create the persona for your company. This creates. personality and identity.

Once you have decided on the ideal branding for your company, make sure it is  consistent through your offline on online marketing efforts. Signage. social media, emails, web site, social media, and more.


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