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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fined nearly

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Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 1: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security.

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Speaker 3: All right, guys, welcome back episode thirteen thirteen weeks in unbelievable.

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Speaker 3: So first and foremost, we want to thank you guys

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Speaker 3: for your continued support. Our growth is tremendous on our

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Speaker 3: audio platforms and his YouTube as well. Don't forget to

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Speaker 3: subscribe to our YouTube channel. And yes, yes, yes, don't forget.

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Speaker 3: We got the merch up as well. Our merch shop

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Speaker 3: is doing well. We have some new items, crap top

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Speaker 3: hoodies for the ladies. We have dad hats. You got

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Speaker 3: a whole collection.

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Speaker 4: It's like an on demand service. Tell us what you wanted,

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Speaker 4: We'll make it for you.

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Speaker 3: Yes, yes, yeah, so all right, Uh, you know this

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Speaker 3: is kind of like a school college almost in a sense. Yeah,

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Speaker 3: better than so, you know, we we want to give

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Speaker 3: you guys all the tools that you need to be

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Speaker 3: successful in business. And what's been coming up recently we

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Speaker 3: posted on Instagram is, uh, you know, intellectual property cases. Right,

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Speaker 3: So we look at card E B and she trademarked

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Speaker 3: her signature line you want to say.

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Speaker 5: The line I gotta say it, so she trademarke.

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Speaker 3: She trademarked that. Then we had the Jordan logo, the

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Speaker 3: jump Man logo. That was an interesting situation where the

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Speaker 3: original photographer of that photo sued Nike because they pretty

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Speaker 3: much kind of copied his photo some people think they did, yeah,

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Speaker 3: and he lost the lawsuit on that, and then we

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Speaker 3: also have the Fortnite case right where Fortnite, if anybody

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Speaker 3: is not familiar, it's the most popular video game in

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Speaker 3: the world right now, and they do all these different

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Speaker 3: dances and the creators of these dances were never converensated

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Speaker 3: for it, so they sued Fortnite and it's actually still

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Speaker 3: in litigation, but it's pretty complicated. So it's one thing

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Speaker 3: to be a creative and to create, right it's another

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Speaker 3: thing to actually own what you create and to be

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Speaker 3: able to make money off of it. So we're going

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Speaker 3: to talk about today is intellectual property, licensing, copyright, trademark,

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Speaker 3: all that stuff. So we thought what better way to

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Speaker 3: go into this conversation but to bring an expert in

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Speaker 3: the field. So we have an attorney to being Franco.

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Speaker 3: Thank you for coming. Yes, she is a superstar attorney.

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Speaker 3: She has her own law firm. She has her own

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Speaker 3: law firm called the Franco Law Firm. And that's another

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Speaker 3: thing we do with the show too. We want to

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Speaker 3: bring like the best of the best and professional and

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Speaker 3: to highlight them and to give We don't want to

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Speaker 3: just talk, we want to actually, you know, bring people

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Speaker 3: that are experts in the field and let them, you know,

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Speaker 3: add into the conversation. So that's what we're doing. And

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Speaker 3: then she's also fresh off tour with dj MV.

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Speaker 6: All right, I'm gonna take you everywhere I go.

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Speaker 3: Yes. So, if anybody doesn't know, dj MV is heavy

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Speaker 3: in real estate right now, and he has real estate

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Speaker 3: courses that he offers all throughout the country, and he's

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Speaker 3: put together a real estate dream team of mortgage brokers, attorneys,

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Speaker 3: all kinds of different people that are related to the

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Speaker 3: real estate industry. And she is one of the people

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Speaker 3: that are on tour. So you are very lucky to

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Speaker 3: have her give you some free game today. So thank

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Speaker 3: you for coming.

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Speaker 6: We appreciate thank you so much.

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Speaker 3: Yes. Yes, so we're gonna jump right into it. Troy Willing, So.

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Speaker 5: I mean, obviously you're gonna share your expertise, and a

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Speaker 5: lot of.

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Speaker 4: Us are novices in this field, so pretty much.

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Speaker 5: What is the difference between a pat a copyright, and

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Speaker 5: a trademark.

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Speaker 7: Let's start there, Okay, So patent, copyrights, and trademarks are

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Speaker 7: all intellectual property.

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Speaker 6: And what intellectual property is. It's like something that you.

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Speaker 7: Create with your mind, right, It's like a creative expression,

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Speaker 7: and those different areas are areas that you could create

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Speaker 7: you could protect your your creative expression, right. So a

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Speaker 7: patent is a protection that you get for an invention.

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Speaker 7: So if you have something that's new, that's innovative, that's

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Speaker 7: going to change the way that people you know, live

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Speaker 7: and work technology, those things are patentable and they're very technical, right,

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Speaker 7: so you actually need to be a patent attorney to

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Speaker 7: practice patent law. But those things are going to patent

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Speaker 7: are going to protect inventions. Copyrights are going to protect

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Speaker 7: literary works. So certain things that you that you create,

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Speaker 7: but it has to be expressed so it can be

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Speaker 7: an idea. So intellectual property can't be an idea. You

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Speaker 7: can't protect an idea, so you have to like express it.

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Speaker 7: So if it's a writing a story, you got to

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Speaker 7: write it down. If it's a song, you have to

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Speaker 7: write the lyrics or you could record the music. If

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Speaker 7: it's art, you got to draw, you know, it has

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Speaker 7: to be drawn or whatever. It has to be expressed

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Speaker 7: so somebody.

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Speaker 3: Could that's that's for trademarks, that's for copy copyright, trademarks.

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Speaker 7: And trademark is basically it's gonna gonna bring somebody.

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Speaker 6: Back to the source of a good or service, right,

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Speaker 6: So it.

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Speaker 7: Represents your business, your brand, and it's gonna put the

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Speaker 7: public on notice to know like where to go for

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Speaker 7: that particular product or item. So there's two reasons. One,

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Speaker 7: you want to protect your your sort of like your work. Right,

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Speaker 7: So you create something, you have a business, you put

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Speaker 7: all the sweat equity into it, and you have like goodwill.

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Speaker 7: You know, as your brand grows, they expect a certain quality,

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Speaker 7: is a certain standard from your brand. So you want

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Speaker 7: that to be protected so you can make money off

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Speaker 7: of it. And then the government, the Copyright Trademark Office,

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Speaker 7: they want to make sure that somebody gets hurt from

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Speaker 7: your product on your service, that they know who to

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Speaker 7: go to for that, right.

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Speaker 3: So like the Fortnite when they were trying to do

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Speaker 3: the dance moves, that's a copyright issue, right, yes, And

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Speaker 3: it's a copyright issue because I just want everybody to

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Speaker 3: understand because legal jargon can be a little confusing, yeah, right,

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Speaker 3: and even for like I'm in business and I'm kind

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Speaker 3: of confused by like copyrights and trademarks. So all right,

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Speaker 3: So well, the dance moves is a copyright because that's

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Speaker 3: something that it's like a physical thing that they made up, right.

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Speaker 7: So they like they created it and it's yeah, something

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Speaker 7: like physical that they did.

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Speaker 6: It's like a creative expression.

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Speaker 7: Like choreography, you know, dance moves, And there's going to

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Speaker 7: be an issue even with that when they go to

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Speaker 7: copyright those because from what I understand, all fonds of

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Speaker 7: very so he already got denied because they said it's

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Speaker 7: only three moves, like it's not enough to be choreography.

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Speaker 6: And I I think that's gonna that's gonna sort of.

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Speaker 7: Change the way the law is because like now everything

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Speaker 7: is media, everyone has a camera, everyone's like creating dances,

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Speaker 7: doing all this type of stuff that has to be

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Speaker 7: protected somehow.

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Speaker 5: So like when black Boy JB he does that move

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Speaker 5: and the kids just recreated that's not really choreography what

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Speaker 5: they're saying.

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Speaker 7: Yeah, so that that that's going to be an it'

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Speaker 7: I think that's an issue that's up for discussion.

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Speaker 3: And then all right, so then so then so then

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Speaker 3: the trademark, like the Jordan logo, that's a trademark, right.

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Speaker 7: So in that case they sued for copyright because the

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Speaker 7: person who took it was a photographer, So photography, it's

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Speaker 7: it's a picture that's going to be something that's going

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Speaker 7: to be copyrightable, so they're suing for the photo that

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Speaker 7: that what was it that Nike did the comparable comparable photo,

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Speaker 7: but also comes into question because now they use that

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Speaker 7: as a logo. Right, But he lost because they said

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Speaker 7: it's really not substantially.

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Speaker 3: Yeah, And it's interesting. I think they said that the tracksuit,

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Speaker 3: it was the backdrop in the picture. The track suit

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Speaker 3: and the photos are slightly different. And it's interesting too

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Speaker 3: because people were saying, well, you can't take credit for

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Speaker 3: an image, but you actually can though, because I remember

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Speaker 3: when Cameron had the album. I don't know if you're

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Speaker 3: a Cameron fan, but we're Cameron fans. Yeah, an album

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Speaker 3: called SDE a while ago, and the logo was the

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Speaker 3: NBA logo, which is Jerry West, but instead of like

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Speaker 3: the basketball, it actually had like a firearm in his hands.

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Speaker 3: So the NBA wasn't too happy about that, so they

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Speaker 3: shut it down and he couldn't use it. So it's

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Speaker 3: just interesting to see that. You know, somebody can come

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Speaker 3: up with an idea, but if they don't actually do

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Speaker 3: the right legal steps to somebody else can kind of

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Speaker 3: take the idea and now they own it.

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Speaker 6: Right, And that's what's been happening for years.

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Speaker 7: Like people who are ignorant to this type of protection

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Speaker 7: that it exists. They just create stuff and people who

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Speaker 7: know they take it. And you know, just like all

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Speaker 7: of the artists that came like you know in the eighties, nineties, sixties,

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Speaker 7: like they didn't know that they had an actual, you know,

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Speaker 7: asset that someone else is making money off.

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Speaker 3: And that's what we want to really because especially in

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Speaker 3: our community, like we're very creative, we're creative people, but

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Speaker 3: we don't always understand the business side of things and

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Speaker 3: how to monetize it in the legal steps to take.

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Speaker 3: So like you said, I mean, we'll make it and

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Speaker 3: create it and then somebody else will take it and

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Speaker 3: now they actually own it, right. So if somebody wants

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Speaker 3: to actually go about setting it up right, like what's

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Speaker 3: the steps of legally copywriting something or trademarking or if

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Speaker 3: they don't know the difference, should they do it via

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Speaker 3: a lawyer? Can they do it themselves online? What's your advice?

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Speaker 7: Okay, So, well, one, I have to give a disclaimer,

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Speaker 7: so for anybody who's listening, what I say is.

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Speaker 6: For information only. I'm not your lawyer unless.

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Speaker 3: You've hired me.

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Speaker 6: Let's have to say that. But so if they want to.

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Speaker 7: So the thing is, you should always hire a lawyer

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Speaker 7: because just with anything, like if there's somebody who's an

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Speaker 7: expert in the field, you want to kind of rely

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Speaker 7: on that person's expertise for nuances and things like that.

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Speaker 6: But that being said, you can do it yourself.

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Speaker 7: Like for copyrights, you could go on copyright dot Gov

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Speaker 7: and you kind of they make it really easy for you.

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Speaker 7: So they kind of lay out what are you trying

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Speaker 7: to copyright? Is it you know, music, is it a

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Speaker 7: book or something?

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Speaker 4: Is it?

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Speaker 7: So they give you the options and then you select

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Speaker 7: and they kind of walk you through the application process

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Speaker 7: and you could kind of click on stuff that will

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Speaker 7: give you like explanations like if you're confused as to

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Speaker 7: what they're asking.

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Speaker 6: So that's that with copyright.

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Speaker 7: With trademark it's a little bit more technical. So again

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Speaker 7: I do think you should get a lawyer, but their

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Speaker 7: website has tons of videos on how to do it.

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Speaker 6: It gets overwhelming.

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Speaker 7: But if you feel like, you know, I want to

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Speaker 7: protect my stuff and I just don't have the money

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Speaker 7: to invest in an attorney, they have videos that you

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Speaker 7: could look at, and it's also sort of like you

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Speaker 7: could you could be walked through the process, but the

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Speaker 7: search is a little more tricky because it's just so

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Speaker 7: much to go through and their website is not really

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Speaker 7: set up to give you like comprehensive results, like you

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Speaker 7: could type in Starbucks with two s two s's at

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Speaker 7: the end, you know, two s's at the end, and

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Speaker 7: nothing will come up, you know what I mean. So,

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Speaker 7: but if you put it you know exactly how it's spelled.

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Speaker 7: Of course tons of stuff will come up, but you know,

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Speaker 7: so that's how you can see how it's not that,

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Speaker 7: you know, it's not that easy for someone who is

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Speaker 7: just a lay person to do it, but it's possible,

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Speaker 7: you know what I mean.

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Speaker 5: Okay, speaking speaking of a trademarks, we actually behind the scenes,

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Speaker 5: we're talking about a trademark case that people may be

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Speaker 5: not familiar with, but it involves some like a high

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Speaker 5: profile person, Jay Z versus Iconics And for those who

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Speaker 5: don't know what who are Iconics brand is? They're actually

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Speaker 5: the company he sold Rockaway too. You want to touch

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Speaker 5: on that a little bit.

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Speaker 7: Yeah, sure, So Jay Z sold his Rockaway brand, his

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Speaker 7: clothing brand to Iconics, right, and they're like a big

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Speaker 7: clothing company.

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Speaker 6: They own a bunch of different you know, clothing lines.

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Speaker 7: And so they ended up suing jay Z because he

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Speaker 7: has rock Nation and they're like, well, you sold us this,

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Speaker 7: you know, it hadds some value to it, and now

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Speaker 7: you're still using it essentially like you're using rock Nation,

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Speaker 7: so and that that brand is already associated with you,

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Speaker 7: so it's diminishing our value.

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Speaker 6: And so they.

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Speaker 7: Had a lawsuit, you know, and they were going back

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Speaker 7: and forth and they actually.

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Speaker 4: Ended up in the arbitration.

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Speaker 3: Yeah.

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Speaker 5: So the arbitration the arbitration process is like the really

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Speaker 5: crazy part of the story because during that process he

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Speaker 5: finds out that hey, there's no diversity in the arbitrators

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Speaker 5: and he like files a suit.

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Speaker 4: For that and he wins yes, and yeah so.

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Speaker 7: He so so okay, arbitration process is sort of like

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Speaker 7: an outside of court process.

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Speaker 3: I was going to say, because people that might not

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Speaker 3: know what arbitration is.

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Speaker 7: Yeah, so in most contracts, especially like when it comes

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Speaker 7: to business, there's going to be an arbitration clause. So

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Speaker 7: they don't want to have to go to court like

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Speaker 7: the normal avenue go to court and have a judge aside.

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Speaker 7: They just they rather go to like basically like a

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Speaker 7: boardroom and have someone who's an arbitrator sit and listen

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Speaker 7: to everybody who's like specializes in that area or whatever.

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Speaker 6: So the parties get to choose who that.

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Speaker 7: Arbitrator is going to be, right, they get a list,

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Speaker 7: they get to vet and agree on who that person

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Speaker 7: is going to be, or maybe a few people they'll choose.

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Speaker 7: And so what jay Z said is that, wait, there's

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Speaker 7: nobody of color on this list. There was like I

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Speaker 7: think there were like two people of a hundred, yeah,

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Speaker 7: something like that. And so he was like, no, I'm

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Speaker 7: not doing this. So he basically said I'm not going

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Speaker 7: to go forward with the arbitration, went to court, and

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Speaker 7: actually before the judge made of decision, the company was like,

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Speaker 7: you know what, We're going to make sure that we

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Speaker 7: do right and go out and get more you know,

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Speaker 7: African American and other people of color to be able to.

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Speaker 4: Make indirectly providing opportunities for people.

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Speaker 6: Of absolutely like he changed the game, like he does.

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Speaker 3: Every time we j to the rescue. Again, We've kept

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Speaker 3: our streak. I'm talking about everything. We've been consistent, mandatory. Yeah, yeah,

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Speaker 3: all right, Well one other thing before we go to

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Speaker 3: the next segment, can you just briefly talk about licensing

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Speaker 3: with that.

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Speaker 7: So when you own these different types of intellectual property, patent, copyright, trademarks,

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Speaker 7: the way that most people kind of really make money

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Speaker 7: from him is that they license them to other people

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Speaker 7: to use them. So as you build your brand, your

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Speaker 7: brand kind of has cloud, you know, like for instance,

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Speaker 7: who was it, Jeff Bezos just brought the Washington Washington Yeah,

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Speaker 7: so we know newspapers are dying, right, so you can

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Speaker 7: get news everywhere now, so but that name has a

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Speaker 7: certain amount of status. So like if something's in the

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Speaker 7: Washington Post, you believe it, right, So that's what people

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Speaker 7: you know, once their brand creates value or has a

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Speaker 7: value to it, you could license that to other people

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Speaker 7: because like say if they put out a story on

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Speaker 7: now on the Washington Post, say it was a license

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Speaker 7: and they licensed the name to him, he puts out

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Speaker 7: a story, people are gonna believe it. So that's why

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Speaker 7: people want a license established brands, And so you can

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Speaker 7: do it in terms of allowing them just to use

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Speaker 7: it for a certain purpose or in a certain area,

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Speaker 7: or to do you know, in connection with something specific,

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Speaker 7: So you could do it broad or narrow, and you

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Speaker 7: could get royalties from it, or you could just charge

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Speaker 7: your fee for it.

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Speaker 6: And that's going to be through like a contract.

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Speaker 3: Okay, all right, all right, well okay, so now you

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Speaker 3: have one oh one of intellectual property. So the next segment,

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Speaker 3: we are going to go into my favorite part of

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Speaker 3: the show, which is Storytime. All right, boys and girls,

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Speaker 3: So we are back for another edition of story Time.

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Speaker 3: So usually storytime is the last segment of the show

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Speaker 3: if you're a loyal follower. But the good thing about

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Speaker 3: having your own show is that you can do whatever

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Speaker 3: you want. So we decided to push it up. So

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Speaker 3: we're going to follow up with the explanation of trademarking,

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Speaker 3: and we're going to tell you, guys a story. So

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Speaker 3: we're going to go into storytime.

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Speaker 2: Here's a little story that must be told. Listen up,

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Speaker 2: gangsters and honeys, with your head done.

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Speaker 5: The best storytellers now right down must say pray down,

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Speaker 5: its gray down, its free down.

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Speaker 3: All right. So this is a very interesting story, right,

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Speaker 3: So it involves the Beatles in Apple right. Two things

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Speaker 3: you may know a thirty year a thirty year court

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Speaker 3: case between the Beatles in Apple right. Crazy? So the

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Speaker 3: Beatles right and seventies, mid seventies, nineteen seventy eight, Well,

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Speaker 3: I think before that they started a company called Apple Corp. Right.

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Speaker 3: Apple Corp. Was a holding company. It had a couple

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Speaker 3: different uh uses, but the main thing it was like

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Speaker 3: there in house record label. Right. They I don't know

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Speaker 3: why they decided to name Apple, but that was the

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Speaker 3: named Apple Corp.

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Speaker 6: That's interesting.

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Speaker 3: So in nineteen seventy seven, George Harrison you know what

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Speaker 3: George Harrison is the Beatles, of course, well nobody really

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Speaker 3: knows him. He's the Beatle that you never heard of, right,

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Speaker 3: most people never heard of him. So he hits ironic

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Speaker 3: because nobody's heard of him, and he heard of a

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Speaker 3: company that nobody's heard of that's just started out in

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Speaker 3: nineteen seventy seven around that time, called Apple Inc. So

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Speaker 3: he says, okay, this is pretty interesting. Is a company

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Speaker 3: called Apple? Right, So he goes to Apple Corp. The

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Speaker 3: Beatles company, and he tells them about a company called

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Speaker 3: Apple Inc. Right, So the Beatles' Apple Corp. Suits Apple Inc.

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Speaker 3: Because they're using the trademark name Apple. They already trademarked

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Speaker 3: the name Apple can't use it. So in nineteen eighty

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Speaker 3: one they settled a lawsuit for eighty thousand dollars. Right.

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Speaker 3: An interesting thing is that part of the settlement is

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Speaker 3: that Apple Corp. The Beatles Company, agreed to never go

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Speaker 3: into the computer business. Apple Inc. Steve Jobs Company agreed

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Speaker 3: to never go into the music business.

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Speaker 4: We're gonna to stay in your lane. Close in your

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Speaker 4: lane is all.

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Speaker 3: They could both use Apple, but they have to stay

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Speaker 3: in there in your lane. Okay. So it's going pretty

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Speaker 3: good for a couple of years, and then nineteen eighty

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Speaker 3: six Apple comes out with musical instrument Digital Interface. Right, Yes,

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Speaker 3: I was good.

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Speaker 4: I was good.

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Speaker 3: So that you want to talk about that?

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Speaker 5: Now I can briefly touch on it those or not

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Speaker 5: in So that's just a sound chip in the computer.

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Speaker 5: So this is before you gotta think with eighties now,

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Speaker 5: so like this is like computers. They're not even in color.

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Speaker 5: It's just like the green typing. So he's putting a

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Speaker 5: sound chip in the computer. They're looking at it like wait,

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Speaker 5: sound that could be music.

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Speaker 3: It could be music because the music it's about to

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Speaker 3: say something I was going to say.

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Speaker 7: I think it also allowed them to the computers to

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Speaker 7: communicate with music land.

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Speaker 3: Yes, yes, yes, yes it did, so it allowed it.

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Speaker 3: It's kind of like the beginning stages of putting music

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Speaker 3: on a computer. So say, hey, you're not so fast.

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Speaker 3: You you promise, you promised not to do. Oh, you

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Speaker 3: got your problems. So now they suit them again, right,

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Speaker 3: nineteen eighty six, they suit them. So in nineteen ninety

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Speaker 3: one they settled for twenty six million dollars. Right, but

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Speaker 3: they did something that was very petty at the time,

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Speaker 3: So they the nineteen ninety one Macintosh alert. The name

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Speaker 3: is Sumo and it's pronounced so sue me. So it's

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Speaker 3: like a kind of like you know, and it predicts

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Speaker 3: what's going to happen in the future, right, like saying

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Speaker 3: like soon.

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Speaker 5: So that was part of the sampling of sound on

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Speaker 5: an operating system. So like they had a new operating system.

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Speaker 5: Now you can sample sound again that sounds like music.

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Speaker 5: We're gonna have to suit yeah.

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Speaker 3: No, So then this is where the big cakes comes in, right.

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Speaker 3: Two thousand and three, the launch of Itol. So they

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Speaker 3: just said, okay, we're not even gonna play around anymore.

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Speaker 3: We're going in the music business right soon. Too much

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Speaker 3: money out here not to be get We're not going

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Speaker 3: to be stopped by the Beatles, right, so they go

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Speaker 3: into full fledged with iTunes. So of course Apple Corp.

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Speaker 3: The Beetle company, right.

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Speaker 4: But they suit them this time because of the logo.

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Speaker 5: So like, their logo is an actual green apple, and

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Speaker 5: the iTunes logo was an Apple that had like a

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Speaker 5: little piece bitten out of it.

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Speaker 4: So it was like, wait, that looks like our.

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Speaker 3: Logo partially the logo but also the music is well

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Speaker 3: yeah yeah. So but that case lasted to two thousand

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Speaker 3: and seven and Apple actually won that case, right, So

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Speaker 3: now Apple Inc. Owns the trademarks to Apple, right, but

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Speaker 3: they licensed out a certain you know, they licensed out

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Speaker 3: trademarks back to Apple Corp. Nobody really knows the terms

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Speaker 3: of the deal, but it's said that they settled for

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Speaker 3: five hundred million dollars. So Apple Ink paid Apple Corp.

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Speaker 3: Five hundred million dollars and they finally were done with

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Speaker 3: it after thirty years. And it's ironic because now the

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Speaker 3: Beatles when so when Steve Jobs, he used he was

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Speaker 3: a big Beatles fan, right, huge, and he was disappointed

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Speaker 3: that they couldn't get the Beatles on iTunes because of

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Speaker 3: this thirty year case. Right. So now when I think

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Speaker 3: it was his two thousand and seven speech.

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Speaker 5: It's Keno address in two thousand and seven. He intros

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Speaker 5: it by coming into the Beatles music. So the crowd

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Speaker 5: is like, oh wait, we're about to get Beatles music.

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Speaker 3: He has Paul McCartney.

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Speaker 5: February two thousand and seven. They settle and they released

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Speaker 5: Beatles Music, but as a solo artist. So Joege Harrison's

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Speaker 5: solo music. John Lennon Paul McCartney. I don't think Ringo

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Speaker 5: had it out. Did Ringle have al I don't know.

437
00:22:42,920 --> 00:22:43,560
Speaker 4: He might, I don't know.

438
00:22:43,920 --> 00:22:48,800
Speaker 5: So their solo catalogs were released, and then three years later,

439
00:22:48,920 --> 00:22:52,159
Speaker 5: in twenty and ten, I believe November twenty ten, the

440
00:22:52,240 --> 00:22:55,240
Speaker 5: Beatles catalog comes to iTunes, which is like a big

441
00:22:55,400 --> 00:22:58,159
Speaker 5: moment because that catalog is ridiculous.

442
00:22:58,160 --> 00:23:04,000
Speaker 3: You know, Michael Jackson owned the Beatles logev. It's another conversation,

443
00:23:04,400 --> 00:23:07,159
Speaker 3: So why are we telling your story? Because it's interested

444
00:23:07,160 --> 00:23:12,040
Speaker 3: in a and also it is highlights the power of trademarks. Right,

445
00:23:12,280 --> 00:23:15,560
Speaker 3: So the Beatles made almost six hundred million dollars they

446
00:23:15,640 --> 00:23:18,000
Speaker 3: made between the three cases, they made five hundred and

447
00:23:18,040 --> 00:23:22,000
Speaker 3: twenty nine million, right, kind of by accident because they

448
00:23:22,160 --> 00:23:24,520
Speaker 3: just randomly picked the name Apple, I'm pretty sure, right,

449
00:23:25,160 --> 00:23:28,800
Speaker 3: And they didn't really have any intentions of Apple Corp.

450
00:23:28,880 --> 00:23:31,200
Speaker 3: To like be a multi billion dollar company. They was

451
00:23:31,240 --> 00:23:32,280
Speaker 3: like the in house thing, right.

452
00:23:32,400 --> 00:23:34,639
Speaker 4: I'm not sure what music came out on Apple Records.

453
00:23:34,840 --> 00:23:36,000
Speaker 3: I don't think any music came out.

454
00:23:36,400 --> 00:23:39,520
Speaker 7: I think they just ended up owning all the Beatles' music,

455
00:23:39,960 --> 00:23:42,600
Speaker 7: And like you said, they had other businesses underneath their

456
00:23:42,720 --> 00:23:45,040
Speaker 7: like tax shelter exactly.

457
00:23:45,480 --> 00:23:48,880
Speaker 3: Yeah, So just from having the luck of the draw

458
00:23:49,080 --> 00:23:52,040
Speaker 3: and picking and picking a good name. But more importantly

459
00:23:52,080 --> 00:23:54,800
Speaker 3: than picking a good name, they trademarked the name, right,

460
00:23:54,840 --> 00:23:57,000
Speaker 3: because they could have picked the name and then trade, like,

461
00:23:57,080 --> 00:23:59,479
Speaker 3: so how many businesses and companies and we're going back

462
00:23:59,520 --> 00:24:03,240
Speaker 3: to the fortite. We have good ideas, but that one

463
00:24:03,320 --> 00:24:08,320
Speaker 3: step changes the dynamic five hundred million dollars, right, So

464
00:24:08,400 --> 00:24:10,920
Speaker 3: people say a lot of times it's like, well it's

465
00:24:10,960 --> 00:24:13,960
Speaker 3: expensive to trademark, or I don't have the money. Well,

466
00:24:14,920 --> 00:24:17,880
Speaker 3: you either spend five hundred dollars to trademark or five

467
00:24:17,960 --> 00:24:20,240
Speaker 3: hundred million recorder could do that you could have gotten

468
00:24:20,280 --> 00:24:21,320
Speaker 3: if you did trademarket, right.

469
00:24:21,320 --> 00:24:23,600
Speaker 5: I think like that's what we saw fifty did that.

470
00:24:24,200 --> 00:24:26,880
Speaker 5: When he started to get the Strap campaign, it was like, wait,

471
00:24:28,880 --> 00:24:31,080
Speaker 5: this episode is brought to you by P and C Bank.

472
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473
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474
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475
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476
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478
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479
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482
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483
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484
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485
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486
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Speaker 5: tipping is a breeze, and you're out the door before

487
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488
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489
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490
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491
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492
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Speaker 5: manage inventory, and run their business with confidence, all from

493
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494
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495
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496
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497
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499
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500
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501
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502
00:26:11,560 --> 00:26:14,720
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503
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504
00:26:19,080 --> 00:26:21,720
Speaker 4: Oh people really like this. I'm trade money. Yeah, this

505
00:26:21,800 --> 00:26:22,080
Speaker 4: is mine.

506
00:26:22,280 --> 00:26:24,119
Speaker 6: Yeah, somebody want to use it.

507
00:26:25,680 --> 00:26:29,879
Speaker 3: Going back to Cameron, he's notorious for that. He trademarks everything.

508
00:26:30,040 --> 00:26:31,080
Speaker 3: Remember when him and Jim.

509
00:26:31,000 --> 00:26:34,000
Speaker 4: Jones had to you know what that that that's a

510
00:26:34,080 --> 00:26:34,639
Speaker 4: sad story.

511
00:26:35,080 --> 00:26:36,800
Speaker 3: Well they made it, they rectified it.

512
00:26:37,040 --> 00:26:39,080
Speaker 4: Yeah, it was over Burgag.

513
00:26:39,320 --> 00:26:43,560
Speaker 3: He trademark Bergen just in case, Yes, just in case.

514
00:26:43,760 --> 00:26:45,639
Speaker 3: So if anybody's a Diplomat fan, you know.

515
00:26:45,680 --> 00:26:48,080
Speaker 4: What, anybody's from the early two thousands, so it was

516
00:26:48,119 --> 00:26:48,640
Speaker 4: like something.

517
00:26:48,480 --> 00:26:50,600
Speaker 3: That they were just saying. It was like it wasn't

518
00:26:50,680 --> 00:26:54,119
Speaker 3: like an official thing because they would Dipset diplomat. Then

519
00:26:54,160 --> 00:26:56,080
Speaker 3: the burg game was like just something that they just

520
00:26:56,160 --> 00:26:59,480
Speaker 3: came up with. Right. But then Jim Jones actually had

521
00:26:59,560 --> 00:27:03,720
Speaker 3: a crew, like a offset of Dipset that he was

522
00:27:03,760 --> 00:27:06,000
Speaker 3: calling burg Gang, right. I think he had like bird

523
00:27:06,040 --> 00:27:09,480
Speaker 3: Gang records and oh he's going full Fletchers and Cameron

524
00:27:09,600 --> 00:27:11,439
Speaker 3: without actually notifying him.

525
00:27:11,640 --> 00:27:12,320
Speaker 4: Catches windows.

526
00:27:12,320 --> 00:27:17,440
Speaker 3: It trademarks the name. So Jesus, he's no longer allowed

527
00:27:17,480 --> 00:27:19,280
Speaker 3: to use burg Gang unless he pays Cameron.

528
00:27:19,760 --> 00:27:24,440
Speaker 5: That's what friends are for, exactly when something of It's

529
00:27:24,440 --> 00:27:26,760
Speaker 5: also rumored that he trademarked jelly fan.

530
00:27:27,400 --> 00:27:29,720
Speaker 4: That's yeah, yeah, yeah recently recently.

531
00:27:29,440 --> 00:27:30,520
Speaker 3: I'm not sure if that's true or not.

532
00:27:30,640 --> 00:27:33,800
Speaker 4: Shout the jelly fan. He just actually transferred from Minnesota

533
00:27:33,800 --> 00:27:36,000
Speaker 4: when he's going I don't know yet. He just left.

534
00:27:36,040 --> 00:27:38,520
Speaker 4: He did two years at Minnesota and now he's.

535
00:27:38,400 --> 00:27:41,240
Speaker 3: Transferring Isaiah Washington. If anybody is not a basketball fan

536
00:27:41,560 --> 00:27:44,080
Speaker 3: New York City street ball legend, not even a street

537
00:27:44,119 --> 00:27:48,000
Speaker 3: ball legend, no, not just a legend. Saint Raymond's basketball

538
00:27:48,240 --> 00:27:55,520
Speaker 3: basketball legend who he he he had a crew called Jellyfan, huge.

539
00:27:55,600 --> 00:27:59,560
Speaker 4: Trademark by his the move man that layup that opening

540
00:28:00,080 --> 00:28:00,879
Speaker 4: finger rolled layup.

541
00:28:01,160 --> 00:28:04,119
Speaker 3: Yeah, well people might not be basketball fans, but I

542
00:28:04,240 --> 00:28:06,320
Speaker 3: heard that Kim On because the interesting thing about that,

543
00:28:06,359 --> 00:28:07,720
Speaker 3: So the kid was in high school, right, and he

544
00:28:07,840 --> 00:28:10,800
Speaker 3: created a huge buzz for himself in high school, like

545
00:28:10,920 --> 00:28:12,760
Speaker 3: all throughout the city. Then it went national. Now what

546
00:28:12,840 --> 00:28:14,600
Speaker 3: social media went all over the world where you got

547
00:28:14,720 --> 00:28:18,159
Speaker 3: kids saying jelly famine. It's like a finger roll and

548
00:28:18,920 --> 00:28:22,760
Speaker 3: it's like it just went viral. So then Nike started

549
00:28:22,840 --> 00:28:26,359
Speaker 3: printing up shirts with the jelly Fan right, and of

550
00:28:26,440 --> 00:28:28,720
Speaker 3: course he's not getting paid for he's in high school.

551
00:28:28,960 --> 00:28:32,159
Speaker 5: I think Nike might be a sponsor for Saint Raymonds,

552
00:28:32,240 --> 00:28:33,760
Speaker 5: so like they felt like we had a connection.

553
00:28:33,800 --> 00:28:34,679
Speaker 4: He plays with Saint Raymonds.

554
00:28:34,800 --> 00:28:37,920
Speaker 3: Yeah, but he came up with the idea. So it's

555
00:28:37,920 --> 00:28:40,720
Speaker 3: all going back to Apple, right, whereas we can relate

556
00:28:40,800 --> 00:28:44,200
Speaker 3: this on small level, like that's a perfect example jelly fan. Right.

557
00:28:44,760 --> 00:28:46,560
Speaker 3: I don't know the rules if he could actually trademarket

558
00:28:46,720 --> 00:28:48,880
Speaker 3: not since he's in high school and his rules against

559
00:28:48,960 --> 00:28:52,240
Speaker 3: the basketball players. But long story short, Nike did that

560
00:28:52,360 --> 00:28:55,600
Speaker 3: and they made money off of it, right, so if.

561
00:28:55,480 --> 00:28:57,560
Speaker 6: He didn't protect it, then he can't really do that

562
00:28:57,680 --> 00:28:58,160
Speaker 6: until police.

563
00:28:58,160 --> 00:28:59,080
Speaker 3: Again, now it's too late.

564
00:28:59,840 --> 00:29:02,360
Speaker 7: Well if he can, if they didn't protect it, he

565
00:29:02,400 --> 00:29:04,920
Speaker 7: could still protect it and then they would still have

566
00:29:05,040 --> 00:29:07,200
Speaker 7: to pay him for using it if they're still continuing

567
00:29:07,240 --> 00:29:10,080
Speaker 7: to make money off of it. Right, But if you

568
00:29:10,160 --> 00:29:12,200
Speaker 7: don't protect it, then you have no way of really

569
00:29:12,920 --> 00:29:14,520
Speaker 7: so what what registration does.

570
00:29:14,680 --> 00:29:17,880
Speaker 6: It allows you to basically sue and be able to recover.

571
00:29:18,120 --> 00:29:20,360
Speaker 7: So like with the Fortnite case, how they had to

572
00:29:20,440 --> 00:29:22,720
Speaker 7: pull out of the case because they didn't copyright anything,

573
00:29:23,240 --> 00:29:26,120
Speaker 7: and so it's like, Okay, the government's like or the

574
00:29:26,520 --> 00:29:28,840
Speaker 7: federal court is like, well, if you didn't copyright it,

575
00:29:28,880 --> 00:29:30,880
Speaker 7: then you can't police against it, so you need to

576
00:29:31,000 --> 00:29:33,560
Speaker 7: go do that, and so they pulled out. But if

577
00:29:33,560 --> 00:29:35,959
Speaker 7: they do, if they are successful with their copyright, then

578
00:29:36,000 --> 00:29:36,800
Speaker 7: they will be able.

579
00:29:36,680 --> 00:29:40,959
Speaker 5: To sue them for you see, like celebrities are doing

580
00:29:41,000 --> 00:29:42,800
Speaker 5: that like when they have children. Now it's like the

581
00:29:42,880 --> 00:29:44,840
Speaker 5: person thing they do is I'm copyrighting that name, I think.

582
00:29:46,480 --> 00:29:48,560
Speaker 5: But they lost that because there was an event planning

583
00:29:48,640 --> 00:29:49,760
Speaker 5: company called Blue Ivy.

584
00:29:50,560 --> 00:29:51,320
Speaker 6: They're still fight it.

585
00:29:51,400 --> 00:29:54,240
Speaker 7: Though they're still fighting doesn't. There's an event planner. She

586
00:29:54,560 --> 00:29:57,120
Speaker 7: she has a company named Blue Ivy, and so you know,

587
00:29:57,240 --> 00:29:58,200
Speaker 7: Beyonce's a beast.

588
00:29:58,080 --> 00:29:58,440
Speaker 5: With her.

589
00:30:01,160 --> 00:30:04,480
Speaker 7: She has she has her own company that just has

590
00:30:04,520 --> 00:30:06,080
Speaker 7: her trademarks and that's the best way to do it.

591
00:30:07,720 --> 00:30:11,800
Speaker 3: Yeah, well, there you have it, the power of trademarks.

592
00:30:11,880 --> 00:30:14,880
Speaker 3: You have to understand the law of people is one thing.

593
00:30:14,960 --> 00:30:16,640
Speaker 3: To play the game is another thing. To play the

594
00:30:16,720 --> 00:30:19,720
Speaker 3: game smart and efficiently. You don't have to be the

595
00:30:19,760 --> 00:30:23,120
Speaker 3: smartest player to win, but you have to know who

596
00:30:23,240 --> 00:30:26,600
Speaker 3: to work with, who to contact, and you have to

597
00:30:26,760 --> 00:30:29,840
Speaker 3: know opportunities when you see it. And I'm sure these

598
00:30:29,880 --> 00:30:32,200
Speaker 3: guys that made these dances up before they never knew.

599
00:30:32,240 --> 00:30:34,600
Speaker 3: They just doing their neighbors, especially Culton things. I don't know,

600
00:30:34,680 --> 00:30:40,480
Speaker 3: that's shame on him, but the Millie Rocket, this is

601
00:30:40,600 --> 00:30:42,520
Speaker 3: they're just doing it in their community, like they're not

602
00:30:42,600 --> 00:30:44,520
Speaker 3: thinking this is going to go viral to the world.

603
00:30:45,200 --> 00:30:52,040
Speaker 3: But you never know you have so yeah, well we'll see.

604
00:30:54,160 --> 00:30:54,480
Speaker 4: All right.

605
00:30:54,560 --> 00:30:57,160
Speaker 5: So for our final segment, we're going to talk about

606
00:30:57,200 --> 00:30:59,880
Speaker 5: something that we don't have to look too fartify it

607
00:31:00,800 --> 00:31:05,200
Speaker 5: and that is a life insurance. We recently posted that

608
00:31:05,400 --> 00:31:08,920
Speaker 5: series had canceled ninety thousand life insurance policies for its employees,

609
00:31:09,520 --> 00:31:11,840
Speaker 5: and it begs the question like, should people be going

610
00:31:11,920 --> 00:31:16,320
Speaker 5: through their jobs to gain life insurance? Over the past

611
00:31:16,840 --> 00:31:20,800
Speaker 5: I guess twenty to thirty years, America has kind of switched.

612
00:31:21,200 --> 00:31:23,840
Speaker 5: One hundred and eight million people have gone through the

613
00:31:23,920 --> 00:31:26,800
Speaker 5: group route, while one hundred and two million people have

614
00:31:26,960 --> 00:31:31,320
Speaker 5: gone through the private method of life insurance, which is like.

615
00:31:31,400 --> 00:31:35,640
Speaker 4: The first time that that's happened in history. So we

616
00:31:35,760 --> 00:31:39,560
Speaker 4: have our own expert and two thousand give me if

617
00:31:39,600 --> 00:31:40,120
Speaker 4: I'm wrong with the.

618
00:31:40,160 --> 00:31:42,800
Speaker 3: Year two thousand and six, I think two thousand and seven.

619
00:31:42,880 --> 00:31:46,480
Speaker 5: Two thousand and seven, I sat down with a financial

620
00:31:46,560 --> 00:31:49,960
Speaker 5: planner who was starting in the business. He needed a client,

621
00:31:50,520 --> 00:31:54,840
Speaker 5: and he looked across and he said, Detroit, you gotta

622
00:31:54,880 --> 00:31:59,320
Speaker 5: get life insurance now. At twenty five, I'm thinking, come on, man,

623
00:31:59,600 --> 00:32:01,880
Speaker 5: why do I life insurance? And then we had a

624
00:32:01,920 --> 00:32:04,800
Speaker 5: deeper conversation. I'm like, oh, with shot, it's pretty serious

625
00:32:04,840 --> 00:32:05,160
Speaker 5: about this.

626
00:32:05,840 --> 00:32:08,960
Speaker 4: So we went through the process and I got life insurance.

627
00:32:09,000 --> 00:32:11,160
Speaker 5: And maybe you could talk to people why it's so

628
00:32:11,400 --> 00:32:14,920
Speaker 5: valuable and so that's really important and how we've seen

629
00:32:14,960 --> 00:32:18,400
Speaker 5: some cases where people didn't have life insurance and the

630
00:32:18,560 --> 00:32:21,560
Speaker 5: outcome of what it left their family with, right, because

631
00:32:21,560 --> 00:32:23,680
Speaker 5: it's not really for the people who dies, for the

632
00:32:23,760 --> 00:32:25,400
Speaker 5: people who remain living, right.

633
00:32:26,000 --> 00:32:27,720
Speaker 4: So yeah, and you want to talk about that, yeah

634
00:32:27,760 --> 00:32:28,080
Speaker 4: for sure.

635
00:32:28,720 --> 00:32:33,400
Speaker 3: So yes, So anyway, that's not familiar. I'm a financial advisor.

636
00:32:33,440 --> 00:32:36,000
Speaker 3: That's what I do for a living, right. So I started,

637
00:32:36,280 --> 00:32:40,520
Speaker 3: you know, eleven years ago around that timeframe, and yes,

638
00:32:41,120 --> 00:32:45,600
Speaker 3: my first week in the business, my first client was

639
00:32:45,680 --> 00:32:51,200
Speaker 3: Troy Truly. Yes, I sold him a life insurance policy.

640
00:32:51,840 --> 00:32:55,160
Speaker 3: That's my and then eleven years later, still got it.

641
00:32:55,240 --> 00:32:57,640
Speaker 3: He's still a client of mine. So yeah, So I do.

642
00:32:57,920 --> 00:32:59,640
Speaker 3: I do a few different things, you know. I help

643
00:32:59,640 --> 00:33:03,080
Speaker 3: people in less money retirement, and life insurance is one

644
00:33:03,120 --> 00:33:05,280
Speaker 3: of the things that I do as well. So before

645
00:33:05,320 --> 00:33:09,000
Speaker 3: I start, I'm not taking a side on any policy.

646
00:33:09,880 --> 00:33:14,960
Speaker 3: Life insurance is very debatable people have They're very passionate

647
00:33:15,160 --> 00:33:19,360
Speaker 3: about this. I've noticed online you have very strong opinions.

648
00:33:19,880 --> 00:33:22,160
Speaker 3: So I'm not here to tell you which is the

649
00:33:22,240 --> 00:33:25,680
Speaker 3: best policy, which you should do, just provide information. You

650
00:33:25,760 --> 00:33:29,040
Speaker 3: can make your own decisions for yourself, right. But it

651
00:33:29,160 --> 00:33:32,880
Speaker 3: is interesting that SEA has canceled ninety thousand policies for

652
00:33:33,040 --> 00:33:38,000
Speaker 3: retirees because it does highlight something that is important. Is

653
00:33:38,520 --> 00:33:41,320
Speaker 3: you know, a lot of times people have insurance at

654
00:33:41,360 --> 00:33:44,480
Speaker 3: their job and they think that that's sufficient. Right. Like

655
00:33:44,600 --> 00:33:47,479
Speaker 3: most things when it comes to finance, people aren't properly

656
00:33:47,640 --> 00:33:49,920
Speaker 3: educated a lot of times, right, so they don't really

657
00:33:49,960 --> 00:33:53,880
Speaker 3: fully understand life insurance or even why it's important how

658
00:33:53,960 --> 00:33:56,440
Speaker 3: to get it, you know, they don't really know, so

659
00:33:56,680 --> 00:33:58,240
Speaker 3: they just say, Okay, I have it at my job,

660
00:33:58,400 --> 00:33:59,960
Speaker 3: and whatever it is what it is.

661
00:34:00,280 --> 00:34:00,360
Speaker 2: Right.

662
00:34:01,000 --> 00:34:04,840
Speaker 3: So now is to say, okay, which is better the

663
00:34:04,920 --> 00:34:06,960
Speaker 3: insurance at your job or the insurance that you can

664
00:34:07,040 --> 00:34:12,880
Speaker 3: get privately through institution or company. Right, I always recommend both, right,

665
00:34:12,960 --> 00:34:16,000
Speaker 3: Because the insurance at your job. The good thing about

666
00:34:16,080 --> 00:34:19,040
Speaker 3: that is that it's usually very low as far as

667
00:34:19,120 --> 00:34:22,879
Speaker 3: premiums are concerned, or sometimes it's even free, so it's

668
00:34:22,960 --> 00:34:26,560
Speaker 3: not really costing you anything. So it's always good to have, right.

669
00:34:26,920 --> 00:34:29,799
Speaker 3: But the problem with having it as your only type

670
00:34:29,840 --> 00:34:33,160
Speaker 3: of insurance is what we just saw, right, is that

671
00:34:33,239 --> 00:34:35,200
Speaker 3: a lot of times it's not portable, meaning that you

672
00:34:35,239 --> 00:34:38,440
Speaker 3: can't take it with you when you retire, or if

673
00:34:38,520 --> 00:34:40,440
Speaker 3: you can take it with you, then the premium may

674
00:34:40,880 --> 00:34:43,200
Speaker 3: go up because now you're no longer part of that group.

675
00:34:43,280 --> 00:34:45,080
Speaker 3: It's like health insurance, right, Like if you leave your

676
00:34:45,200 --> 00:34:47,920
Speaker 3: job now, you can still keep your health insurance for

677
00:34:47,920 --> 00:34:50,680
Speaker 3: a certain amount of time, but you're on what's called cobra, right,

678
00:34:50,800 --> 00:34:53,200
Speaker 3: So now your health insurance premiums go up. So sometimes

679
00:34:53,320 --> 00:34:54,839
Speaker 3: life insurance is the same, or even if the life

680
00:34:54,840 --> 00:34:58,360
Speaker 3: insurance premiums stay the same, it's still subject to the company.

681
00:34:58,640 --> 00:35:00,560
Speaker 3: You know, they can change it. So just like what

682
00:35:00,680 --> 00:35:04,319
Speaker 3: Saias did, right. So okay, first of all, we need

683
00:35:04,360 --> 00:35:06,840
Speaker 3: to talk about and understand why life insurance is important. Right.

684
00:35:07,480 --> 00:35:11,520
Speaker 3: So it's important for a few different reasons, but the

685
00:35:11,640 --> 00:35:14,880
Speaker 3: main reason obviously, is that you want to provide a

686
00:35:15,000 --> 00:35:17,960
Speaker 3: certain level of comfort, and you want to leave a legacy,

687
00:35:18,280 --> 00:35:19,759
Speaker 3: and you want to be able to take care of

688
00:35:20,040 --> 00:35:23,480
Speaker 3: your financial responsibilities when you're no longer here. I always

689
00:35:23,480 --> 00:35:27,439
Speaker 3: say all the time, it's nobody's responsibility to take care

690
00:35:27,480 --> 00:35:31,200
Speaker 3: of your family except for you, right. And that's men

691
00:35:31,560 --> 00:35:34,239
Speaker 3: and women, right, because we live in a society where

692
00:35:34,680 --> 00:35:38,080
Speaker 3: men and women work, and a lot of times women

693
00:35:38,520 --> 00:35:41,000
Speaker 3: make more money than the men. Right. They're the bread

694
00:35:41,080 --> 00:35:44,400
Speaker 3: winners in the home, or they may be single parents

695
00:35:45,000 --> 00:35:47,000
Speaker 3: on both sides, or even if you don't have a children,

696
00:35:47,040 --> 00:35:50,040
Speaker 3: you still have responsibilities, right, so I equate. You know,

697
00:35:50,080 --> 00:35:51,920
Speaker 3: it's unfortunate a lot of times, especially in our community,

698
00:35:51,920 --> 00:35:56,239
Speaker 3: when somebody passes away and other people have to raise

699
00:35:56,360 --> 00:35:58,520
Speaker 3: money for them, right, like go fund me pages and

700
00:35:58,600 --> 00:36:01,360
Speaker 3: things like that. That would be kind of like, and

701
00:36:01,480 --> 00:36:03,360
Speaker 3: this is no shame on anybody, because you have to

702
00:36:03,400 --> 00:36:04,440
Speaker 3: do what you have to do. But I'm just saying

703
00:36:04,480 --> 00:36:06,840
Speaker 3: as far that that person didn't plant properly, right, that

704
00:36:06,920 --> 00:36:10,120
Speaker 3: would be the equivalent of somebody coming into your home

705
00:36:10,360 --> 00:36:13,080
Speaker 3: and having to pay your bills for you. Right, It's

706
00:36:13,120 --> 00:36:16,160
Speaker 3: your responsibility to take care of that, right. So that's

707
00:36:16,200 --> 00:36:19,640
Speaker 3: what Life Insurance does, right. It allows your family to

708
00:36:20,080 --> 00:36:23,680
Speaker 3: go on and to take care of your responsibility when

709
00:36:23,760 --> 00:36:27,160
Speaker 3: you pass, as far as just the basics of burying yourself,

710
00:36:27,320 --> 00:36:30,400
Speaker 3: but also you know, putting your kids in school and

711
00:36:30,840 --> 00:36:33,080
Speaker 3: making sure that they have clothes to wear and that

712
00:36:33,200 --> 00:36:34,879
Speaker 3: they can go to college and things of that nature.

713
00:36:34,960 --> 00:36:35,080
Speaker 6: Right.

714
00:36:35,200 --> 00:36:37,839
Speaker 3: So, and it's important that we start to think long

715
00:36:38,000 --> 00:36:40,399
Speaker 3: term too, because when we talk about generational wealth, that's

716
00:36:40,480 --> 00:36:42,960
Speaker 3: like a real popular term, but what does that really mean? Right?

717
00:36:43,360 --> 00:36:45,680
Speaker 3: That means that you want to create wealth for generations.

718
00:36:46,160 --> 00:36:48,560
Speaker 3: So One of the easiest ways to create wealth for

719
00:36:48,760 --> 00:36:51,719
Speaker 3: generations is to have a life insurance policy, right, because

720
00:36:51,719 --> 00:36:55,080
Speaker 3: what you're doing is actually buying money, right. So that's

721
00:36:55,120 --> 00:36:57,760
Speaker 3: one of the most efficient, one of the easiest ways

722
00:36:57,840 --> 00:37:01,120
Speaker 3: to create generational wealth because it's it's a trendy term,

723
00:37:01,760 --> 00:37:04,200
Speaker 3: but the average person doesn't have a multi million dollar

724
00:37:04,280 --> 00:37:06,920
Speaker 3: business that they can leave. The average person doesn't have

725
00:37:07,239 --> 00:37:09,880
Speaker 3: five million dollars in a bank that they can lead, right.

726
00:37:09,960 --> 00:37:12,200
Speaker 3: The average person might not even have a home. They

727
00:37:12,320 --> 00:37:15,560
Speaker 3: might not even own a home. But you can own

728
00:37:15,560 --> 00:37:18,000
Speaker 3: an insurance policy. You can have one hundred thousand dollars,

729
00:37:18,320 --> 00:37:21,279
Speaker 3: half a million, a million dollars. That's realistic, right, So

730
00:37:21,440 --> 00:37:23,959
Speaker 3: this is something that can actually be obtained in real life,

731
00:37:24,040 --> 00:37:25,840
Speaker 3: not just to catchy phrase.

732
00:37:26,160 --> 00:37:28,040
Speaker 5: So at twenty five, when you told me that, and

733
00:37:28,120 --> 00:37:30,359
Speaker 5: I was in my mind I'm not even thinking about

734
00:37:30,360 --> 00:37:32,160
Speaker 5: life insurance, but when I saw how serious you were

735
00:37:32,200 --> 00:37:34,719
Speaker 5: about it, I'm like, wait, this makes perfect sense. I

736
00:37:34,760 --> 00:37:36,480
Speaker 5: mean you probably you detailed it it just like how

737
00:37:36,520 --> 00:37:38,719
Speaker 5: you did now straight from me, and I was like, wow,

738
00:37:39,120 --> 00:37:39,520
Speaker 5: I have to.

739
00:37:39,560 --> 00:37:41,239
Speaker 3: Get this as early as possible. And you planned for

740
00:37:41,320 --> 00:37:43,400
Speaker 3: the future because when you got the insurance, you were

741
00:37:43,640 --> 00:37:47,080
Speaker 3: single right, No, yep, But now you have a family,

742
00:37:47,239 --> 00:37:49,399
Speaker 3: you have kids, you have a wife, you have a home,

743
00:37:49,920 --> 00:37:51,520
Speaker 3: so now you really need it, right, it.

744
00:37:51,560 --> 00:37:54,320
Speaker 4: Makes more sense. I'm like, wow, I've had that's a

745
00:37:54,360 --> 00:37:56,279
Speaker 4: good thing. I've had this for eleven years now, right,

746
00:37:56,400 --> 00:37:58,480
Speaker 4: Like it meant so much. I just want to go

747
00:37:58,600 --> 00:38:00,640
Speaker 4: back because you said the previous so low.

748
00:38:00,760 --> 00:38:02,400
Speaker 5: When you do it at your job, one of the

749
00:38:02,480 --> 00:38:06,000
Speaker 5: things that studies are shown is that the assurance.

750
00:38:05,600 --> 00:38:08,560
Speaker 4: Amounts are a lot lower than when you do it

751
00:38:08,640 --> 00:38:09,080
Speaker 4: with a group.

752
00:38:09,160 --> 00:38:11,520
Speaker 5: So it ranges from twenty five thousand dollars policy to

753
00:38:12,120 --> 00:38:14,840
Speaker 5: maybe a fifty thousand dollars policy, whereas that might not

754
00:38:15,080 --> 00:38:17,440
Speaker 5: even cover what you need as far as your financial

755
00:38:17,480 --> 00:38:19,840
Speaker 5: responsibilities in the event that something happens to you.

756
00:38:20,160 --> 00:38:22,720
Speaker 4: So, like you want talk about the difference in the amounts.

757
00:38:22,400 --> 00:38:24,200
Speaker 3: Yeah, so I'll talk about the amount, but first I

758
00:38:24,200 --> 00:38:26,000
Speaker 3: want to actually just talk about the different types of policy.

759
00:38:26,239 --> 00:38:29,319
Speaker 3: There's different type of policy. So there's really a few

760
00:38:29,360 --> 00:38:31,120
Speaker 3: different types of policies, but it comes down to two

761
00:38:31,760 --> 00:38:34,640
Speaker 3: term policies and a permanent policy. Right, And there's different

762
00:38:34,640 --> 00:38:38,000
Speaker 3: types of permanent policies. But a term policy is a

763
00:38:38,080 --> 00:38:40,840
Speaker 3: policy that lasts a term right, So like ten to fifteen,

764
00:38:40,960 --> 00:38:43,719
Speaker 3: twenty year term, right, so you have life. This is

765
00:38:43,719 --> 00:38:45,320
Speaker 3: what most people think abou when think about likee insurance.

766
00:38:45,320 --> 00:38:46,880
Speaker 3: It's the most basic form of insurance where you have

767
00:38:46,960 --> 00:38:50,480
Speaker 3: an insurance policy, you pay a premium, and if you die,

768
00:38:50,600 --> 00:38:52,520
Speaker 3: somebody gets money. So it's a term. So let's say

769
00:38:52,520 --> 00:38:54,239
Speaker 3: it's a twenty year term, right, So you're paying your

770
00:38:54,280 --> 00:38:57,239
Speaker 3: premium for twenty years. If you die before that twenty

771
00:38:57,320 --> 00:39:00,080
Speaker 3: year mark is up, then your family gets money. You

772
00:39:00,200 --> 00:39:03,000
Speaker 3: outlive that term that you can reapply for the insurance anymore,

773
00:39:03,040 --> 00:39:04,600
Speaker 3: you can let it last you don't have it anymore,

774
00:39:04,640 --> 00:39:07,560
Speaker 3: but it's just a certain period of time. That's the term.

775
00:39:07,880 --> 00:39:10,800
Speaker 3: And then most group insurance is if your jobs for

776
00:39:10,920 --> 00:39:13,320
Speaker 3: as long as you work at that job, or sometimes

777
00:39:13,360 --> 00:39:16,399
Speaker 3: it could be extended in retirement. But so that's one

778
00:39:16,520 --> 00:39:18,960
Speaker 3: form of it where it's just a premium a death

779
00:39:19,000 --> 00:39:22,680
Speaker 3: benefit and that's it. Another the flip side to that

780
00:39:22,760 --> 00:39:25,600
Speaker 3: coin is what's called permanent insurance. Right, So permanent insurance

781
00:39:26,600 --> 00:39:29,040
Speaker 3: most of the time most commonly known as what's called

782
00:39:29,080 --> 00:39:31,320
Speaker 3: whole life insurance. There are different types of permanent but

783
00:39:31,360 --> 00:39:34,160
Speaker 3: we'll just keep it basic. Whole life insurance right, whole

784
00:39:34,200 --> 00:39:37,400
Speaker 3: life insurance lasts your whole life, you pay a premium,

785
00:39:37,440 --> 00:39:39,480
Speaker 3: you have a death benefit, but it also builds what's

786
00:39:39,480 --> 00:39:43,040
Speaker 3: called cash value. Cash values money that grows inside of

787
00:39:43,120 --> 00:39:45,839
Speaker 3: the life insurance policy. Right And the money that goes

788
00:39:45,880 --> 00:39:48,239
Speaker 3: inside of the life insurance policy, now you can use

789
00:39:48,360 --> 00:39:51,640
Speaker 3: that a line and you can borrow from the policy.

790
00:39:51,719 --> 00:39:53,759
Speaker 3: Right Now, that's the benefit that you can use while

791
00:39:53,760 --> 00:39:54,240
Speaker 3: you're alive.

792
00:39:54,480 --> 00:39:57,200
Speaker 7: So, and that's good for people who say, well, some

793
00:39:57,320 --> 00:39:59,400
Speaker 7: people don't really care what they leave for their family

794
00:39:59,680 --> 00:40:01,719
Speaker 7: or you know whoever else, if they're single, they have no.

795
00:40:02,120 --> 00:40:06,200
Speaker 3: Life, right Because so now you're actually saving money as well.

796
00:40:06,280 --> 00:40:07,960
Speaker 3: So it's a double edged sword. Right. So now some

797
00:40:08,040 --> 00:40:11,879
Speaker 3: people say, okay, well only by term insurance, don't buy

798
00:40:11,960 --> 00:40:14,719
Speaker 3: whole life insurance, or some people say only buy whole

799
00:40:14,800 --> 00:40:18,400
Speaker 3: life insurance, don't buy term insurance. I'm of the mindset

800
00:40:18,520 --> 00:40:22,960
Speaker 3: that no shoe is ever going to fit any all foots, right,

801
00:40:23,200 --> 00:40:27,160
Speaker 3: so you have to, you know, see what's best for

802
00:40:27,239 --> 00:40:30,560
Speaker 3: you and your family, because they both have advantages, and

803
00:40:30,640 --> 00:40:33,719
Speaker 3: they both can be beneficial, and they both have things

804
00:40:33,760 --> 00:40:36,880
Speaker 3: that may not be attractive. Right. So, but one thing

805
00:40:37,000 --> 00:40:39,840
Speaker 3: that I want to keep in mind for our listeners

806
00:40:39,960 --> 00:40:41,879
Speaker 3: is that one of the bigges things why people say

807
00:40:42,000 --> 00:40:44,640
Speaker 3: buy term and don't buy whole life is that it's

808
00:40:44,680 --> 00:40:47,960
Speaker 3: what's called buy term and invest a difference, Whereas they're

809
00:40:47,960 --> 00:40:50,359
Speaker 3: saying that, well, whole life isn't a good investment because

810
00:40:50,360 --> 00:40:53,080
Speaker 3: if you invested your money in stock or an investment,

811
00:40:53,239 --> 00:40:55,800
Speaker 3: it would earn more than the rate of return that

812
00:40:55,800 --> 00:40:57,640
Speaker 3: it woul get in a whole life policy. That's true,

813
00:40:58,440 --> 00:41:01,080
Speaker 3: but it's not an investment. It's life and right. So

814
00:41:01,200 --> 00:41:03,719
Speaker 3: it's like it's apples to orange. It's apples to orange

815
00:41:03,760 --> 00:41:06,840
Speaker 3: in comparison. So you can do both. You don't have

816
00:41:07,000 --> 00:41:08,759
Speaker 3: to do one or the other. Right, You can have

817
00:41:08,800 --> 00:41:11,239
Speaker 3: an investment where you're actually growing money. You can have

818
00:41:11,320 --> 00:41:14,479
Speaker 3: a life insurance policy where it's a permanent policy. Because

819
00:41:14,480 --> 00:41:16,880
Speaker 3: the thing about the life insurance also is that hopefully

820
00:41:16,920 --> 00:41:20,719
Speaker 3: you don't die in twenty years. I mean you have

821
00:41:20,920 --> 00:41:23,200
Speaker 3: term insurance. Most of the term policies don't pay out

822
00:41:23,280 --> 00:41:25,960
Speaker 3: because most of the time people don't die within that term.

823
00:41:26,520 --> 00:41:28,239
Speaker 3: So if I have a twenty year term policy, I

824
00:41:28,280 --> 00:41:32,400
Speaker 3: don't want to die in twenty years, you know. I

825
00:41:32,480 --> 00:41:35,840
Speaker 3: mean it's good to have just in case, But the

826
00:41:35,920 --> 00:41:38,640
Speaker 3: whole life. Everybody's going to die eventually, so it doesn't

827
00:41:38,640 --> 00:41:40,680
Speaker 3: matter whether I'm ninety or one hundred years or I

828
00:41:40,719 --> 00:41:44,399
Speaker 3: can still leave a legacy for my family. So these

829
00:41:44,440 --> 00:41:47,680
Speaker 3: are things that you know, people have to understand, and

830
00:41:48,680 --> 00:41:51,360
Speaker 3: a lot of times in our community it's unfortunate. Especially

831
00:41:52,280 --> 00:41:55,279
Speaker 3: you know, we talk about like Aretha Franklin, right, she

832
00:41:56,680 --> 00:42:01,360
Speaker 3: passed away last year and her state it was a

833
00:42:01,480 --> 00:42:04,480
Speaker 3: mess because she never planned for her estate, right. And

834
00:42:04,760 --> 00:42:06,000
Speaker 3: one of the things I don't know if this is

835
00:42:06,000 --> 00:42:08,120
Speaker 3: true or not, but I heard that she said that

836
00:42:08,280 --> 00:42:10,720
Speaker 3: she never really wanted to do a state planning because

837
00:42:10,760 --> 00:42:13,600
Speaker 3: she didn't want to jinx herself. And it's like, you're

838
00:42:13,640 --> 00:42:18,160
Speaker 3: gonna die, It's not yeah, nobody, Look newsflash, you're not.

839
00:42:19,280 --> 00:42:21,200
Speaker 3: It's going to happen, right, So either you plan for

840
00:42:21,400 --> 00:42:23,080
Speaker 3: it or you don't plan for it, but it's going

841
00:42:23,160 --> 00:42:24,960
Speaker 3: to happen either way. Right, So I just want to

842
00:42:25,000 --> 00:42:26,840
Speaker 3: take like a couple of minutes. We talked about the

843
00:42:26,840 --> 00:42:29,640
Speaker 3: state planning because part of it is on the financial side,

844
00:42:29,680 --> 00:42:31,520
Speaker 3: like life insurance stuff like that, but it's also it's

845
00:42:31,719 --> 00:42:35,000
Speaker 3: very important to plan on the legal side as well, right,

846
00:42:35,440 --> 00:42:39,840
Speaker 3: So like a will. You're a lawyer, so what is

847
00:42:39,880 --> 00:42:42,399
Speaker 3: a will? And why should people have a will? Because

848
00:42:42,440 --> 00:42:43,920
Speaker 3: I think that everybody should have a will. A lot

849
00:42:43,960 --> 00:42:46,319
Speaker 3: of times people have the misconception that if they're not rich,

850
00:42:46,880 --> 00:42:48,960
Speaker 3: they're not wealthy, they don't need to have a will,

851
00:42:49,040 --> 00:42:50,759
Speaker 3: they can wait to have a will. I think that

852
00:42:50,920 --> 00:42:52,800
Speaker 3: everybody should have a will, and a will can be

853
00:42:52,960 --> 00:42:55,640
Speaker 3: revised as time goes along. Can you just briefly talk

854
00:42:55,680 --> 00:42:56,560
Speaker 3: about like what a will is.

855
00:42:56,880 --> 00:42:59,399
Speaker 7: Yeah, So basically a will is just like a plan

856
00:42:59,560 --> 00:43:01,560
Speaker 7: for what's going to happen when you pass away. So

857
00:43:01,640 --> 00:43:03,560
Speaker 7: you're basically going to say, for all the stuff that

858
00:43:03,640 --> 00:43:05,920
Speaker 7: I own, that's a value, I want it to be

859
00:43:06,239 --> 00:43:10,000
Speaker 7: given out according to this in this manner. And if

860
00:43:10,080 --> 00:43:12,880
Speaker 7: you have small children, which is really really important, if

861
00:43:12,880 --> 00:43:14,600
Speaker 7: you have small children, to have a will, you're gonna

862
00:43:14,920 --> 00:43:17,560
Speaker 7: dictate who's going to take care of your child, because

863
00:43:17,760 --> 00:43:21,200
Speaker 7: if you pass away and you don't have anyone in

864
00:43:21,320 --> 00:43:23,799
Speaker 7: place to take care of your child, like a godparent

865
00:43:23,880 --> 00:43:26,200
Speaker 7: is not a legal guardian. So some of us you

866
00:43:26,560 --> 00:43:28,960
Speaker 7: appoint a godparent and you say this person, but that's

867
00:43:29,040 --> 00:43:29,720
Speaker 7: not good.

868
00:43:29,680 --> 00:43:30,200
Speaker 3: Enough, you know.

869
00:43:30,320 --> 00:43:33,719
Speaker 7: Basically, so a will is a legal document that as

870
00:43:33,800 --> 00:43:36,400
Speaker 7: long as it's executed like signed in the proper manner,

871
00:43:36,840 --> 00:43:39,160
Speaker 7: is gonna basically be able to say, this is what

872
00:43:39,280 --> 00:43:41,880
Speaker 7: this person wanted, you know, when they passed away with

873
00:43:41,960 --> 00:43:42,719
Speaker 7: their stuff, Okay.

874
00:43:42,760 --> 00:43:44,200
Speaker 3: And then also, I think it's important to have a

875
00:43:44,239 --> 00:43:48,240
Speaker 3: living will, right, So a living will, from my understanding,

876
00:43:48,920 --> 00:43:51,080
Speaker 3: you have a health care proxy and you have the

877
00:43:51,160 --> 00:43:54,040
Speaker 3: power returney, yes, right, So can you just brief talk

878
00:43:54,040 --> 00:43:54,320
Speaker 3: about that.

879
00:43:55,960 --> 00:44:00,040
Speaker 7: So the healthcare proxy, basically, if you get sick and

880
00:44:00,160 --> 00:44:03,120
Speaker 7: you're in the hospital, your loved ones will not be

881
00:44:03,160 --> 00:44:06,040
Speaker 7: able to make medical decisions for you, right, So the

882
00:44:06,320 --> 00:44:08,120
Speaker 7: hospital is not going to really take their word for it.

883
00:44:08,200 --> 00:44:11,320
Speaker 7: And it's also difficult even if you're a spouse, you

884
00:44:11,440 --> 00:44:13,960
Speaker 7: may not be able to dictate what happens to that

885
00:44:14,200 --> 00:44:16,640
Speaker 7: person or how the hospital takes care of her him

886
00:44:16,719 --> 00:44:16,920
Speaker 7: or her.

887
00:44:17,239 --> 00:44:19,960
Speaker 6: And so the healthcare proxy will say, you know, if

888
00:44:20,040 --> 00:44:20,680
Speaker 6: I'm sick, I.

889
00:44:20,760 --> 00:44:23,000
Speaker 7: Want this person to make the decision and I want

890
00:44:23,040 --> 00:44:25,600
Speaker 7: them to be able to do these particular things. And

891
00:44:25,800 --> 00:44:27,880
Speaker 7: a living will kind of goes even further into that.

892
00:44:28,040 --> 00:44:31,680
Speaker 7: It gives like details of like treatment, like say, God forbid,

893
00:44:31,760 --> 00:44:34,560
Speaker 7: you have cancer. It will say like you know, you know,

894
00:44:34,640 --> 00:44:37,120
Speaker 7: I don't want chemo or you know, whatever the case.

895
00:44:37,160 --> 00:44:40,320
Speaker 7: It you can detail exactly what type of treatments that

896
00:44:40,360 --> 00:44:42,200
Speaker 7: you have and give direction to the person who you

897
00:44:42,280 --> 00:44:44,360
Speaker 7: gave the health care proxy to so they have some

898
00:44:44,520 --> 00:44:49,439
Speaker 7: understanding on how to act on your behalf. So power

899
00:44:49,440 --> 00:44:53,440
Speaker 7: of attorney is also extremely important because if you're incapacitated,

900
00:44:53,480 --> 00:44:55,960
Speaker 7: like you're still alive, but you can't make decisions for

901
00:44:56,040 --> 00:44:58,920
Speaker 7: yourself the healthcare I'm sorry, the power of attorney is

902
00:44:59,000 --> 00:45:02,799
Speaker 7: going to allow you to appoint somebody to take all

903
00:45:02,840 --> 00:45:06,680
Speaker 7: your finances, your insurance, your bank accounts, your homes, your

904
00:45:06,719 --> 00:45:11,040
Speaker 7: real estate taxes, anything, and if you're taking care of somebody,

905
00:45:11,120 --> 00:45:13,359
Speaker 7: it allows you to it allow that person who has

906
00:45:13,480 --> 00:45:16,640
Speaker 7: your power of attorney to continue giving like customary gifts

907
00:45:16,719 --> 00:45:19,359
Speaker 7: that you normally give to somebody, or that you're taking

908
00:45:19,400 --> 00:45:21,799
Speaker 7: care of somebody, so they can handle all those things

909
00:45:21,840 --> 00:45:24,600
Speaker 7: to make sure that your affairs are in order. And

910
00:45:24,719 --> 00:45:26,960
Speaker 7: so like sometimes people go God forbid into a coma,

911
00:45:27,040 --> 00:45:28,880
Speaker 7: but they come out. You know, you're not necessarily going

912
00:45:28,920 --> 00:45:31,359
Speaker 7: to die, but you can't make decisions or you're just sick,

913
00:45:31,760 --> 00:45:33,000
Speaker 7: So that kind of covers that.

914
00:45:33,239 --> 00:45:35,160
Speaker 3: Now it's extremely important, and just so quick, I'll take

915
00:45:35,160 --> 00:45:38,440
Speaker 3: a minute just to tell a personal story. So my grandmother.

916
00:45:39,200 --> 00:45:43,040
Speaker 3: She had twelve kids, right, so she had Alzheimer's disease.

917
00:45:43,200 --> 00:45:46,360
Speaker 3: So when she was in the last stages of her

918
00:45:46,440 --> 00:45:50,600
Speaker 3: life and she was in a coma and she was

919
00:45:50,600 --> 00:45:53,359
Speaker 3: in a hospital, so long story short, half of her

920
00:45:53,600 --> 00:45:56,480
Speaker 3: kids wanted to keep her alive. The other half of

921
00:45:56,560 --> 00:45:58,560
Speaker 3: the kids like, this isn't a quality of life, like

922
00:45:58,760 --> 00:46:01,120
Speaker 3: you need to pull a plug. There fighting with each other.

923
00:46:01,800 --> 00:46:04,320
Speaker 3: Who really knows what she wanted, right, But if she

924
00:46:04,360 --> 00:46:06,520
Speaker 3: would have done that and britten it out like look,

925
00:46:06,560 --> 00:46:08,640
Speaker 3: I don't keep me alive like you know, or keep me,

926
00:46:09,000 --> 00:46:11,200
Speaker 3: it wouldn't be an argument. So regardless of how you feel,

927
00:46:11,719 --> 00:46:14,479
Speaker 3: you can't make a decision because it's already put in place.

928
00:46:15,640 --> 00:46:16,080
Speaker 5: This is just.

929
00:46:16,239 --> 00:46:20,040
Speaker 3: And also, she owned a home and once again she

930
00:46:20,080 --> 00:46:22,560
Speaker 3: didn't have a will, right, So now you have twelve

931
00:46:22,640 --> 00:46:25,040
Speaker 3: kids that have different ideas of what they want to

932
00:46:25,080 --> 00:46:27,200
Speaker 3: do with the home. Someone to rent it out, someone

933
00:46:27,280 --> 00:46:31,320
Speaker 3: to sell it. So now it just causes fights. You

934
00:46:31,440 --> 00:46:35,000
Speaker 3: break up families, brothers and sisters stop speaking to each other.

935
00:46:35,680 --> 00:46:38,680
Speaker 3: It happens all the time. It's pretty common, right, So

936
00:46:39,280 --> 00:46:41,360
Speaker 3: this is an unfortunate situation and this is something that

937
00:46:41,400 --> 00:46:45,640
Speaker 3: we have to plan for. So thank you for coming

938
00:46:45,880 --> 00:46:51,440
Speaker 3: and giving your expertise, because, like I said, it's important,

939
00:46:51,520 --> 00:46:54,880
Speaker 3: especially in our communities where we don't know a lot off.

940
00:46:55,120 --> 00:46:57,719
Speaker 5: It's not a conversation would happened, we're not right, So

941
00:46:57,840 --> 00:47:01,960
Speaker 5: it's like hopefully like this conversation and here open eyes, like, hey,

942
00:47:02,000 --> 00:47:03,799
Speaker 5: this is something we should playful because like what you said,

943
00:47:04,000 --> 00:47:09,560
Speaker 5: nobody uh is planning I mean doesn't, but we should

944
00:47:09,680 --> 00:47:11,719
Speaker 5: right because like we said, it's not for the people

945
00:47:11,719 --> 00:47:13,839
Speaker 5: who live. It's for the people, not for the people

946
00:47:14,200 --> 00:47:16,720
Speaker 5: who die, for the people who live on with our legacies.

947
00:47:17,000 --> 00:47:17,440
Speaker 4: So thank you.

948
00:47:18,560 --> 00:47:21,080
Speaker 3: Can you can you tell the people your information how

949
00:47:21,120 --> 00:47:24,680
Speaker 3: they can follow you on social media and your website

950
00:47:24,719 --> 00:47:25,240
Speaker 3: and all that stuff.

951
00:47:25,440 --> 00:47:29,200
Speaker 7: Yes, So my website is Franco hyphen Law Firm dot

952
00:47:29,280 --> 00:47:31,839
Speaker 7: com or Franco with the dash and Lawfirm dot com.

953
00:47:32,160 --> 00:47:34,360
Speaker 6: And my Instagram is Sabine s A.

954
00:47:34,600 --> 00:47:35,560
Speaker 3: B I N E.

955
00:47:36,200 --> 00:47:37,800
Speaker 6: Underscore the Purpose Lawyer.

956
00:47:38,320 --> 00:47:43,720
Speaker 3: All right, and before we go, don't forget our Patreon Patreon.

957
00:47:44,160 --> 00:47:46,759
Speaker 4: Yes, Patreon, we have some new members on there.

958
00:47:47,400 --> 00:47:49,200
Speaker 5: Like I said last week, we're going to be starting

959
00:47:49,560 --> 00:47:51,960
Speaker 5: our home Town Hero series and we have a new

960
00:47:52,000 --> 00:47:52,560
Speaker 5: series called.

961
00:47:52,480 --> 00:47:53,320
Speaker 4: The Blueprint Series.

962
00:47:54,120 --> 00:47:56,800
Speaker 5: Well, we're going to give how to do it and

963
00:47:56,880 --> 00:47:59,520
Speaker 5: to do with things, whether it be uh in real estate,

964
00:47:59,600 --> 00:48:03,720
Speaker 5: whether it be in just everyday job training or writing

965
00:48:03,800 --> 00:48:06,040
Speaker 5: your resume, or what it looks like from a corporate

966
00:48:06,120 --> 00:48:07,680
Speaker 5: side or a recruiting side.

967
00:48:08,080 --> 00:48:09,759
Speaker 4: So we're gonna give a how to a blueprint on

968
00:48:09,840 --> 00:48:10,320
Speaker 4: how to do that.

969
00:48:10,640 --> 00:48:12,640
Speaker 5: Like a lot of people like that was so eleven

970
00:48:12,680 --> 00:48:15,360
Speaker 5: with Derek came and gave a blueprint of the restaurant business,

971
00:48:15,719 --> 00:48:17,800
Speaker 5: and I appreciate.

972
00:48:17,800 --> 00:48:19,400
Speaker 4: Shout Derek and homemade.

973
00:48:19,719 --> 00:48:22,200
Speaker 5: So we figured, you know what, let's do a series

974
00:48:22,280 --> 00:48:24,480
Speaker 5: on blueprints of how to do things, you know, just

975
00:48:24,560 --> 00:48:25,960
Speaker 5: the uplift and educate our community.

976
00:48:26,000 --> 00:48:26,560
Speaker 4: So check that out.

977
00:48:26,600 --> 00:48:28,840
Speaker 5: That will be on Patreon, it will also be on YouTube.

978
00:48:29,680 --> 00:48:33,480
Speaker 5: Continue to subscribe to that, go to our website, our

979
00:48:33,560 --> 00:48:35,879
Speaker 5: merchant up. We're gonna have a new line coming soon,

980
00:48:36,000 --> 00:48:37,719
Speaker 5: so definitely keep supporting man.

981
00:48:37,800 --> 00:48:38,080
Speaker 4: Thank you.

982
00:48:43,000 --> 00:48:45,960
Speaker 3: And then before I go, always say a book that

983
00:48:46,080 --> 00:48:48,319
Speaker 3: I've read or that I'm reading. So my book tip

984
00:48:48,400 --> 00:48:53,600
Speaker 3: of this week is the Four Agreements. Yes change my Life.

985
00:48:53,640 --> 00:48:55,160
Speaker 3: The book has changed my life. I read it a

986
00:48:55,200 --> 00:48:57,880
Speaker 3: few years ago and one agreement, my favorite agreement is

987
00:48:57,960 --> 00:49:00,880
Speaker 3: not taking anything personal. Yes, and domb is something that

988
00:49:01,160 --> 00:49:06,320
Speaker 3: has changed my life. So I recommend anybody to check that.

989
00:49:06,719 --> 00:49:09,360
Speaker 5: Not an easy task, but definitely one that you actually

990
00:49:09,400 --> 00:49:11,120
Speaker 5: passed that that book on to me as well.

991
00:49:11,200 --> 00:49:12,800
Speaker 6: So I was challenging to follow.

992
00:49:13,360 --> 00:49:13,440
Speaker 5: Ye.

993
00:49:16,600 --> 00:49:19,840
Speaker 3: So all right, guys, well we will see you next week. Peace.

994
00:49:46,440 --> 00:49:50,080
Speaker 1: An illegal alien from Guatemala charged with raping a child

995
00:49:50,160 --> 00:49:53,920
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

996
00:49:54,200 --> 00:49:58,279
Speaker 1: accused of murdering a Texas man of Venezuelan charged with

997
00:49:58,400 --> 00:50:02,279
Speaker 1: filming and selling child biography in Michigan. These are just

998
00:50:02,400 --> 00:50:06,120
Speaker 1: some of the heinous migrant criminals caught because of President

999
00:50:06,200 --> 00:50:09,719
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States

1000
00:50:09,800 --> 00:50:14,560
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

1001
00:50:14,640 --> 00:50:18,120
Speaker 1: crossings are at the lowest levels ever recorded, and over

1002
00:50:18,239 --> 00:50:21,400
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

1003
00:50:21,520 --> 00:50:25,319
Speaker 1: are here illegally, your next you will be fine nearly

1004
00:50:25,480 --> 00:50:29,399
Speaker 1: one thousand dollars a day, imprisoned and deported, you will

1005
00:50:29,520 --> 00:50:30,240
Speaker 1: never return.

1006
00:50:30,600 --> 00:50:31,000
Speaker 3: But if you.

1007
00:50:31,120 --> 00:50:34,680
Speaker 1: Register using our CBP home app and leave now, you

1008
00:50:34,800 --> 00:50:36,560
Speaker 1: could be allowed to return legally.

1009
00:50:36,960 --> 00:50:37,719
Speaker 6: Do what's right.

1010
00:50:38,320 --> 00:50:43,239
Speaker 1: Leave now. Under President Trump America's laws, border and families

1011
00:50:43,480 --> 00:50:43,640
Speaker 1: will

1012
00:50:43,680 --> 00:50:46,520
Speaker 2: Be Protected sponsored by the United States Department of Homeland Security,