LIST WITH LANZ
I HAVE BUYERS!
L O O K !
PENINSULA BEACON SPECIAL EDITION THURSDAY, DECEMBER 3, 2015
San Diego County appears to havemade the nice list this holiday season.Barring last-minute misbehavior, theregions economy can expect several sig-nificant gifts this December, according toa SANDAG look at projected activity.
SANDAG chief economist Ray Majorbroke down national and regional statis-tics to highlight some of the key factorsthat will impact San Diego County duringthe holidays. Some interesting projectionsinclude:
Holiday spending in San Diego County- $5.3 billion total dollars to be ded-
icated to retail and food service spendingin December
- $1,600 average amount each res-ident will spend on food and retail pur-chases in December
- $900 average amount adults willspend on holiday gifts
- Nearly 20 percent expected spend-ing increase by residents in December onretail and food services compared to othermonths of the year
Holiday jobs- 30,000 number of seasonal jobs
that will be supported by the holiday sea-son in San Diego County
- $32 million total salaries to beearned by these seasonal workers duringthe holidays
Holiday travel- 91 percentage of visitors who will
come to San Diego County by car inDecember
- 378,000 additional cars that willtravel to San Diego County in December
- 104 million total number of addi-tional miles expected to be logged by carvisitors while traveling to the region inDecember (4,200 trips around the world)
Holiday tourism*- 1.1 million number of additional
visitors expected in the San Diego regionduring the month of December (enoughto fill Qualcomm Stadium 16 times)
- 730,000 number of additional vis-itors (of the 1.1 million mentioned above)who will come from Mexico to shop andvisit friends and family in December
* (compared to non-peak months)
If Ocean Beach's Newport Avenuecould talk, you'd have a hard timeshutting it up. It's 128 years old,after all (OB was founded in 1887),and it's seen a shipload of neighbor-hood history, good, bad and ugly. 35of those years make up the heftygood side of the ledger with the OBHoliday Parade, the 36th install-ment of which is set for Saturday,Dec. 5, at 5:05 p.m. (OB time) upand down Newport between SunsetCliffs Boulevard and Abbott Street.It's on rain or shine, it's fantastic andit's free.
This year's theme is
Joy to the Sea
36 Years Celebrating OB
Vintage VW bugs and woodys,floats, marching bands, Celtic bag-pipers, kids on unicycles, the SDRoller Derby Dolls, bands for days,ukulele serenades, Chopper theBiker Dog, an appearance by the BigMan himself: They're all part of100 eclectic entries that will bringjoy, mirth and merriment to92107, said Gretchen Newsom,president of Ocean Beach TownCouncil, which sponsors the event.
The parade, Newsom noted, ismounted by 100 volunteers in atrue OPB grass-roots fashion, and itenlivens our community with theholiday spirit. Events include deco-ration of the community Christmastree at the foot of Newport and thekick-off of a food and toy drive ben-efiting local families and seniors. Thelighting of the tree at the foot of
Newport will mark the beginning ofthe parade.
More than 35 years ago, fivebrothers that called themselves theJames Gang (today, the family ownsthe neighborhood's landmarksilkscreener of the same name) gotthe crazy idea to bring a Christmastree to town in hopes of establish-ing a little more identity for a grow-ing burg. Today, Ocean Beach toutsa population of 12,000 tightlypacked souls, and thousands ofthose (along with an equal numberof outsiders) are expected to wall off
Newport the entire evening. Most shops, bars and eateries are
expected to stay open for shoppers and all of them owe a debt to histo-ry amid the brothers' simple gestureof neighborhood goodwill.
OB holds a special place in SanDiego's heart the faster the calen-dar advances, the more the neigh-borhood stays put. Everybody's invit-ed to see what this means on Dec. 5;you're sure to come away with arenewed love for OB on Dec. 6.Happy Holidays!
SHOP OB FOR THE HOLIDAYS2 THURSDAY DECEMBER 3, 2015THE PENINSULA BEACON
SOME ESTATE PLANNING BASICS
1. Surprisingly to me, about 35% of folksdie without leaving a will or trust to pass ontheir property. This is called dying "intes-tate." The result is that your property pass-es to your heirs in a "pecking order" pre-established by the California Probate Codepossibly not in the manner you would havechosen had you made a will or a trust.Another negative consequence of dyingintestate is that your estate will have toundergo a costly and time-consuming pro-bate before title to the property can be trans-ferred to your heirs.
2. So, to pass on your property shouldyou use a will or a trust? As a starting point,if you own a home, you should make a trust.This is because when you die, no probate ofthe trust would be required, whereas a pro-bate would be required if this house passed,instead, by a will. When you do set up atrust, be sure to transfer title to the house bydeed to yourself as trustee of your new trust.
3. Just what is a "trust?" A trust is anarrangement whereby you as "trustor"transfer certain property to a "trustee" (typ-ically yourself while you are alive) who holdsand manages this property for the benefit ofa "beneficiary" (again, typically yourselfwhile you are alive, and whoever you leavethe property to, upon your death). Theterms of this trust are set forth in a trustinstrument (usually called a Declaration ofTrust or a Trust Agreement).
4. In the above case, what type of trustshould you use? Typically, you will use whatis called a revocable living trust. Such atrust is "revocable," since it can be changedin any manner or even terminated whileyou are still alive. It is "living," because it is
created while you are alive.5. If you create a revocable living trust, are
there other estate planning documents youshould create? If so, what are they? Yes,there are some supplemental estate plan-ning documents you should have. Here arethe most important ones:
Will This will provide that anythingthat was not transferred into your trust, ordisposed of by other means (such as a lifeinsurance policy death benefit payable toits beneficiary) will pass to your trust and bedistributed as a part hereof.
General Power of Attorney this is ageneral/financial power of attorneydesig-nating an "agent" to conduct your affairs ifyou are unable.
Advanced Health Care Directive con-tains: a health care power of attorney des-ignating an agent to make emergency med-ical and related decisions on your behalf ifyou are unable; "pull the plug" provisions ifyou so desire; and organ donation direc-tions as you see fit.
6. If you're married, what estate planningdocuments do you need? Typically a mar-ried couple will have one "joint" trust instru-ment between yourselves, and a separatewill, general power of attorney, and advancehealth care directive for each of you.
Always ready to be of service, I am DickMcEntyre, having served the San Diegocommunity for over 40 years. If you have atough time getting around, I will gladlymake a "house call."
by: Dick McEntyre, Attorney at Law
Dick McEntyre is a lawyer doing estate planning, estateadministration, and real estate legal work. His office is
located at 3156 Sports Arena Boulevard, Suite 102 (Telephone (619) 221-0279).
OPEN7 DAYSA W E E K
1055 Rosecrans St.In the Heart of Point Loma Village
Ocean Beachs iconic Holiday Parade marches into its 36th year
San Diego reaps economic benefits of holiday season
CHRISTMAS IN OB 3THURSDAY DECEMBER 3, 2015THE PENINSULA BEACON
O CHRISTMAS TREE!A 114-year-old star pine gave itself up forOcean Beach on Dec. 1, as the Troncellito fam-ily donated 40 feet of the 120-foot tree behindtheir Brighton Avenue home as this year's com-munity Christmas tree. This is the second timein 12 years that the tree has been pressed intoservice. The same one was topped in 2003 andwas mounted at the usual spot, the foot of Newport Avenue and Abbott Street. The starpine, also called the Hawaiian Christmas tree, was originally grown in New Caledonia inthe South Pacific. OBecians donate blow-up beach balls and colorful lights, and SantaClaus pays a visit during the weekends in December. The tree stays put until a few daysafter New Year's. PHOTOS BY KEVIN HAGGERTY
SHOP OB FOR THE HOLIDAYS4 THURSDAY DECEMBER 3, 2015THE PENINSULA BEACON
CA LIC# 783646 2016
An American Company With Roots InOur Community
The George family: Tony & Gina, Susie Q & Lola DogWe are grateful for OB X-Mas Parade & Participants, God, Family,
Country, Friends, Employees, Customers, OBMA, and OB.
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