Last week was our annual family vacation to the beach. We go to Seagrove Beach, Florida each summer with a large group of friends. And while I'm more of a mountains guy than a beach guy, the trip is always fun. While I now need a vacation from my vacation, I'm back in the office today working to get caught up on things, including the blog.
We had great weather this year. Seagrove was a little cooler than Atlanta was, we had a good breeze and the rain held off, too, raining on us just briefly on Thursday. The white sand was nice and the pool was cool and refreshing, but the ocean was rough at times. Many days the red flag was flying warning folks to be careful of rougher waves and currents. I heeded the warnings, teaching the kids about water safety and the flag system, and we made sure to be safe while playing around in the water. One of the local newspapers had an article about recent rough waves and currents in the area that had closed many beaches a week earlier or so, and detailing a large number of rescues by the lifeguards and fire department. The reporter had also interviewed several vacationers out on the beach and it turned out that many folks there simply had no clue about the flag system, and what the different flags meant, or even to look out for them. As I thought about that, I drew a parallel that many folks don't know what to look for in terms of metaphorical "red flags" in their own lives as it relates to legal situations. So a new blog series was born.
In the next several posts, I'll talk about "red flags" in various situations from broker-dealer and stockbroker compliance, estate planning issues, small business law, and criminal defense issues. I hope that this series will help folks recognize the red flags waving in their own situation, and then prompt them to respond to those flags. Stay tuned over the next few weeks for the red flag posts.
Picture: Joel Beck, Seagrove Beach, June 2012.