Even if their trust funds run out, the law still stipulate certain amount to be paid out to qualified seniors of the society.

Your parents grew up in a different society and you should not think their input on school and business is very useful. 

We unfortunately live in a society where litigation is viewed as a source of windfall profits.So, the choice to go forward and do-it-yourself without advanced education is a personal choice.

Unfortunately, in today's litigious society, the risk of using uninsured "spot labor" far outweighs any short-time or financial benefit.

To go through the rigamarole of assigning TIC %s seems to be both unnecessary and dangerous because you are now flirting with a change or perception of change of ownership structure.Going into contract as your names does not hurt anything.  

Society has done a great job accommodating wheelchairs.  

PML don't charge points.. one it may be illegal and or they simply don't know they can or cannot.PML is someone you know personally.. anyone on the net or any other kind of advertising is NOT a private money lender they are a HML just trying to market them selves as a PML as there is a perception the money is cheaper as indicated above in some of the responses.for folks doing a deal or two a year PML can work.. anyone who is looking to scale will normally run PML out of money after a deal or two.. so really depends on what your trying to accomplish. 

(not to say that you are scamming people, just decribing the perception and perception can make or brake you in business.

Addiction is one of the most destructive and complex problems facing our society.

My primary concern is the perception of nit picky third parties accustomed to reading P&L statements/what they'd perceive as normative for this kind of business.