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News
- $6.4 million fine for companies guilty of scamming seniors with pricey legal plans...
Posted on 10/22/2009 - Preparing a living trust for your children? Don’t forget to name a guardian...
Posted on 9/30/2009 - An unusual type of trust is becoming popular...
Posted on 8/31/2009 - Can you make your trust a beneficiary of your IRA?...
Posted on 8/31/2009 - Financial elder abuse cases on the rise as economy continues to struggle...
Posted on 7/29/2009
Library
Living Trusts
- The Three Advantages to the Revocable Living Trust
- Understanding Financial and Legal Planning Techniques: Management of a Family Business or Real Estate With a Trust
- What is the difference between a will and a trust?
- Lessons On Probate and the Benefit of a Trust From Michael Jackson's Estate Distribution
- Myths about Revocable Living Trusts, Lawyers and Estate Planning. You want the best Elder Law Attorney and Estate Planning Attorney on your side. Call us for a FREE consultation at (800) 879 0984
Understanding Financial and Legal Planning Techniques: Management of a Family Business or Real Estate With a Trust
When you own their own business, and only some of the family work in that business, or when they own a parcel of real estate, (like a family home or vacation condo) which you hope will remain in the family for future generations, a trust is a useful vehicle for planning for future succession for the management of the business or real estate parcel, and how the future uses and benefits should be shared. You can dictate, through your trust, who will succeed to management, what the manager's responsibilities will be, the degree to which other members of the family will participate in management decisions, and how subsequent successors will be named. Such provisions are not unlike those which would be contained in a partnership agreement if some members of the second generation are already owners or if members of other families are present.
Contact an Elder Law Attorney in Pennsylvania who is an experienced expert in Legal and Financial matters concerning long-term care planning.
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We wrote these books for two reasons. Number One: We were tired of the differing opinions, misunderstandings, and confusion in the marketplace and quite frankly, outright lies that some advisors are telling their clients. Number Two: We've wanted to correct the lack of what we consider consumer friendly books or advice about elder law and estate planning.
We want this book to be a tool that financial planners and consumers can use as a down to earth primer of estate panning and elder law!
"Finally... books written on what some might consider to be dry legal topics, but written by attorneys who somehow make it all come to life. Jim Shields and Tom Boris are attorneys who "get it" and that is rare in this day and age. I have been practicing elder law and estate planning for longer than I care to admit... and I confess, I learned a lot from these books. In fact, I wish I was the one who had written them for my clients."
William G. Hammond
Attorney at Law
Overland Park, KS
Elder Law Offices of Shields and Boris
109 VIP Drive
Suite 102
Wexford, PA 15090
Phone: (724) 934-5044
Toll Free: (800) 879-0984
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