Warm Wishes For Very Happy Holidays
By: Stuart R. Morris, Esq., CPA, B.C.S. - December 06, 2019
Season's Greetings! Click below to read our newsletter note for December 2019.
How Wearing Jeans Helps Benefit Our Community
By: Caryn L. Stumpfl, Marketing Director, Morris Law Group - December 06, 2019
Morris Law Group's staff of attorneys, paralegals and other professional personnel participate in a voluntary charitable giving program supporting a variety of charitable causes each year. By contributing $5 each per week to wear jeans on Friday, the team has been able to raise more than $2,000 in donations for our selected charities this year.
Joint Vs. Separate Revocable Trusts: Why Married Couples May Want To Choose Separate Revocable Trusts
By: Joe D. Lieberman, J.D., LL.M., Law Clerk, Morris Law Group - December 06, 2019
As we discuss on our website, a Revocable Trust is a fundamental component of an estate plan. It is created by an individual (also known as the Grantor) during his or her lifetime, and can be revoked or amended by the Grantor at any time he or she is living and not incapacitated. All assets owned by a Revocable Trust are managed by the Trustee, which in most cases is also the Grantor. Upon the Grantor’s death, the designated Successor Trustee will step into the role and administer the distribution of the Grantor’s assets. Deciding between joint and separate Revocable Trusts for married couples is an important aspect of estate planning. The following are some reasons why married couples may want to choose separate as opposed to joint Revocable Trusts.
By: Morris Law Group Staff - November 28, 2019
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Wealth Preservation Solutions: The Tiers Of Asset Protection
By: Joe D. Lieberman, J.D., LL.M., Law Clerk, Morris Law Group - November 01, 2019
The theory behind wealth preservation is to move assets away from a potential creditor's reach. The ideal time to consider wealth preservation planning is before being sued or threatened with a suit and while the individual is solvent. At Morris Law Group, we employ a tiered asset protection approach to create a Wealth Preservation Solution that is unique to each client’s situation. Below are the asset protection tiers, starting at the simplest form: