From the beginning of time, there have been those that seek to scam money away from others. Today’s digital consumers are generally more aware of the risks involved with online use and transactions; in turn, scammers are getting smarter and creating more realistic looking ventures. However, many general principles apply to protect your hard earned […]
As the premier fiduciary litigators in Georgia, we have firsthand experience helping families solve conflict. In a recent episode of our “Wealth Matters” radio show, Gaslowitz Frankel partners Adam Gaslowitz, Craig Frankel, and Robert Port answer more questions on how to avoid family disputes regarding money, estates, and businesses. How Do Spouses Affect Estate Planning? […]
Fiduciary duties are legally imposed standards to which fiduciaries must adhere. The range of standards is wide and can be specified depending on the type of fiduciary relationship that exists between a representative and his representee. However, these standards can typically be broken into one of two categories: the duty of care and the fiduciary […]
There are many things to consider when looking for a fiduciary to help you grow and sustain your wealth. You want a person with integrity, interpersonal skills. But what else should you consider? Selecting a fiduciary is not something that should be done lightly. Here are some recommendations for the qualities to look for in […]
“Funding” a living trust refers to the process of transferring the ownership of assets from yourself to your trust. When this occurs, the assets are no longer titled to you, individually, but to your trust in care of your trustee. Funding a living trust can be quite complicated as different assets have different processes for […]
After a trust is initially created, it’s important to manage and, if the trust is revokable, to update it as significant life events occur. From graduating, getting married, having kids, and grieving the passing of loved ones, there are various stages throughout our lives when a trust should be revisited to ensure all information and […]
Are you getting ready to give your kids the family business? Are you unsure of what to expect and plan for? In a recent episode of our “Wealth Matters” radio show, our founding partners Adam Gaslowitz and Craig Frankel met virtually with two special guests from Wilmington Trust: Southeast Regional President Garrett Alton, ChFC, CLU, […]
When handing over a family business to the next generation, there are a few common and costly mistakes people make. Our founding partners Adam Gaslowitz and Craig Frankel recently hosted an episode of our “Wealth Matters” radio show with two special guests from Wilmington Trust — Southeast Regional President Garrett Alton, ChFC, CLU, CEPA and […]
Employee Stock Ownership Plans (ESOPs) are a type of employee benefit plan that companies can participate in. They are qualified retirement plans that buy, hold and sell company stock for the benefit of the employees. With an ESOP, a trust is established and each year the employee makes tax-deductible contributions of company shares that are […]
When both parties agree that their dispute can be resolved without litigation or going to trial, they’ll begin the process of alternative dispute resolution. There are different types of alternative dispute resolution. Depending on the solution you are looking for, you could go through mediation, arbitration, or collaborative law. Alternative dispute resolution is usually more […]
