Selecting a financial planner for your financing is a very important decision. Please enter your information below to locate a qualified financial planner in your area
Estate Planning News
Man Convicted of Mail Fraud and Consipracy to Commit SS Fraud
United States Attorney Margaret M. Chiara and Eaton County Prosecuting Attorney Jeffrey L. Sauter announced the conviction, by plea, of Charles M. Zwick, a licensed attorney with a practice in Charlotte, Michigan, and Kathy L. Vanderske, his office manager, of Portland, Michigan, for conspiracy to commit mail fraud and conspiracy to commit Social Security fraud. Each count carries a maximum sentence of five years’ imprisonment. Vanderske pled guilty to the charges on December 10, 2006 and Zwick on December 13, 2006 before Magistrate Judge Joseph M. Scoville.
The charges stem from a joint task force investigation conducted by the Eaton County Sheriff’s Department, Charlotte Police Department, Michigan State Police, Social Security Administration--Office of Inspector General, and the Federal Bureau of Investigation. The 16 - month investigation began in July of 2005, when Zwick failed to appear in Eaton County Probate Court to show cause why he was not filing reports of assets under his control. After a bench warrant was issued, he was arrested during a traffic stop in St. Joseph, Michigan, on August 14, 2005.
At the plea proceedings, both Zwick and Vanderske admitted that between 2000 and July 2005, when the law office closed, they had regularly and systematically taken money from the accounts of the wards and estates of clients of the practice. They admitted to having taken approximately $1.5 million in assets from 100 victims. Following the completion of a presentence investigation, the defendants will be sentenced before United States District Judge Gordon J. Quist in the spring of 2007.
Estate planning is a process to consider alternatives
Good estate planning is more than just a simple Will. Estate planning also typically minimizes potential taxes and fees, and sets up contingency planning to make sure your wishes regarding health care treatment are followed.
On the financial side, a good estate plan coordinates what would happen with your home, your investments, your business, your life insurance, your employee benefits (such as a 401K plan), and other property in the event you became disabled or if you die.
Newsroom
Latest news about Financial & Estate Planning in Plano and nationwide:
Definition:
A legal partnership agreement between members of a family for the management and control of property for the benefit of family members. Sometimes used to minimize transfer taxes.
Trustee
Definition:
A person or institution responsible for the management and distribution of property held in a Trust. The trustee has the authority to act according to the instructions provided in the trust agreement. See Fiduciary.
Exemption Credit
Definition:
The amount of tax credit, similar in nature to the personal income tax exemption, applied to the transfer tax due at a person's death.
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Plano Estate Planner.com is not intended to be legal advice, but merely conveys
general information related to legal issues commonly encountered. Your access
to and use of this website is subject to additional Terms
and Conditions.
Did You Know?