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.
A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select the person or persons you want -- often even yourself -- as the Trustee(s) to carry out the instructions you want in the Trust and name one or more Successor Trustees to take over if you cannot. Unlike a Will, a Trust usually becomes effective immediately, continues in force during your lifetime even in the event of your incapacity, and continues after your death. Most Trusts are "revocable" which allows the person who creates the Trust to make future changes, modifications and even to terminate it.
Newsroom
Latest news about Financial & Estate Planning in Plano and nationwide:
Definition:
The value of an estate before the debts are paid. In California Probate statutory attorneys and personal representatives fees are usually calculated based on the gross value of the estate, so that the value of the home is calculated before deducting the amount due on the mortgage.
Incapacity / Incompetent
Definition:
Legally unable to manage one's own affairs due to mental disability. This may be temporary or permanent.
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.
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?