The March 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. This month:...
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The March 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. This month: Estate planning myths.
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Pub. il Giugno 26th 2011
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The April 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Protect yourself...
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The April 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Protect yourself from asset sharks.
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Da Michael Wild
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Pub. il Giugno 26th 2011
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The April 2011 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Small Business...
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The April 2011 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Small Business Document Edition.
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The February 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Estate...
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The February 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Estate planning edition.
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Pub. il Giugno 25th 2011
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The January 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Are you...
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The January 2010 Edition of the Wild Felice and Pardo, PA Estate Planning, Asset Protection and Probate administration newsletter featuring news and tips useful for any resident of Fort Lauderdale, or the greater South Florida area who is interested in planning their estate, protecting their assets and avoiding probate. Are you protected?
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Da Michael Wild
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Wild Felice & Pardo, P.
A.
Reasons To Avoid The Probate Process
Probate has a number of drawbacks.
First and foremost, it is quite costly.
The
probate of an estate will usually cost between 4 and 7 percent of the value of the
entire estate.
The lawyers, Court, and creditors will all be paid before your
family or beneficiaries see...
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Wild Felice & Pardo, P. A. Reasons To Avoid The Probate Process Probate has a number of drawbacks. First and foremost, it is quite costly. The probate of an estate will usually cost between 4 and 7 percent of the value of the entire estate. The lawyers, Court, and creditors will all be paid before your family or beneficiaries see even one cent. Another drawback to probate is that it is very time consuming. The probate of a simple estate can take between 6 and 18 months. Some estates take over 3 years to complete the probate. During this time, your family has no access to the assets in your estate and no ability to sell or manage assets even as they depreciate in value. A third drawback is the embarrassment of your dirty laundry being made public knowledge. While trusts are completely private and sheltered from everyone’s view except for the trustee that you appoint, probate is public record and your will shall be filed with the clerk of courts where anyone with a computer can
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Da Michael Wild
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Pub. il Apr 28th 2011
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Wild Felice & Pardo, P.
A.
Asset Protection For Professionals
If you have a professional license, you may as well wear a sign that says
“Please Sue Me.
” The general belief of the public is that a profession is very
wealthy and highly insured, which leads to an easy payday if they can make a
claim that you did something wrong or...
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Wild Felice & Pardo, P. A. Asset Protection For Professionals If you have a professional license, you may as well wear a sign that says “Please Sue Me. ” The general belief of the public is that a profession is very wealthy and highly insured, which leads to an easy payday if they can make a claim that you did something wrong or that the result of something you did correctly was not ideal for them. In this economy, the problem of frivolous lawsuits has grown even worse. About 50 million lawsuits are filed each year; if you earn a dollar, there is someone out there trying to take it from you. Implementing a comprehensive asset protection plan is an absolute necessity. The first step in the protection of a dental practice is to choose the right form of business entity. You should always choose an entity that limits your personal exposure. After all, if someone is successful in a lawsuit against you as a professional, it should not permit them to recover against assets you own as a
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Wild Felice & Pardo, P.
A.
Buy-Sell Agreements
A buy-sell agreement is a legally binding document that enables you
to continue your company after the death, retirement, disability, or withdrawal
of a stockholder (partner).
The two primary types are the cross-purchase
agreement through which you directly buy the stock of your former...
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Wild Felice & Pardo, P. A. Buy-Sell Agreements A buy-sell agreement is a legally binding document that enables you to continue your company after the death, retirement, disability, or withdrawal of a stockholder (partner). The two primary types are the cross-purchase agreement through which you directly buy the stock of your former coshareholder, and the stock redemption agreement in which your company buys the interest of the former owner. Future articles in this series will provide more specific information on the cross-purchase and sock redemption arrangements. Two less common forms are the third-party buy-out agreement involving the purchase by a key person, outside individual, or other non-owner, and the wait and see buy-sell agreement which is a combination of one or more of the other three types. Stock ownership or a partnership interest is often a significant portion of an individual’s estate. A buy-sell plan provides you with the liquidity to cover estate taxes, probate
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Da Michael Wild
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Wild Felice & Pardo, P.
A.
Business Succession Planning
Edition
The last thing you want to leave your loved ones after you die is a
hassle.
As a business owner, you can’t imagine a day when you aren’t
able to run your business.
The day will come when your business must
pass onto the next generation.
In this issue, we...
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Wild Felice & Pardo, P. A. Business Succession Planning Edition The last thing you want to leave your loved ones after you die is a hassle. As a business owner, you can’t imagine a day when you aren’t able to run your business. The day will come when your business must pass onto the next generation. In this issue, we will discuss: What is Business Succession Planning? The benefits of a Business Succession Plan. Methods of transferring your business through purchase agreements. What an attorney will need to identify your needs and establish your Business Succession Plan. Wild Felice & Pardo is a full-service, Fort Lauderdale, Florida based law firm with a specialty in asset protection. We utilize a combination of estate planning, real estate law, corporate formation, family law, and asset structuring to assure that our clients are protected from potential litigation, creditors, and any other threats that may be looming. A properly designed ass
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Pub. il Marzo 16th 2011
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Using Offshore Trusts: Asset Protection in a Litigious Society
By Michael D.
Wild
Anyone who has property or assets valued over $300,000 should
consider protecting them from a possible lawsuit.
Litigation has become
a popular means for the accumulation of wealth.
We see it on television
every day; people "recover"...
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Using Offshore Trusts: Asset Protection in a Litigious Society By Michael D. Wild Anyone who has property or assets valued over $300,000 should consider protecting them from a possible lawsuit. Litigation has become a popular means for the accumulation of wealth. We see it on television every day; people "recover" exaggerated sums of money for just about any reason. Today, if a person believes there is any possibility of obtaining money by means of a lawsuit, they will file a lawsuit. Defendants in a lawsuit settle without ever doing anything wrong because a defense attorney usually charges on an hourly basis. It is less expensive to settle than to litigate and defend yourself against the claim. Plaintiff s attorneys, on the other hand, are likely to take the case on a contingency basis. Many times claims are filed because the plaintiff has nothing to lose. When an attorney discusses a possible lawsuit with a prospective client, the lawyer will look at
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Da Michael Wild
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Pub. il Marzo 16th 2011
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