Archive for July, 2013:

Changes coming to the Fair Debt Collection Practices Act: Banks better be ready.

The Fair Debt Collection Practices Act (“FDCPA”) fines debt collectors for using false or misleading representations, including harassment or abuse among other things, in the collection of consumer debts, not business loans.  However, the FDCPA specifically defines debt collector to mean “any person who . . .  regularly collects or attempts to collect, directly or indirectly, debts owed […]


Why do estate planning? Answer No. 6 minimize tax burdens.

Many people do not understand the consequences of failing to properly plan. I recently read a story regarding James Gandolfini’s will. See here An inappropriate estate plan lead to a death tax of approximately $30 million.


Excellent article for estate planning practitioners

George D. Karibjanian recently wrote a wonderful article regarding the Morey v. Everbank decision in Florida.  The article discusses the interplay between the court’s analysis and the Florida statutes governing the exemption of life insurance proceeds.  Carlton W.  Morey Jr.  was the owner of two life insurance policies “each with death benefits in the amount of […]