Newsletter – July 9, 2009

N E W S L E T T E R   July 9, 2009   RE: ESTATE PLANNING ISSUES     This letter is intended to touch on some of the issues my clients are currently addressing in today’s economic and legal environment.  Many of these issues are historically common, and some of these issues are driven by the low valuations of their businesses and real estate, as well as today’s low interest rates for estate planning projects.  Another matter that seems to be impacting estate planning more frequently is the concern for asset protection given the current litigious legal environment.   Some of these issues may also affect you or your clients:   ∙ Clients are restructuring their assets so that instead of financial assets, real estate, or a business being owned by the client, the client owns a limited liability company which owns such assets.  The client can Continue reading