The recent death of beloved musical artist Aretha Franklin has prompted a wave of tributes from across the world. From her early beginnings as a gospel-singing prodigy growing up in Detroit up to and through her reign as The Queen of Soul, the legendary singer left an indelible mark on American culture. Documents filed this month in a Michigan county probate court, however, also show that Ms. Franklin left no […]
Though signs of economic success are abound throughout the country, not all groups are benefitting from the financial growth in the same manner. In particular, a jarring trend of senior citizens filing for bankruptcy in record numbers has both researchers and experts concerned. The findings from a recent prominent national study paint a bleak picture for older Americans. Amongst the key findings include the rate at which seniors’ bankruptcy filings […]
Though often overlooked, properly storing estate planning documents is an issue that only seems to get the necessary attention it needs when things have gone awry. Those who heed such advice often can rest comfortably knowing their vital documents are safely stored for when the time comes for their loved ones to retrieve them. Contrarily, those who fail to take the proper precautions are too often literally leaving their family […]
Ferry Joseph Managing Director Michael B. Joseph will moderate a panel entitled “Why Do Bad Things Happen to Good Lawyers?” on Tuesday, January 30, 2018 at the Consumer Bankruptcy Program at the Hotel DuPont in Wilmington, Delaware. In addition to his role at Ferry Joseph, Mr. Joseph has been the Chapter 13 Bankruptcy Trustee for the District of Delaware since 1987.
For many years, the traditional formula upon a parent’s passing has been to bequeath their property and assets to the surviving members of his or her family. Yet while this continues to be the predominant estate planning choice employed by many parents, there has also been a noted uptick in those who wish to bequeath their assets to charitable trusts. Charitable trusts allow individuals to give to charity while simultaneously […]