Michael B. Joseph to Moderate Bankruptcy Court Panel

Michael B. Joseph to Moderate Bankruptcy Court Panel

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.

Charitable Trusts

Charitable Trusts

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 […]

Outliving your Retirement Savings

Outliving your Retirement Savings

According to a recent report in The Washington Post, Americans are living longer than ever.  However, within such a notable finding there also comes the realization that people are also living more expensive lives as a result, often without much of a financial safety net gathered along the way.  In fact, the report adds, nearly 20% of Americans over the age of 65-years-old are working today.  While some of these […]

Pet Trusts

Pet Trusts

Evolving attitudes over the last few decades toward domesticated pets has trended widely enough across the American landscape in such a way that it has largely reshaped the way we view animals as being an extended part of our families.  In fact, statistics show that pet ownership in the United States increased roughly 3 percent from 2010 to 2015, to where approximately 65 percent of households now own a pet.  […]

Court of Chancery Issues Judgment Against Son Who Depleted Mother’s Retirement Account

Court of Chancery Issues Judgment Against Son Who Depleted Mother’s Retirement Account

    By:  Brian J. Ferry, Esq. Ferry Joseph, P.A. On October 14, 2015, Vice Chancellor Sam Glasscock III of the Court of Chancery issued a Memorandum Opinion in the matter of Korn v. Korn, C.A. No. 8266-VCG. In his Opinion, the Vice Chancellor issued a judgment in the amount of $401,000 against the Plaintiff, Richard J. Korn, for unauthorized distributions that were taken out of his mother’s Morgan Stanley […]