Family’s Financial Hurricane

Family’s Financial Hurricane

Timothy S. Ferry, Esq. Ferry Joseph, P.A. Businessman Peter Karmanos, Jr., the Compuware co-founder and owner of the NHL’s Carolina Hurricanes, recently found himself caught in the middle of a financial storm that was allegedly considered to be of his own making.  His three adult sons filed suit against their father, arguing that they were owed money from a partnership valued at over $100 million that began with the intent […]

David J. Ferry, Jr., Esq. Named as one of the 2016 Top Lawyers

David J. Ferry, Jr., Esq. Named as one of the 2016 Top Lawyers

Ferry Joseph, P.A, is proud to announce that David J. Ferry, Jr. has been recognized as one of the 2016 Top Lawyers by Delaware Today magazine in the area of Elder Law.  Ferry is a managing director and a founder of Ferry Joseph.  In addition to elder law, Ferry handles matters in the areas of estate planning, estate and trust administration and litigation, guardianship, general litigation and mediation.

Celebrity Estates Update

Celebrity Estates Update

David J. Ferry, Jr., Esq. Ferry Joseph, P.A. Over the last year, we have provided insights into estate and trust matters concerning various celebrities and wealthy families on this blog.  As a courtesy to those interested in seeing where things stand presently with these individuals, we are now offering updates on Tom Benson, Sumner Redstone, and Prince Rogers Nelson. When we first spoke of New Orleans Saints and Pelicans owner […]

Difficulties in Transitioning Wealth to the Next Generation

Difficulties in Transitioning Wealth to the Next Generation

Difficulties in Transitioning Wealth to the Next Generation Lisa L. Coggins, Esq. The old adage ‘More money, more problems’ has often proven to be more than just a quaint saying, particularly for high net-worth families amidst the transitioning of wealth to the next generation.  Take for instance the struggles of Shari Redstone, daughter to media magnate Sumner Redstone. A controlling interest – 80 percent – of her family’s fortune in […]

The Elderly, Consumer Debt, & Financial Abuse

The Elderly, Consumer Debt, & Financial Abuse

The Elderly, Consumer Debt, & Financial Abuse (August 2016) By: Michael B. Joseph, Esquire             Senior citizens, those 65 years old and older are increasingly burdened by alarming levels of consumer debt.  Retirement and fixed income is insufficient to sustain the monthly expenses for many older adults. Some are unable to pay ongoing regular monthly expenses, costs of health care, and make payments on mortgages, auto loans, and credit cards.  […]