Posts by Rick Durfee
Safe File Document Storage
Your Safe File Document storage is an often over looked element of estate planning. We store our client’s original documents in our fireproof safes as a value added service. This service includes an annual due diligence audit of the Safe File for the limited purpose of verifying that your documents are either in our possession…
Read MoreBusiness Limited Partnership
Business Limited Partnership vs. Family Limited Partnership For many years the “Family Limited Partnership” has been used an both an estate planning and asset protection tool. There have been a number of catastrophic failures of such entities. Most often, the reason for the failure is the absence of a business purpose or a failure to…
Read MoreThe Good Executor
This is a re-publication and update of an article I wrote that originally appeared here. Why “Executor” The title “Executor” is commonly used to refer to a person who administers the estate of a deceased person. In Latin, an Executor is always a male. The female counterpart is an “Executrix.” Gender specific titles can be…
Read MoreLiving Will Best Way Out
A Living Will is generally the last document a person uses in their life. A Living Will may or may not contain or be used in connection with a “DNR” or Medical Directive. When the Living Will is invoked, someone is checking out for good. That is typically not a laughing matter. Recently, a client…
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