It’s time to review your estate plan again.

February 4, 2015 at 1:48 am

2013 Aug and Sept_Advice Money_Its time to review your EP again_page 28_Downriver ProfileEach person, regardless of net worth, employment or marital status should have a a comprehensive estate plan in place. Read this article to get some special advice from Morello Law Group Managing Partner, Gerald, M Morello Jr.

View the full article

Experts’ Advice

February 4, 2015 at 1:45 am

2011_Winter_GSF REE_Experts Advice Guardianships and Conservatorships Managing the Affairs of Incapacitated Adults_Downriver ProfileGEORGE S.FEKARIS AND ROBERT E.EMMITT Guardianships and Conservatorships– Managing the Affairs of Incapacitated Adults.

View the full article

Estate and Business Succession

February 4, 2015 at 1:41 am

Estate and Business SuccessionChallenges that business owners contend with when transitioning the business to the next generation. Download this helpful article to familiarize yourself with some succession strategies.

View the full article

Tuition programs – how they can benefit you

February 4, 2015 at 1:37 am

2009_Sept Oct_GMM_Tuition programs how they can benefit you_Downriver ProfileMorello Law Group Managing Partner, Gerald, M Morello Jr. discusses the rising costs of higher education, the burden of sending a child to a college or university is a greater concern for more and more people.

view the full article

MORELLO LAW GROUP

February 1, 2015 at 11:10 am

2013_Oct Nov_Spotlight_Morello_Downriver_ProfileGerald Morello, Jr. is a well-regarded Downriver estate and business attorney, a devoted family man and a successful local businessman. But he is especially proud of his strong ties to the Downriver community.

Read the full article

Medicaid Estate Recovery

February 1, 2015 at 11:00 am

2011_Summer Fall_REE_GSF_Medicaid_Estate_Recovery_DownriverBizAs our population ages, more and more seniors are turning to the Medicaid program for assistance in paying for long-term nursing home care.

Read the full article

Medicaid Estate Recovery

February 1, 2015 at 10:00 am

2011_July_Aug_GMM_Medicaid_Estate_Recovery_DownriverProfileThose who are fortunate enough to qualify for Medicaid benefits will have some or all of their nursing home care expenses paid for by Medicaid. Most seniors, once admitted to the nursing home, will live out the remainder of their lives with the assistance of skilled nursing care.

Read the full article

Extension of many of the 2001 Tax Act provisions

February 1, 2015 at 9:00 am

2011_March_GMM_Tax_News_Extension_DownriverProfileOnce in awhile, the federal government passes a law that just plain makes sense. And as the old saying goes: if it doesn’t make dollars, it doesn’t make sense. Well, the 2010 Tax Act, more formally known as the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 allows taxpayers to keep more money in their pockets, and that sure makes sense.

Read the full article

Men of Achievement: GERALD M. MORELLO, JR.

February 1, 2015 at 8:00 am

2010_Nov_Men_of_Achievement_GMM_DownriverProfileGERALD M. MORELLO, JR. – Turning a penchant for problem solving and a desire to interact with others into a career in law was an easy decision for Mr. Morello.

At a time when many people have left the state to work elsewhere, it’s refreshing to hear of someone who decided to stay put, plant roots and grow a business in the Downriver area. That’s just what Gerald Morello, Jr. did when he graduated from law school at the prestigious University of Notre Dame.

Read the full article

Estate Planning Update; understanding the new michigan trust code

February 1, 2015 at 7:00 am

2010_Summer_GMM_New_Michigan_Trust_Code_DownriverProfileIn the past few months, I have received many telephone calls from clients and financial advisors regarding a new law that recently went into effect – the Michigan Trust Code. Many people have read or heard that the new law makes their estate plan obsolete, or may cause disastrous tax consequences to their beneficiaries upon their death. To keep you better informed, I have compiled a list of asset protection and estate planning issues that you should think about to help you protect your money.

Read the full article