By: Daniel A. Perry Time for another typical lawyer answer … it depends! As we discussed in a previous article, a Mid-Sized Adviser is defined as an adviser that manages between $25 million and $100 million in assets under management. In addition, a Mid-Sized Adviser, just like an Investment Adviser (IA) and an Investment Adviser Representative […]
By: Daniel A. PerryAn Investment Advisor Representative, depending on the state, is a person who 1) makes any recommendations regarding securities, (2) manages accounts of clients, (3) determines which recommendation or advice regarding securities should be provided, (4) solicits or sell investment advisory services, or (5) supervises employees who perform any of the above items.Just […]
By: Daniel A. PerryFortunately, an application for registration is done entirely online which makes registration easier. However, there are still several requirements that you need to complete. The registration is completed online through the Investment Adviser Registration Depository (IARD). Once you have obtained your login for the IARD, you can proceed with registration.Your application for […]
By Daniel A. Perry, Esq.When a client first comes into my office, we normally have a discussion about their family and their general wishes when it comes to distributing their property to their loved ones. In addition, we will also have a discussion about disability and incapacity planning. This discussion always is centered around who […]
By Daniel A. Perry, Esq.There is so much information out there on the internet. Some is accurate, some is misleading, and some is just flat out false. In the age of information, we have a host of information at our fingertips as not seen before at any point in our history. However, how do we […]
By Daniel A. Perry, Esq.There are many people (although, certainly not enough people) who take the time to plan their estates and engage in basic legal life planning. However, if you use the wrong strategy you can end up in court for years and years costing tens, if not, hundreds of thousands of dollars.Many people […]
By Daniel A. Perry, Esq.One of the passions that I have in addition to the law is helping new entrepreneurs with starting and succeeding in business. There is nothing greater, in my opinion, then being your own boss. However, in today’s legal landscape, choosing the correct legal entity can make all the difference in the […]
By Daniel A. Perry, Esq.I hear it all the time … “Dan, we found out how to do this on our own without a trust and without a lawyer. We are just going to title all our accounts as joint tenants so we can avoid probate.”The only advantage to titling accounts as joint tenants is the […]
By Daniel A. Perry, Esq.When families come into my office to discuss their estate planning and legacy planning legal strategy, rarely do they consider the topic of asset protection planning. In fact, many families that I speak with do not think they are wealthy enough (whatever that term means) to consider asset protection planning. So, […]
There are many people who have heard of the problems surrounding probate administration, mainly the costs and time involved to administer a probate estate. However, one aspect that many families fail to consider or fail to plan for is regarding what to do in the event that a person becomes incapacitated. There are many attorneys, […]