ORLANDO, Fla., Oct. 17 /PRNewswire/ -- WealthCounsel, LLC has partnered
with four of the nation's most prominent elder law attorneys to develop a
premier document drafting system and other critical resources for attorneys
specializing in elder law and special needs planning. Elder law attorneys
Michael J. Amoruso, Esq., Howard S. Krooks, J.D., CELA, Louis W. Pierro,
Esq., Vincent J. Russo, J.D., LLM, CELA, CAP, will become the principals of
the newly-formed ElderCounsel, LLC, a sister company to WealthCounsel.
"This is an important strategic decision that will significantly
enhance our mutual objectives to provide elder law and estate planning
attorneys with critical resources to competently serve the needs of the
nation's aging population," said Vincent Russo.
According to the U. S. Census Bureau, the older population (65 and
over) will experience a 78 percent increase in growth between 2010 and
2030. And in just four short years, the first baby boomers will turn 65 in
2011. Providing sound legal counsel for elderly and special needs clients
has proven to be a challenge for estate and elder law attorneys due to the
complexities of these areas of the law.
ElderCounsel's resources will prepare attorneys to serve the needs of
this growing demographic group by providing state-of-the-art software to
readily draft quality legal documents, such as advance directives, personal
care contracts, sole benefit trusts, income only trusts, promissory notes
and private annuity contracts. ElderCounsel's educational programs and
collaborative forum of elder law professionals will enable these attorneys
to address most issues that impact the elder law and special needs planning
arenas, including long-term care financing, asset preservation, Medicaid,
Social Security, and other public benefits programs.
"We are extremely pleased to be moving forward in our strategic
alliance with such a distinguished group of elder law attorneys," said
Laura Wilson, WealthCounsel Executive Director. "Forming ElderCounsel
broadens our reach in the marketplace and augments the services we
currently provide to members of WealthCounsel," Wilson added.
WealthCounsel, LLC, www.wealthcounsel.com, is a member-based
organization and leading provider of tools and technology to estate
planning attorneys. Based in Madison, WI, the company provides member
attorneys with a complete practice solution that includes the
WealthDocs(TM) document drafting system; continuing legal education;
collaborative network of 1,600 practitioners; practice resources, and
discussion forums. In addition to ElderCounsel, LLC, WealthCounsel shares
ownership in the Advisors Forum, LLC, a sister company that offers practice
building resources to financial professionals and other estate planning
team members. For more information about ElderCounsel, visit
www.wealthcounsel.com/eldercounsel.pdf for more information on the Advisors
Forum, visit www.wealthcounseladvisors.com .
SOURCE WealthCounsel, LLC