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. About WealthCounsel 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