WealthCounsel, LLC Joins Forces with Four Prominent Elder Law Attorneys to Form ElderCounsel, LLC

Oct 17, 2007, 01:00 ET from WealthCounsel, LLC

    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