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Scolaro, Fetter, Grizanti, McGough & King, P.C.
March 21, 2016
In this issue:
Protecting Your Corporation From Outsiders
The Role of the Banker and the Advisory Team in a Difficult Economy
The Use of Revocable Trusts in Your Estate Plan
A Waiver of Lien Can Help
Protecting Your Corporation From Outsiders
By:  Richard D. Boyle
 
Whenever a corporation is owned by more than one individual, there are questions as to what will happen if an owner dies, becomes sick, stops showing up to work, or decides to sell his or her stock in the corporation to someone else. A great way to protect from the "what ifs" is by implementing a "Buy/Sell Agreement".
 
Click here for full article [Protecting Your Corporation]
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The Role of the Banker and the Advisory Team in a Difficult Economy
In the March 2016 Edition of BankNews Magazine, an article on Agri-Succession Planning 2016, written by Jeff Fetter, discusses the role of the banker and the advisory team in a difficult economy.

Click here for full article [The Banker and the Advisory Team]
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The Use of Revocable Trusts in Your Estate Plan
By: Anthony J. Grizanti and Meghan McGrattan
 
There are some advantages to using a revocable trust to manage assets.
 
What is a revocable trust?
A revocable trust is a trust that can be altered, amended or revoked by the settlor (creator). The settlor transfers his or his assets into the trust, but still retains the power over the assets and enjoys the benefit of the assets during the settlor's life.
 
Do I still need a will?
Yes! The trust agreement contains provisions, similar to those in a will, that dispose of the settlor's property upon his or her death. However, as a precaution, a will is needed to distribute assets in the event that an asset is not transferred into the trust.
 
 
Click here to learn more [Revocable Trusts in Your Estate Plan]
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A Waiver of Lien Can Help
By:  Douglas J. Mahr
 
So, you hired a contractor and he's done his work.  He even did a little more work than originally planned and you agreed on a price, but you don't want to pay anymore.  A Waiver of Lien may help. 
 
Click here to learn more [Waiver of Lien]
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Scolaro, Fetter, Grizanti, McGough & King, P.C.  •  Franklin Square - 507 Plum Street, Suite 300  •  Syracuse, NY 13204

http://www.scolaro.com

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