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Aventura Corporate Center
20801 Biscayne Boulevard
Suite 400
Miami, FL 33180

305-932-2293 Miami-Dade County
954-760-7077 Broward County

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May 2012 Archives

Author's estate, studio in flap over publication

Miami residents of a certain age undoubtedly will remember "The Godfather" series of books written by the late Mario Puzo and adapted for the big screen. Now, the heirs to the estate of author Mario Puzo have agreed to sell the rights to an unpublished "Godfather"-inspired book to Paramount Pictures for development, though the family remains deeply divided with the studio.

How to make sure a family business survives

Many family-run businesses turn out to be a causality of poor estate planning. Even businesses that are strong and vibrant can be prone to withering away when it comes time to transition ownership into new hands. This is clearly seen in the fact that 70 percent of businesses do not survive through a second generation of leadership. In addition to that, a meager 5 percent make it through a third generation of leadership.

Professionals can help avoid common estate planning mistakes

One of the most inexplicable mysteries tied to estate planning is the fact that so many people either put it off or don't do it at all. Their entire fortunes -- everything they worked for during their lives -- is on the line, but for some reason, men and women do not always take the right steps, or the steps at all, to preserve it.