ABOUT US - PRACTICE PROFILE

You Can't Take It With You!

You have read that over the next twenty years, 70% of Americas' wealth will change hands. How much of your family's hard working share will pass to Uncle Sam? The steps to obtaining financial independence, a successful retirement and life are Asset Accumulation, Protection, Preservation and (ultimately) Transfer ("AAPPT").

As an estate planning attorney and CPA, Mr. Cory works with numerous financial consultants/planners with respect to asset accumulation.. Mr. Cory has also earned the Certified Financial Planner designation. Money Managers and/or mutual funds are selected to manage different segments of client portfolios.

In the context of asset protection, Mr. Cory prepares family limited partnerships, limited liability companies, buy-sell agreements, and utilizes spendthrift clauses in trusts for purposes of avoiding creditors.

Mr. Cory prepares last wills and testaments, revocable living trusts, special needs trusts, life insurance trusts, charitable remainder trusts, generation skipping trusts and other legal documents which are intended to preserve assets by reducing estate taxes and transferring them to desired beneficiaries. He also prepares estate and gift tax returns. He does not prepare individual or corporate income tax returns.

The unique aspects of Mr. Cory's practice is his ability to converse across all aspects of this process, recognize issues, make recommendations, and solve and/or avoid problems. By giving confident, professional, independent advice, by reducing anxiety and stress, he makes life easier for the surviving spouse and/or children.

After maximizing qualified retirement plan and IRA contributions, income tax deferred annuities are often utilized. Qualified plans and IRA's are often utilized to "stretch-out" distributions to grandchildren and achieve considerable income tax deferral. Second spouse to die life insurance policies may be placed into irrevocable life insurance trusts to keep the proceeds outside of the taxable estate and provide liquidity, since estate tax is generally due in cash, nine months after death.

Mr. Cory rode nuclear submarines for a few years after graduating from the United States Naval Academy, where he earned his B.S. in Mathematics and was named as honor set company commander. He is the recipient of the Lawrence Y. Spear Award for the highest merit in his submarine school class, two Navy Achievement Medals, a Navy Commendation Medal and a Meritorious Service Medal and is a Captain in the United States Naval Reserve. Mr. Cory received his Law and MBA (with emphasis in taxation) degrees from the University of Georgia.
Click Here to see Naval Acadamy picture.

He has taught both accredited (business law) and continuing education courses at various colleges and universities.

Remember, PROCRASTINATION will get you nowhere and YOU CAN'T TAKE IT WITH YOU!™.

To view John Cory's Resume, Click Here