ProVisors Thought Leadership

In this episode of Inside Divorce, Hindell speaks with Andy Schwartz, a real estate attorney at Crowley & Cummings, LLC, which handles real estate transactions for buyers, sellers, and lenders in Massachusetts and other New England states.  Hindell and Andy discuss the process of buying and selling residential real estate, the title review process and selling real estate during a divorce.  Andy can be reached at aschwartz@crowleycummings.com.…
How to Assess Governance Maturity and Improve Family Business Strategy Using the Three Circle Model Even after 40 years, the Three Circle Model of Family Business is still an effective tool for dealing with the challenges of running a family business. To be an effective advisor to a family business, you need to assess the governance maturity of each circle and adapt to the current state. Governance maturity is measured by how evolved the critical structures are within each circle. A Quick Refresher On the Highlights of the Three Circle Model Family Circle The Family Circle encompasses issues of the…
In Episode 4 of The Bill Jennings Breakdown, I’m pleased to welcome Joe Whitley of Baker Donelson, whose former positions include Acting Associate Attorney General, United States Attorney in the Middle and Northern Federal Districts of Georgia, and the first General Counsel of the U.S. Department of Homeland Security. Joe and I will discuss a case outlined in a July 2020 Department of Justice press release announcing a complaint filed to forfeit more than $2.37million dollars allegedly funneled through a global money-laundering network. Have a specific case you’d like me to cover or a question? Please contact me at thebilljenningsbreakdown@gmail.com…
BELMONT CITIZEN-HERALD Hindell S. Grossman, Esq. This is the fourth installment in a series that offers words of advice to those thinking about or going through a divorce. While these words may not apply to every divorce, they have proven themselves to be reliable and responsive to common concerns. As this installment is about romance, and we’re approaching Valentine’s Day, I am sad to report that our Annual Ironic Valentine’s Day is canceled due to COVID-19. For three consecutive years my law firm hosted the happy event. Although briefly interrupted, I look forward to continuing the tradition next year. Words…
It is always challenging when someone you care about passes away. Not only does your heart feel empty, but you also have to figure out how to navigate through the unanswered questions in regards to the decedent’s financial standing and property. If there is any uncertainty, probate may be the answer to help everything run smoothly. We share information about probate to help those who may be in this position. What is Probate? Probate is the legal process that locates and determines the value of a decedent’s assets, pays their final bills and taxes, and distributes the remainder of the…
You never know when you will be in a position where you will need court accounting. Depending on your particular circumstance, you may be the one who is asking for court accounting, or you may be called to the court. Here are some reasons court accounting may be in the cards. Why Would I Need to Complete a Court Accounting? Read the three reasons here: What Are the Reasons to Require a Court Accounting?
A fiduciary is a person or organization that acts on behalf of another person. In this role, it is the fiduciary’s job to put their clients’ interests first, as they have a duty to preserve good faith and trust. If the fiduciary is accused of not following his or her duty, then he or she may decide to voluntarily file a court accounting. Court accounting helps those who have been accused of mishandling accounts prove what actually happened with the use of probate “financial statements”. Learn more about the relationship between fiduciaries and court accounting reports here.      …
Many people who find themselves in need of filing a court accounting do not know where to start. We always recommend hiring a qualified accountant to ensure a smooth process. Depending on where you live, the exact procedure and the specific forms used will change. However, here are some of the basics in California that are included in the court accounting to help kickstart the process. There are three parts of a court accounting: The Beginning Inventory Receipts and Disbursements Distribute Remaining Estate Assets Read more about these three parts here: https://mcampbellcpa.com/what-should-court-accounting-include/?utm_source=ProVisors&utm_medium=ProVisors…