I have been practicing law for 23 years. During that time I have helped over 1,700... more
I have been practicing law for 23 years. During that time I have helped over 1,700 families prepare their estate plans. In my law firm we focus on estate planning and estate administration.Ihave participated in over 250public seminars in eastern Iowa and western Illinois to educate the public on estate planning issues. I am licensed in both Iowa and Illinois. My law firm, Duffy La... view profile
The following notices and disclosures are required by the Supreme Court of Iowa: The... more
The following notices and disclosures are required by the Supreme Court of Iowa: The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. A description or indication of limitation of practice does not mean that any agency or board has certified such lawyer as a s... view profile
I am a Relationship Manager providing financial advice to clients in the areas of... more
I am a Relationship Manager providing financial advice to clients in the areas of personal trusts and investments. Previously, I spent over 15 years practicing criminal defense and juvenile law and have continued with that same dilligent work ethic. I enjoy helping clients reach and maintain their retirement goals. Contact me to see if you are a good fit for our Wealth Management department.
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.