CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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CLIENT SPOTLIGHT: Luca + Danni

Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        "Estate Planning Awareness Week, October 20 – October 26"

        This week (October 20 – October 26) is Estate Planning Awareness Week.  Taking steps to implement a proper estate plan during your lifetime will ensure that your wishes will be followed and that your family members will be able to effectively and efficiently administer your estate upon your death.  Without an estate plan, your family could spend a significant amount of time and expense navigating the probate process after your death.  In many cases it is possible to avoid probate with the proper advanced planning. Additionally, during your lifetime, if you become incapacitated, having properly-executed powers of attorney can obviate the need for a court-appointed guardian.

        If you do not currently have an estate plan, now is the perfect time to begin this very important process.  If you already have an estate plan, does it need to be updated? Major life changes, such as marriage, divorce, birth of a child or grandchild, sale of a business, as well as the passage of time (i.e., 3-5 years), warrant a comprehensive review of your current plan to make certain that the plan is consistent with current tax laws and your personal goals and objectives.