Estate Planning for Same-Sex Couples

Estate Planning for Same-Sex Couples

Prior to the Supreme Court’s overturning of the Defense of Marriage Act (DOMA), in many states, a same-sex couple was treated as two independent persons for tax purposes and estate planning laws.  The Supreme Court’s decision now means that legally married same-sex...
529 ABLE Accounts For Disabled Persons – What Is It?

529 ABLE Accounts For Disabled Persons – What Is It?

Taxpayers caring for disabled children can look forward to a new savings vehicle that will help them cover certain expenses: The 529 ABLE account. This new savings account was brought into existence after President Barack Obama signed it into law on Dec. 19, 2014,...
How To Pick An Elder Law Attorney

How To Pick An Elder Law Attorney

Wondering how to pick an elder law attorney? When considering employment of an elder law attorney, it is best to understand the particular nature of elder law. Elder law is a confluence of several areas of law, such as: Probate and estate planning: The attorney should...
Guardianship and Estate Planning for Young Families

Guardianship and Estate Planning for Young Families

Many young families forego estate planning thinking it is for the wealthy or older generations.  However, by not having the basic legal documents in place, you risk having your children raised by individuals that you would never consider had you done the planning...
SHOW ME THE MONEY! ACCOUNTING FOR PROPERTY HELD IN TRUST

SHOW ME THE MONEY! ACCOUNTING FOR PROPERTY HELD IN TRUST

Ohio Trust Law Trusts – that beautiful legal creation of English minds from centuries past. Everyone wants one,  but no one quite knows what it is! Legally, a trust is a legal relationship where an owner of property (grantor or settler) transfers legal title to a...