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A trust can be a good mechanism to transfer your assets to the next generation or to anyone else you choose. A legal trust can place conditions on distributions from the corpus (property in the trust), minimize or avoid gift and estate taxes, protect assets from marauding creditors, look after vulnerable beneficiaries who count…
Your estate plan should ensure that a trusted loved one is able to make important financial and medical decisions for you in the event that you are no longer able to do so. Under the old rules in Ohio, this could only be done by the courts appointing an official legal guardian for the…
Estate planning, put in simplest terms, is the final plan of one’s life. Few relish the thought of discussing plans involving their transition from life to death, but with money and assets to hand down to loved ones, it is a discussion that needs to happen. When you have located an estate planning attorney,…
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