» Asset Protection

With the growing popularity of trusts in estate planning, including trusts that may last for two or three generations, creators of trusts may be concerned about how to ensure their intentions for the trust are honored. A trust protector or trust advi… Read More

Regular readers of this blog know that we have been on the lookout for tax changes on the horizon since the beginning of the current presidential administration. Reading the tea leaves of campaign promises and statements to the press, we have counsel… Read More

In recent blog posts, we have been discussing potential changes to tax law under the Biden administration, and tax strategies to deal with those changes. One very useful tax and estate planning strategy involves completed gift domestic asset protecti… Read More

Most of us work hard to provide for our families. But what happens to those hard-earned assets when a family is changed by divorce? The answer, too often, is that they end up going to a divorcing spouse. Planning for the possibility of a divorce—yo… Read More

Many people appreciate the convenience of “transfer on death,” or TOD, assets. TOD assets are typically investment accounts, but in Ohio, you can also designate vehicles and real estate to be transferred on death. Sometimes the terms “transfer… Read More

There are many types of trusts with different features designed to achieve different estate planning goals. Depending on the type, trusts can keep assets out of probate, prevent beneficiaries from wasting their inheritance, protect assets of benefici… Read More

If you’ve been thinking about making a gift to a minor child or grandchild, you should first consider the pros and cons of gifts to minors. If you have weighed the advantages and disadvantages, and still want to make a gift, the next logical qu… Read More

One of the great joys of having worked and saved for most of your adult life is the ability to share your bounty with the people you love, including children and grandchildren. If some of those loved ones are minors, you may be wondering about the wi… Read More