Spendthrift - Fahey Banking Co. v Carpenter

Posted on: March 4, 2019
Tags: Wiils, Trusts, Estate Planning, Cincinnati, Ohio, Kentucky, Wealth Management
Fahey Banking Co. v. Carpenter, 2019-Ohio-679 Trial court's Civ.R. 12(B)(6) dismissal on motion of trustee of a spendthrift trust in action brought by creditor bank to collect future required distributions to beneficiary lacked analysis of exceptions under read more …

HB 595 - NEW LAW to Improve Probate

Posted on: February 22, 2019
Tags: Wiils, Trusts, Estate Planning, Cincinnati, Ohio, Kentucky, Wealth Management
PROBATE OMNIBUS BILL (H.B. 595) House Bill 595 is known as the Probate Omnibus Bill and includes a number of noteworthy proposals, including the following: Allowing the creator of a trust to require that disputes concerning the administration of the trust read more …

Trump's Estate Tax

Posted on: August 16, 2018
Tags: Wiils, Trusts, Estate Planning, Cincinnati, Ohio, Kentucky, Wealth Management
On December 20th, 2017 Congress passed the "Tax Cuts and Jobs Act", which become law on January 1, 2018. The new exemption more than doubled the previous year’s estate tax exemption of $5,490,000 per individual to $11,180,000. For married couples, read more …