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Blog Entries - Estate Planning

Spendthrift - Fahey Banking Co. v Carpenter

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

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HB 595 - NEW LAW to Improve Probate

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

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Trump's Estate Tax

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

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Online Taxation

Supreme Court premits the Taxation of Online Sales by Out-of-State Companies The U.S. Supreme Court has given state and local governments the rightto impose sales taxes on out-of-state sellers,

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Rights Afforded to a Surviving Spouse in Ohio

In addition to your will, intestate succession (the states will established for people who do not draft their own will) or other non-probate transfers, the Ohio Revised Code (Section 2106) grants special rights to a

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The Good Funds Law and Real Estate Closings

The Good Funds Law (O.R.C. Section 1349.21) was amended on April 6, 2017 then amended again on September 9, 2017  to require tighter controls on transactions involving the sale, purchase, or refinance of of

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