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Cincinnati Estate Planning Attorney
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Many state governments have experienced budget shortfalls in recent years. That has led to the inability to properly inspect and regulate funeral homes. In 2016 residents of one Flint, MI neighborhood began noticing an awful stench. They all knew where the smell was coming from. It was a local funeral... Continue reading
Posted 3 hours ago at Cincinnati, Ohio Estate Planning
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Including a no-contest clause in a will can be a powerful deterrent to challenges to the will. However, they have their limitations. Sometimes it is possible to foresee that a family member or other person may not be satisfied with the inheritance planned for them through a will. For example,... Continue reading
Posted yesterday at Cincinnati, Ohio Estate Planning
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A woman claims that she is the unacknowledged daughter of the late Jerry Lewis and thinks that she is entitled to part of his estate. In his private life, the comedian Jerry Lewis was not known to be anything like his on-screen goofball image. He was known to be cranky... Continue reading
Posted 5 days ago at Cincinnati, Ohio Estate Planning
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A court in London has determined that trusts created by a former Russian senator are not trusts. This is because they were designed to be a sham to hide assets from creditors. The name Sergey Pugachev probably does not ring a bell for most Americans. In Russia, however, he is... Continue reading
Posted 6 days ago at Cincinnati, Ohio Estate Planning
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When the specific reasons that an older person originally purchased life insurance no longer exist, that person might be tempted save money by no longer paying the premiums. That can be a mistake. Most people purchase life insurance for specific reasons. The most common reason to get a life insurance... Continue reading
Posted 7 days ago at Cincinnati, Ohio Estate Planning
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Assisted living facilities can be so expensive, that going on a permanent ocean vacation can be cheaper. When discussing the costs of caring for the elderly, in Cincinnati and elsewhere, most of the debate about where they should live focuses on nursing home expenses. It is partly because they are... Continue reading
Posted Nov 9, 2017 at Cincinnati, Ohio Estate Planning
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Unless you keep your estate plan updated regularly, then it is likely that it will not do exactly what you want it to do when you pass away. Wealthy people do not have a good excuse for not planning for their estates. People who have means need to make sure... Continue reading
Posted Nov 8, 2017 at Cincinnati, Ohio Estate Planning
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People accumulate a lot of stuff throughout their lives that is useless for other people. There is a process in Sweden, known as death cleaning, that people use to get rid of possessions before they pass away. Most people have many random things in their homes that they have accumulated... Continue reading
Posted Nov 7, 2017 at Cincinnati, Ohio Estate Planning
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Technology makes it easier to determine who actually wrote a particular piece of text. That has implications for what courts will accept as valid wills, as an Australian case illustrates. One of the first historical challenges that estate law needed to sort through was how to determine whether a document... Continue reading
Posted Nov 6, 2017 at Cincinnati, Ohio Estate Planning
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Since Hugh Hefner passed away, rumors have been circulating that he did not have much money left. They come from a misunderstanding about how Hefner held his wealth. For the past few years, Playboy Magazine has seen its circulation decline. To curb this slide, the magazine has tried format changes,... Continue reading
Posted Nov 2, 2017 at Cincinnati, Ohio Estate Planning
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If you are the beneficiary of an IRA whose owner has recently passed away, it is important that you not do anything without getting advice. One of the biggest estate administration mistakes that people make after someone passes away, concerns something that is not technically part of the estate at... Continue reading
Posted Nov 1, 2017 at Cincinnati, Ohio Estate Planning
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With the possibility of major tax reform passing, you might be tempted to put off estate planning. That would be a mistake. Whenever the government starts talking about making major changes to tax laws, many people decide to take a wait and see approach to estate planning. It makes some... Continue reading
Posted Oct 31, 2017 at Cincinnati, Ohio Estate Planning
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With estate tax repeal possibly looming on the horizon, some are starting to warn that it could hurt charities to repeal the tax. At this point, it is impossible to say whether the estate tax will be repealed. It is clear that President Trump would like to do so and... Continue reading
Posted Oct 30, 2017 at Cincinnati, Ohio Estate Planning
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Many elderly people have a difficult time finding reliable transportation. Ridesharing companies hope to be able to accommodate them. Transportation for seniors has always proven to be a difficult problem to solve. Once elderly people are no longer able to drive for themselves, they have to rely on alternatives. If... Continue reading
Posted Oct 26, 2017 at Cincinnati, Ohio Estate Planning
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The development of hospice care was a big improvement over how end of life care used to be handled. Hospice care must now adapt to new circumstances and pressures. It used to be that people were given life-saving medical treatment up until the very moment that they passed away. Everything... Continue reading
Posted Oct 25, 2017 at Cincinnati, Ohio Estate Planning
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The American health care system is built on the more care and medicine that can be provided, the better the care. A growing movement believes that is not always true for the elderly. As people get older, they develop more and more long term diseases and health conditions. By the... Continue reading
Posted Oct 24, 2017 at Cincinnati, Ohio Estate Planning
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Many people who have IRAs dread having to take required minimum disbursements, if they do not need the money. That should not be a problem for people who inherit Roth IRAs. When setting up an IRA, there is one very important decision people need to make. That is whether they... Continue reading
Posted Oct 23, 2017 at Cincinnati, Ohio Estate Planning
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One of the primary benefits of life insurance is that it is supposed to pay out immediately after the insured passes away. However, that cannot be done, if it is not clear who the beneficiary should be. Life insurance can be used in estate planning, in Cincinnati and elsewhere, for... Continue reading
Posted Oct 19, 2017 at Cincinnati, Ohio Estate Planning
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In what is shaping up to be one of the strangest recent celebrity estate cases, Alan Thicke's widow has won against his sons in an initial battle. When an estate has a lot of assets, it is not unusual for stepparents and stepchildren to fight over it. Sometimes it does... Continue reading
Posted Oct 18, 2017 at Cincinnati, Ohio Estate Planning
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The details of Jerry Lewis' will have been released. He chose to explicitly cut out his six sons. Jerry Lewis was a legendary comedian, but his family life appears to have been no laughing matter. He had six sons with his first wife whom he married in 1944 and divorced... Continue reading
Posted Oct 17, 2017 at Cincinnati, Ohio Estate Planning
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People who have been temporarily displaced by the hurricanes might find that they need to adjust their estate plans. The U.S. has recently been hit by three large hurricanes. People in the Houston area, Florida and Puerto Rico have all been displaced, as they wait for their homes to be... Continue reading
Posted Oct 16, 2017 at Cincinnati, Ohio Estate Planning
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Some people request that their ashes be spread at places that have sentimental value for them. However, that can be a problem when the request is to spread those ashes in an inappropriate place, such as Disneyland. The Disney theme parks receive thousands of visitors every year. It is not... Continue reading
Posted Oct 12, 2017 at Cincinnati, Ohio Estate Planning
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One of the big issues for elderly people and their families, is when it is time for an elderly person to stop driving out of fear for their safety and the safety of others. When people get older, they gradually lose the quick reflexes they had in their youths. People... Continue reading
Posted Oct 11, 2017 at Cincinnati, Ohio Estate Planning
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One issue animating the debate over the estate tax, is who it is that actually pays the tax. One White House advisor reportedly has a colorful answer for that. One of the many changes that President Trump would like to see in the federal tax code is the elimination of... Continue reading
Posted Oct 10, 2017 at Cincinnati, Ohio Estate Planning
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One of the more difficult and important things to plan for in an estate, is how any copyrights will be passed along. Copyright law is often opaque and not well known to the general public. Most people have no idea what exactly it is that copyrights protect, how they are... Continue reading
Posted Oct 9, 2017 at Cincinnati, Ohio Estate Planning