ESTATE PLANNING CINCINNATI: WHAT TYPE OF TRUST IS RIGHT FOR YOU? Posted on – 05/23/2017 by PJK If you thought that all trusts were created equal, you might want to think again. There are many different types of trusts and some are better suited for certain situations...
Estate Planning
Helping Your College Aged Child During a Crisis
HELPING YOUR COLLEGE AGED CHILD DURING A CRISIS Posted on – 05/02/2017 by PJK Over the years I’ve gotten this question a lot, and now that my oldest daughter just turned 18, I have a vested interest in the answer. You see, now that she is 18 she is allowed to do...
ESTATE PLANNING CINCINNATI: HOW TO KEEP YOUR VACATION HOME IN THE FAMILY
ESTATE PLANNING CINCINNATI: HOW TO KEEP YOUR VACATION HOME IN THE FAMILY Posted on – 04/25/2017 by PJK With summer right around the corner, many families will be heading to the family lake house or to the condo by the beach for some well-deserved rest and relaxation. ...
Estate Planning Cincinnati: How Your Estate Plan Can Fail
Estate Planning Cincinnati: How Your Estate Plan Can Fail Posted on – 03/31/2017 by PJK While practicing estate planning law in Cincinnati for the past 24 years I have seen estate plans fail for a variety of reasons. Most of these plans were very well written,...
Estate Planning Cincinnati: Proper Planning Can Avoid a Guardianship
A guardianship should be a last resort. A guardianship is court-ordered supervision over your life, your medical care, and your finances. I have great respect for judges, but no judge can ever know your wishes or your family as well as you do. You need to put a plan...
Estate Planning Cincinnati: What Is a Will Contest?
The text book definition of a will contest is a formal legal objection as to the validity of a will. But in real life, a will contest is much more complicated than just objecting to the validity of a will. A will contest has very specific legal requirements, which...
BUSINESS LAW CINCINNATI: 3 Mistakes New Landlords Make
1. Not Treating Your Rental Like a Business. You bought your rental property as an income source — so you need to treat it like a business. So, just like any other business, it should not be in your individual name. You need to establish a Limited...
ESTATE PLANNING CINCINNATI: ESTATE PLANNING IN A DIGITAL WORLD
Remember the days when all of your bills and various account statements showed up in your mailbox? Nowadays it seems the only thing that comes in the mail is junk. One of the main reasons our mail has changed so much is because we can now take care of all our bill...
Estate Planning Cincinnati: What Is a Trustee?
A trustee serves as manager of the assets in a trust. The grantor, the person who creates the trust, chooses the trustee. With a revocable living trust, the trustee is usually the same person as the grantor. With an irrevocable trust, the trustee is usually someone...
Estate Planning Cincinnati: What Is Net Unrealized Appreciation Of P&g Stock
An employee who has highly appreciated employer stock in their employer sponsored retirement plan and has either recently changed jobs, or otherwise separated from employment (i.e. retired), may be able to take advantage of the NUA strategy. Each share of employer...