Contrary to popular belief, the need for a trust is not tied directly to your level of wealth, although affluent individuals are generally more predisposed to establishing a trust, or multiple trusts, for a variety of reasons. The need to establish a trust is more...
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Estate Planning Cincinnati: How To Handle Funeral Arrangements
Beyond estate planning to “get your affairs in order,” there are practical matters you should consider attending to, such as how the disposition of your body will be handled. Many people leave these matters to their family members to handle. Under Ohio law there is a...
Exemption From Estate Taxes Continues To Rise
The federal estate tax exemption, along with many tax threshold amounts and tax brackets are inflation-adjusted. The official inflation adjustments for 2017 will not be released by the Treasury Department until late 2016, but the expected adjustments have been...
What Is a Gun Trust?
by PJK A Gun Trust is a specially designed revocable trust, which is established for the limited purpose of owning your firearms, with a specific focus on NFA Firearms. NFA Firearms are guns and other items that are regulated under Title II of the National Firearms...
Between A Rock And A Hard Place
You are the Plant Manager for Coaters, Inc., an Ohio Corporation. Founded in 1963, your company prepares and coats a variety industrial equipment for its customers. Your operation uses different preparation techniques before coating depending on the particular coating...