Category: Estate Planning

The 4 Questions to Answer Before Making Gifts [Part 4 of 4]

In our estate planning and elder law practice, we talk with many clients who are interested in making significant gifts of assets during their lifetimes to their children. Anytime we meet to discuss lifetime gifting, we inevitably discuss 4 topics of consideration: 1. Will the gift create federal gift tax problems? 2. Will the gift… View Article view article


Recap: Navigating an Estate Plan in the New Year

On December 4, 2013, I was given the opportunity to speak at Fisher-Titus Medical Center to a small group of attendees on various estate planning topics. For those readers not in attendance, below is a brief recap of that presentation: 1. Overview of the Probate Process. The term “probate” refers mostly to the formal court… View Article view article


The 4 Questions to Answer Before Making Gifts [Part 3 of 4]

In our estate planning and elder law practice, we talk with many clients who are interested in making significant gifts of assets during their lifetimes to their children. Anytime we meet to discuss lifetime gifting, we inevitably discuss 4 topics of consideration: 1. Will the gift create federal gift tax problems? 2. Will the gift… View Article view article


Trusts and the Probate Process

Many Ohio residents set up revocable living trusts to administer assets both before and after their lifetimes.  There are a number of different reasons to undertake trust planning, but one of the reasons often given is to “avoid probate.”  However, setting up the trust by itself, without taking any further steps, won’t cause an individual’s assets to… View Article view article


The 4 Questions to Answer Before Making Gifts [Part 2 of 4]

In our estate planning and elder law practice, we talk with many clients who are interested in making significant gifts of assets during their lifetimes to their children. Anytime we meet to discuss lifetime gifting, we inevitably discuss 4 topics of consideration: 1. Will the gift create federal gift tax problems? 2. Will the gift… View Article view article