Global Family Law Services
Less than half of the population has a last will and testament. Ohio law provides a way to divide the property, or “estate,” left behind when a person dies without a will. Generally speaking, your estate will go to your spouse. Or, if you have no spouse, your estate will go to your children. If you have no children and…
If you have a loved one with special needs, a trust could be a very important part of his or her life care plan. Generally speaking, a trust is created when someone manages property – usually money or real estate – for another person. We often think of trusts as estate planning tools to conserve wealth for future generations. In…
This article originally appeared as a column for the Cleveland Jewish News. Do you have minor children? Do you know what would happen to them if you were to pass away unexpectedly? This is never a pleasant topic to think about, but it is one of the most important estate planning decisions you can make. Depending on your specific situation,…
This article originally appeared as a column for the Cleveland Jewish News. The more technology advances, the more we rely on it in our everyday lives. Where we once called first to our family doctor, we may now look first to the internet to research our symptoms. DIY is easier than ever with YouTube tutorials. Who needs an accountant when…
This article originally appeared as a column for the Cleveland Jewish News. In thinking of an estate plan, most people think first of a will. You may think next of things like joint and survivorship deeds, life insurance, or payable on death, or POD accounts. Perhaps you have gone so far as to create a trust. Hopefully, you have double-checked…
This article originally appeared as a column for the Cleveland Jewish News. Clients come in all the time with questions about how title affects ownership and access to bank accounts. Maybe an account is jointly held among spouses. Maybe a spouse is named on an account with a parent. Or, perhaps someone is on an account with a child. Maybe…
This article originally appeared as a column for the Cleveland Jewish News. There is much confusion about inheritances and the various taxes due on them. Contrary to popular belief, not every estate/inheritance will be taxable. In fact, most won’t, and it’s a common misperception – based largely on old, outdated rules – that significant portions of any inheritance will go…
This article originally appeared as a column for the Cleveland Jewish News. Perhaps you have heard of terms like “S-Corporation,” “C-Corporation,” “limited liability company,” and “limited partnership.” This is by no means an exhaustive list, but these are examples of some the various types of separate entities under which your business can be organized. An attorney – or perhaps a…
This article originally appeared as a column for the Cleveland Jewish News. Death – right up there with taxes – is one of the few certainties, yet estate planning is something that many fail to consider until it is too late. Rather than leaving it to your spouse, your children, or worse, the state, to figure out, your best bet…
This article originally appeared as a column for the Cleveland Jewish News. They say that the only certainties in life are death and taxes. And, while science continues to increase our average life span, it is difficult to argue with this basic precept. But, whether we are married or unmarried, whether we have a large family or no family, and…