23andMe, AncestryDNA, Helix, My Heritage DNA and others. While DNA testing was once only the stuff of crime investigations and television shows, it is now available to the masses. Business is booming with millions of consumers willingly paying to give for-profit companies access to their DNA in exchange for information regarding everything from aversion to cilantro and caffeine use to…
If you’ve read a will or even if you’ve just seen a movie or television show involving an estate, you are probably familiar with an executor. When a loved one passes away, the last thing you want to think about is dealing with an estate. But, unfortunately, very often some level of work is necessary to settle the deceased’s financial…
The donor-advised fund is becoming a more popular vehicle for charitable giving under the recent tax law reforms. Among many changes, the new tax laws increase the standard deduction for both individuals and married couples, making it more beneficial for many taxpayers to simply take the standard deduction instead of itemizing and capitalizing on things like state and local taxes,…
While most of the media focus on the new tax code changes has been elsewhere, if you are recently divorced or divorcing you may be interested to hear about the changes impacting spousal support. Specifically, beginning this year income tax on spousal support dollars will be paid by the payor, or the person ordered to pay support to a former…
For the first time since 1992, Ohio laws governing child support are changing. Years in the making, these changes were signed into law by Gov. John Kasich this past summer and will take effect in March 2019. These new rules will bring about some big – and not-so-big – changes. Most people are familiar with the concept of “child support.”…
A decision was recently reached in Taglieri v. Monasky, the habitual residence case involving local family practice law firm Zashin & Rich that on June 13 went to the U.S. Court of Appeals for the Sixth Circuit in Cincinnati. “Habitual residence” refers to the location where a child has spent most of his or her life, or where he or…
When you think of preparing for retirement, what comes to mind? A 401(k)? A pension? An IRA? Social Security? Other savings? What about real estate? Maybe surprisingly, some prospective retirees are looking to real estate investments to help fund their golden years. If you are interested in the prospect, know that you have several options. One of the simplest ways…
Whether you have $1,000 to give or $1 million, your estate plan may include some type of planned giving to your favorite charitable organization. Planned giving at its most basic, simply means a donation that is made with consideration of the benefit to the recipient and to the donor (e.g. tax benefits) and possibly to future heirs as well. Often,…
It seems that Michael Cohen, former personal attorney for President Donald Trump, is finding himself in the news almost as frequently as his former client. And, of course, some of the latest and biggest attention-grabbing headlines focus on recorded conversations between Cohen and Trump from September 2016, in the midst of the presidential election. The commentary has poured in fast…
For Ohio families, August usually means the end of summer break and the start of the next school year. Some basic level of education is, of course, required by Ohio law, and children between the ages of 6 and 18 are expected to attend school. And, while home schooling – which is often coupled with online resources – is permitted,…