Global Family Law Services
When it comes to marital finances, usually we think of three major types of contracts between spouses: prenuptial or antenuptial agreements entered into before a marriage, postnuptial agreements in the absence of a divorce/dissolution and separation agreements incident to a termination of marriage in Ohio. Most readers have likely heard of a prenuptial, or antenuptial, agreement. Also known more casually…
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…
The Internal Revenue Service identifies some 29 different types of organizations that are exempt from federal income tax. In the most basic of terms, these are “nonprofit” organizations, or entities that exist generally for a purpose other than making money, and it is to nonprofits that we think about directing our philanthropy. While you may make donations to causes such…
Once limited to techie news, cryptocurrency has now hit the finance pages and even mainstream media. Bitcoin, one of the predominant players, was trading at around $1,000 in January 2017. The subsequent months saw enormous jumps, with the value per Bitcoin nearing $20,000. With those sorts of gains, it is no wonder that many have wondered how they, too, could…
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…
If you haven’t heard about the competing tax plans proposed by Congress, you haven’t been reading the news. Just as soon as the House of Representatives released their proposed tax plan, the phones started ringing at the offices of domestic relations lawyers throughout the country. Currently, alimony – which is more appropriately called “spousal support” in Ohio – is considered…
By now you have probably heard that Equifax’s database was breached sometime this past summer. Announced only in September, cybercriminals gained access to about 145.5 million consumers’ personal data. Some consumers in the United Kingdom and Canada were affected as well. Data stolen included full names, Social Security numbers, birth dates, addresses and even driver license numbers. More than 200,000…
This article originally appeared as a column for the Cleveland Jewish News. Every level of government, from the smallest municipality to the federal government, must tackle tax issues. Politicians, pundits and, of course, prospective tax payers will each weigh in, offering separate opinions as to how best to generate the funds the government needs to operate without breaking the back…
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. Although social media has been around for decades, the benefits – and pitfalls – of it continue to make headlines. Facebook, Snapchat, Instagram, Twitter, LinkedIn, Google+ and Pinterest are household names and just a sampling of the many available services. All of this social connectedness has spawned considerable…