Man’s best friend. A part of the family. Every day, dogs demonstrate their love and loyalty to their owners, which has inspired owners to leave some – or even all – of their estates to their beloved companions to ensure that these animals are well cared for after the owner’s death. This may sound ridiculous, but it is not. More…
Among the many issues that divorcing couples with children must face is one often worth thousands of dollars: who will claim the kids on their tax returns? As tax season begins on Jan. 23, let’s look at some of the child-related tax benefits that should be considered during a divorce. Child Tax Credit According to the IRS, the Child Tax…
We are only days away from the new year which means I’m here to remind you once again about charitable giving and its potential associated financial benefits. It was just over one year ago that I discussed the benefits of donating appreciated stocks to charities. Recently, I discovered that similar to stocks, you can donate cryptocurrency to charity. The benefit…
Narkis Golan, a U.S. citizen, won a historic 9-0 victory in her international child custody case, Golan v. Saada, before the U.S. Supreme Court on June 15. Golan’s case was the fifth 1980 Hague Convention on the Civil Aspects of International Child Abduction case ever heard. On Oct. 19, Golan was found dead in her apartment. The tragic end to…
Every weekday, I walk by a sign that says, “What would Dolly do?” The small 8-by-11 sign is posted near the office entrance of one of my team members and every time I look at it, it makes me smile a little. Not because I’m a huge fan of Dolly Parton’s music, or acting, though I do enjoy both. But…
It feels today as if inflation is everywhere. You read about inflation in the paper, hear about it on the news and feel it in your pocketbook. Just this week, Sept. 21, the feds raised rates the highest its been since the global financial crisis in 2008. In other words, rising inflation is impacting our lives in multiple ways. For…
In 2017, Ordinance 244-2017 established in the city of Cleveland a “one size fits all” residential tax abatement policy: a blanket 15 years 100% abatement of any increase in real estate property tax that results from eligible improvements on qualifying projects (whether a new construction or the remodeling of existing homes). All work had to be completed under a permit…
Earlier this month, a mother took to TikTok alleging that American Airlines lost her child. According to the mother, Monica Gilliam, her preteen daughter was flying American Airlines as an unaccompanied minor from Tennessee to Florida when the airline lost track of her daughter after her flight landed in Florida. Luckily, the child was unharmed and was able to independently…
The Johnny Depp-Amber Heard trial has left me exhausted. The sordid details of the once power-couple’s relationship have been invading my phone and television for months on end. Much of this feeling can undoubtedly be attributed to the constant media attention throughout the duration of the proceedings, as well as the sudden influx of endless thought-pieces upon its conclusion. For…
It’s May which means millions of students will be graduating from high school and college this month. If you have been considering a gift for a high school graduate or a college grad bound for graduate college, you have most likely thought about gifting the conventional cash or check. However, in lieu of cash, you may want to consider contributing…