Global Family Law Services
Hundreds of billions of dollars have accumulated in donor-advised funds since this vehicle was created all the way back in the 1930s. In fact, an estimated $110 billion is sitting in these funds right now. All, or at least virtually all, of the biggest investment firms in the country now offer this type of philanthropic product to investors, and these…
In 2015, Ohio voters declined to legalize marijuana for reasons from concerns about marijuana use to concerns about regulation ability, to concerns about the language and impact of the proposed constitutional changes. But in 2016, then-Gov. John Kasich signed House Bill 523 to legalize cannabis use for medical reasons. Medical marijuana is now legal in 33 states, with 11 of…
Chanukah is right around the corner. So is the end of another tax year. Many are thinking of gift giving, and wanting to plan and budget smartly. This may be doubly true if you are thinking about your estate plan and if and how you can pass on your wealth during your lifetime. Depending on the size of any planned…
Although some object to labeling it a “crisis,” there is at least widespread consensus that, whatever we call it, our higher education system could be improved. Student loan debt in the United States tops $1.6 trillion. And as many as one in 10 of those 44 million borrowers are defaulting on their debt. Higher education costs and student loan debt…
It is estimated that as many as three-quarters of Americans have insufficient retirement savings and a full quarter may have no retirement savings at all. And, given that the majority of workers receive none of the pension benefits that had been common among prior generations, many Americans are left to either continue working longer than intended, or to survive solely…
Trusts have long been a tool for the ultra-wealthy to preserve wealth and pass it down through the generations. But even those of more modest means may benefit from this powerful estate planning tool. Here are five reasons to consider forming a trust: To minimize the tax hit: True, the exclusion for estates and prior taxable gifts is $11.4 million,…
Bitcoin and other virtual currencies continue to make headlines as they are used more and more frequently. Although it remains a favorite currency for illegal sales of drugs and weapons, and for other other “shadowy” transactions accomplished on the dark web, they have became a legitimate method of payment in many above-board transactions, not to mention an investment vehicle. It…
Getting divorced is hard enough and the division of real property can make it even more contentious. Often, real property is one of the largest assets to be divided and considerable money could be at stake. Add in a dash of emotion (memories were made there, and children raised), not to mention the headaches of moving and the prospect of…
Even before President Donald Trump took office, discussions of impeachment began and those discussions have both flourished and fizzled since. Before him, there were talks of impeaching President Barack Obama. Before him, President George W. Bush., President Bill Clinton was, of course, impeached – and he was not the first; Andrew Johnson holds that distinction – but the U.S. Senate…
A nonprofit can engage in lobbying efforts, but you probably already knew that. It is difficult to think of a time in recent memory during which the political battle lines have been so clearly drawn. Arguably with the help of social media – even beyond the trolls – our society has become more divided and divisive. No matter one’s viewpoint,…