You worked pretty hard to build up a legacy for your kids and their kids to inherit and you’re rightfully proud of what you’ve accomplished. Unfortunately, it isn’t easy to keep that money in the family and growing — there’s generally a “three generation” rule that...
Trusted Toledo Attorneys Here For You In Difficult Times
Year: 2017
Three financial tools for paying for long-term care
And what to do when paying isn’t possible It is no wonder why people are worried about medical expenses later-in-life. The average cost of nursing home care in Ohio is approximately $76,000 annually and can be much more in some parts of the state. While less...
A financial checklist for remarriage
Many people find love a second time. While you may be older and wiser than when you first got married, there are still easy financial mistakes to make. Below, you can find a financial checklist that can ensure you are entering into your second marriage financially...
Understand what makes you a criminal accomplice before you talk
Most people have no idea that being an accomplice to a crime can land them in jail as long — or even longer — than the person who actually committed the crime! Because of that, they will sometimes tell police what they know about a crime, never realizing that they’re...
3 good reasons not to file for divorce before Christmas debunked
Nobody can tell you the perfect time to file for divorce. In fact, the odds are good that there isn’t one. However, some times are better than others. On the surface, it probably seems like waiting until the holidays are over to file for divorce is the best idea — but...
How do you handle a custody exchange during a bitter divorce?
Child custody is one of the No. 1 things that couples fight over during a divorce. The situation can end up not only involving the couple and their children, but family and friends as well. The more bitterly-fought the battle, the harder it is to make a custody...
Why India’s stance on the Hague Convention is important to Ohio
Ohio has a relatively large Asian population that’s been steadily growing over the last few decades — which mirrors the growth in the rest of the country as well. Nationally, however, Asians from India, China, Korea, Thailand and other areas tend to seek the diversity...
Is it time to file personal bankruptcy?
Is it really time to file for personal bankruptcy? Should you try waiting a little longer while you lock away the credit cards and tighten your budget to see if you can get your finances under control? Ultimately, you have to make the decision whether or not to file...
What happens to debt upon death?
Two things no one ever wants to think about are death and debt. This may be the reason that not many people are aware of what happens to debt when you die. This blog will briefly examine some of the considerations family, heirs, cosigners and estate administrators...
Look out for Medicaid look-back and spend-down
Anyone who has looked into financial assistance for nursing home residency from Medicare and Medicaid knows that there are serious complications in the process. Far too many people over the years have been surprised to learn that they can’t leave the financial gifts...