Trusted Toledo Attorneys Here For You In Difficult Times
A major purpose of estate planning is to avoid probate. But what is probate, and why do you want to avoid it? Probate is actually Probate Court. Probate Court is the division of Common Pleas Court, in Ohio, that deals with anything to do with wills, estates,...
If you are nearing retirement or are already in your golden years, recovering from a bankruptcy may be the least of your concerns. However, when debt becomes too much to bear, and extreme measures must be taken to preserve some semblance of wealth through bankruptcy....
In the world of estate planning, “Death Taxes” or more properly called, Estate Taxes, make headlines. What you call these taxes when someone passes away depends on your political bent. Republicans use the phrase Death Taxes while Democrats like to call the Estate...
If one of your New Year’s resolutions was to get out of debt, chances are that you are looking at your income tax refund as a catalyst to help you achieve that goal. Indeed, using the extra money to eliminate some troubling debt can be helpful, especially if the...
Sometimes, following the death of a loved one, an Ohioan will end up serving the role of personal representative for their deceased loved one’s estate. One way this can come about is if they are named for this role in their deceased loved one’s will. When a person is...
For people struggling to make ends meet, it may be difficult to decide when to (or whether to) file for bankruptcy protection. For those unfamiliar with it, bankruptcy provides a way to eliminate troublesome debt and provide consumers with a fresh financial start....
In 2015, the U.S. economy is expected to grow steadily, and the first quarter of the year appears to be following that prediction. Even though it is early, there is reason for optimism as people who had struggled for years to get back into the workforce appear to be...
The new year comes with a certain amount of trepidation for those living on fixed incomes; particularly senior citizens who depend on Social Security benefits as well as income tax refunds to make ends meet during the year. However, there are many people who have been...
To persons of a certain age in Ohio and elsewhere, it likely doesn’t seem that long ago that many people regarded estate planning as some esoteric prerogative of only the super rich. These days, there is a far greater appreciation among many millions of individuals...
Interestingly, it appears that baby boomers do not all feel that they owe their children the same things. Recent polls found that more than half — 54 percent — think that they should not have an obligation to leave money behind for their children. The remaining 46...