Blog Entries - Wealth Management

Ohio HB 7 - Estate Planning, Trust and Probate Law CHANGES

  OHIO LEGISLATIVE SERVICE COMMISSION   FINAL ANALYSIS   On August 17, 2021, Ohio HB 7, the Ohio State Bar Association’s Estate Planning, Trust and Probate Law section bill revising some of

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Spendthrift - Fahey Banking Co. v Carpenter

Fahey Banking Co. v. Carpenter, 2019-Ohio-679 Trial court's Civ.R. 12(B)(6) dismissal on motion of trustee of a spendthrift trust in action brought by creditor bank to collect future required distributions to

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HB 595 - NEW LAW to Improve Probate

PROBATE OMNIBUS BILL (H.B. 595) House Bill 595 is known as the Probate Omnibus Bill and includes a number of noteworthy proposals, including the following: Allowing the creator of a trust to require that disputes

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Trump's Estate Tax

On December 20th, 2017 Congress passed the "Tax Cuts and Jobs Act", which become law on January 1, 2018. The new exemption more than doubled the previous year’s estate tax exemption of $5,490,000 per individual to

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Online Taxation

Supreme Court premits the Taxation of Online Sales by Out-of-State Companies The U.S. Supreme Court has given state and local governments the rightto impose sales taxes on out-of-state sellers,

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Rights Afforded to a Surviving Spouse in Ohio

In addition to your will, intestate succession (the states will established for people who do not draft their own will) or other non-probate transfers, the Ohio Revised Code (Section 2106) grants special rights to a

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