Spring Break Checklist After a long, odd Ohio winter, many of us—from the young and to the more mature—are ready to make plans for spring break. Here are a few important reminders, whether you plan to travel to take advantage of warmer weather by traveling or enjoy your spring break at home. Tips for [...]
The Deceased Spouse's Unused Exemption Amount: a Spouse's Final Gift Spouses often work together to build wealth for themselves and their children. Congress recognized this by enacting the gift and estate tax portability election as part of the 2010 Taxpayer Relief, Unemployment Insurance Reauthorization, and Job Creation Act and making it permanent in the [...]
Retirement Planning Update Although we are still in the midst of an erratic Ohio winter, spring is on its way. It is important to remember upcoming April deadlines for retirement contributions and required minimum distributions (RMDs), but there have also been some recent developments that may impact your retirement planning. IRS Proposed Regulations for [...]
Addressing A Few Common Probate Misconceptions Some of the most common questions that we hear when someone calls our office after losing a loved one are: My brother had a Will, so why do we have to go through probate to divide his property? My brother had a Will prepared leaving everything to me, [...]
For everything there is a season, and it will soon be the season for taxes. Although it always seems to arrive too quickly, you will start to receive important tax documents by January 31. Whether you are filing as an individual or administering an estate or trust, you should start to prepare for tax [...]