A Charitable Remainder Trust (CRT) is an irrevocable tax-exempt trust providing an income stream to non-charitable beneficiaries for life or a determined period of time with the remainder going to...
Estate planning might sound like a topic reserved for the wealthy or the elderly, but the truth is, everyone can benefit from having an estate plan in place. Whether you’re...
For many years, experienced commercial real estate (CRE) investors in Ohio have structured real estate purchases as an entity purchase and sale, often referred to as a “drop and swap.”...
Many families use one of two type of trusts, particularly when there are minor children. A testamentary trust is created through a person’s Last Will and Testament. However, the will...
Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance...
Ohio has been one of only a handful of states that has not allowed a postnuptial agreement until recently. In December 2022, the Ohio legislature passed Senate Bill 210 which...
Recently enacted House Bill 435 returns the timeframe and conditions in which creditors must present claims against a decedent’s estate under KRS 396.011 to those in place prior to 2020...
As we look back on the first 100 days of President Biden’s administration, there have been many proposed changes to both individual and business tax rates, estate planning considerations, and...
As of July 2020, Kentucky once again implemented new changes to its power of attorney laws. These changes follow the Uniform Power of Attorney Act. A Power of Attorney (“POA”)...
DBL Law attorney and CPA Colleen Fausz has joined the Family Nurturing Center Board of Directors. She practices in DBL Law’s Business Organization & Taxation, and Wills, Trusts & Estate...