Whether you want to set up a special needs trust on your own behalf or for a loved one who has a disability, it is very important to understand the requirements. A special needs trust could offer various perks. Aside from peace of mind, this estate planning strategy...
Westerville has a 2% income tax that residents and those working within the city must pay. As with all taxes the government charges, this tax is due every year, with some individuals having to pay estimated taxes. Ohio law dictates specific steps the city must take to...
When you have put considerable thought and effort into estate planning, it is important to ensure that your plans continue to serve your practical needs. Periodically reviewing the provisions that you have made will enable you to plan ahead judiciously. Here are a few...
There is a loneliness epidemic among older adults in the U.S. In fact, according to Science of People, as many as 30% of older adults feel lonely. More alarmingly, almost 60% of Americans say they have no person in their lives who knows them well. Loneliness is...
When it comes to estate planning, many people consider wills to be vital. And while they do serve a very important purpose during the process, they are not the only factor in creating a solid and suitable estate plan. You must also consider beneficiary designations,...
As an estate executor, there are many steps from a person dying to you completing your task. More than that, there are many ways to handle each step. One major step is working through the estate property to determine its value. While many items may transfer from the...
If you are a resident of Ohio, you may find the concept of civic action and participation a little daunting. Municipal laws and organizations are different in nuanced ways across the state. However, when you have a grievance or a project in mind, you suddenly need to...
When dealing with the process of aging, you will sooner or later have to handle the possibility of needing a long-term care facility. Thus, you should work this potential need into your basic estate planning. This can save you trouble later down the line. Red flags to...
Retirement planning and estate planning often go hand-in-hand, and both are processes that you can begin early on in life. As you approach retirement age, though, there are a few key items to address in your estate plan regardless of whether or not you already have a...
Even though you have been healthy throughout your life, it is impossible to predict the future. Eventually, whether because of a serious injury or unexpected illness, you might have to deal with incapacitation. If so, you simply will not be able to make your own...
