Various options are available for people who want to be involved in what happens with their assets before and after they die. Some people create trusts to define how their family members spend their money. Others divide their assets between loved ones and the...
Serving the Cleveland Area since 1994
Serving the Cleveland Area since 1994
Month: September 2017
Estate plan approaches for transferring IRA funds
Ohio residents who are planning their estates need to make decisions about how to distribute all of their assets, including individual retirement accounts. These tax-protected savings accounts allow owners to designate beneficiaries. The beneficiary designation on the...
Risk mitigation important consideration for trustees
An increasingly complex legal and financial environment has developed in Ohio and elsewhere as a large multi-generational wealth transfer has begun. One market intelligence firm estimates that the next three decades will oversee a wealth transfer of $16 trillion. With...
How to choose a trustee
Ohio residents who want to establish trusts as a part of their estate plans may wonder how they should choose the trustee. It is important to consider who to choose to serve as a trustee carefully in order to make certain that the trust will be administered in the...
