Recent News and Updates
A little advice about how to conduct financial transactions through a power of attorney can save a lot of potential trouble in the future.
Strongly consider having your trust reviewed by one of our estate planning attorneys. Older trusts drafted for couples (especially those written before 2013 for Ohio residents) were designed to reduce estate/death taxes but usually created an income tax problem for the children, but that was the lesser of two tax evils (40% estate tax vs typical 15% capital gains for income tax).
As a landowner, the law affords you certain property rights, but do you know the extent of these rights as they relate to oil and gas beneath your land? If your answer is "yes", congratulations, you are one of the few. But, if your answer is "no", well, don't worry, I hope to add at least some clarity to this confusing area of property law.