Have you looked at your estate plan recently?

Did you know that Ohio no longer has an Estate Tax?

If your estate plan was created prior to 2013, you may be missing some good planning tactics which can save money for your survivors.

In many cases we can avoid probate by choosing the proper way to title assets after a careful review of how assets are currently being held. Prior to 2013, because of uncertainty regarding Federal and State taxes at death, many planners created various types of trusts to divide assets and keep distribution of assets in individual estates below certain levels. These levels took a giant jump in recent tax law changes, so many of our clients no longer have need for a trust, and a simple will is sufficient if the planning is done correctly.

Give us a call to discuss how we can help simplify your life and death.

What is written here is not legal advice. You should consult your attorney before applying any of this information to a specific situation.