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Estate Planning and Elder Law Blog

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Cameras in assited living facilities

What Does Ohio Say about Cameras in Care Assisted Living Facilities?

Posted on: January 28, 2022 | By: David Parker, Esq.
The new year brings new laws to Ohio but one directly affects tens of thousands of people living in assisted living facilities.
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Estate Planning and Digital Assets

Sucession Planning - How Should I Plan to Sell My Business?

Posted on: January 27, 2022 | By: David Parker, Esq.
According to the Exit Planning Institute of Ohio, recent studies show that over 60% of the current U.S. business market is owned by baby boomers (those born between 1946 and 1964), who are ready to exit or transition their business over the next 10 years.
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What doesn't Medicare cover.

What are Best Assets to Inherit?

Posted on: January 26, 2022 | By: David Parker, Esq.
If you really want to help your heirs out, these are some of the best assets to leave them.
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Can a BDIT save you on taxes?

What are the Negatives of Investing in Cryptocurrency?

Posted on: January 25, 2022 | By: David Parker, Esq.
What happens when all of a corpse's money is in his cold wallet?
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trust administration

What Is Considered an Asset in an Estate?

Posted on: January 24, 2022 | By: David Parker, Esq.
This is an important question to ask, because the answer could tell you whether you need to worry about estate taxes, beneficiary issues or probate concerns.
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Where is your Health Care Power of Attorney ?

How Do I Hire a Caregiver from an Agency?

Posted on: January 21, 2022 | By: David Parker, Esq.
Once you have a list of promising agencies, arrange a consultation. AARP has a checklist of important questions to ask before signing a home health contract.
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Work on your Estate Plan

Has Pandemic Caused More Elder Abuse ?

Posted on: January 20, 2022 | By: David Parker, Esq.
The pandemic’s impact on older adults went far beyond Covid-19 infections. It also made them more vulnerable to abuse.
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Why a corporate trustee ?

Should I Use a Corporate Trustee?

Posted on: January 19, 2022 | By: David Parker, Esq.
Revocable Living Trusts have become a widely used estate planning document, providing a path to managing assets, avoiding probate and gaining privacy at the settlement of an estate.
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An invalid trust and gift tax

Gift Tax - What Happens If a Trust Is Invalid?

Posted on: January 18, 2022 | By: David Parker, Esq.
This case should be required reading for any person who has an interest in an entity or a trust.
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How Probate Court works.

Is Prince’s Estate Settled Yet?

Posted on: January 17, 2022 | By: David Parker, Esq.
The administrators of the late musician's estate recently settled a complicated dispute with the Internal Revenue Service over the value of Prince's assets. The precise value was undisclosed, however, although it could exceed $100 million.
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