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Blog Entries - Trusts

Changes in Ohio Probate Law

BILL SUMMARY - Ohio Legislative Service Commission Probate Law -Specifies that a will deposited by or for the testator in the office of the judge of the probate court of the county in which the testator lives may be

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Presentation of a Claim in an Estate

Estate Claim Must Be Presented Directly to Executor/ Administrator THE RULING: The Ohio Supreme Court ruled that Ohio law requires a claim against an estate to be filed within six months after the death of the

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Probate

In re Estate of Harmon In action against executor for recovery of assets of estate, trial court had jurisdiction to render a summary judgment to plaintiff where the judgment covered use of funds by executor, even

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ROTH PROPOSAL

OBAMA's PROPOSED 2015 BUDGET: Mandatory ROTH Required Minimum Distributions (RMD) The rule to impose RMDs would bring Roth IRAs into line with traditional IRAs, which already require mandatory distributions at age 70

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PROBATE BATTLE

BUSINESS SUCCESSION PLANNING IS EXTREMELY IMPORTANT BUSINESS MANIPULATION TURNS INTO 547 MILLION DOLLAR JUDGMENT Reproduction of an Article from the Cincinnati Enquirer by Andrew Wolfson, @adwolfson9:09 a.m. EDT

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Settlor's Intent

Effectuating a settlor’s intent is supposed to be a primary guiding principle of trust law. For centuries, courts have stated that their primary purpose in a trust case is to give effect to the “settlor’s

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