Solomon, Steiner & Peck, Ltd.
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September 2016 Archives

Estate planning is for everyone

Many Ohio residents think that having an estate plan is only for people who have a sizable amount of assets. In actuality, though, such a plan can provide protection for people of far lesser means as well.

Smart estate planning tips

When it comes to estate planning, one of the worse mistakes a person can do is to do nothing at all, which is what many older Americans are guilty of, according to reports. However, Ohio residents who want to ensure their family inherits their wealth after they pass away may be interested in some tips.

How trusts can help Ohio residents with estate planning

If a parent has concerns that a child may have a hard time managing money or other forms of inheritance, it may be a good idea to look into creating a trust. A trust can put limitations on how and when a child receives assets and how they may be used.

Overview of qualified personal residence trusts

A qualified personal residence trust is an estate planning strategy that may help some homeowners in Ohio to reduce the gift and estate taxes that they owe. Though a QPRT is not necessarily a good estate planning tool for every homeowner, it can have many benefits.

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