A short time before his death, Larry King attempted to update his estate plan without the assistance of an attorney. The handwritten last will and testament is now being challenged in a lawsuit filed by his estranged wife. The parties…
It is the time of year you may be receiving 1099s. Here are a couple of things to keep in mind that we are seeing this year: UNEMPLOYMENT BENEFIT IDENTITY THEFT If you receive a 1099 for unemployment benefits, but…
There is a new scam in town, that involves “spoofing.” This is where scammers call you and have a fake number show up on your caller-ID so you think it is someone recognizable. A new version of this involves scammers…
A 2019 Bankrate survey found that sixty percent (60%) of American adults have loaned money to their children (https://www.bankrate.com/finance/credit-cards/lending-money-survey-2019/). Sadly, many reported the assistance to their child as having a negative impact, causing them to lose money, and even hurting…
If you are like most of our clients, you have wanted to create a last will and testament for years. You know it is important and needs to be done, but you are also busy and have plenty of other…
The Ohio Department of Medicaid is in the process of changing how it treats Individual Retirement Accounts (IRAs). Until now, IRAs have been treated like any other asset that can be liquidated. If someone filed for Medicaid with money in…
Ohio’s Attorney General has made it clear: creditors cannot attach or seize your stimulus money. Ohio law protects certain assets from creditors’ claims. These are called “exemptions.” For example, you can have a certain amount of equity in your car…
“I’ve been needing to do this for 10 years.” “That was so easy!” Those are two recent comments we received from estate planning clients. Everyone knows they need a last will and testament, powers of attorney, trust, living will, or…
As the $1,200.00 stimulus payments are distributed, many people receiving Medicaid coverage in nursing homes and other settings are finding their bank account creeping over the $2,000.00 they are normally allowed to have. Fortunately, this is not a problem. Stimulus…
In addition to new federal loan opportunities for businesses, the federal government has also instituted new protections for employees at businesses with fewer than 500 workers. In instituting those changes, they have mandated that employers post two posters at their…