“Continued Attacks on Special Needs Trusts”
July 8, 2019
Co-author: Keith A Stevens As seen in “Probate Journal of Ohio” May/June 2019. Introduction In spite of statutes and a […]
A beneficiary of an estate or trust is often overwhelmed by the amount of information to process and the responsibilities of being named a beneficiary. In addition, a beneficiary may receive little or no communication from an executor or trustee, or he/she may distrust the executor/trustee and has concerns whether that person is acting in his/her best interests.
A beneficiary may engage legal counsel to represent them in the administration of the estate or trust to assist in understanding the importance of:
– information received from the fiduciary
– when to take action
– tax ramifications of an inheritance.
An attorney is also needed if a beneficiary believes that a fiduciary is not acting in the best interests of the beneficiary or is not carrying out the fiduciary’s responsibilities properly or in a timely manner.
related insights
“As America’s population ages, demand for elder law attorneys grows,” ABA Journal
May 2, 2019
In an article published in ABA Journal on March 27, Bill Browning is quoted discussing the growing demand for elder […]
Protecting Retirement Accounts When Long-Term Nursing Home Care is Required
March 1, 2019
In an article published in Bloomberg Tax’s Compensation Planning Journal on March 1, Bill Browning discusses preserving retirement accounts for middle-class families to protect […]
Significant 2018 Federal Income Tax Changes for Business Owners – Building Insider Magazine
September 4, 2018
There is good news and some bad news for builders, developers, contractors and other business owners under the 2017 Tax […]
Guest Blog: Protecting IRAs When A Spouse Requires Nursing Home Care – Columbus CEO
May 31, 2018
Medical bills were the biggest cause of U.S. bankruptcies—outpacing bankruptcies due to credit-card bills or unpaid mortgages—according to a survey […]
New Income Tax Deduction for Certain Business Owners – Columbus CEO
March 13, 2018
Effective for the 2018 tax year and ending Jan. 1, 2026, a new income tax deduction known as the “Qualified […]
“Difficult Math: When Some Children Don’t Want to Join the Family Business,” – Columbus Business First
March 10, 2017
In an article published in the print and digital editions of Columbus Business First on March 10, 2017, John Lucas […]
