For the full PDF, click here: Back Door Slats And Ohio Legacy Trusts: A Solution For Sunset Uncertainty? As of the writing of this article, the exemption amount is $13,990,000 per person and the temporarily doubled bonus exemptions are scheduled to sunset as of...
Choosing a trustee is one of the most critical decisions in creating a trust-based estate plan. A trustee manages assets, adheres to your trust’s terms, and serves your beneficiaries’ best interests. Here are key factors to guide your selection process. Competency and...
The current tax landscape presents significant opportunities. On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” into law, making many provisions of the Tax Cuts and Jobs Act permanent, including lower individual tax rates, the 20% Qualified...
For many families, the vacation home holds an almost sacred place in the heart—where toddlers became teens, where holidays meant fireflies, fireworks or fireplaces, and where generations gathered without the distractions of daily life. But behind the memories, there's...
It’s National Pet Day, and for many of us, our beloved pets are not just our best friends, but they are family. They give us tremendous joy and love and support every day. There are emotional attachments and financial investments as well, especially with larger...
Your estate plan isn’t a “set it and forget it” document—it’s a dynamic framework that should grow and change as your life evolves. Ensuring your plan reflects your current wishes and circumstances is critical for protecting your legacy, providing for loved ones, and...
Estate planning typically focuses on passing assets to younger generations. However, a smarter tax strategy might be to leave those assets to your parents instead. This approach is the essence of a resourceful technique known as Upstream Support Trust ("UST")...
By Rena A. Ballard and Andrew J. Kelleher, Kelleher + Holland, LLC Families who have (i) loved ones with physical, mental, developmental, or behavioral disabilities, or (ii) aging family members with nursing home or long-term care risks, face unique challenges to...
By Edwin P. Morrow III, J.D., LL.M., MBA, CFP®, CM&AA® and Andrew J. Kelleher, Jr., J.D., CPA, LL.M. When it comes to estate planning, employing a diverse array of irrevocable trusts has emerged as an indispensable strategy for individuals aiming to preserve and...
Permanent life insurance is an often overlooked or underutilized asset class. With proper irrevocable trust planning, permanent life insurance can provide totally income tax-free and estate tax-free liquidity upon death to efficiently address estate taxes and keep...
