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Trusts
September 9, 2022
Qualified Income Trusts Explained As a resident of Ohio, you may have heard of a qualified income trust, also known as a Miller Trust. This category of trust is often used by those who wish to qualify for Medicaid coverage of nursing home expenses. To qualify […]
May 20, 2022
Notifying Beneficiaries When someone dies, assets are distributed to beneficiaries named in a will or trust. The probate court oversees this process, validates the will or trust, then directs executors and trustees to gather and distribute assets laid out in the will or trust. Finally, the […]
December 3, 2021
Importance of a Trust A trust is a helpful financial tool to allow you to protect your income and wealth to pass it on to your children safely. Yet if your children are young, you may not want to have your assets go straight to them […]
November 28, 2021
Advantages & Disadvantages of a Trust Is putting your house into a trust a good idea? At Heban, Murphree, and Lewandowski, we get asked this question often. The answer is that several factors influence the approach to estate planning for every individual. So if you’re trying […]
November 16, 2021
How To Start A Trust There can be several reasons why you might want to set up a trust fund. You may do so to create a way to fund an individual, organization, or cause that gives you more control and privacy in how the money […]
December 29, 2020
Contesting a Trust When you challenge the validity of a trust, you go through a process referred to as contesting a trust. The laws concerning this process vary from state to state, so it’s essential to reach out to an attorney experienced in trusts and estate […]
June 5, 2020
When estate disputes arise after a parent or loved one dies, finding a way to resolve them peacefully and fairly is important. Unfortunately, dividing up an estate is riddled with challenges, and those challenges often cause hurt feelings or long-term problems between siblings. For families who […]
October 14, 2019
A charitable trust is an important part of any philanthropist’s estate plan. Luckily, you don’t need to be a millionaire to have a charitable trust, and you can make a big difference with a minimal amount of money. The charitable trust is the best way to […]
August 10, 2019
Single moms do not have the luxury of ignoring their estate plans. Without another parent in the picture, you need to do all you can to ensure your children’s rights and interests are protected in the event of your death. One of the more valuable tools […]