TOD Accounts Versus Revocable Trusts – Which Is Better?

May 3, 2022
Bill O’Leary, Esq.
Estate Planning, Probate and Estate/Trust Administration, Transfer on Death

SAVINGS TOD Accounts Versus Revocable Trusts – Which Is Better? Both help you pass down assets while avoiding the time and expense of probate, but one comes with a lot more flexibility than the other. by: Tracy Craig, Fellow, ACTEC, AEP®, Emily…

Does Transfer-on-Death Become Fraudulent Transfer?

Does Transfer-on-Death Become Fraudulent Transfer? By Jill Roamer, J.D., CIPP/US estate planning, Case Law A new case out of the Court of Appeals of Ohio analyzes whether the beneficiary of a transfer-on-death (TOD) account was liable for an unpaid nursing home bill, based on a…

What If Grandma Didn’t Have a Will and Died from COVID-19?

June 26, 2020
Bill O’Leary, Esq.
Asset Protection, Estate Planning, Power of Attorney, Probate and Estate/Trust Administration

The novel coronavirus pandemic has upended the lives of millions, created a slew of unexpected struggles and, for many, turned nightmares into reality.

How Can Beneficiary Designations Wreck My Estate Plan?

Beneficiary designations are a crucial part of estate planning, yet they are often overlooked. Once you have signed your estate planning documents, you need to make sure that your beneficiary designations are consistent with the rest of your estate plan.

How Do Family Relationships Mess Up Estate Planning?

April 23, 2019
Bill O’Leary, Esq.
Estate Planning, Probate and Estate/Trust Administration

Families should plan early and communicate their wishes to their estate planners, as well as update their legal documents to reflect those wishes.

Did Luke Perry Plan His Estate?

When Luke Perry, whose full name was Coy Luther Perry III, died on March 4, 2019, he was surrounded by family and loved ones. Tragically, the actor—who rose to fame playing a teenage heart-throb on Beverly Hills 90210—died from a condition that almost everyone thinks of as one that only strikes "old" people. Fortunately, Perry's foresight to do the proper estate planning, meant that the tragedy was not made worse for his family.