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Our Estate and Planning Practice Team
Estate Planning is a business that has pretty much seen its day and left. True Statement?
Yes and no.
The days of complicated A-B (or so-called credit shelter-marital trusts) is pretty much gone. That's a good thing. There is still a federal estate tax but it will not affect all but the wealthiest of families and almost certainly will not affect you. The fiscal cliff controversy resolved and settled that a person can die with an estate valued at less then $5,000,000 and not pay a dime of federal estate taxes. Effective January 1, 2013 there is no longer an Ohio estate tax.
We are available to discuss ...
At Schuh & Goldberg, LLP we're very good at explaining matters in an understandable way. Give us a call to discuss how we might be able to help you!