At the Law Offices of DuPont and Blumenstiel, we work with individuals and businesses throughout Ohio to protect their wealth from unforeseen risks. Asset protection is more than just a strategy; it’s an essential approach to preserving what you have built.
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What Are Common Misconceptions About Trusts?
We often find that many Ohio residents have misunderstandings about trusts. These legal tools provide significant advantages for estate planning, yet misconceptions prevent individuals from fully utilizing them.
What Are the Grounds for Contesting a Trust in Ohio?
Contesting a trust is no small decision. It can become highly emotional and complicated, especially when family members are involved. If you're considering disputing a trust, you need an attorney who genuinely cares about your goals and offers clear, compassionate counsel during difficult times.
What Are Common Misconceptions About Estate Taxes?
Estate taxes are often misunderstood, which creates a major roadblock to effective planning. Many people fail to prepare properly due to misinformation or a false belief that estate taxes don't apply to them.
What Are the Steps to Take After a Slip and Fall Accident?
We've seen how slip and fall accidents can catch anyone off guard. One moment, you’re going about your day, and the next, you’re on the ground in pain, unsure of how severe your injuries might be. Here are some steps to take to protect your health and future legal claim.
How to Structure Your Business for Tax Efficiency
We often speak with business owners who want to maximize profits and reduce expenses. One central concern is structuring a company so that taxes don’t eat into cash flow more than necessary.
What Types of Trusts Should You Consider for Your Estate Plan?
Trusts can provide protection for your beneficiaries, help reduce taxes, and allow for your assets to be distributed according to your wishes. However, not all trusts are created equal, and choosing the right one for your estate plan requires careful consideration. In this article, we’ll explore 5 different types of trusts that we commonly draft in our office, as well as their advantages and limitations.
What Are Advance Directives and Why Are They Important?
Advance directives are legal documents that allow individuals to outline their healthcare preferences in advance, should they become unable to communicate or make decisions for themselves. These documents are often used in situations where a person faces a serious illness or injury, leaving them incapacitated.
Gun Trusts: A Comprehensive Guide
Gun trusts are legal entities designed to hold firearms and related assets while staying in compliance with federal and state laws. In Ohio, understanding gun trusts is crucial for responsible firearm ownership.
How much can you gift a family member in 2024?
The federal tax code has very specific rules about how much you are allowed to give to others each year—and over the course of your lifetime—in the form of a gift. But not every gift is subject to tax. Learn how you can avoid gift tax via tuition and medical exemptions.