Franklin County, OH Estate Planning Lawyers, page 7

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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
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Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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Includes: Gift Taxation

Steven M Harris

Estate Planning, Family Law, Business Organization, Personal Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

7650 Rivers Edge Drive,, Columbus, OH 43235

Gianluca A. D. Pitetti

Tax, International, Gift Taxation

Status: In Good Standing Licensed: 34 Years

CONTACT

191 W Nationwide Blvd, Columbus, OH 43215

Scott E. Wright

Litigation, Estate Planning, Family Law, Medical Malpractice

Status: In Good Standing Licensed: 35 Years

CONTACT

261 S. Front Street, Westerville, OH 43215

J. Michael Evans

Estate Administration, Estate Planning, Guardianships & Conservatorships, Living Wills

Status: In Good Standing

CONTACT

261 W Johnstown Rd, Columbus, OH 43230

Douglas Roger Jackson

Elder Law, Estate Planning, Estate

Status: In Good Standing

CONTACT

2661 Commons Blvd., Columbus, OH 43215

Jeffrey Aaron Eyerman

Estate Planning, Estate, Discrimination, Business

Status: In Good Standing

CONTACT

501 S High St, Westerville, OH 43215

Nicole Derr

Traffic, Estate Planning, Family Law, DUI-DWI

Status: In Good Standing

CONTACT

5251 Norwich St, Hilliard, OH 43026

Katharine Dunn Mallory

Landlord-Tenant, Intellectual Property, Estate Planning, Business

Status: In Good Standing

CONTACT

720 E Broad Street, Columbus, OH 43215

Megan Michelle Gibson

Divorce & Family Law, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

615 Copeland Mill Road, Westerville, OH 43081

Nancy E. Morrison

Estate Planning, Estate, Trusts

Status: In Good Standing Licensed: 43 Years

CONTACT

3875 Darbyshire Dr, Hilliard, OH 43026

800-923-0641

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

SAMPLE LEGAL CASES

Shoemaker v. Gindlesberger

... decided over 20 years ago. {Â¶ 13} Appellants' second reason for asking for an exception to the privity rule is the need to have attorney accountability in the area of estate planning and wealth transfer. Because any mistakes that ...

Ohio State Bar Assn. v. United Fin. Sys. Corp.

... Bar. {Â¶ 4} 3. Respondent has engaged in the unauthorized practice of law by marketing and selling to residents of the state of Ohio living trusts and other estate-planning and transfer documents. {Â¶ 5} 4. Respondent's business ...

Cincinnati Bar Assn. v. MID-SOUTH

121 Ohio St.3d 212 (2009). 2009-Ohio-749. CINCINNATI BAR Association v. Mid-South Estate Planning, LLC, et al. 213. No. ... {Â¶ 2} 1. By marketing and selling living trusts and other estate-planning documents in Ohio, Mid-South engaged in the unauthorized practice of law. ...

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Franklin County, OH Estate Planning Lawyers, page 7

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Steven M Harris

Gianluca A. D. Pitetti

Scott E. Wright

J. Michael Evans

Douglas Roger Jackson

Jeffrey Aaron Eyerman

Nicole Derr

Katharine Dunn Mallory

Megan Michelle Gibson

Nancy E. Morrison

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

WARRANTY DEED

FAMILY ALLOWANCE

ABATEMENT

TESTAMENTARY TRUST

OFFICER

SUCCESSION

FINAL BENEFICIARY

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

Shoemaker v. Gindlesberger

Ohio State Bar Assn. v. United Fin. Sys. Corp.

Cincinnati Bar Assn. v. MID-SOUTH

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PRACTICE AREAS 70