Harrisville Trusts Lawyer, Ohio

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Ronald Lasko
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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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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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Lawrence Ira Boothe

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

14 Liberty St, Dillonvale, OH 43917

Cole Alexander Antolak

General Practice

Status: In Good Standing

CONTACT

150 W Main Street, Saint Clairsville, OH 43950

Heidi Renee Kemp

General Practice

Status: In Good Standing Licensed: 8 Years

CONTACT

250 W. Main Street, Saint Clairsville, OH 43950

Heidi Kemp

Energy, Estate Planning, Trusts

Status: In Good Standing Licensed: 8 Years

CONTACT

250 West Main Street, Saint Clairsville, OH 43950

Joe Vavra

Litigation, Trusts, Family Law, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

52160 National Rd, Saint Clairsville, OH 43950

E. J. Schramm

Corporate, Trusts, Workers' Compensation, Energy

Status: In Good Standing Licensed: 12 Years

CONTACT

46457 National Rd W, Saint Clairsville, OH 43950

Joseph Michael Corabi

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

16001 State Route 7, Steubenville, OH 43952

Joseph Corabi

Personal Injury, Bankruptcy, Estate Planning, Trusts

Status: In Good Standing Licensed: 47 Years

CONTACT

16001 State Route 7, Steubenville, OH 43952

Bonnie Stewart

Trusts, Family Law, Employee Rights, Juvenile Law

Status: In Good Standing

CONTACT

320 Howard St, Bridgeport, OH 43912

Jack Felgenhauer

Litigation, Trusts, Family Law, Juvenile Law

Status: In Good Standing Licensed: 24 Years

CONTACT

105 Sunset Blvd, Scio, OH 43988

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

CURATOR

See conservator.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

SAMPLE LEGAL CASES

Pack v. Osborn

... Alternatively, the trustee requested that the trust be reformed to meet the current statutory and regulatory standards for trusts that are noncountable resources. [1]. ... Restatement of the Law 2d, Trusts (1959), Section 2, comment f. ...

Bank One Trust Co., NA v. Scherer

... Roger died in 1982. Pursuant to the trust agreement, Bank One was to form three trusts: one for Roger's son, Ronald; one for Roger's daughter, Linda Scherer Talbott; and one for Roger's surviving spouse, Betty J. Scherer. The ...

Kormanik v. Cooper

... {Â¶ 2} These appeals involve cases in which Kormanik, acting as appointed guardian for two individuals who were found to be incompetent, filed actions in the probate court seeking to have qualifying pooled special-needs trusts established, pursuant to Section 1396p(d)(4)(C ...

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Harrisville Trusts Lawyer, Ohio

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Lawrence Ira Boothe

Cole Alexander Antolak

Heidi Renee Kemp

Heidi Kemp

Joe Vavra

E. J. Schramm

Joseph Michael Corabi

Joseph Corabi

Bonnie Stewart

Jack Felgenhauer

TIPS

LEGAL TERMS

QTIP TRUST

CONSERVATOR

SUMMARY PROBATE

CURATOR

NONPROBATE

PROBATE

ACCUMULATION TRUST

GENERATION-SKIPPING TRANSFER TAX

TRUSTEE

SAMPLE LEGAL CASES

Pack v. Osborn

Bank One Trust Co., NA v. Scherer

Kormanik v. Cooper

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