Mc Clure 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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Thomas Henry Vogtsberger

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

521 N Main St, Bowling Green, OH 43402

Daniel Francis Zigray

Power of Attorney, Wills, Wills & Probate, Trusts, Estate

Status: In Good Standing

CONTACT

1755 Indian Wood Circle, Maumee, OH 43537

Robert Vaughn Sterling

International Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

1721 Indian Wood Cir, Maumee, OH 43537

800-923-0641

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LEGAL TERMS

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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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Mc Clure Trusts Lawyer, Ohio

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Thomas Henry Vogtsberger

Daniel Francis Zigray

Robert Vaughn Sterling

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LEGAL TERMS

MINERAL RIGHTS

INVENTORY

PROBATE

TRUST MERGER

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

LIVING TRUST

EXEMPTION TRUST

DOWER AND CURTESY

CHARITABLE TRUST

SAMPLE LEGAL CASES

Pack v. Osborn

Bank One Trust Co., NA v. Scherer

Kormanik v. Cooper

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