Entries by Virteom Support

What Is An Estate Plan, Part II – Life Documents? 

Baron Law LLC, of Cleveland, Ohio, offers the following information on different components of an Estate Plan.  To see what plan is best suited for your needs, contact Baron Law, LLC, Cleveland, Ohio In a previous post, last will and testaments, guardianships, and letters of intent were explored. These documents however, only provide a partial […]

Planning for Married Couples Using Portability and Bypass Trusts

Planning for Married Couples Using Portability and Bypass Trusts  As Seen Published in the Cleveland Metropolitan Bar Journal Significant expansion of the federal estate tax exclusion has dramatically changed how estate planning professionals plan for married couples.   In 2000 when the federal estate tax exclusion was merely $675,000 and federal tax rates peaked at fifty-five […]

Top Reasons For Needing a Trust

Top Reasons For Having a Trust When creating an estate plan, the biggest mistake people make is thinking they need to be rich in order to have a trust – that is completely false.  If you’re not Warren Buffet, you may still have other non-monetary reasons for creating a trust like asset protection, control, tax […]