Gayle Reeves' Blog

Watch Out for Scammers

Gayle A. Reeves - Monday, February 01, 2016

FINANCIAL ELDER ABUSE ...read more

Guardianship 2015 Changes

Gayle A. Reeves - Tuesday, December 01, 2015

Effective June 1, 2015 the Ohio Supreme Court issued rules that directly affect all guardians, both existing and newly appointed.  The purpose of these rules is to educate the guardians on their responsibilities and to make sure the guardian focuses on the best interests of the ward. ...read more

Digital Assets

Gayle A. Reeves - Thursday, October 01, 2015

           If you are like a lot of people, you have moved much of your physical items to digital.  We no longer have a physical address book.  Everyone’s contact information is stored on our cell phone or computer.  Many businesses have encouraged you to stop receiving paper statements.  Now you access them online.  We don’t write checks, we pay bills on line.  We maintain online store accounts like ebay and woot.  We have digital media accounts through itunes to get our favorite songs and videos on our ipods.  We access books online and read, or listen, to them on our kindle or ipad.  We keep up with our family and friends using social media.  We even play our games using online profiles.  Photo albums have given way to storing our pictures on our computers or with online companies. ...read more

Special Needs Trusts

Gayle A. Reeves - Tuesday, September 01, 2015

I am seeing more and more people in my office who either have a disability or who have a child with a disability.  Many times the disabled individual is receiving public benefits such as Social Security Income (SSI) and Medicaid.  It used to be that the simple answer was to not leave anything to the disabled person.  However, there are many estate planning options available that will provide much better options.  The most common is to create a Trust that meets the statutory requirements to permit a disabled beneficiary to receive the benefits of the inheritance without affecting their public benefits.  ...read more

How Do You Own Your Home?

Gayle A. Reeves - Tuesday, June 30, 2015

           When was the last time you looked at the deed to your home?  If you are like many people, you may have looked at it when you bought your home.  Than you put it with your other important papers and never looked at it again.  Ohio law provides for several different ways in which a person can take title to real property.  Each way has a different result when you die.  Now is a good time to find your deed and take a good look at it to see how your home is titled.  If it is not properly titled to have the effect that you want, have a new deed prepared that will accomplish your desires. ...read more

Hazards to Do It Yourself Documents

Gayle A. Reeves - Friday, May 01, 2015

The internet provides us with a wealth of useful and amazing information.But, as I always tell my son when he is using the internet to research a topic for his homework, you have to know your sources. Are you getting your information from someone’s blog or are you getting it from someone who is an expert in their field? This advice also applies to using legal forms from the internet. ...read more

Non Tax Reasons for Using Trusts

Gayle A. Reeves - Wednesday, April 01, 2015

Providing for the distribution of one’s property after death is not a task eagerly approached by anyone.  It is, however, a task we all should face.  A Will alone can leave property outright as you direct.  Only a trust, however, can own your property during your lifetime, hold it over time, and distribute it in the future upon the special conditions you instruct.  A trust is a powerful legal arrangement, whereby one person holds legal title to property and manages it for the benefit of another. Often, a trust can be revocable so that you can change it in the future. ...read more

It Should Not Be Kept a Secret

Gayle A. Reeves - Tuesday, March 03, 2015

Last month I wrote about the need to put an estate plan in place.  As a follow-up to that, I want to discuss the information you should make available to the people you are going to depend on to carry out your plan.  This is the best time of year to review your financial and estate plan.  All of the income tax information is coming and it is easy to determine what you have, its current value, and how it is titled.  With all of this information being so handy it is the perfect time to put together a summary of your financial information.  Why is this summary so important?  It is important so that the person who takes over if you become incompetent, or when you die, knows what you have and can find it.  Ever wonder where the unclaimed funds come from?  Much of it is from bank accounts that no one knew existed. ...read more

If Not Now When

Gayle A. Reeves - Tuesday, February 03, 2015

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Elder Law in Iceland

Gayle A. Reeves - Monday, December 01, 2014

ELDER LAW IN ICELAND ...read more