Gayle Reeves' Blog

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

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

Planning for Aging

Gayle A. Reeves - Tuesday, September 02, 2014

We are all getting older.  It is an undeniable fact of life no matter how much we would like to think otherwise.  Everyone plans for a vacation, education for our children, and retirement.  But what about planning for aging?  Planning for aging simply means that we want to be certain that our wishes will be carried out in the event of deteriorating health, disability and death.  It also means that these wishes are communicated to our loved ones, so that they can make the “right” decision for us.  We can begin with some simple documents which I have previously discussed, such as the Healthcare Power of Attorney, Financial Power of Attorney and Will.  It is one thing to have these documents in place.  It is another thing to communicate our desires to the persons whom we have appointed to act on our behalf. ...read more

Planning for Long Term Care

Gayle A. Reeves - Wednesday, April 30, 2014

While no one I know has ever said I want to spend the rest of my life in a nursing home, few people actually take the time to plan for long-term care. This planning is important because a person age 65 or older has at least a 50% chance of dealing with a disability within their family. ...read more

Signs of Alzheimer’s Disease

Gayle A. Reeves - Monday, March 31, 2014

Alzheimer’s Disease is an insidious disease in that it usually comes on slowly so that a person may not realize what is going on until it has progressed to a severe level. I have many clients who come into my office and say that their loved one is somewhat forgetful.  ...read more