Information on Power of Attorney Forms

 

Power of Attorney (POA) Form

Power Of Attorney – Explained by local Cleveland, Akron area Lawyer

While helping clients around the Cleveland, Ohio and Akron, Ohio areas, with offices in Hudson, Ohio and Brecksville, Ohio, we often hear questions about the important topic of power of attorney forms (POAs).  This entry discusses the financial power of attorney, commonly referred to more formally as a “General Durable Power Of Attorney”Continue reading

2017 Estate Tax Exemption Amount – 2017 Gift Tax Exemption

Estate Tax Exemption and Gift Tax ExemptionThe Federal Estate tax exemption went up to 5.49 million in 2017 from 5.45 million in 2016.  That’s nearly 11 million for a married couple.  If you are one of the few American’s that is in the estate tax range, call Valente Law today to help save money by avoiding estate taxes.  Estate tax is 40% rate on every dollar above 5.49 million, but with proper estate tax planning, we can almost always help you minimize the estate tax and in a lot of cases, we can totally avoid estate tax altogether.

The 2017 Gift Tax exemption is still stuck at $14,000, Continue reading

Probate Avoidance

Avoiding Probate Court (aka probate avoidance) is one of the biggest goals in most estate plans. Probate court is a division of each county court in Ohio, including Cuyahoga County Probate Court, Summit County Probate Court and Medina County Probate Court, where we practice regularly. These Cleveland and Akron area probate courts have jurisdiction over probate estates in their counties.

Probate Court is a process which involves the following main tasks:Continue reading