Estate, Trust & Probate

Protection for Your Adult Child

Posted on in Estate, Trust & Probate, News
Protection for Your Adult Child

Why it’s important for parents to have the proper documents in place before their adult children leave the nest is the topic of Weston Hurd partner Jay Nabors’ article “Protection for Your Adult Child.” Contact Information Jay Nabors – jnabors@westonhurd.com – 216.687.3205

The Will is Lost, Not Found

Posted on in Estate, Trust & Probate, News
The Will is Lost, Not Found

If you have to find your will, would you know exactly where to look? Would your family? Weston Hurd LLP partner Jay Nabors explains the importance of having easy access to your original estate documents. https://www.mimivanderhaven.com/…/the-will-is-lost-not… Contact Information Jay Nabors – jnabors@westonhurd.com – 216.687.3205

Online Banking Pitfalls

Posted on in Estate, Trust & Probate, News
Online Banking Pitfalls

Estate planning considerations when switching to a bank based entirely online is the topic of Weston Hurd partner Jay Nabors article “Online Banking Pitfalls.” https://www.mimivanderhaven.com/…/online-banking-pitfalls Contact Information Jay Nabors – 216.687.3205 –  jnabors@westonhurd.com

WILLING YOUR CRYPTOCURRENCY

Posted on in Estate, Trust & Probate, News
WILLING YOUR CRYPTOCURRENCY

According to Weston Hurd partner Jay Nabors, “If you have cryptocurrency, it’s important to have an attorney who understands how it should be passed to your decendents.” More about estate planning and cryptocurrency in: https://mimivanderhaven.com/…/willing-your-cryptocurrency Contact Information Jay Nabors – jnabors@westonhurd.com – 216.687.3205

Estate Planning for Parents

Posted on in Estate, Trust & Probate, News
Estate Planning for Parents

According to Weston Hurd LLP partner Jay Nabors “If there’s one thing the pandemic taught us it’s the importance of estate planning,” including for expectant parents. Read more in “Estate Planning for Parents.” https://www.mimivanderhaven.com/articles/estate-planning-for-parents Contact Information Jay Nabors – jnabors@westonhurd.com – 216.687.3205

Additional Help for SBA Borrowers Offered by the Continued Loan Payment Subsidies

Additional Help for SBA Borrowers Offered by the Continued Loan Payment Subsidies

The subsidy of Small Business Administration (“SBA”) loan repayments offered by the CARES Act has been extended by the newly enacted Economic Aid to Hard Hit Small Businesses, Non-Profits and Venues Act (the “Act”). For existing SBA borrowers with currently serviced loans, the government will now pay principal, interest and fees for those loans for an additional […]

“Series” Limited Liability Companies Will Offer More Options to Ohio Businesses

“Series” Limited Liability Companies Will Offer More Options to Ohio Businesses

Ohio has adopted a modified Limited Liability Company law which becomes effective on January 1, 2022 for all Ohio LLCs and foreign LLCs doing business in Ohio (Senate Bill 276). One of the most important features of the new law is facilitation of the formation of so-called “series” LLCs. One benefit of a series LLC is that […]

Congress Trumps IRS and Confirms Tax Deductions for Expenses Paid with PPP Loans

On December 21, 2020, the United States Congress passed the Consolidated Appropriations Act, 2021 (the “Act”). President Trump is expected to sign the Act. Significantly, the Act specifies that business expenses paid with forgiven Paycheck Protection Program (PPP) loans are tax-deductible. This supersedes IRS guidance that such expenses could not be deducted if the taxpayer […]