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What is a bare trust?

A bare trust is generally known as a trust in which the person receiving property, the beneficiary, is entitled to the income and the capital of the trust. The income is the amount that the property e...

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No-Contest Clause: Why Have One?

In an effort to ensure their wishes are met and avoid disputes among family members a person may include what is called a no contest clause in a will or living trust document. The no contest clause is...

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Deeding a Home to Your Kids

Putting a child's name on the deed in any manner' by transferring the home to the child outright or making the child a co-owner (whether as a'tenant-in-common' or a'joint tenant with right of survivor...

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Allstate Ignored Claim – Must Pay $16M In Damages

A Missouri Appellate Court judge found that the Allstate Insurance Company acted in bad faith when it ignored a policyholder's car accident claim for six months' then tried to make excuses for why it ...

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I am being sued. What do I do?

Civil cases are initiated when a formal complaint is filed with the court and served on you, the defendant. The first thing you need to do when served with a complaint is to immediately contact an att...

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What is a QTIP trust?

A qualified terminable interest property trust (Q-Tip Trust) is a marital trust for which a federal estate tax election can be made so as to qualify the trust property for the marital deduction. A Q-T...

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How do I change a living trust?

A living trust is a trust established during the life of a person. All assets are deposited into the trust and removed from the possession of the original owner. This allows the owner to avoid probate...

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Would a trust be better than a will?

The question of whether a trust be better than a will has no simple answer since so many factors must be considered in estate planning. Your decision is personal and individual, and must suit your par...

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What is a standby trust?

A standby trust is created during your lifetime, and at the time of your death, the property in the standby trust is transferred according to the directions in your will. One of the reasons it is call...

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Ohio Small Claims Court

Ohio's small claims courts were designed to deal with legal disputes amounting to $3,000 or less in a simplified and informal process that does away with the complexities of traditional litigation....

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Who should I name as a defendant in a civil lawsuit?

When you file a civil lawsuit, you may do so for any violation of the law that has caused you physical or economic harm. One of the most important steps in filing your lawsuit is naming all of the def...