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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
Competent Legal Representation

Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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Includes: Gift Taxation

Elisabeth C. Duesler

Medicare & Medicaid, Wills & Probate, Estate Planning, Family Law

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CONTACT

302 South Main Street, Marysville, OH 43040

Chad Anthony Ross

Landlord-Tenant, Health Care Other, Estate Planning, Elder Law

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322 East Main Street, Russells Point, OH 43348

800-814-6700

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

CREDIT SHELTER TRUST

See AB trust.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

SAMPLE LEGAL CASES

Shoemaker v. Gindlesberger

... decided over 20 years ago. {Â¶ 13} Appellants' second reason for asking for an exception to the privity rule is the need to have attorney accountability in the area of estate planning and wealth transfer. Because any mistakes that ...

Ohio State Bar Assn. v. United Fin. Sys. Corp.

... Bar. {Â¶ 4} 3. Respondent has engaged in the unauthorized practice of law by marketing and selling to residents of the state of Ohio living trusts and other estate-planning and transfer documents. {Â¶ 5} 4. Respondent's business ...

Cincinnati Bar Assn. v. MID-SOUTH

121 Ohio St.3d 212 (2009). 2009-Ohio-749. CINCINNATI BAR Association v. Mid-South Estate Planning, LLC, et al. 213. No. ... {Â¶ 2} 1. By marketing and selling living trusts and other estate-planning documents in Ohio, Mid-South engaged in the unauthorized practice of law. ...

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