Estate Planning Attorneys Avon Lake : Probate & Elder Law Attorneys in Avon Lake, OH

Estate Planning, Probate & Elder Law Attorneys

 

Estate Planning, Probate & Elder Law Avon Lake, Ohio

Avon Lake Estate Planning & Probate Attorneys

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The O'Brien Law Firm LLC

TEL (216) 472-1500 |  Cleveland, OH

TEL (440) 951-1525 |  Willoughby, OH

Michael J. O'Brien is a practicing attorney and a founding partner of Cleveland-based The O'Brien Law Firm LLC. Mr. O'Brien's firm emphasizes estate and trust planning and administration, probate, cor...(more)



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ESTATE PLANNING, PROBATE & ELDER LAW NEWS

» Premarital Agreements and Other Areas of Law

Premarital agreements are hard to draft because they can deal with various areas of law. Estate planning and family law are the two biggies, but many different areas of property law can be affected. For instance, I recently was working on a premarital agreement, and the other attorney suggested that, if my client made contribution to his own retirement plan during his marriage, he had to make an equal contribution to his wife's retirement plan. Luckily I realized that the contribution limits for my client's retirement plan (a 401k) and his wife's plan (IRA) were not the same, so we were able to change the language in time. This is one of the reasons why I like working with a non-estate planner on a prenup, and if possible working collaboratively -- we can review the agreement from many different perspectives to make sure it "works."

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The year is 2016. The President signs the Child Reduction Act. Families with more than one child under the age of 18, must pay a multiple child tax. Families unable to afford the tax, must send their extra children to the CHILD CONSERVATION CAMPS. The Pearce family has two teenage children - and can only [...]