Congress has just passed, and the President has signed the Tax Cuts and Jobs Act. Although continued study of the bill will undoubtedly reveal additional opportunities we can share with you and your family, we wanted to provide information as to how the law may affect your estate plan.

New Opportunities for Planning and Discounted Gifting
Congress more than doubled the estate, gift, and Generation-Skipping Transfer (GST) tax exemptions to $11.2 million per person ($22.4 million for a married couple) for 2018. This change opens a significant, perhaps once-in-a-lifetime opportunity for you to protect more assets than ever. 

These increased exemptions expire on December 31, 2025. You may be tempted to wait, given that seven years may feel like forever. But remember this tax legislation is likely to be heavily modified if the political pendulum swings in the other direction. (The clock is already ticking steadily towards the 2018 midterms and 2020 Presidential election.) Of course, we have tools that can build flexibility into your plan, including trust protectors, decanting powers, and other strategies to deal with future changes. But those future strategies only work to preserve options if we implement plans while the exemptions are available.

Call us to schedule a review so we can answer your questions about  tax reform and work with you to take full advantage  of the opportunities. 

Click here to read the full text of the reform bill.
We are pleased to announce the  Ohio Developmental Disabilities Council  has asked us to author two new publications for the state of Ohio.

The books, Guardianship in Ohio 
and Estate Planning for Families with Special Needs were written by Bill Root and Logan Philipps and are both in the final stages of publication. 

Stay tuned for more information regarding these valuable books and when they will be made available to the public.

January 8: 
Delaware County Transition Fair  at Delaware Hayes H.S. 6:00 - 8:00 p.m.
January 10:
Lunch and Learn at Hilliard Senior Center  11:00 a.m. - 1:00 p.m.
January 20:
Westerville Parks and Recreation Transition Fair  at the Westerville Community Center 11:00 a.m. - 2:00 p.m.
January 23:
Special Needs Planning at Olentangy Academy  6:30 - 8:00 p.m. 
(Open to Olentangy School District Residents only)
January 25:
Lunch and Learn at Blendon Township Senior Center  11:30 a.m. - 1:00 p.m.

Click here for a complete list of programs.

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