Seven pitfalls to avoid during a divorce.

Signpost with Divorce, Custody, Split, Marital Home signs pointing right; Lawyers, Assets, and Settlement signs pointing left.

Strauss Troy’s Family Law Department has handled many divorce and dissolution cases, and over the years we have gained knowledge that can make a client’s divorce experience less difficult. Read on for a few pointers that we have put together for our clients who are going through a divorce.

Increase your IRA contributions in 2019

Strauss Troy Attorney Claudia Allen

While Congress has not acted on any of the myriad proposals to increase opportunities for retirement savings, the Internal Revenue Service has announced that it will allow a bit more to be deposited into existing plans in 2019.

Next year, contribution limits for salary deferrals in into 401(k), 403(b) and 457(b) plans will increase from $18,500 to $19,000. Catch-up contributions (allowing participants age 50 or over to contribute an additional amount to 401(k) and 403(b) plans and Governmental 457(b) plans) remain limited to $6,000.

Financial Advisers Back In Court and Customers Get Caught In The Middle

Late last year, Morgan Stanley and UBS withdrew from the Protocol for Broker Recruiting, followed closely by Citigroup in January. Morgan Stanley and UBS together account for almost half of the approximate 50,000 registered securities representatives (stock brokers) employed by the four major wire houses (Morgan Stanley, UBS, Merrill Lynch, and Wells Fargo).

Liz Reeder Presents Estate Planning Seminar to Northern Ky. Bar Association

Strauss Troy Attorney Liz Reeder

Strauss Troy attorney Liz Reeder was recently invited to present a seminar to the Estate Planning and Probate Section of the Northern Kentucky Bar Association.  Liz presented on the 2017 Tax Act and its effect on estate plans as well as provided an update on estate planning trends from the most recent Heckerling Institute on …Read More

Strauss Troy Shareholder Bill Williamson Invited to Speak at Estate Planning Seminars

Bill Williamson was been invited to speak at two seminars for private companies in October. The seminars focused on basic estate planning matters for professionals and employees of the host companies. Bill’s practice focuses on the areas of real estate law, corporate law and entity formation, estate planning, probate and general business law. Bill’s business …Read More

Estate Planning: The Millennial Legal Oversight

Strauss Troy attorney Jeff Levine

By Jeffrey A. Levine Millennials are generally defined as those aged 18 to 34. Estate planning is rarely a priority for people in this age group, especially those who don’t have children or own a sports car collection. Even those who have started families or own significant assets tend to avoid the notion of a …Read More

The Art And Science Of Protecting Your Prenup

30 Crazy Prenup Clauses

You can lose your prenup’s intended protections if you don’t follow the terms – including how you manage your finances.

Strauss Troy Adds Two Attorneys Houston & Kinder To Tax | Estate Planning Practice Group

Strauss Troy Attorney Jan Houston

Strauss Troy, one of Greater Cincinnati and Northern Kentucky’s leading law firms, announced that Jan Houston and Kenneth Kinder II have joined the firm. “We continue to add new talent and expertise in key areas,” said Strauss Troy President Marshall Dosker. “The experience that Jan and Ken bring to the firm will further strengthen our ability to address all of our client’s legal needs in the areas of tax planning, compliance, probate and estate planning. We’re pleased to welcome them to Strauss Troy.”