Triplett & Carothers

Welcome Attorney Jordan Olinger

We are pleased to announce the addition of Jordan Olinger to our firm, effective October 2025. Jordan brings extensive experience in trust administration and estate planning to his role at Triplett & Carothers. Prior to joining the firm, Jordan worked as an associate attorney at a Cincinnati law firm, where he focused on trust and… read more

Sunrise, Sunset and the OBBBA

Taxpayers who worried about the expiration of several tax cuts from the Tax Cuts and Jobs Act of 2017 can now breathe easier. The One Big Beautiful Bill Act made most of those provisions permanent, which provides more stability for long-term tax planning. While this is welcome news, the law also introduced new provisions, eliminated… read more

How To Retire Gradually From Your Business

Retiring from a business you founded isn’t like leaving a job. It’s a personal, financial and emotional process that takes time and coordination. Whether you want to sell, pass the business to family or simply step back, the best outcomes follow thoughtful preparation. Start with a clear plan Begin by asking key questions: When do… read more

Don’t Stop Till You Fund Enough: Michael Jackson’s Empty Trust

After Michael Jackson’s death in 2009, his roughly $500 million estate became the subject of years of legal wrangling. While Jackson had created a revocable living trust, designed to convert after his death to benefit his children (at ages 21, 35 and 40) and his mother, he failed to transfer most of his assets into… read more

Tony Bennett’s Heart Is in San Francisco; the Rest Is in Court

Tony Bennett died in July 2023 at age 96 after a long career and a yearslong public battle with Alzheimer’s disease. His estate plan named his eldest son, D’Andrea “Danny” Bennett, as trustee. Danny was also his longtime manager and had held power of attorney. Less than a year after Bennett’s death, two of his… read more

A New $6,000 Tax Break for Seniors

The One Big Beautiful Bill Act, signed in July, creates a special deduction for Americans age 65 and older. It provides a deduction worth up to $6,000 a year in tax years 2025 through 2028. To claim it, you must: Turn 65 or older by the end of the tax year. File a return that… read more

Solo Aging for Older Adults

Aging solo is not as unusual as it may seem. Consider that an estimated 27% of Americans over the age of 60 do not have a spouse, a child or another family member nearby to see them through their retirement years. Going it alone later in life does present certain challenges that need to be… read more

Welcome Attorney Madison Hook

We are pleased to welcome attorney Madison Hook as an associate attorney at Triplett & Carothers. Primarily focused on estate planning at Triplett & Carothers, she has practiced in the areas of business transactions, residential and commercial real estate transactions,  and probate law. Madison received a Bachelor of Arts degree — with honors — from… read more

What To Look for in a Residential Care Facility

Residential care is out-of-home care for people who are no longer able to live alone or care for themselves. The most important step in starting the search for yourself or for another in the process and to consider both the advantages and disadvantages of living in such a facility. Here are some of the most important pros… read more

R-E-S-P-E-C-T: Learning From Aretha Franklin’s Estate Battle

When Aretha Franklin died in 2018 after a six-decade career, she left behind a legacy of more than 75 million record sales, 17 top 10 hits and 112 charted Billboard singles. She also left a home, valuable personal property and ongoing royalties and licensing income. But she had no formal estate plan. Instead, two separate… read more