Business succession planning is an important step for any business owner who wants to ensure the longevity and continued success of their company beyond their involvement. Whether you are planning to retire, pass the business to a family member, or sell the business to a third party, you should have a business success plan. An… Read more »
As an experienced Ohio business succession lawyer, I know there is no substitute for advance planning in preparing for the future of your business. Business succession planning ensures the continued success and stability of your enterprise when you are no longer at the helm. Ohio statutes provide a framework for this process, and navigating these… Read more »
As an Ohio high-net-worth estate lawyer, I understand the complexities that come with managing substantial assets. Effective estate planning is essential to ensure that your wealth is preserved, enhanced, and ultimately passed on according to your wishes with minimal legal hurdles and tax implications. Here are several advanced estate planning strategies tailored for individuals with… Read more »
As an Ohio estate planning attorney, I understand the importance of careful inheritance planning to ensure your legacy lives on as you intend. Many of you have spent years building assets and creating wealth that you wish to pass down to your loved ones or charitable organizations. Here, I will discuss how to structure your… Read more »
Navigating the complexities of elder law can be daunting, but with the experience of a skilled attorney who specializes in this area, you can find peace of mind. For those residing in Ohio, consulting with an elder law attorney is not just crucial, it’s a step towards reassurance. It’s about addressing issues related to estate… Read more »
Starting a business in Ohio entails a multitude of legal considerations, from selecting the appropriate business structure to adhering to state regulations. While it might seem feasible to handle these matters independently, the experience of an Ohio business formation lawyer can offer invaluable guidance and protection throughout the process. One principal reason for retaining a… Read more »
Estate planning is a vital aspect of financial management that often gets overlooked, particularly by beginners. However, in Ohio, having a well-thought-out estate plan is essential for protecting your assets and ensuring your wishes are carried out after your passing. In this brief guide, we’ll provide beginners with a step-by-step overview of estate planning in… Read more »
Estate planning is a crucial process that allows individuals to manage their assets during their lifetime and ensure that their wishes are carried out upon their passing. In Ohio, as in many other states, estate planning involves the creation of legal documents that outline how a person’s property and assets will be distributed, who will… Read more »
Estate planning can be a complicated legal process, especially for blended families in Ohio. The complexities of family dynamics, financial considerations, and legal implications necessitate careful consideration and planning to ensure that the individual’s wishes are met while protecting all family members’ interests. In Ohio, where state laws and regulations govern estate planning matters, seeking… Read more »
Take the following example: Parent has $100,000 in an IRA, has two children, and two grandchildren. The parent wants to leave each child 35% of the IRA, and each grandchild 15% of the IRA. However, the company holding the IRA informs Parent that the company’s beneficiary policy requires that all beneficiaries receive an equal… Read more »