The loss of a loved one can be devastating for families in Ohio and elsewhere. Like many in this situation, your grief may be further complicated by concerns over settling your loved one’s affairs. Depending on the assets your loved one left behind, however, his or...
If you have taken the step of setting up an estate plan in Ohio, you are already steps ahead of many people who are unprepared for illness or death. An estate plan is not just for an older person, but is important for those who have excessive assets, those who have...
The movies will have you believe that you can contest a will simply because you dislike the terms, but that is not the case. To contest a will, you must have a valid reason or reasons for doing so. The Balance explores a few of the more common grounds for contesting a...
An LLC, or limited liability company, protects your personal assets from legal judgments and collection actions against your business. This type of legal business structure may also provide tax advantages. Ask yourself these questions to determine whether your small...
Running a municipality in Ohio is a tough undertaking. You must do what is best for your city and your citizens. Whether you are working as the mayor or part of a city council, the responsibility is huge. It is important that you have the ability to make hard...
It is only natural to feel honored and want to help if a loved one asks you to serve as executor of his or her estate. However, this can be a time-consuming role and taking it on comes with great responsibility. Therefore, it is important to understand the obligations...
As Ohio residents make plans for their estates after they die, many take advantage of the benefits of a living trust. Investopedia defines a living trust as a fiduciary relationship where a trustee is chosen during the person’s lifetime and is given the task of...
As Ohio residents plan and discuss how to distribute their assets after they die, there are hundreds of choices to make. Some estates are fairly simple while others are complex and challenging. One thing that many estate planners can benefit from are living trusts. If...
Estate planning involves many vital areas, but business succession may get neglected. If a business owner would like to keep the firm securely in the hands of his children, he or she needs a detailed plan. Experts suggest it takes about 10 years before retirement to...
According to The School Superintendents Association, school district consolidation is a pervasive occurrence across Ohio and throughout the United States. According to the article, there were 117,108 school districts nationwide that provided elementary and secondary...
