Living trusts are designed to help you determine how and when your business ownership interests will be divided in the event of your death, much like wills do for your personal assets. The trust may also determine a line of succession for your business and dictate...
Month: October 2016
Technological changes brings in new real estate investors
Thanks to technology and changes in regulations, people may have new opportunities to invest in commercial real estate in Ohio and around the country. In the past, commercial real estate investing usually required people to use their personal network. However, the...
Estate planning tips for investors
Ohio investors might want to think about estate planning as a lifetime plan for wealth management and for educating their children and grandchildren about finances. Thinking about estate planning across a lifetime rather than simply at the end of one's life allows for...
Living trusts allow for simpler transfer of assets
Probate is the legal process by which an Ohio court supervises the distribution of the estate of a deceased person. Typically, the court will appoint the executor named in the will to gather information about assets and liabilities, pay outstanding debts from the...
Tips for creating an educational trust
Some Ohio seniors may want to set up an educational trust to provide for their grandchildren. A trust does have some advantages over a 529 savings plan. For example, a 529 savings plan can affect a person's financial aid eligibility, and it limits the contribution of...