There are many reasons people may opt not to discuss their assets with individuals to whom they plan to gift them too when they die. However, Ohio parents who plan to leave an inheritance for their children may want to make sure that the beneficiaries are prepared to...
Month: January 2018
Accounting for bitcoin in an estate plan
Bitcoins are a virtual currency that some Ohio residents may have heard of. Those who own this currency control it through a virtual private key. If the owner doesn't disclose where this key is, the assets could effectively be lost forever. The same is true if there...
Why tax changes should prompt an estate plan review
Changes in tax law may present an opportune time for Ohio residents to meet with an adviser to review their estate plans. Even if people don't think that the tax law changes will mean anything to their estate plan, it is still worth going over it anyway. In some...
Choosing a business structure that limits personal liability
If you are looking to create your own small business, it is important that you learn to recognize the various ways in which your customers, clients or what have you may be able to hold you liable. Virtually every type of small business has at least some degree of...
Avoiding common real estate investment mistakes
Real estate investments in Ohio and around the country have generally performed well in recent years, but the market can be unforgiving when individuals make hasty decisions and fail to perform adequate due diligence. Individuals who are considering a portfolio of...
Talent, networking and sales essential for new business success
Entrepreneurs in Ohio understand that they will need to work hard to transform their ideas into commercial successes. Long hours alone, however, will not suffice to help someone break out in a competitive environment. Entrepreneurs need to gather effective team...
How tax reform could impact commercial real estate investments
The passage of tax reform isn't expected to have a huge impact on the commercial side of the real estate sector. However, now that it's clear what tax guidelines will be in place going forward, Ohio investors will be able to formulate a game plan to deal with...