Beyond estate planning to “get your affairs in order,” there are practical matters you should consider attending to, such as how the disposition of your body will be handled. Many people leave these matters to their family members to handle. Under Ohio law there is a...
Month: January 2018
Business Law Cincinnati: Tax Planning Strategies Under The New Tax Cuts And Job Act
The new tax law fundamentally shifted the taxation of businesses by making three significant changes: Decreasing the corporate income tax rate, Creating a new deduction for certain qualified business income (QBI) from pass-through business, like LLCs, partnerships,...
Business Law Cincinnati: Tax Planning Strategies Under The New Tax Cuts And Job Act
The new tax law fundamentally shifted the taxation of businesses by making three significant changes: Decreasing the corporate income tax rate, Creating a new deduction for certain qualified business income (QBI) from pass-through business, like LLCs, partnerships,...
ESTATE PLANNING CINCINNATI: WHY A TRUST IS EASIER TO SETTLE THAN GOING THROUGH PROBATE
When you die, the executor of your will or the trustee of your trust has the duty to pay any outstanding debts of your estate. The procedure of paying debts of the estate differs based on whether a trust or will was used. The main benefit of a living trust is probate...