Why Avoid Probate?

Why Avoid Probate?

Almost everyone we meet with for estate planning comes to us wanting to avoid Probate. Some of those people have been through the process with the estate of a loved one. Their experience in the Probate process gave them the background to understand t… Read More
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Don't Lose Control of You…

Don't Lose Control of Your LLC

Often, business owners will come to me with questions or concerns about their Limited Liability Company (LLC). When I ask for a copy of their Operating Agreement, I’m often met with a blank stare or an embarrassed “We don’t have one of… Read More
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Forming an Ohio LLC

Forming an Ohio LLC

A Limited Liability Company (LLC) is a powerful and effective entity choice for forming a business. The LLC entity provides all of the liability protection business owners need – the same protection achieved with a corporation, but it is easier and… Read More
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Business Succession Plann…

Business Succession Planning

If you own a business, you know how important it is to make plans for the future. Whether you’re a sole proprietor or have other co-owners who work with you, the need to plan includes the eventual transition of your business when you are ready… Read More
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Buy-Sell Agreements

Buy-Sell Agreements

A comprehensive Buy-Sell Agreement is one of the most important legal documents a business can have. Although a good Operating Agreement is a very important document for an LLC because it sets out in a binding written agreement important rights and o… Read More
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Estate Planning for Young…

Estate Planning for Young Families

If you have minor children, you need to make sure that your estate plan addresses their specific needs. One of these is making sure that if something happens to you, their inheritance won’t get caught up in a Guardianship of the Estate. What is a &… Read More
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Why Create a Trust for Yo…

Why Create a Trust for Your Minor Children?

You have a minor child or children, and you want to make an estate plan. Why is it important to create a trust for them? Go through this quick exercise to answer this question based on your own circumstances. Write the total gross value of your asset… Read More
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Why Use an Irrevocable Tr…

Why Use an Irrevocable Trust?

When we are speaking with our clients about how to protect their financial legacy, we will often recommend that property be gifted into an Irrevocable Trust. Invariably, the client will ask whether they can just gift property to the children instead.… Read More
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Paying for Long Term Care

Paying for Long Term Care

As we get older, each of us must begin to contemplate the possibility of needing long term care (LTC) at home, in assisted living, in a nursing home, or some other setting. The options for how to pay for that care are often confusing and can involve… Read More
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Medicaid Qualification

Medicaid Qualification

As we discussed in our article “Paying for Long Term Care,” there are multiple options for how to pay for the cost of Long Term Care (LTC). One of those options involves qualifying for Medicaid benefits, which is based on an individual’s as… Read More
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