Is now the time to tell your child about the split?

Getting a divorce is a tricky time in your life. Even for adults, it is a time of confusion and stress. Unfortunately, as parents, you also have to worry about keeping your child in the loop. You may thus wonder, is there any good time to tell your child about the...

Saving for your children’s college education after a divorce

Getting divorced can mean substantial changes to your financial situation and the strategies you use to save for the future. Among the savings that you may need to modify are funds for your children's college education. Your new, singular income will need to stretch...

Stay safe on your motorcycle this spring

The Ohio Traffic Safety Bulletin reported more than 3,300 motorcycle accidents in 2018. About 77% of these incidents caused death or serious injury, usually impacting the motorcycle operator.  Those who bike in Ohio should refresh their safety knowledge before taking...

Age requirements and employment law

Whether you are a young worker or you have concerns about your child's employment, make sure you carefully go over various employment law issues that apply to workers under the age of 18. Unfortunately, some young workers' rights are not respected, placing them in...

Why should you have an employment contract?

You rely on your employees to provide your business with the skills necessary to remain competitive and successful. However, recruiting and retaining employees can bring significant risks especially if you do not establish clear expectations. An employment contract...

Will you owe estate taxes?

You work very hard throughout your adult life with the express goal of accumulating assets to one day pass on to your spouse, children and other important people in your life. This makes the thought of potentially losing any portion of those assets to estate taxes...

How do you talk to your family about your estate plan?

Talking about your estate plan could end up one of the most straining and difficult conversations you have. But it is also one of the most important conversations. After all, this is your only chance to explain the reasoning behind your decisions.  How do you broach...

How can I make sure my trust is properly funded?

Trusts are a great tool to have in your estate planning arsenal. They give you greater control over how your assets are distributed, lower tax burdens, and even help you avoid probate. However, creating a trust is not enough to ensure your assets are protected....

Dealing with a 401(k) during property division

Those preparing for divorce proceedings in Ohio likely understand the need to equitably divide up their marital assets. Thus, most might have few problems with that prospect. Yet one asset that many may not anticipate being subject to property division is a 401(k)....

Understanding intestate succession

Most people in Ohio understand the need to delineate the dispersal of their estates. Yet even with this understanding, few have actually engaged in the process. Indeed, according to information shared by Forbes Magazine, almost half of all American adults over the age...