Blog

Among the priorities of millennials, estate planning may not be at the top of their “to-do lists.” Many are at the twilight of their educational pursuits. Others are at the dawn of their careers. Some start families. Others are looking to buy homes or travel the world.

KFC’s current and highly popular ad campaign has shown a succession of celebrities portraying the legendary Colonel Sanders. The commercials are credited for turning around the fast food chain’s fortunes.

2014 just might be a good year to start your new business in Ohio. The Dayton Business Journal in a March 2014 article reviews evidence that the state's business climate is on the mend after the recent recession.

Small business owners are human beings. As such, many would eventually like to retire or spend time with their families. In addition, even those that do not could eventually fall sick or die.

Last week we started discussing some ways that a business can keep their dispute out of the courtroom. Beyond communication and having a general appreciation for the other side’s perspective, there are some very specific safeguards a business can set up in order to protect itself.

Whether we think about disputes in our personal life or in our business life, one thing is for sure: we try to avoid them or resolve them as quickly as possible. Another thing is pretty clear as well: they are inevitable.

Most business owners do not want to consider retirement, but the harsh reality is that at some point there will be a time when you will be unable to or not want to run your company.

Starting a business with family can have many fulfilling aspects. However, it also has its share of difficulties. In addition to the typical challenges with starting a business, starting a business with family can have its own set of issues connected to it.

Many people put off estate planning for years. There always seems to be a good reason to put it off. At first some people think they are too young to have an estate plan or that they do not have enough assets. In later years, time is limited with new jobs, young children and household duties.

The goal of a comprehensive estate plan should be to properly allocate your assets in such a manner as to allow distribution to your heirs according to your wishes. One component is wealth preservation.