Over time, business owners spend a lot of blood, sweat, and tears crafting a good business plan, finding an appropriate corporate structure, and seeking the best possible financing options for their businesses. However, the one part of their businesses which is often overlooked is succession planning. Nobody is going to be able to run a business forever, so all small business owners should have a plan in place for what will happen to their company upon their death, disability, incompetence, bankruptcy, or retirement.
Author: heschlawadmin
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Bill-Hesch-WCPO | Hesch Law
Bill Hesch will be interveiwed by Jenell Walton on the WCPO Channel 9 News show “The List”!
Bill Hesch will be interviewed by Jenell Walton on the WCPO Channel 9 News magazine show “The List”! The show airs weekdays at 7. Bill will talk about the 3 best ways to spend your Tax Refunds and it is scheduled to air one evening next week. “The List” brings viewers the hottest topics of the day in one-of-a-kind list form and features stories from right here in the Tri-State, mixed with national and global trends.
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Medicaid Planning
Many people wonder how to protect their assets lawfully, while still remaining eligible for benefits like long-term care. The whole notion of transferring assets, in anticipation of a nursing home or assisted living facility, is so that the cost of long-term care (sometimes running upwards of $80,000 annually) can be covered by Medicaid.
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Senior Citizen Issues
Bill Hesch is a Cincinnati and Northern Kentucky elder law attorney who focuses on the complicated legal, tax, and financial planning issues confronting senior citizens. Elder Law, or special needs law, is unique in that it is defined by the needs of the client rather than a particular field of law or other legal distinction.
An elder law attorney will normally address issues including:
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Tax Planning Importance
According to Forbes.com, due to the new tax laws there is no way to predict what may happen in the future. We can only follow the trends.
Forbes.com contributor Steven Parrish writes, “These are my expectations for what may happen with tax planning as a result of the passage of the American Taxpayer Relief Act of 2012 (ATRA).
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Eastside Lawyers Group Program
Join us on Feb. 22, 2013 from 12-1:30 at Hyde Park Country Club where Bill Hesch and Amy Pennekamp will be speaking on “Estate Planning Strategies for Attorneys and Upcoming Changes” cost is $25 to attend and lunch will be served following the presentation!
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Tax Planning in 2013
Join us at the Small Business Seminar on Tax Planning in 2013 at the NKY Chamber of Commerce, 300 Buttermilk Pike, Ste 330, Ft. Mitchell, KY 41017 from 8:00am to 10:30am on 1/22/13. RSVP to Kyle Horseman at 859-426-3653.
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Emerging 30 Award
William E. Hesch Law Firm, LLC achieved the Emerging 30 award for the second year in a row because Amy Pennekamp and I provide personalized and exemplary legal services to our clients. The law firm specializes in estate planning, probate, business and tax law services and the purchase/ sale of business interests.
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Leading Lawyer Bill Hesch
We are pleased to announce that Bill Hesch has been recognized by Cincy Magazine as a leading lawyer in the Trust and Estate area for the 9th consecutive year!
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Chamber Memebership
My Chamber membership has been invaluable in helping me grow my law firm and CPA firm over the past 15 years. I have found that networking within Chamber committees and events, being a speaker for Chamber seminars and advertising in the Business Journal have allowed my business to thrive.
-Bill Hesch, Esq., CPA, PFS, William E. Hesch Law and CPAs