When planning your estate or handling the affairs of a loved one who has passed away, understanding tax implications is crucial. While Ohio eliminated its estate tax in 2013, there are still important considerations for Ohio residents regarding both estate and inheritance taxes. Let’s explore the key differences and what they mean for you. Understanding...
Understanding the Estate Tax Challenge Estate taxes can significantly impact the wealth you’ve worked hard to build over your lifetime. In 2025, federal estate tax is levied on individuals having assets with a fair market value of $13.99 million or greater at their death. With rates ranging from 18% to 40%, this “death tax” can...
If you’ve recently received your property tax bill and experienced sticker shock, you’re not alone. With property values continuing to rise across Ohio, many homeowners are finding themselves facing significantly higher tax bills. However, there’s good news: you have the right to challenge your property’s assessed value, and potentially reduce your tax burden. Understanding the...
Property owners across Ohio are facing substantial increases in their property tax bills, with some counties seeing residential property value increases of more than 30%. As your trusted legal advisors in real estate tax matters, we want to ensure you understand your options and important deadlines for challenging these valuations. Understanding the 2024 Property Tax...
