Ohio Legacy Trusts:
Who? Why? When? Where?
On September 24, 2014, Michael Barnes, of the Johnson Trust Company, discussed the game changing legislation of the Ohio Legacy Trust Act of 2013. By passing this law, Ohio became the 14th state, in the US, to allow domestic asset protection trusts and the benefits it will have for the clients of local attorneys, accountants and financial advisers. Michael provided valuable information on who should consider implementing an Ohio Legacy Trust, why these trusts are useful, when they should be used and how they are implemented and administered.
Gift and estate planning techniques for closely held businesses
On September 18, 2015, Marcia Inger Navrátil, from the University of Texas at Austin, made a presentation to the PPP Greater Dayton Council on deepening the understanding of charitable gifting options with closely held business interests. It will addreed issues of valuation, tax benefits, when such gifts are most advantageous in the life cycle of the business, transfer and charity ownership issues, specific considerations for different types of businesses, and how community foundations can play a role in the transfer process.
The Power Point is available on the ‘Events’ page of this website.