Testamentary Trusts Oftentimes, our clients will want the fiduciary powers of a guardian to continue beyond the 18th birthday of a child. The most economical way to continue the financial supervision of guardianship is through the use of a “testamentary trust.”
Baxter, Borowicz, and Brunckhorst Co., LPA is a small firm that offers exceptional service and outstanding legal representation to small to medium-sized businesses in Ohio. Our experienced and efficient business lawyers help our clients with entity selection, business formation, contract drafting, and review and related business law concerns.
Business Disputes
If you own a family business, it is extremely important to plan ahead. What is going to happen to your business when you retire or when you pass away? At the law firm of Baxter, Borowicz, and Brunckhorst Co., LPA, in Columbus, Ohio, our attorneys have extensive experience in both estate planning and business law, giving us a unique understanding when helping families plan for the succession of their family business.
Business Transactions
Business Transactions & Succession Planning – Single member LLCs to corporations, including all aspects of business life cycle, stock purchases, transfers, redemptions, asset purchases or sales and dissolutions
Intellectual Property
Negotiate and draft various restrictive provisions relating to intellectual property protection, non-solicitations of employees or customers, and non-competition provisions
Having an attorney before closing can save you money Our experienced attorneys use their 30-plus years of experience in real estate law to negotiate the fees and charges on your HUD-1 closing statement and your purchase agreement. With in-depth knowledge of the real estate title industry, we are very familiar with all the documents required in commercial and residential real estate transactions. We help our clients with real estate transfers in their estate plans. We help businesses sell and acquire real estate. Our extensive experience in complementing practice areas allows us to be proactive in whatever real estate matter you present to us.
Real Estate Transactions
At the law firm of Baxter, Borowicz, and Brunckhorst Co., LPA, in Columbus, Ohio, we assist individuals, families and businesses in all types of real estate transactions. Whether your business is purchasing commercial property or your family is purchasing its first home, it is important that you have experienced legal counsel at your side.
Erik spent his first few years as an attorney resolving complicated and contentious probate matters, including estates, trusts, and guardianships. Additionally, Erik took appointments as a guardian of numerous older adults. As a guardian, he personally guided older adults through the challenges of aging, and fostered relationships based on mutual respect and dignity. These practical experiences provided Erik with the knowledge to help guide new clients to the best possible results using specifically tailored estate, trust, and Medicaid planning tools.
Minimizing taxes is a large part of estate planning. Any time a piece of property, a bank account, or a closely held business is transferred to another person, it is potentially a taxable event. At the law firm of Baxter, Borowicz, and Brunckhorst Co., LPA, in Columbus, Ohio, we help our clients structure their assets in different ways to minimize tax consequences.
Wills
A will directs the distribution of your property following your death. An updated will is an indispensable part of any estate plan because it reduces time and fees, and it allows you to nominate a guardian to be in charge of your minor children.
Trusts
Other Ways to Protect Assets An FLLC is not the only way to protect assets. There are simpler mechanisms that may be utilized depending on your needs. A spousal transfer of assets or an irrevocable trust may also be used to protect your wealth. Please contact us to arrange a consultation with one of our experienced lawyers to learn more about your options.
Power of Attorney
Financial Power of Attorney and Health Care Power of Attorney A power of attorney appoints and authorizes another person to act on your behalf if you are unable to do so. A financial power of attorney usually covers financial, business, personal and real estate matters. A healthcare power of attorney covers medical decisions.
Contact Us to arrange a consultation with one of our experienced tax planning lawyers. From our office in Columbus, we strive to find practical solutions for businesses throughout Ohio.