Tax Planning

Experienced Estate Planning Attorney in Columbus, OH

We can help you manage and resolve complex tax issues for your estate planning needs. As skilled tax planning lawyers, we can give you the necessary information to help you deal successfully with tax-related issues. We know how the system works and we are here for you.

Tax laws are difficult to understand, but our experienced attorneys at The Law Offices of Saia & Piatt, Inc. have more than 100 years of combined legal experience and have extensive knowledge of a broad spectrum of practice areas including estate planning law, family law, and elder law. We have been trusted to help individuals, families, and businesses in Ohio with their legal matters since 1996. When you need sound legal advice from a lawyer, trust someone who has been serving your community faithfully and ethically.

Our Knowledge Can Strengthen Your Tax Plans for the Future

With our extensive legal experience and in-depth knowledge of Ohio's tax laws, we help you understand certain laws that can greatly impact your tax planning agenda. Depending on your individual needs, objectives, and circumstances, we can determine which course of action can yield the best possible results for your situation. Having a legal team of experienced tax lawyers by your side can make all the difference when you are planning for the future.

We can offer our assistance with a wide range of issues, including:

  • Estate taxes
  • Federal taxes
  • Inheritance taxes
  • Property taxes
  • State taxes
  • Trust fund taxes

Ohio Estate Tax & Federal Tax Help

The Ohio Estate Tax was enacted in 1968 to replace Ohio's state inheritance tax. Under current Ohio tax laws, residents, as well as non-residents, with a net taxable value of $338,333 or less are exempt from the paying the state's estate tax. A 6 percent tax rate applies to any net taxable value of up to $500,000. A 7 percent tax rate applies to any net taxable value over $500,000.

Estate tax is a tax on your right to transfer property upon your death. It consists of an accounting of everything you own or have certain interests in at the date of death. The fair market values of these items are not necessarily what you paid for them or what their values were when you acquired them. The total of all of these items is your "gross estate." The includable property may consist of cash and security, real estate, insurance, trusts, annuities, business interests, and other assets.

Once you have accounted for the gross estate, certain deductions may be allowed in arriving at the amount of your "taxable estate." These deductions may include mortgages and other debts, estate administration expenses, or property that can be passed to surviving spouses and qualified charities. To determine if your estate requires a tax filing, speak with our firm.

Seek Counsel from The Law Offices of Saia & Piatt, Inc.

We understand the importance of protecting your estate, maximizing costs, and maximizing tax savings. We can help you evaluate the short- and long-term projected value of your estate. Oftentimes, a few simple steps and advance planning can save you thousands of dollars in taxes. We will make sure to guide you through the process so that we can save you and your family as much money as possible.

Whether you need informed guidance for your business tax affairs, need a way to protect your assets from excessive taxation, or need help with your estate planning in regard to estate taxes, The Law Offices of Saia & Piatt, Inc. can be trusted to get the job done. We take the time to listen to your goals and objectives, personal or professional, and can provide you with effective legal advice to put you in the best possible position to accomplish your goals. Our personal approach to legal guidance has earned Attorney Richard Piatt an AV® Rating by Martindale-Hubbell's® Client Review Rating TM.

Learn more about how a Columbus tax planning lawyer from The Law Offices of Saia & Piatt, Inc. can be of assistance with your tax planning issues. We would be happy to help you through this challenging area of law.

Contact our firm to schedule your case evaluation and meet with a member of our knowledgeable legal team at your earliest convenience.