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Experienced Northeast Ohio LawyerThe office of David G. Umbaugh, Attorney at Law, located in Hudson, Ohio, serves clients in Northeast Ohio, including Cuyahoga, Portage, Medina, Summit, and Stark counties. The focus of our practice includes the following areas of law, as well as some General Practice. To discuss one of these areas further with us, please contact our firm today. Business Counsel - For our business law clients, Mr. Umbaugh acts as outside general counsel, providing business legal advice with regard to commercial transactions, contract negotiation and drafting, lease agreements, litigation, partnership agreements, and, especially, the purchase or sale of existing businesses. We also help systematically maintain the necessary corporate record book entries, to preserve the corporate liability shield. Exit Planning - Mr. Umbaugh particularly emphasizes exit planning: the art of guiding a business owner through the creation and implementation of a long term roadmap which allows the owner to eventually exit his business and maximize the net sale proceeds with a strategic sale to either inside employees, family members, or an outside third party buyer. Business succession planning incorporates careful tax planning, the building of business value by implementing legal tools that enhance the loyalty of key employees, and coordinating the skills of other professionals: the CPA, an expert business appraiser, and financial planner. He is an active member of Business Enterprise Institute, the leading national membership group that offers exit planning expertise. Estate Planning - We frequently help our clients plan for the protection of their property and the prosperity of their loved ones. We will work with you to design an estate plan that addresses your specific needs and goals. Mr. Umbaugh is an active member of Wealthcounsel, a national group of over 1000 attorneys that offer high quality estate planning services. Post Death Administration - Loss of a loved one is often complicated by the legal and financial steps that must be taken to administer an estate. "Post death administration" involves not only probate of the will or the settlement (closing) of a trust, but also, typically, an inventory of assets and liabilities, management of accounts, transfers of securities, liquidation or transfer of real estate, consolidation of assets, establishment of trusts, and preparation of state and federal tax returns to address income, estate, inheritance or generation-skipping tax reporting requirements. Planning for Children with Disabilities - For parents, caring for and providing for the needs of disabled children can be a daunting task. We are experienced in estate planning for the care of disabled children, so that they are taken care of once their parents are no longer able to do so. This area of law is fraught with technical pitfalls; the unintentional disqualification of a child for Medicaid or other benefits is far too common. Estate & Income Taxation Law - We assist clients with such issues as federal and state estate tax planning. We help clients to reduce or eliminate all estate and inheritance taxes, as well as income taxes, which can occur at death. This area of law is undergoing radical change, and requires an up-to-date focus. Family Law (Domestic Relations) - We will represent a client who is truly in need, (not merely making a lifestyle choice) in a divorce or custody matter. These matters require a clear-headed financial analysis to secure an equitable result, using only as much aggressive legal posturing as is necessary to ascertain the underlying facts, and communicate them clearly to court. We look to settle differences fairly, and proceed to court only when truly necessary. Our firm also assists in a number of other family law related matters, such as child support, spousal support (alimony), property division, asset distribution, custody, shared parenting agreements, visitation matters, and adoption. Contact a Northeast Ohio lawyer at our firm today. From his office in Hudson, Ohio, David G. Umbaugh, Attorney at Law provides representation to clients located throughout Cuyahoga, Portage, Medina, Stark, and Summit counties, including the communitiesof Cleveland, Parma, Ravenna, Medina, Canton, Akron, Stow, Cuyahoga Falls, Twinsburg, Northfield, Bath, Montrose, Fairlong, Solon, Beachwood, Brecksville, and Macedonia. David G. Umbaugh | |||
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Copyright © 2008 by David G. Umbaugh Attorney at Law. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. |