William E. Hesch CPAs

11/11/2024

05/16/2022

Business owners, learn valuable planning tips on today's NKY Spotlight Podcast. William Hesch, owner of William E. Hesch Law Firm/ William E. Hesch CPAs talks about mistakes business owners make in tax, succession and estate planning. Hesch is also hosting a seminar on the same topic at the NKY Chamber on May 25. Watch the podcast at noon on the NKY Chamber page to learn more!

Watch the video in the link below! Please contact the Chamber directly on its website to make a reservation to attend the seminar from 8:00 a.m. to 11:30 a.m. on Wednesday May 25th.

https://m.facebook.com/nkychamberofcommerce/videos/5108296562564545?refid=12&paipv=1

06/12/2020

Attn: Baby Boomers - Check Out this Patent Pending Retirement Trust for Your Children

Contact Bill Hesch at 513-509-7829 today to discuss.

The Patent Pending Retirement Trust is an innovative trust idea that William E. Hesch, Esq., CPA, PFS created when working on an estate plan for his millennial children. Bill was worried about his children planning for their retirement, and was trying to think of creative ways in which he could ensure that the two of them would have a sufficient amount of money to live off of when they reached retirement age. Using his expertise in estate planning law, wills and trust law, asset protection planning and tax planning from his years of experience as an attorney, CPA, and financial planner (PFS) Bill created a Retirement Trust for his children. In its simplest form the Retirement Trust is a trust meant to be a retirement plan for the Grantor’s children who do not expect Social Security to be, much of any help to them in thirty (30) years.

After using the trust for his estate plan, he began sharing the idea with clients over the past three years, to gauge whether or not there was a need in the estate planning market for such an instrument. Many clients loved the concept and have in fact requested a Retirement Trust for their own estate plan. Due to the positive reaction from his clients, Bill filed for a patent in August, 2018 and the Retirement Trust became “patent pending” in August, 2019.

To read the full article, please click on this link or contact Bill to discuss today at 513-509-7829.

https://www.heschlaw.com/patent-pending-retirement-trust-for-baby-boomers-children/

05/26/2020

FAMILY VACATION PLANNING?? ADD AN ESTATE PLAN TO YOUR TO-DO LIST

If you are going on a family vacation this summer, you probably have a to-do list that needs to be completed before you leave. Your list might include: packing your bags, confirming hotel rooms, and paying a friend to watch your house and water your plants. However, there is one task that is arguably more important than all the others, and it is typically the most overlooked. That task is to review and update your estate plan with your CPA, estate planning attorney, and financial advisor.

To read our full article, please click on the link below:
https://www.heschlaw.com/family-vacation-planning-add-an-estate-plan-to-your-to-do-list/

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05/14/2020

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05/13/2020

Are your Estate Documents and important paperwork organized so that your family can take care of your affairs if you become disabled or die?

You don’t want your loved ones to have to go on a treasure hunt looking for your important paperwork.

Please watch Amy’s video for her recommendations.

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05/12/2020

Society of Financial Service Professionals Cincinnati Chapter presents

Planning with Business Owners, Their Families & Their Estates, A Case Study

This is your last chance to register for the upcoming virtual meeting on May 20, 2020. We will host a live panel of local speakers, Bill Russo, Esq. of Katz Teller, Jeffrey Rich, ChFC, CLU of Rich & Company and Bill Hesch, Attorney, CPA, PFS, of William E Hesch Law Firm, LLC. This panel will present Planning with Business Owners, Their Families and Their Estates, A Case Study.

This panel will discuss key business planning concerns, business succession, the importance of business valuations, estate planning, and taxes. Do not miss this 90-minute presentation by a panel of local experts, giving you a chance to ask questions and see how each professional discipline contributes to a team approach.

We encourage all attorneys, CPAs, estate planners, financial planners, insurance professionals, investment advisors, retirement planners/counselors to attend and bring a colleague! All first time attendees may attend free of charge.

To register click on the link below:

TBA

05/08/2020

The Best Tax Advice in 19 Minutes for Business Owners!

Do you know your tax bracket? As a business owner, knowing this is a must! Once you know your bracket, then you can do some tax planning.

Please watch Bill’s video for great advice on knowing your bracket; single vs married; prepaying expenses; choice of entity; why to pay yourself a salary (social security benefit); employer provided benefits; your retirement plan; HSA savings accounts; bonus depreciation; meals and entertainment; business vehicle expenses; not to fear an IRS audit and giving your kids jobs in the business.

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