513-241-6650 | Downtown Cincinnati, Butler & Clermont Counties and Northern Kentucky

A Letter to our Clients from Mark Godbey

Dear Clients, I hope this letter finds you and your family all safe and healthy. Like you, the attorneys and staff at Godbey Law have also spent the last several weeks adjusting to a world with COVID-19. This means understanding how it affects our staff and our clients, then making the necessary adjustments to daily [...]

The Top 6 Things You Should Know About The SECURE Act

Quick Summary The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across the country. As part of a larger government spending package, which was signed into law on December 20, 2019, Congress included provisions from the Setting Every Community [...]

By | January 8th, 2020|Estate Planning, Small Business, Taxes|0 Comments

10 Ways to Maximize Your End-of-Year Giving

Before you click that link or mail that check this season, consider these 10 ways to potentially maximize your charitable giving. Discuss your philanthropic values and goals with your family (or even friends) as a way to build a legacy. 50/30/20 Rule: 50% to support causes you're most passionate about, 30% to support causes you [...]

Letter to Our Clients – Celebrating 25 Years

To All Clients of Godbey Law, [WATCH VIDEO] Twenty-five years ago today, I came home early to tell my wife (who was pregnant with our first child) that I had quit my job in order to open my own law firm. I have no regrets. Today we celebrate 25 years of legal leadership at Godbey [...]

New Tax Bill Creates Opportunities for Business Owners: Succession Plans

Protecting value for future generations or philanthropy The 2017 nearly doubled the federal estate and gift tax exclusion amounts. $11.18 million per person; $22.36 million per married couple. The purpose of the exclusion is to allow wealth transfer to heirs without taxation. These new amounts along with significant valuation discounts on shares of privately held [...]

What Really Happens During a Government Shutdown?

The looming shutdown of the federal government would affect the everyday lives of people across the country, regardless of whether they're government workers. Hundreds of thousands of federal workers would be off the job, military death benefits would be suspended and the Smithsonian museums would close. What you CAN do during a Government Shutdown Get [...]

Tips to develop your small business or organization into a legal entity

Opening a small business or organization?  Utilize these tips to further develop your business into a legal entity.   1.  Register with the Ohio Secretary of State Get started by registering your business with the Ohio Secretary of State. Registration information and forms are available by calling (877) 767-3453 or visiting www.OhioSecretaryofState.gov. 2.  Obtain an [...]

By | February 29th, 2016|Small Business|0 Comments

What can I do if the majority shareholders treat me unfairly in my small corporation?

In a small corporation, the majority rules, and a minority shareholder may find the majority's reign unbearable. In fact, the majority may take steps to ensure the minority shareholder never receives a penny from his or her investment. Fortunately, Ohio law does provide protection from the majority. "Generally, majority shareholders have a fiduciary duty to [...]

By | February 25th, 2016|Small Business|0 Comments

Why Every Business Needs Legal Representation

Even if you have been lucky enough to avoid a legal battle, it is vital for every small business owner to consult an attorney for possible future legal representation. Although it would be nice to assume that you will never need to call on your attorney, there is much to be gained from a long-term [...]

By | February 24th, 2014|Small Business|0 Comments

Why Every Business Needs Legal Representation

Why Every Business Needs Legal Representation Even if you have been lucky enough to avoid a legal battle, it is vital for every small business owner to consult an attorney for possible future legal representation. Although it would be nice to assume that you will never need to call on your attorney, there is much [...]

By | February 10th, 2014|Small Business|0 Comments