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Have you ever wondered how the taxes for your property are set and if they are too high? Understanding your real estate tax valuation is important if you own your home, but even more so if you hold investment or owner-occupied property.


Although certain credits and exceptions may apply to a particular situation, the taxes levied on your real estate are the product of multiplying a tax rate (sometimes referred to as a millage rate) by the assessed value of your property. The rate is set through the political process, so the only real influence you have over that aspect of your taxes is at the ballot box.


However, if you think that the assessed value of your real property is set too high, both Ohio and Kentucky have appeal procedures you may want to consider in order to attempt to have the value, and therefore your tax bill, lowered. 


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What You Need To Know About Ohio's Law On Creditors' Claims Against Estates


By William O. Williamson, Esq.


DOA toe tagNothing is more frustrating in your business than not being paid by a customer. Collection can get tricky, however, if your business has unpaid accounts receivable due on behalf of a deceased client. There are important rules and deadlines you need to know regarding your rights to collect.

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Nest Egg While many articles describe the 2012 Act changes as "permanent," I'm a bit more cynical. I never assume that anything is "permanent" where Congress and the Internal Revenue Code are concerned. This is especially true when major players in the Congress and in the Administration continue to talk about a restructuring of the Internal Revenue Code as part of a long range deficit reduction package. 


The 2012 Act "permanently" establishes the estate tax exemption amount at $5 million per person. Married couples can have a combined $10 million exemption. The $5 million amount is indexed for inflation, and is estimated to be $5,250,000 in 2013.


If you're like many people, you likely want to simplify your estate planning documents. You may believe that your assets would never be subject to estate tax due to the large exemption amount. Not so fast.


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Best Law Firms 2013

Greater Cincinnati and Northern Kentucky leading law firm Strauss Troy has earned 10 Metropolitan Rankings in the 2013 Edition of U.S. News & World Report's "Best Law Firms."


Metropolitan Cincinnati Tier 1 Rankings:
Metropolitan Cincinnati Tier 2 Rankings:
Gilchrist And Strauss Troy Win
Three 2012 PRSA Awards
For Law Firm's New Brand Identity
Strauss Troy PRSA Awards 2012 
PRSA Blacksmith Award Winner Pamela Gilchrist Celebrates With Strauss Troy's Lucy McCormack (l) And Richard Colvin
Leadership Communications Strategist Pamela Gilchrist earned a top Blacksmith award and two silver awards from the Public Relations Society of America Cincinnati Chapter for her work with law firm Strauss Troy Co., LPA.

Gilchrist earned awards for her brand identity research for the law firm's recent rebranding initiative, the brand announcement news release and corresponding media placements. The Blacksmith entries were judged by a panel of independent judges from the Orange County, California PRSA Chapter.

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Strauss Troy Celebratnig 60 Years Of Service
About Strauss Troy


Strauss Troy Co., LPA, founded in 1953, has earned a strong reputation for providing the highest-quality legal services with a personal approach. As a full-service law firm, Strauss Troy has diverse expertise and a history of proven success. No matter what issue you face, the firm has the right professionals, who work together as a team, to get you the answers you need quickly and affordably. 


Strauss Troy's areas of practice include: Corporate | Business, Criminal | White Collar Defense, Domestic Relations | Family Law, Labor | Employment, Litigation, Municipal | Government, Real Estate | Finance, Tax Planning | Compliance and Trust | Estate Planning.


Strauss Troy is recognized as a leading law firm in the Greater Cincinnati | Northern Kentucky

region and is a Martindale-Hubbell Top Ranked Law Firm™ in Fortune Magazine. The firm is recognized as a U.S. News & World Report Best� Law Firm, and many of its attorneys are honored as peer-rated Martindale-Hubbell AV� Preeminent™ Attorneys, Best Lawyers� in America, Super Lawyers� and Rising Stars. The firm is also listed as a top law firm by the Cincinnati Business Courier.  
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Emily SupingerStrauss Troy Attorney Emily Supinger
has joined 
Strauss Troy as a partner. She practices in the areas of civil litigation, prop- erty rights, zoning and land use planning, eminent domain, municipal law and employment law.  

Strauss Troy has also named Brian Eviston, Matt Fellerhoff and Steve Nesbitt as shareholders.



concentrates his practice in the areas of corporate law, commercial law, landlord-tenant law, and complex corporate and commercial litigation.  



represents clients in private and public con- troversies. He has extensive experience in complex litigation and real estate matters, including inverse condemnation suits, land use and zoning proceedings, eminent domain and real estate development.  


Steve Nesbitt Strauss Troy Attorney Steve Nesbitt               

focuses his practice on real estate finance, construction, development, acquisitions and sales, leasing, general business and corporate law. He is a licensed title agent in the State of Ohio.  


Strauss Troy Attorney Joe Braun  

Strauss Troy Attorney Bill Coley  

Strauss Troy Attorney John Fischer  

John Fischer, Contributing Editor For Two Labor & Employment Publications 

Mardi Gras 2013
Join Strauss Troy At
Fat Tuesday Event For A Good Cause

Around the Greater Cincinnati | Northern Kentucky region, Fat Tuesday raises funds for a good cause. Strauss Troy is pleased to be a sponsor for the annual Northern Kentucky Restaurant Association's Mardi Gras, which benefits numerous agencies that help homeless children.
A Kid Again Flyer 2013
Strauss Troy is kicking off its 60th Anniversary year with the A Kid Again's Annual Basketball Extravaganza. A Kid Again is a charitable organization that serves children who have been diagnosed with a life-threatening illness. In 2011/2012, A Kid Again's sponsors, partners & volunteers served 15,632 children & parents at 43 adventures to help these kids be "kids again."


  Fortune Badge 2012 


Super Lawyers Badge 


Strauss Troy Best Law Firms Badge 2013
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Cincinnati, Ohio
150 E. Fourth Street
The Federal Reserve Building
Cincinnati, Ohio 45202

Northern Kentucky
50 E. RiverCenter Blvd.
Suite 1400
Covington, Kentucky 41011