Many people in Ohio know they need an estate plan, but do not know where to start. Those who are unfamiliar with the process can find estate planning overwhelming. There are often numerous legal documents involved, and major decisions regarding health care and to whom assets should be left need to be made. For many, this causes them to simply procrastinate, putting off the whole process until a later time. Unfortunately, far too many individuals never get around to creating an estate plan, which can cost their loved one's a significant amount of time, money, and heartache.
Virtually every company in the Toledo area relies on contracts to do business. Contracts require all the parties involved to make promises and trust the other parties to live up to their own promises. When one of the parties violates that trust, that could lead to a lawsuit for breach of contract.
For most homeowners, it’s a nightmare scenario. After working hard to buy your home, diligently making your mortgage payments and tailoring the space to your needs and comforts, it’s suddenly taken away from you by the government via eminent domain.
In perhaps the most important change to U.S. eminent domain law in decades, the U.S. Supreme Court ruled in the 2005 case Kelo v. City of New London that government power to seize private property extended to transferring that land to another private party for economic reasons. Before this, the Constitution’s eminent domain power was limited to cases of more obviously public use, such as for roads or public utilities.
Contracts make the business world function effectively. When utilized properly, these documents can spell out expectations amongst parties to an agreement, which may include business entities and consumers in Ohio. Although the purpose of a contract is to try to provide clarity and thereby avoid conflict, quite frequently the terms of a contract are not adhered to, whether this means a payment for goods is not made, an agreed upon service is not rendered or performance of the contract is made inadequately. When this happens, the contract has been breached.