One of the first issues you must solve when crafting your business is the form of business entity your business will take. This will determine the amount of personal liability you take on, and the amount of income tax you pay. And, it is the latter on which this...
Month: August 2018
Are relocation costs added to compensation for eminent domain?
Ohio property owners might believe the laws for eminent domain are unfair. However, once the decision is made for a federal, state or local agency to take over a person’s property through the process and the objections have been lodged and denied, it is important to...
Basic steps in an eminent domain proceeding
Ohio residents under threat of having their property being taken through eminent domain likely have plenty of questions. The concept of eminent domain is relatively unfamiliar to many people, until they are forced to deal with it. Eminent domain is a process in which...
Dealing with eminent domain in Ohio
You may have heard the term "eminent domain" at some point. In Ohio, as well as in the rest of the United States, eminent domain allows the government the ability to take your property away. That can happen whether you wish to sell your property or not. However, you...
Mozzarella giant fights off family lawsuit
Partnership disputes and other legal disagreements within management can derail any closely-held business. When that business is held by an Ohio family, they can threaten to tear a family apart. Recently, a court ruled in favor of the cheesemaker giant Leprino Foods...
Legal risks from construction defects
New building construction is an exciting but inherently risky business. Even when everything proceeds according to plan, costs can be substantial and profit margins thin. When construction defects result, the financial consequences to parties – whether they be the...
What is “just compensation” in an eminent domain case?
When property owners in Ohio face an eminent domain case, they usually have quite a few questions. Why? Well, these types of legal cases just aren’t something that is as common for people to be involved in, as opposed to family law cases or personal injury law cases,...
State Supreme Court allows eminent domain for bike trail
Ohio recently passed a provision in its two-year operating budget prohibiting a park district in a county with 220,000 to 240,000 residents from using its power to take public or private property for a recreational trail. But the Ohio state Supreme Court just allowed...
Remarriage and estate planning
It is not unusual for an older person to remarry after a divorce or the death of a spouse. Data from the Census Bureau shows that the rate of remarriage for those aged 55 and over sat at 57% in 2013. Remarriage can be a wonderful thing, but it carries some special...
What is the Ohio Real Estate Recovery Fund?
Real estate agents are inextricably linked to just about all real estate purchases. Indeed, even for those who want to bypass them, purchasing property, understanding its value and even looking up comparable sales is largely inaccessible to everyday buyers. However,...