When it comes to structuring your business, the route you take could have long-term ramifications on your financial well-being. While not every entrepreneur expects to be sued in their business venture, many choose the limited liability company (LLC) formation for the...
The gift shop rule states, “You break it, you buy it.” In real estate, the law of adverse possession operates sort of in the opposite direction. Under the Ohio version of this law, if a “trespasser” (more often a neighbor) openly possesses and cares for property that...
Ohio business owners may already have a will or be in the process of creating one, but how many of them have a succession plan? This is just one of many documents that comprise an estate plan, all of which merit consideration. Other documents in an estate plan, such...
No parent creates an estate plan with the intent to cause disagreement between their children. Still, it occurs more than people realize. Disputes over an estate can result in lengthy and expensive litigation. Many disagreements could be avoided with forethought and...
With many Ohio businesses struggling, there is a potential tidal wave of business litigation on the horizon. Thousands of companies are finding it impossible to meet the conditions of their contracts. Let's look at some hypothetical examples: An Ohio restaurant owner...
When property is purchased, the belief is that it will be the owner's until they decide to sell it. A problem that could arise is the government deciding that the property could be better used in a different manner. The government can seize land or property through...
After welcoming a new bundle of joy into the world, there’s a good chance that estate planning is one of the last things on your mind. However, establishing a plan for your assets after your death today is essential for helping your loved ones avoid lengthy probate...
The Baby Boomer generation is reaching retirement age. Many older folks hope to cash in on retirement plans to take vacations and treat their families. These individuals have carefully planned monetary investments around funding these twilight years. However, some...
The value of homes in the central region of Ohio had been on the incline for several years. And it seems the economic downturn has yet to slow the growth of the central Ohio housing market. Real estate experts report that the demand for homes in the Columbus area is...
Residents and businesses in the Toledo area as well as the rest of Ohio might be interested in this article regarding the failure of Sony Interactive Entertainment to pay royalties to Tangent Games, resulting in a suit. Tangent Games claimed that Sony failed to pay...
