Ideally, an Ohio resident will have all the necessary estate planning documents in order before they pass awat. Without an estate plan, there can be a lot of uncertainty as to what happens to a person's assets. It can also lead to family infighting, which may result...
Month: August 2018
Small business succession plans
According to a recent survey of 200 privately owned businesses, 58 percent of small business owners have no succession plans. These individuals have no strategies in place for how ownership should be transferred if unforeseen incidents should occur. While some small...
For parents, estate planning can be critical
Estate planning can be particularly important for parents in Ohio. When people have children, they may be more inspired than ever to deal with thinking about the future and making important decisions about how their children will be supported in case of the death or...
What to include in your partnership agreement
If you are launching your own business and you wish to make it a partnership, creating a partnership agreement may be among your preliminary tasks. Partnerships can help your business thrive under the leadership of more than one knowledgeable, qualified person, but...
Commercial real estate terms that are important to know
Commercial real estate transactions are complex due to long legal contracts and high price tags. They also involve obscure terms rarely seen in other places. Before entering into any type of Ohio commercial real estate deal, each party should have knowledge of the...
Preparing for venture capital investors
Many Ohio business owners may consider requesting funding from investors to help their startup succeed. Entrepreneurs who are seeking venture capital funding for their startup can take certain steps to positions their enterprise to raise such funds. Having up-to-date...