Medina, Ohio Law Blog
Estate planning to avoid family conflict
When people in Ohio decide to plan for the future, they may be concerned about how their decisions can affect family relationships years into the future. While people may have heard stories or seen the experience of a family feud over an estate in their own lives,...
Estate planning for entrepreneurs
For Ohio small business owners, making a will and drawing up an estate plan can be especially important. The issue has been drawn into sharp relief by the death of several legendary musicians with substantial and valuable music catalogs, all of whom died without a...
Estate planning updates are needed upon spousal death
When a spouse passes away, whether in Ohio or elsewhere, the initial legal concerns appropriately lie with administration of the estate for the recently deceased. It is often forgotten, however, that the surviving spouse typically needs an estate planning checkup as...
Simple tips to keep in mind regarding contract negotiation
If you are in the process of launching your new business, you may have to negotiate one or two contracts; perhaps with a partner, a supplier or an ad agency. It could be that this is a part of your business with which you have had little experience. Here are five tips...
Estate planning also important for young people
Some Ohio millennials may think that making out a will and other estate planning documents are not important, especially until later in life. In fact, 78 percent of millennial Americans have no will or other estate documents. In general, people don't like to think...
Common mistakes made by startups that are seeking funding
For Ohio startup companies, finding venture capital may be important so that the businesses can grow. A common issue that many startups have is trying to figure out how to attract investors. There are a few common reasons that venture capitalists and angel investors...
The consequences of not having an estate plan
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...
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...