Medina, Ohio Law Blog
The elements of an estate plan
Some Ohio residents may have hesitated to create an estate plan because the subject is an uncomfortable one, but it can be a way of making a person's passing less difficult for family members. There are a number of different elements to an estate plan. Wills and...
Trusts as estate planning tools
Most Ohio residents automatically think of a will when it comes time to plan their estates. Wills allow testators to name who they want to receive their property when they pass on, but they are limited in some ways. Upon the death of a testator, beneficiaries will...
Choosing people to carry out an estate plan
For many Ohio residents, the process of estate planning is too often undertaken with a narrow focus on providing instructions, yet there is an equally great need to focus on the people chosen to carry out those instructions. Estate plans can contain such wide-ranging...
Tips for Ohio commercial real estate sellers
When selling commercial real estate, many people assume they can depend on the services of their buyer's attorney. However, it might it may be wise for sellers to hire their own experienced real estate attorney who can personally assist them with the transaction....
Common small business accounting errors
As a small business owner, you may find yourself pulled in multiple directions at once on a daily basis. Given the weight of your responsibilities, it can prove difficult to become an expert in all aspects of your business, but understanding how to manage your...
How apps can benefit Ohio real estate investors
Just a few years ago, real estate professionals had to manage their information with enormous Excel databases. However, thanks to a number of technological advancements, communication, maintenance requests and rent logs can be handled through a number of easy-to-use...
Estate planning and President Trump’s new tax policies
Because of considerable changes that President Trump may be making in regards to the US tax policy, many Ohio residents might delay taking estate-planning measures. However, since many estate-planning components, such as irrevocable trusts, offer several advantages...
Big data economy drives commercial real estate changes
Large companies in Ohio and throughout the country are experiencing an expanding demand for data centers. Vast amounts of data generated by 34 billion connected devices drive increasing portions of the modern economy. From a smart coffee pot ordering beans from Amazon...
Venture capital is distributed unevenly geographically
People in Ohio who want to start a small business may have a harder time finding venture capital investors than if they lived in large coastal cities. A report found that for every dollar spent by venture capitalists, 46 cents of it goes to Silicon Valley. Boston, New...
The importance of estate planning for people without children
Some people in Ohio might think that because they are single or have no children, an estate plan is not necessary. However, complications for unmarried people or those without children still occur. Generally, state laws will pass decedents' assets onto their spouses...