Medina, Ohio Law Blog
Common grounds for contesting a will
Contesting a will is a difficult process, because the person whose wishes it is supposed to express is no longer available to clarify anything that might be up for debate or interpretation. There are, however, certain situations that may lead you to question a will...
Many Ohio residents have no estate plan
Close to 60 percent of American adults have prepared no legal documents to specify what should happen with their assets if they die. According to a study, just 42 percent of themhave an estate planning document completed. For individuals who have minor children, only...
Making gifts to children
Ohio parents often desire to pass wealth to the next generation. Their intentions, however, might be frustrated if a married heir gets a divorce, taxes run high, real estate expenses become onerous, creditors make claims or young heirs act irresponsibly. Careful...
Value investment requires focus and discrimination
Value investing in Ohio commercial real estate is about purchasing at the right price. Though the asset should provide money as well, an income stream is usually of secondary importance for value investors. The real worth of the investment generally comes from an...
What should you include in non-compete agreements?
Running a business of any size is an incredible undertaking. Not only will you need to worry about how to make your business a success, you will also need to organize and manage your workforce. These two priorities can clash at a certain point, and unless you take...
Why your debt-to-income ratio matters when buying a home
If you are looking to purchase your first home, you have probably been doing your research about properties in your area, where you might be able to obtain a loan and how to qualify for it. A key term you may recognize from all that research is "debt-to-income ratio,"...
Regulations and rates are chief concerns of CRE lenders
Many commercial real estate developers and investors in Ohio and around the country had a fairly good year in 2016, and most experts feel that prices will remain healthy and the market will be stable in 2017. However, there are some concerns over interest rates and...
Learn more about the role of estate executor
Individuals who are named executors to an Ohio estate are responsible for carrying out an individual's final wishes. It is their job to ensure that debts are paid and money and other property that remains are distributed to the proper beneficiaries. An executor does...
New tech startups offering real estate investment solutions
Commercial real estate investors in Ohio may be aware that the commercial real estate industry contains technology gaps. A growing number of tech startups are looking to fill the need for online investment platforms and real estate software programs in order to make...
How some Republican proposals might affect estate plans
Ohio residents may want to consider how Donald Trump's election and the Republican majorities in both the House and the Senate might affect their estate plans. Understanding the proposed changes and incorporating clauses in their plans might help them to avoid some...