Medina, Ohio Law Blog
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...
Reasons to look outside of family to manage a legacy
Some Ohio residents who are creating an estate plan might want to think about how they will separate their legacy from what they hope to leave to their children and spouse. Some people may assume that creating an estate plan that allows their beneficiaries to benefit...
Funding a trust helps it to reach full potential
Establishing a trust can be a major step in the development of a comprehensive Ohio estate plan. Once the trust is established, though, it must be funded. It can be thought of like a box that has been created to hold something; until it is actually holding assets, the...
How startups can learn to handle debt
Business ventures often begin in debt. The exact structure of a startup's capital can take many different forms, but most business owners in Ohio will have investors, credit cards or a bank loan of some kind. Realistic expectations are a key part of dealing with debts...
How often should you update your employee manual?
Companies use employee manuals, or employee handbooks, to set out policies and expectations for employees. These manuals come in many forms and can even include interactive web pages. Employees might refer to them when they have questions about vacation policies, the...
Dealing with estate planning issues during a divorce
Going through a divorce in the state of Ohio can be a complex process that requires many considerations. In particular, those ending a marriage should take some time to revisit their wills and other legal documents. It's particularly important for a divorcee to update...
Special needs trusts protect assets for disabled adults
The Social Security Administration has strict rules about the assets a person who receives Supplemental Security Income can own. However, there is a way to ensure that a disabled person has the things they need without violating the government's rules. When a person...
How professionals can help create an estate plan
Some people in Ohio who are creating an estate plan might want to consider working with professionals on that plan. This team of professionals may include an attorney, an accountant and a financial planner. One financial expert says that many of the clients he sees...
A pour-over will can be an important backup
When it comes to estate planning, a variety of strategies someone in Ohio could use to protect his or her assets. Many people develop an estate plan based on trusts; by creating trusts, people can have more control over how those assets are used as well as present...