Medina, Ohio Law Blog
Protecting trade secrets with nondisclosure agreements
As someone who operates your own small business, chances are, you have ideas, blueprints, recipes, product designs or other elements relating to business operations that you do not want falling into the wrong hands. Maybe you have a secret formula you use to produce a...
Creating an estate planning checklist
Ohio residents can use a thorough checklist to ensure that their estate plans are organized and include all of the documents they need. This will be helpful for surviving loved ones who may have to handle the estate. A will is an important part of an estate plan....
Trusts can be altered to reflect changing circumstances
Trusts can serve a valuable purpose for people in Ohio who want to manage their estates in order to avoid probate and preserve the maximum value of their beneficiaries' inheritances. However, over time, the intentions and desires of the creator of a trust can change....
Estate planning documents require regular review
Many people in Ohio want to think about estate planning all at once and then set those documents aside for the future. Going over one's estate plan can be practically and emotionally difficult for many people. However, in order to ensure that one's assets are...
Getting an SBA loan
Many entrepreneurs in Ohio run small businesses. In some cases, an owner might realize that he or she is going to need more capital to grow a business. While there are a variety of financial options that can work for this purpose, one of the most coveted is the Small...
What to cover in your Ohio partnership agreement
Many small businesses in Ohio operate as partnerships with varying degrees of formality. In fact, if you operate a business with another person and do not formally establish it as a corporation or a limited liability partnership, the law may by default treat your...
Reasons to use a trust to leave assets to adult children
It is not uncommon for people to create trusts to protect assets for their minor children, but they might not think about doing the same for their adult children. However, there are a number of reasons that Ohio parents who are creating an estate plan might want to...
Use more than just a will for estate planning
Having an estate plan that consists of just a will is one mistake Ohio residents should avoid. There are multiple documents that should be in place to ensure that medical decisions made on people's behalf if they become incapacitated are in accordance with their...
Back child support could cause inheritance issues
If an Ohio resident owes back child support, it may result in a lien being placed on a future inheritance. Typically, only a back tax debt would take priority over a lien resulting from a child support judgment. Therefore, an executor could be forced to liquidate...
Tips for creating an estate plan
Ideally, Ohio residents will begin the process of estate planning as soon as possible. An estate is made up of anything that a person owns either jointly or on his or her own. By creating an estate plan while in good health, it may make it easier to obviate the need...