It is rare that a financial institution will cash U.S. Savings bonds, at least in the Mahoning Valley. Once again, I have a client who is the attorney-in-fact for a person who is very likely legally incompetent, and my client wants to cash in bonds on behalf of the incompetent person. According to the instructions… Read more »
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Why it is Essential to Create an Estate Plan
There are a plethora of reasons why people think of hiring an experienced estate planning lawyer to form an accurate estate plan. Here are a few of the reasons why it is essential to create an estate plan: Escaping Probate This is the most common reason why most people consult with an estate planning firm… Read more »
Basic Business Laws That Every Entrepreneur Should Know
Laws and legal policies govern our society in lots of ways. They make us function properly without any chaos. Also, they provide feasible ways to solve our day-to-day complex issues seamlessly that originate among individuals as well as organizations. And, the general business law here is no exception. In fact, before you turn your business… Read more »
Employ Estate Planning Practices in Your Routine Activities
Estate planning is an important activity as it arranges how your wealth is to be disposed of after your death. This process can be set up to occur after your death through your will, while you can also do the same during your lifetime. Smart planning is possible when you seek help from an experienced… Read more »
Understanding Business Law is Important for Running a Successful Businesses
Business law is an important part of the commercial legal body, which provides direction on how to run commercial activities, especially those pertaining to the governing of businesses. If you own a business, it is important to know about the important details of the business law. This enables you to employ the ideal corporate practices,… Read more »
Organizing Documents and Information for Estate Planning in Ohio
While most people imagine their death bed when they consider estate planning, in reality, it is about having control over your assets and property during your lifetime and after you pass away. An important aspect of having complete control is the proper organization of related information and documents. By keeping legal documents, bank statements, receipts,… Read more »
Common Legal Disputes Small Businesses Face in Ohio
Operating a business requires maintaining pristine relationships with stakeholders, and is as important as selling your products and services to profit. Interactions with everyone, from vendors and customers to employees, contribute to your business’s success. However, there are situations that give rise to different types of disputes. While both parties may come up with a… Read more »
Understanding Intestacy: What Happens If You Die without an Estate Plan?
Whether you are single, married, or have children, it is important to have a will that dictates what happens to your property and assets after you pass away regardless of the size of your estate. But, what happens if you die without writing a will or establishing an estate plan? How do courts distribute property… Read more »
Understanding Fiduciary Duties in a General Partnership in Ohio
Entrepreneurs and business owners enter a partnership because of the convenience and benefits it offers in running the business. When you form a partnership, you and your partner(s) owe several types of fiduciary duties to each other, ensuring honesty and good faith in transacting partnership business. This establishes a legal and ethical relationship between you… Read more »
4 Reasons Why You Need Legal Help with Estate Planning
Not many people consider getting legal help when they’re estate planning, largely because they believe that people will follow what has been described in the will without question. But the truth is, making a will isn’t as simple as putting your name down on the dotted line and then believing in the legal system to… Read more »