Running a business involves inherent risks. But for those who are just starting out, their focus often shifts toward immediate priorities. However, the smooth operation of a business is not all about product development or securing customers. It is also about...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Cincinnati Full-Service Law Blog
Estate planning for when you lose the capacity to plan
When you think of estate planning, the foremost issue that comes to mind is the division and distribution of the estate to surviving heirs and beneficiaries. You may create a living trust where you can transfer your property and assets, and then name your trust...
How to terminate an employee
Employers do not need a reason to terminate an employee in an at-will employment state like Ohio. They can fire employees at will. However, as an employer, you should know how to appropriately terminate an employee so they cannot make unreasonable claims against you....
Does spousal support have to be monetary?
When spouses divorce, courts acknowledge that there will be a substantial change in each spouse’s lifestyle. One spouse usually earns more than the other and provides more to maintain the standard of living during the marriage. Consequently, a divorce can leave the...
3 important steps for someone who wants to buy out a partner
A business partnership is much like a marriage. Two people agree to work together, often indefinitely, and to provide ongoing support for each other. Eventually, the relationship may devolve into something unhealthy, leading to declining company performance or major...
What should you do if your supplier fails to deliver on time?
Partnerships are an excellent way for businesses to form connections and gain valuable resources. One of the most common partnerships is that between businesses and suppliers. Suppliers play a huge role in running a business because they provide the necessary...
Including digital assets in your estate plan
When you think of estate planning, what comes to your mind? Perhaps you were thinking of leaving behind a prized heirloom, giving away an ancestral home, or creating a trust fund to help your loved ones overcome financial hardship. All these things are true, but you...
Avoid these mistakes when going through a divorce
Deciding to divorce your spouse is not easy, but you may not realize that it is only the beginning of your problems. Once you file for divorce, then factors such as child custody, alimony, property division and child support enter the picture. These are serious issues...
Will creditors go after my loved ones for my debts when I die?
As much as possible, we want our debts to be minimal, if not nonexistent. However, certain circumstances in our lives force us to avail of loans, whether to pay for college tuition or cover medical expenses. Fortunately, it is a burden that your loved ones do not have...
Do I need a power of attorney?
Your estate plan may include some key details about what will happen to your assets after you pass away. For instance, after probate, your assets will very likely be distributed to family, friends and loved ones by your designated executor. If you have children, then...