Mergers and acquisitions can reshape industry niches and lead to significant business growth. However, these transactions fall under the scrutiny of Ohio antitrust laws to ensure that they do not harm competition or create monopolies. Companies planning to merge or...
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Lake County Estate Planning Legal Blog
NFA Trusts
The National Firearms Act of 1934, the Gun Control Act of 1968, and other federal law make multiple classes of firearms, accessories and other weapons subject to heightened regulations. These items are referred to as “Title II” firearms. Many current or prospective...
When should you modify your existing estate plan?
Estate planning is a necessary aspect of securing your assets and transferring wealth to your heirs. However, life is dynamic, and circumstances change over time. It is important to know when to review and modify your existing estate plan so that your wishes continue...
5 key elements of a business succession plan
Creating a succession plan ensures a business's long-term stability and continuity. It ensures a smooth transition of leadership and operations when key individuals depart or retire. Crafting a well-thought-out succession plan requires careful consideration of many...
Who benefits most from having a trust?
Building an estate plan means outlining what will become of your assets, your business and all other important items when you pass away. Writing a will can accomplish many of the most important estate planning tasks, but having a trust ensures that your estate plan is...
How to solve business conflicts and avoid future disputes
When you run a business, disagreements and differing priorities can lead to serious conflict. As a leader, it is important to develop ways to resolve disputes. Furthermore, you can make changes to your business and its contracts to help prevent future issues. Common...
The risks of handling a property dispute yourself
Serious property disputes can arise for both commercial and residential landowners. When a neighbor literally oversteps the boundaries by violating fence laws or overseeing a potentially damaging project, you should carefully consider how best to proceed. Notifying...
6 traits you want to have in a business partner
Getting a business launched has been a longtime goal. Of course, you understand that many people like yourself cannot do this alone. This is why you need to seek a business partner who shares your goals and excitement. But those are not the only characteristics you...
Setting up a pet trust can protect your pets after your death
Living in Ohio, you’ve always had the space to have the pets you wanted. You have a dog that you love, raised award-winning horses and have many animals that rely on you. Today, you’re thinking about what might happen to your pets if you pass away. While you believe...
3 reasons landlords can evict tenants under Ohio law
Unless you have a verbal agreement, as the landlord, your lease and state law limit your rights regarding the rental property. You will likely have to give your tenant notice anytime you need to enter unless there is a true emergency. There are also only a handful of...