Legal-Ease: Practical estate planning considerations

While not all of us will have millions to give away upon our death, confusion and discrepancies can arise during the settling of an estate, now matter how substantial its resources. To avoid many of these painful disputes, I recommend a number of practical tips for planning the settling of your estate.

Legal-Ease: Copies or originals

A common question is whether an original is needed or if a copy will suffice for legal needs. Documents that are actually signed are considered to be the originals, and reproduced representations of the originals are referred to as copies. Generally in Ohio, a copy of a document is considered to be as good as the original.

Legal-Ease: Basic snow and ice law

Since we live in northwest Ohio, snow and ice are very much an expected part of our winters. Snow removal is in order, and the act of salting roadways and removing snow from the surfaces is a “government function.” A lot of rules exist surrounding snow and ice.

Legal-Ease: Valuing a business

While there are many ways to value a business, three approaches to business valuation are commonly used. The “asset approach,” the “income approach” and the “market approach” are the three most common approaches when it comes to business valuation.

So You’re Ready for Transition, a presentation by Lee R. Schroeder

Join Lee Monday, February 23 at the Robert Fulton Ag Center, 8770 St. Rt. 108, Wauseon Lee will be presenting as part of the Fulton County OSU Extension “Young Farmers Series.” Agenda for the evening: Getting your financial affairs in order Eric Richer, OSU Extension Educator, Fulton County Organizational structure and strategies…and Tangible asset transfer […]

Legal-Ease: Power of promises, legally speaking

Promises are an area of law that can sometimes be foggy. Contracts are a form of promises, and typically legally binding. However, some promises are made hastily and without any legal oversight, making them less likely to hold up in court. In general, it’s a good idea to get a written note and have a lawyer look it over before considering a contract legal.

Legal-Ease: Determining if it’s fraud

Any time someone is the victim of a bad deal, they have the tendency to think they’ve been the victim of fraud. However, legally, there are six conditions that must be present for it to legitimately be fraud. Some of those conditions are the person must know they are committing a fraud (it can’t be an honest mistake) and it must have caused some sort of monetary or physical damage.

Legal-Ease: Is scalping event tickets legal?

The term scalping refers to the original practice of selling counterfeit tickets. Now, scalping just means selling any tickets individually instead of through a service. While some states allow scalping, many have rules and restrictions dictating what can be done with tickets.