Legal-Ease: Alternative energy leases

Lee asks people to consider seven different aspects when considering a potential alternative energy lease. 

First, recognize that these leases can be confusing, so it’s important to seek help from a professional. Second, be sure that the lease specifies the geographic scope. Third, understand the periods of time that are included in the lease. 

Legal-Ease: What exactly is a reverse mortgage?

To understand how reverse mortgages work, it’s important to understand traditional mortgages. Traditional mortgages create a legal right to possess real estate if the promise to pay for the real estate is not fulfilled. The written permission to acquire a home if the lender is not repaid is a traditional mortgage. 

A reverse mortgage is an agreement in which the lender agrees to pay a borrower a certain lump sum of money or a certain amount of money every month. In the meantime, the borrower can continue to live in his or her home. 

Legal-Ease: Ohio bicycle laws

While many of Ohio’s laws concerning roadways apply to bicycles, there are some laws interpreted differently for bicycles and some laws that are specific to bicycles only. Bicycles aren’t allowed on all Ohio roadways, including freeways. Bicycles must be operated at safe speeds based on the context of the road and other traffic. There are several other laws that bicyclists should keep in mind while on Ohio’s roadways. 

Legal-Ease: What to do when the plan fails

Successful people both plan for success and for less-than-ideal circumstances. When a plan fails, it’s important to engage in three big steps. First, don’t just bury your head in the sand. Second, be proactive and gets plans in place early. Finally, be open-minded and be willing to accept help from others. 

Legal-Ease: Grass clippings on roadways

Property owners often blow their grass clippings on roadways, and a problem may arise if the grass clippings cause an accident. Some research suggests that grass clippings can be as slippery as grease is on roads, and clippings can be especially dangerous for motorcycles. Ohio does not have laws that explicitly prohibit property owners from blowing grass clippings onto roadways. An Ohio law makes it illegal to place injurious materials onto roads. But this law doesn’t cover glass clippings. 

Legal-Ease: Buying or selling over time

Businesses and individuals often want to buy or sell something over time. There are four items to consider when entering into a sale or purchase “over time.” First, if the sale includes a house or land with a house, it may be referred to as a “land contract,” which requires numerous legal requirements. Second, if the subject of the purchase is real estate that isn’t a house, the buyer and seller can agree to almost any terms they want. Third, if the subject of the purchase isn’t real estate, and it’s personal property, the buyer and seller can be flexible in terms as long as the personal property isn’t a retail item. Finally, every installment sale should be reviewed by the buyer and seller’s tax advisers. 

Legal-Ease: What to do when facing a nursing home decision

When the time arises to make a decision about long-term healthcare, three steps should be taken. First, be sure that the family member facing care has an updated power of attorney and living will. Second, develop a financial plan with an attorney. Finally, work closely with the attorney regarding bills and asset transfers. 

Legal-Ease: Walk this way

Ohio has several laws to govern pedestrian traffic, and many communities have their own additional laws and ordinances as well. Pedestrians must obey all pedestrian traffic-control signals. Sometimes people can become confused over how to handle pedestrians at intersections with stopped vehicular traffic. 

Legal-Ease: Basic functioning of trusts

When reading about trusts, it makes sense to replace “trust” with “rulebook.” The trustee of a rulebook is the manager of assets that have been made subject to the rules in the trust. The owner of the assets subject to the rules in the trust is called the beneficiary. Trusts can have multiple beneficiaries or successor beneficiaries. For most trusts, there is no rule that the trustee and beneficiary must be different people. 

Legal-Ease: Giving our lives one good deed at a time

Some people may avoid helping others with the concern that they may make the situation worse. For this reason, the law often includes “good Samaritan” protections to people who are trying to help others. Ohio law is general and comprehensive when it comes to help during emergencies and disasters.