What is Continuity Planning?

In the wake of the COVID-19 pandemic, many more people are talking about risk management. How did our society fail to manage the risk of a virus? How did individuals fail to adapt to the scientific realities of the situation? Risk management is handled in...

What is the Difference Between an S Corp and an LLC?

If you are an entrepreneur going into business, a small business lawyer can advise you on a number of key decisions. One of the first decisions you will encounter is what type of business to form. You can incorporate, and have “Inc.” after your business...

Three Important Things to Know About Real Estate Closing Costs

When you buy a home, you deal with a category of expenses referred to as the closing costs. These are funds, additional to and separate from the down payment on the loan, that you pay at the time of settlement. Usually, these closing costs end...

What is Self-Employment Tax?

In the terminology used by the Internal Revenue Service (IRS), Self-employment tax refers only to the Social Security and Medicare taxes required from individuals who work for themselves. When a resident of the US works for an employer, that employer generally withholds pay that is...

Can My Boss Legally Make Me Work Through My Lunch Hour?

The answer to this question varies from state to state. Each state has its own labor laws and its own set of considerations regarding pay and work hours. In Ohio, employers are not required to provide any kind of breaks for workers who are adults....

Estate Planning During A Pandemic: Four Tips

We have a bonafide pandemic on our hands. It’s the kind of contagion warned about in science fiction films and doomsday novels. It’s the stuff of dystopian narratives. And with that type of real-world malaise comes a mild panic. Maybe even a panic that is...

2020 Estate Planning Checklist

Donnellon, Donnellon, and Miller published a nine-point estate planning checklist, which is designed to assist you in addressing all of your estate planning needs. When you check off all of these line items, you can remind yourself of anything you still need to take care...

Who Should I Choose to Be the Executor of My Will?

Estate planning can help ensure an accurate and friction-free distribution of your possessions. The person or institution you put in charge of administering your estate and carrying out your final wishes is called your executor. Making that choice is one of the most important decisions...

Setting Up Your Ohio LLC

Setting up an LLC, or Limited Liability Company in Ohio is an easy and straightforward process. You can begin by filling out some necessary forms here: www.OHBusinessCentral.com. This is a great place to get started by registering your LLC business and reviewing forms and publications that...

What Missteps Can You Avoid When Planning Your Estate?

Planning an estate is not simply guided by common sense. There are several mistakes well-intentioned people make, thinking they are making the smartest moves. Here are four typical mistakes in estate planning. 4 Mistakes To Avoid When Planning Your Estate Mistake #1: The child’s name...

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