How Lawyers Help New Businesses
It can be feverishly tempting to set up a new business without first consulting an attorney. With 24/7 online business registration from the Ohio Secretary of State, a new legal entity can be formed in a matter of minutes, day or night. Why then, does our law office receive so many frantic phone calls from individuals who did it themselves? Self-help like this often results in...Read More
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Corporate Culture
Corporate culture is one of those terms that seems like it belongs in a psychology handbook. It’s something that we may not always be aware of, but it really defines our entire work experience. Similar to investing in a quality mattress because, as they say, “You spend half of your life on it,” the prudent businesswoman occasionally examines their corporate culture because they spend...Read More
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Conservation Easements
Conservation easements – increasingly popular in recent years – allow landowners to permanently preserve property from development. They allow continued private ownership with certain tax benefits with the comforting knowledge that a beneficial usage will continue for future generations. For agencies or governments representing the public, they provide a way to preserve open spaces,...Read More
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Incentives for Remediation
At one time our “Steel Valley,” was one of the great steel regions of the world, hosting mills along the Mahoning River from Warren to the Pennsylvania line. Fierce competition from overseas, followed by the closing of Youngstown Sheet and Tube in the 1970s started a long slide in industrial production in the region. Yes, a few of the old plants have reopened, but great stretches of...Read More
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Ohio’s Legacy Trust Procedures
Business clients typically minimize exposure to creditor claims by using liability-limiting business structures, by maintaining appropriate insurance coverages, by maximally funding qualified retirement plans and by dispersing asset ownership within the family. High-net-worth clients, whose activities subject them to extraordinary claims, may now also use an additional tool to protect...Read More
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Frequently Asked Questions about Solar Leases
Q: How long does a solar lease last? A: The term of a solar lease is typically between 20 and 30 years Q: What effect will the solar lease have on my property? A: If you currently receive a special tax valuation (in Ohio a “current agricultural use valuation,” in PA a valuation under Act 319) you may lose that status and have your real estate taxes increase. There may be a...Read More
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