Tag: LegalEase
Equal or fair: neither matters in gifts and inheritances
Over the last few weeks, a certain brother expressed frustration that the brother’s sibling received larger and more frequent gifts from parents of the brother and sibling. That brother also identified how much less love the brother perceived receiving compared to the sibling.
Legal-Ease: How to study real estate
Most of us would not buy a car without either personally or professionally investigating the condition and history of the car.
Legal-Ease: Risk of loss for real estate purchases before closing
Our region’s weather can be challenging, especially during the winter. And it is not just snow and wind that can damage property. As we saw last week, large fires on Cole Street outside Lima and in the village of Continental’s downtown can be especially dangerous when the weather is cold.
Legal-Ease: New Year’s resolutions for legal affairs
Some people hold true to the time-honored tradition of making New Year’s resolutions. Typical topics include exercise, diet and financial health. Getting our legal affairs in order is a resolution worthy of serious consideration.
Legal-Ease: Four components of buy-sell agreements crucial to business succession
When a group of people start, inherit or otherwise co-own a business together (like a traditional business, commercial building or farm), the operation will likely have more value as a collection of assets, opportunities and people (synergy) than the sum of the components separately.
Legal-Ease: Magic number 179 for businesses
For the last several years, a favorite number of many businesses (particularly farmers) has been 179. Number 179 represents Section 179 of the Internal Revenue Code.
Legal-Ease: Considerations for installment sales, land contracts
In selling businesses and property, buyers and sellers sometimes discuss “seller financing”. In the context of real estate, these arrangements are sometimes casually called “land contracts”. Generally, in legal contexts, these arrangements are called “installment sales”.
Legal-Ease: Appropriate roles when caring for aging parents
We can struggle to define our roles when our parents, who have typically helped us, instead need us to help them.
Legal-Ease: What is a tort?
In law school, my classmates and I initially thought that a tort was a type of pastry or donut, because we confused “tort” with “tart”.
Legal-Ease: A jilted fiance’s legal rights
TV shows and movies create stories around brides or grooms disappearing right before wedding ceremonies. But the change of heart to marry can obviously happen any time after a couple agree to marry. If only one person decides that the marriage is not going to happen, the other person can experience immense heartbreak.