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Pillars of Strength: Three tips for protecting your personal assets when forming and operating a company

May 22, 2014

When clients approach us for business formation, one of their concerns is protecting their personal assets from a business misfortune, either simple financial failure or a catastrophic situation creating an unexpected liability. We tell clients, first, that no undertaking is made without some degree of risk.  In shorthand, we say “if you want to avoid all potential … Continue reading Pillars of Strength: Three tips for protecting your personal assets when forming and operating a company

By: Christopher P. Finney

Pillars of Strength: Effectively using your corporate form for limited liability protection

May 22, 2014

Our clients form and do business in the name of corporations and limited liability companies for a variety of reasons, but one primary motivation is to achieve the benefits of limited liability protection that the entity offers. Optimally, limited liability protection means that the exposure of the investor/owner in a corporate entity is limited to his capital contributions … Continue reading Pillars of Strength: Effectively using your corporate form for limited liability protection

By: Christopher P. Finney

Estate “Tax” Planning

May 19, 2014

Unless a couple has assets in excess of five million dollars, estate taxes are no longer a concern for Ohio residents.  This is because Ohio has done away with its estate tax, and the Federal estate tax exemption is now over five million dollars.  For such couples, the new estate “tax” planning is income tax … Continue reading Estate “Tax” Planning

By: Isaac T. Heintz

Landlords may be liable for safety of tenants’ guests

May 19, 2014

Chapter 5321 of the Ohio Revised Code, known as the Landlord-Tenant Act, governs the rights and duties of landlords and tenants in Ohio.  Among other things, the Act requires Landlords to maintain rental properties in a fit and habitable condition, and to keep all common areas of the premises in a safe and sanitary condition.  … Continue reading Landlords may be liable for safety of tenants’ guests

By: Bradley M. Gibson

Will Ohio’s Supreme Court reliberalize Ohio’s Open Meetings Act?

May 16, 2014

Once considered a model for open and accountable government, Ohio’s Open Meetings Act (R.C. § 121.22, et seq.) was intended to be “liberally construed to require public officials to take official action and to conduct all deliberations upon official business only in open meetings unless the subject matter is specifically excepted by law.” What appears … Continue reading Will Ohio’s Supreme Court reliberalize Ohio’s Open Meetings Act?

By: Brian C. Shrive

Rental registration and inspection program in Mt. Healthy defeated

May 8, 2014

The Finney Law Firm was contacted early this year by a group of landlords owning single family homes in the City of Mt. Healthy. The City had begun a mandatory rental registration and inspection program for single family homes.  While the City fathers invariably thought the intrusive and expensive program was a good idea, as … Continue reading Rental registration and inspection program in Mt. Healthy defeated

By: Christopher P. Finney

Argument preview: Susan B. Anthony List v. Ohio Elections Commission

April 24, 2014

There is a blog devoted to extensive coverage of the United States Supreme Court — the SCOTUS blog. Its objective, in-depth and scholarly writing draws positive reviews from court watchers. Today it has an extensive blog post on our case that is being heard next Tuesday before the United States Supreme Court. You can read … Continue reading Argument preview: Susan B. Anthony List v. Ohio Elections Commission

By: Christopher P. Finney