Recent Blog Posts
How an OVI Charge Can Affect Your Ohio Divorce
Divorce equals stress. There is no way around it. People going through divorce are often dealing with overwhelming stress while navigating not only through the emotional and financial woes of ending a marriage, but also navigating through the family court system.
The last thing a person dealing with this major life event needs to worry about is being arrested and charged with OVI. Unfortunately, it happens, far more often than you would think. Even more unfortunate is not only are there criminal charges to deal with, but an OVI charge can also impact divorce proceedings in a number of ways.
Adds Even More Emotional Stress
Even if you are going through a “friendly” divorce, there is still so much to deal with, no matter how well you and your soon-to-be ex-spouse get along. But throw in an OVI charge and the fragile truce between you and your spouse could collapse over the negative impact this charge can have on you and the relationship you have with your spouse, your children, family, and friends.
I Think My Spouse Is Hiding Assets in Our Ohio Divorce
In most divorces, property division is a matter of two honest people trying to unwind a set of shared assets. There may be contentious issues, but people usually play by the rules. Unfortunately, this is not always the case. There are times when one spouse attempts to conceal assets from the other in order to keep them for themselves rather than divide them up in the divorce. In these situations it can be helpful for the other spouse to understand some common strategies for finding hidden assets, so that they can be on the lookout for them. These strategies tend to be about cash flow manipulation, and they fall into two basic categories. Spouses hide assets either by concealing their income or making their expenses look bigger.
Concealing Income
Income concealment is when a spouse makes it appear as though they have less money coming in than they actually do. There are a number of ways that they can do this. One common method is through coordination with their employer. For instance, a spouse due for a raise or a bonus can talk to their boss and attempt to defer payment until after the divorce process ends. At that point, since the two are no longer married, that spouse gets to keep all the extra income for themselves.
Benefits of Using Living Trusts in Your Ohio Estate Plan
When people begin the process of estate planning, they often have many questions about what course of action would be in their best interest, or in the best interests of their surviving family members and loved ones. One frequently asked question asks what the difference is between a simple will and a living trust. Is one option a better choice than the other? The answer to these questions really depends on your particular situation, but for most typical family situations a good choice is to use a living trust to transfer your property upon your death.
When you prepare a will as your sole means of transferring your property upon your death, your will must go through the probate court, which can be complicated, and your surviving family members could end up fighting over your will once you are gone. However, using a revocable living trust, which an Ohio estate planning attorney can prepare while you are still alive, can help your family avoid probate after you pass on. Individuals who are looking to exercise more control over their property may find that a living trust is a useful estate planning tool.
What Are the Responsibilities of an Executor in Ohio?
An executor is in charge of administering an estate after an individual passes away. Estate administration can involve many different responsibilities, including managing any investments owned by the decedent and paying any outstanding debts. An executor also is responsible for distributing the remaining assets in the estate according to the decedent’s wishes stipulated in their will and other estate planning tools. The decedent usually names who they want to serve as executor in their will.
Role of an Executor
The first task as executor of an estate is usually locating the decedent’s will. The executor will also need to obtain several certified copies of the death certificate in order to provide to financial institutions, insurance companies, and certain government agencies.
The executor is also responsible for notifying all creditors, as well as anyone who is named as an heir in the will. He or she is also tasked with coming up with a complete inventory of all of the estate’s assets, debt, income, and expenses.
Hurt in a Medina Car Crash? Consider These Options for Seeking Compensation
Being injured in a car accident can leave a person with medical debt, lost wages from time off work, vehicle damage, and other financial losses. Typically, the at-fault driver’s insurer is responsible for covering at least some of these costs. Unfortunately, recovering financial compensation after a crash is often a stressful, complicated process. Countless factors can influence the case, and insurance companies are often uncooperative. If you or a loved one were hurt in a car crash in Medina, Ohio, consider the following options for pursuing financial compensation.
Pursuing a Settlement with the Insurance Company
Covering accident-related costs is the primary purpose for which auto insurance companies exist. However, getting the compensation you deserve from the insurance company can be complicated by questions regarding liability, damages, and other issues. A personal injury lawyer can help you gather evidence such as traffic camera footage and witness statements and use this evidence to support your claim. Your lawyer can also handle settlement negotiations with the insurance company for you so that you can focus on recovering from your injuries.
Can I Get Out of a Second OVI in Medina?
Drunk driving convictions can lead to significant consequences – both criminally and personally. The criminal penalties associated with drunk driving increase if the defendant has previously been convicted of operating a vehicle under the influence (OVI). First-time OVI offenders in Ohio are subject to fines of up to $1,075, a maximum driver’s license suspension period of three years, and three days to six months in jail.
If someone receives a second OVI within ten years of the first OVI, he or she may face penalties including fines up to $1,625, a maximum seven-year driver’s license suspension, and ten days to six months in jail. The driver may also be required to complete alcohol addiction treatment. The penalties are harsher if the driver’s blood alcohol limit was above 0.17 percent. If you have been charged with a second or subsequent OVI charge, it is important to start building a strong defense.
What Are the Benefits Offered by Different Types of Trusts?
A crucial part of the estate planning process involves the management of money and assets to ensure that a person will be able to provide for both themselves and their family members. Trusts can be one of the most useful tools for doing so. Assets that are held in a trust will be owned by the trust itself, and a trustee will manage the trust and distribute the assets according to specific instructions. Passing assets to beneficiaries through a trust can often be done much more quickly, efficiently, and privately than by leaving property to loved ones in a will. There are multiple types of trusts available, and understanding the best ways to use these tools can ensure that a person’s and family’s needs will be met.
Common Types of Trusts
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Revocable living trusts - With these trusts, the settlor who creates the trust will be able to change the terms of the trust if need be, and they may also act as the trustee, ensuring that the assets will be managed and distributed correctly. The settlor may also be a beneficiary, allowing them to make use of certain assets to meet their own needs while they are still alive, while ensuring that a successor trustee will distribute the remaining assets to other beneficiaries after their death.
How Is a Family Business Handled During an Ohio Divorce?
During the divorce process, a couple will need to address ownership of multiple types of marital assets. The equitable division of marital property will provide both spouses with a fair share of the money and assets they acquired during their marriage. While the division of some types of assets may be straightforward, other types of property can present complications, and spouses may encounter contentious disputes as they address these issues. Family businesses are one type of asset that can sometimes be difficult to address, but by understanding their rights and options, spouses can make decisions that will provide them with the financial resources they need going forward.
Is a Business Considered Marital or Separate Property?
A family business will be part of the marital estate if it was founded or acquired while a couple was married. In these cases, business assets will need to be considered alongside other marital assets and debts. If a business was owned by one spouse before the couple was married, it will usually be considered separate property, and that spouse will be able to maintain sole ownership of business assets. However, a business owned by one spouse may become commingled with other marital property, such as if the couple invested marital funds in the business. A spouse will be able to maintain ownership of any business assets that can be traced back to separate property, but other business assets may need to be divided between the spouses.
What Penalties Can I Face for Drug Possession in Ohio?
While a person can face serious penalties for any type of criminal charges, cases involving controlled substances will often lead to some of the most serious consequences. A conviction for drug possession can lead to large fines and a lengthy prison sentence, and a person may also face other consequences, such as probation and the requirement to receive substance abuse treatment and take regular drug tests. Those who have been accused of drug-related offenses can work with a criminal defense attorney to determine their best options for avoiding or minimizing their potential penalties.
Possession of Controlled Substances in Ohio
A person may be charged with drug possession if they are accused of knowingly obtaining, possessing, or using a controlled substance without legal authorization (such as a prescription for a medication). Controlled substances are grouped into five “schedules” based on whether drugs are considered to be dangerous and addictive and whether they have any accepted medical uses. Schedule I drugs are generally the most addictive substances, while drugs in Schedules II-V may be used for medical purposes in some situations.
Can I Receive Compensation for a Dog Bite Injury?
Many people keep dogs as pets and treat them as members of their families. However, dogs do not always behave as expected, and even if an animal had always acted in a friendly manner, it may bite or attack someone. Dog bites can inflict multiple types of serious injuries, including severe cuts and bruises, broken bones, and puncture wounds that damage muscles, tendons, ligaments, or internal organs. In some cases, dog bites can result in permanent scars, and a victim may also experience emotional trauma that affects their ongoing well-being.
Dog bite victims can sometimes be placed in a difficult position, especially if they are attacked by a dog that is owned by a friend or family member. When an attack occurs in a public place, at someone else’s home, or when a dog is in the care of someone other than the animal’s owner, victims may be unsure about their options. By understanding how the personal injury laws in Ohio address dog bites, victims can make sure they take the right steps to receive compensation for their injuries and damages.