Our inaugural "Brewing Business Success" webinar held on May 22, 2024. In this 30-minute caffeinated conversation attorney Mike Schauer explores the implications of the recent Federal Trade ...

The Calm Among the Storm – In each post of this blog series, Schneider Bell attorney Veronica Garofoli answers a real question she sees from families, fiduciaries, financial advisors, and CPAs — focused on the moments when a situation first becomes unstable, and what actually protects people under Ohio probate and trust law.

The Federal Trade Commission (FTC) proposed a rule in January 2023 that could have a lasting impact on employment contracts. As proposed, the rule would render noncompete clauses invalid and unenforceable...

Real estate valuation plays a crucial role in many mergers and acquisitions ("M&A"), especially when real estate assets may represent a significant portion of a target company's value.

The Calm Among the Storm – In each post of this blog series, Schneider Bell attorney Veronica Garofoli answers a real question she sees from families, fiduciaries, financial advisors, and CPAs — focused on the moments when a situation first becomes unstable, and what actually protects people under Ohio probate and trust law.

The Calm Among the Storm – In each post of this blog series, Schneider Bell attorney Veronica Garofoli answers a real question she sees from families, fiduciaries, financial advisors, and CPAs — focused on the moments when a situation first becomes unstable, and what actually protects people under Ohio probate and trust law.

Selling a company is one of the most difficult decisions a business owner can make. The process is complex, takes a considerable amount of time and requires strategic planning.

Each year, a person may gift thousands of dollars to as many different persons as that person desires, without triggering U.S. gift tax...

The Calm Among the Storm – In each post of this blog series, Schneider Bell attorney Veronica Garofoli answers a real question she sees from families, fiduciaries, financial advisors, and CPAs — focused on the moments when a situation first becomes unstable, and what actually protects people under Ohio probate and trust law.

As an entrepreneur, building a successful manufacturing business and raising several children who achieved their own success can seem like the fulfillment of the American Dream. It can also present significant estate and succession planning challenges.

Something labeled “defective” usually does not work properly. The intentionally “defective” grantor trust, or “IDGT,” however, is a proven workhorse for tax-efficient business succession planning. A carefully planned and executed IDGT transaction enables business owners to transfer significant value in trust for the benefit of younger generations, with remarkable tax efficiency, while retaining control over the business. Two seemingly contradictory tax attributes of the IDGT underlie its tax efficiency.

Beyond the worldwide musical contributions of Aretha Franklin, the "Queen of Soul" left behind an ambiguous estate plan when she passed away in 2018.

Over the last decade, the use of Artificial Intelligence ("AI") has enhanced our lives in many ways.

Towards the end of 2023, the Office of Chief Counsel at the IRS issued a memorandum — CCA 202352018 — in which it concluded that modifying an irrevocable grantor trust to include a tax reimbursement clause constitutes a taxable gift by the beneficiaries.

Wadsworth involved a lawyer using artificial intelligence to draft a motion in limine. However, the cases cited within the motion did not exist.

What is family law arbitration? The concept of arbitration is ancient.

A cosmic shift occurred on March 16, 2021, when Governor DeWine signed Ohio Senate Bill 13.

In 1987, a Plain Dealer delivery boy received a $10,000 Christmas "tip" from an elderly customer.

The FTC passed its long-awaited final rule banning non-competes (the "Rule") yesterday, April 23rd.

The Corporate Transparency Act (CTA), signed into law on January 1, 2021, is a response to growing concerns over the use of anonymous shell companies for illegal purposes...