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Over the past several weeks, Ohio property owners have received written notices of their new property values for tax year 2023 from their county auditor’s office.
Twenty-six local philanthropists were recently honored at the Greater Cincinnati Planned Giving Council’s 25th Annual Voices of Giving Awards for their generous planned gifts to 17 local causes. The Jewish Federation of Cincinnati and Jewish Cemeteries of Greater Cincinnati were thrilled to honor three of their community members, including Strauss Troy Senior Attorney, Jim Heldman, and his wife, Wendy Saunders.
For the past 15 years, Strauss Troy has participated in the Summer Work Experience in Law (SWEL) program. SWEL is an eight-week program that operates from approximately mid-June through early August that helps African American students make an informed decision when it comes to entering law school and the legal profession. SWEL sets the stage for each scholar’s own self-discovery by exposing them to the inherent opportunities and challenges of practicing law through summer work experiences, coaching and networking.This summer we welcome our intern, Jules Hamilton.
The formation of a limited liability company (LLC) is a common legal tool, and for good reason. LLCs provide valuable legal protections to their owners, referred to as “members,” by separating the members’ personal assets from the liabilities and legal obligations of the LLC. Although LLCs can be valuable legal tools, if they are not managed properly, they can cause more harm than good.
In the ever-evolving cat-and-mouse game of computer scams, the latest iteration may be the most sophisticated and nefarious. According to the FBI, Americans lost $10.3 billion to internet fraud in 2022. An increasing percentage of that loss arises from what law enforcement calls business email compromise (BEC) or email account compromise (EAC) fraud.
Ohio recognizes legal doctrines that can give you ownership or a right to use or access another’s property without an explicit agreement between you and the other property owner. The doctrines that can provide ownership of another’s property are: adverse possession, acquiescence, and estoppel. Another doctrine, prescription (also called a prescriptive easement), allows you to use or access another’s property without obtaining actual ownership. In considering the differences between these doctrines, it is important to determine whether you seek ownership of use/access to a certain property.
On March 23, 2023, Ohio Senate Bill 210 was signed into law. This law allows for married couples to enter into a postnuptial agreement or modify or revoke an existing prenuptial agreement. Prenuptial and postnuptial agreements can be used to define marital rights and the rights of either spouse upon divorce or death.
Jessica L. Beauchamp of Strauss Troy has recently been accepted as a Fellow in the American Academy of Matrimonial Lawyers (AAML) for her outstanding achievements in Family Law. AAML Fellows are some of the most prestigious and well-respected Family Lawyers in the U.S. AAML is the leader in Family Law continuing education, publications, networking and training.
Last December, Congress passed the SECURE 2.0 Act, a massive piece of legislation with many provisions affecting retirement plans. Some become effective in 2023 and others in later years, with regulations to come further explaining how these new laws will be put into practice.
Cybersecurity breaches cost companies millions of dollars each year in both direct and indirect cost. Make sure your company is prepared.
A company’s response and preparation for a data breach can affect both civil and regulatory liability. Is your company prepared?
Cybersecurity breaches are becoming more and more common in a remote work world. Is your company prepared with an incident response plan?