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Cincinnati Law Blog

Amazon-Whole Foods deal meets a business need on both sides

In any business deal between equals, you would assume that each side is getting something it wants and bargained for. Nevertheless, you often see a power differential that makes a deal seem lopsided.

The recent announcement that online retailer Amazon is buying Whole Foods Market Inc., "sent shock waves through the grocery industry," according to the Courthouse News Service. The move signals a dramatic shift for Amazon, which already offers some grocery items online but which has not operated brick-and-mortar grocery stores in the past.

Working through a trust dispute

When people create a trust, they typically hope that their trust will be helpful for those who are close to them, and that their assets will be split up among beneficiaries appropriately. At Buechner Haffer Meyers & Koenig Co., our law firm knows that this does not always happen in Cincinatti, and in cities across the state of Ohio. There are a number of reasons why trust disputes arise, such as disagreeents with the way in which assets are distributed to beneficiaries or as a result of a trustee not understanding his or her duties. Regardless of the reason why a dispute comes up, working through the situation properly is paramount.

If you are involved in a trust dispute, or believe that a dispute is just around the corner, you should try to do what you can to reduce conflict. Sadly, these disputes can turn family members against one another, which can make life even harder for families who are struggling with the recent loss of their loved one. At the same time, if you believe that your rights have been violated, or that you have been falsely accused of wrongdoing, you should not be afraid to stand up for yourself.

2016 EEOC enforcement data shows an increase in workplace discrimination charges, a reduction in litigation and monetary recovery, and a focus on LGBT concerns

Every year, the United States Equal Employment Opportunity Commission (EEOC) provides data outlining the charges of workplace discrimination that it receives, the number of suits it filed and resolved along with monetary recovery for the charge claimants, and its particular area of investigative or compliance focus for the next year. Recently, EEOC released its Fiscal Year 2016 Enforcement and Litigation Data summarizing its 2016 efforts and its 2017 focus. 

Engaged in a probate dispute? Have you considered mediation?

"Litigation rarely heals differences or promotes understanding," points out Jay Folberg, University of San Francisco School of Law professor and author of numerous books on alternative dispute resolution.

He's right. Moreover, will contests and other disputes between family members are even less likely to be healing. Yet there are often quite good reasons to dispute the disposition of an estate:

The Madeira & Indian Hill Fire Company - A message from the president

HISTORY IN THE MAKING: This is an exciting time for the Madeira and Indian Hill Fire District. The new Madeira Station at the corner of Euclid and Miami was completed in the summer of 2016
Read More The Madeira & Indian Hill Fire Company -A message from the president

Powers of attorney can smooth the way toward financial security

John L. died of cancer at age 57. Luckily for his 51 year-old wife Erika, they had prepared in advance. They had put together a customized estate plan to give Erika the authority she needed to use their money and property while probate was still pending.

"We had everything in place," said Erika. "I had no idea how to do any of this." The preparation had paid off -- she understood her financial situation and had the authority to act right away. John had a will and had put in place powers of attorney for finances and healthcare.

Prince estate sues to block release of new EP 'Deliverance'

When internationally famous artist Prince was set to release a new EP on the anniversary of his own death, it took everyone by surprise. Fans were elated, but that elation would turn to disappointment within a day of the announcement. The EP, containing a new song called "Deliverance," wasn't to be released after all.

A former Prince sound engineer with access to the original recordings had produced the EP. According to a lawsuit filed by Prince's estate representative, Comerica Bank & Trust, and his production company, Paisley Park Enterprises, the sound engineer worked on the song with Prince in 2006 but it was never released.

Proxy fight can be effective check against bad board of directors

What can you do when you have a bad board? It's a serious question. One major purpose of a board of directors is to provide effective oversight. That might mean ensuring that corporate leadership makes good choices, and it always means ensuring the corporation is in compliance with the law.

When a board fails to provide effective oversight of corporate activities, it can affect profitability or result in regulatory action. In some cases, it can lead to criminal penalties against the company. Yet it often seems that the penalties regulators and prosecutors are able to impose aren't enough to change corporate behavior.

Americans die with an average debt of $61,554. What happens next?

What happens when someone dies still owing a substantial amount of money? It's a really important question -- and a lot of us wrongly assume we know the answer.

Unfortunately, not knowing what happens to debt after death has left a lot of people in jeopardy of losing substantial amounts of money to scam artists. Far too often, an obituary in the newspaper results in unlawful efforts to collect the deceased person's debts from their surviving relatives. Except in very unusual circumstances, a deceased person's debts are resolved through the probate process and their relatives are not responsible for them.

Why millennials need to think about estate planning

Too many people make the mistake of thinking that estate planning is only something you need to do when you are getting close to retirement. In fact, according to a recent survey by Caring.com, a whopping 78 percent of people under the age of 36 do not have a will or trust in place.

Even though roughly 81 percent of people have a will in place by the time they are 72 or older, not having an estate plan when you are younger can be an unfortunate oversight for a few different reasons.

Buechner Haffer Meyers & Koenig Co., LPA

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