17 Aug 2017

Drone Law: Model Aircraft Not Subject to FAA Online Registration Requirement

Business, Tax & Real Estate, Frederick B. Hatton, Legal News, Michelle T. Sundgaard

[caption id="attachment_7082" align="alignright" width="300"] Photo courtesy of Flickr[/caption] In 2015, the Federal Aviation Administration (“FAA”) adopted a rule regarding online registration of drones which required that all “small unmanned aircraft” register with the FAA. This rule encompassed all drones, including model aircraft. However, in a recent...

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29 Apr 2014

Conducting Electronic Transactions in Ohio

Paul Zimmer

Frederick B. Hatton, Legal News, Legal News for Businesses, Legal News for Individuals, News

Ohio has adopted the Uniform Electronic Transactions Act (“UETA”) (O.R.C. §§ 1306.01 through 1306.23). Under UETA, a record or signature cannot be denied legal enforceability or effect solely because it is in electronic form. In addition, a contract cannot be denied legal effect or enforceability...

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05 Nov 2013

Cancelling Life Insurance with Outstanding Policy Loan Can Trigger Tax

Jeff Senney

Frederick B. Hatton, Legal News for Individuals, Probate, Estate Planning and Elder Law, Senney Says by Jeff Senney

Life insurance contracts generally receive highly favorable income tax treatment. One of the more important of these benefits is the tax-free inside build-up of cash value in a policy. Not only does the cash value accumulate without tax, but this untaxed cash accumulation may be...

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05 Nov 2013

Considerations for Business Expansion

Paul Zimmer

Frederick B. Hatton, Legal News, Legal News for Businesses, News, Real Estate

There are considerations to be made when you decide to expand your business to an additional location in another state. Some of the key issues to consider are as follows: Business Structure and Registration. – The business can either form a new entity in the new...

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