Ohio Securities Law Questions & Answers

Q: Borrowe $75M from sister When repaid does she owe IRS No interest paid

1 Answer | Asked in Real Estate Law, Securities Law and Tax Law for Ohio on
Answered on Dec 22, 2017
Joseph Jaap's answer
The IRS can impute interest to a loan, even if no interest is charged or paid to the lender, and tax might be owned on that amount of imputed interest. Ask a tax advisor.

Q: Can a landlord legally ask a tenant for more money after withholding a security deposit on a rental agreement?

1 Answer | Asked in Landlord - Tenant and Securities Law for Ohio on
Answered on Dec 4, 2017
Joseph Jaap's answer
You can request receipts. But if you don't pay, the landlord could sue you for the repair amount in small claims court if under $6000, and you could then go to court and dispute the amount the landlord claims. But the landlord might not sue, and instead could make an adverse entry on your credit report, lowering your credit score and making it more difficult to rent from a landlord who checks your credit. So you might consider working it out.

Q: How can I freeze my mom bank accounts?

1 Answer | Asked in Banking, Civil Litigation, Probate and Securities Law for Ohio on
Answered on Apr 26, 2017
Kenneth V Zichi's answer
1) Not having a will doesn't mean you don't have to go through probate. Indeed, it likely means you WILL have to go through probate.

2) Simply inform the banks your mother has died, and call the credit card companies with the same information. They will freeze the account automatically until someone is appointed by the Court to act for the Estate.

3) and most importantly, hire a local probate attorney.

Do that yesterday.

You need legal representation...

Q: Can I take the justice system to court?

1 Answer | Asked in Criminal Law, Civil Rights, Constitutional Law and Securities Law for Ohio on
Answered on Jul 6, 2016
Matthew Williams' answer
You will not be able to successfully sue the FBI or Justice Department because they declined to prosecute Hillary. Law enforcement and prosecutors make decisions every day about which cases to pursue and which to decline. The concept of prosecutorial discretion has a long history in our legal system as a tool allocate resources. Sometimes that means a criminal walks.

Q: My father died 11/13/2014. How do I redeem his GM stock

1 Answer | Asked in Securities Law for Ohio on
Answered on Nov 8, 2015
Terrence H Thorgaard's answer
Your father's personal representative (appointed by the probate court) should contact GM.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.