Have you been asked to be a Power of Attorney? Do you foresee a situation in your family that may require one? Power of Attorney is a legal document that allows an individual to act as the authority and make decisions on behalf of another person. Let’s look at the various types and benefits of...
According to the US Census Bureau, 90 percent of businesses in the United States are family owned. And they account for more than half of our nation’s employment. This includes farm operations, of which 97 percent are family owned, per the USDA. Surprisingly, it’s estimated that nearly six out of ten family businesses don’t have...
Family lawyers perform a myriad of legal services, from managing estates and enforcing wills to getting things in motion for a divorce proceeding. They handle legal issues that invoke family law, such as prenuptial agreements, child custody, guardianship, and domestic violence. They can also mediate between conflicting family members who decide to settle their differences...
Starting a new business is exciting but can be a confusing process. There are numerous decisions to be made when planning to launch and one of the first is determining the legal structure. Choosing the business type is important as it effects operations, taxes, the amount of paperwork to be filed, and how much personal...
Mergers and acquisitions are often good for small businesses. They can get more resources for production and product development and benefit from the leadership of experienced businessmen (presumably from the older, more established company). Still, such agreements are risky considering the large assets at stake. Both sides must agree on the distribution of labor and...
“My spouse has hired a divorce attorney. Should I also have one?” is a common question we get asked at Taylor Chadd Minnette Schneider & Clutter PC. Our simple answer is yes: you do need to have a divorce attorney by your side. Divorces can proceed without the involvement of lawyers. It is recommended, however,...
Contrary to a surprising popular belief, estate planning is not just for the wealthy. Virtually every person has an estate that they can choose to leave to their loved ones when they pass away. Estate planning is just a means to make sure that process stays clear and seamless for all parties involved. Sadly, 57...
As we enter a new decade, a diverse range of new state and federal laws is now being enforced. Earlier this year, 167 new state laws were approved by the Indiana House and Senate and signed by Gov. Eric Holcomb during the 2020 legislative session. Most of the new statutes enacted by the Republican chief...
Starting a business can equally be exciting and daunting for some. As a new business owner, you probably have a lot of questions right now, including the legal ramifications involved. TCMSC’s commercial lawyers in Crawfordsville has the answers and can help you navigate the complex world of business. Here are five questions you need to...
We hear a lot of talk about felonies and misdemeanors these days and some of you may be wondering what makes up the difference between these terms. Let’s take a quick look at some of the disparities. What is a felony? In general, felonies are the most serious crimes that are committed by individuals, and...
