Incapacity Plan: What is it and why you need it
Post

Incapacity Plan: What is it and why you need it

While his life’s work was all about making people laugh, the last years of legendary actor and comedian Groucho Marx were anything but pleasant. While he had a will, Marx did not plan for incapacity. As a result, his partner and children fought for years over the right to make decisions regarding his finances and...

Business Matters that Business Lawyers Can Do for SMBs
Post

Business Matters that Business Lawyers Can Do for SMBs

There is a common misconception that small businesses don’t need an attorney; that there are not enough legal-related matters going on for a business lawyer to see to. If there are matters for which a business owner needs legal advice, they can just consult an attorney or a fellow entrepreneur who has encountered the same...

Licensing Requirements for Adopting Kids in Indiana
Post

Licensing Requirements for Adopting Kids in Indiana

Adoption rate in Indiana is higher in the last three years than it has been since 2009 (based on the available data from Indiana Department of Child Services). Since 2018, the number of adoptions crossed the 2,000 mark. Last year, Indiana DCS granted 2,317 adoptions — only 89 adoptions short of 2019. Indiana ranks highest...

The Dangers of DIY Estate Planning: Why An Estate Attorney Is Necessary
Post

The Dangers of DIY Estate Planning: Why An Estate Attorney Is Necessary

Wills and testaments are necessary for ensuring that the wealth of a person who has passed away is allocated according to his or her wishes. Unfortunately, two out of three adults in the country don’t even have estate planning documents on hand. Only 28 percent of people over the age of 55 are motivated to...

Succession Planning: 4 Steps to a Lasting Legacy
Post

Succession Planning: 4 Steps to a Lasting Legacy

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...

Things a Family Lawyer Can Do for You
Post

Things a Family Lawyer Can Do for You

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...

How to Choose a Business Structure for Your Startup
Post

How to Choose a Business Structure for Your Startup

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...

5 Reasons Why You Need a Mergers and Acquisitions Attorney
Post

5 Reasons Why You Need a Mergers and Acquisitions Attorney

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...