Before signing commercial lease agreements, Indiana business owners may discuss tenancy options with a potential landlord. Forbes notes that a commercial lease could last between three and ten years; a contract may also lock in the monthly rental amount for its...
Indianapolis, Indiana Legal Blog
What does an LLC designation do for you?
Starting a business may afford you the chance to run things your way, but before launch, you have to develop a solid plan for legal incorporation. A popular classification for new business ventures is the limited liability company or LLC. While the IRS sets out...
Avoiding worker misclassification in your business
Worker misclassification is an easy mistake to make if you are running a small and close-knit business. Even if you do not intend to take advantage of your team members, you may be overlooking some of their rights. Worker misclassification is when an employer...
Who should be your special needs trustee?
If one of your relatives has a disability or other special needs that make it difficult to work, he or she may have a hard time existing as an adult. Fortunately, government programs often provide meaningful benefits to those who cannot support themselves financially....
Is a trust beneficial to your family?
Even though it is not pleasant to consider your death, creating an estate plan can help your family through a difficult time. A prominent issue after a loved one's death is access to money during probate. Since the court process may take a few months, your money and...
Should you give assets to a loved one who has a disability?
Dealing with an illness or injury can be challenging. If you have a loved one who has a disability, you may want to give cash or other assets to him or her. After all, while money does not buy happiness, it can make life easier for those who have disabilities. As you...
When may I add a business continuity plan to my estate documents?
An unexpected accident or medical emergency could result in a business losing an owner or a partner. If your organization relies on an individual’s skills, its business relationships may deteriorate after an illness or a death. As noted by Kiplinger’s Personal...
What are some common real estate contingencies?
Buying a home is a major investment, so you want to rest assured the property you choose meets your expectations. One way to do so is through real estate contingencies, which are clauses that offer protection for certain conditions and circumstances. Contingencies...
3 legal entities to consider establishing for your business
Establishing a legal entity under which to operate your business can help you limit your personal liability for business debts and allow you to take advantage of certain tax benefits. Here are three common types of business entities to consider launching if you seek...
Choosing a health care representative
Naming health care representatives may give people peace of mind that, even if they cannot speak or make decisions for themselves, choices relating to their care will get made based on their preferences and values. Without warning, serious illnesses or injuries leave...