If you own a business or oversee personnel, you've likely encountered non-compete and non-solicitation clauses. While both aim to safeguard your business interests, they serve distinct purposes. Understanding these differences can help you choose the right protection...
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Indianapolis, Indiana Legal Blog
What tax benefits come with charitable giving?
Charitable giving offers both personal fulfillment and valuable tax benefits. Donations to qualified nonprofits can lower your taxable income and help reduce your tax burden. Understanding these benefits allows you to make the most of your contributions. Federal tax...
How does remarriage affect your existing estate plan in Indiana?
When you remarry, your estate plan may no longer reflect your current wishes. Indiana law may give rights to your new spouse that override what your previous documents say. If you want your estate distributed the way you choose, you need to revisit your plan. Your new...
How do mechanics liens affect Indiana property owners?
Mechanics liens create significant problems for property owners. Contractors, subcontractors, or suppliers can file a lien against a property if they do not receive payment for work or materials. This legal claim blocks selling or refinancing until the owner pays the...
How can businesses draft enforceable non-compete agreements?
Non-compete agreements help businesses protect their interests by limiting former employees from working with competitors for a set time. However, courts may refuse to enforce agreements that are too restrictive. To create an enforceable non-compete agreement,...
What are the common mistakes to avoid when selecting a trustee?
A trustee plays a critical role in managing a trust and ensuring that assets are distributed according to the terms set by the grantor. Choosing the wrong trustee can create financial and legal issues that may harm beneficiaries. Avoiding common mistakes can help...
How does climate change affect real estate values?
Stronger storms bring flooding, erosion, and damage to homes in coastal areas. People looking to buy or invest in these places often think twice because insurance costs keep rising. Many banks now require flood insurance, which adds to the cost of owning a home....
Preparing for a business tax audit
Running a business means keeping track of finances, including taxes. If the Indiana Department of Revenue (DOR) selects your business for an audit, preparation can make the process smoother. Knowing what to expect helps you stay organized and compliant. Gather...
How can small businesses manage tax liabilities?
Taxes can take a big bite out of your business profits if you’re not careful. Managing tax liabilities effectively helps you avoid surprises and keeps more money in your pocket. A smart approach to tax planning ensures you stay compliant while reducing what you owe....
Should you include your children in your estate planning process?
Estate planning involves important decisions about your assets and your family’s future. Including your children in this process can offer clarity, prevent misunderstandings, and help ensure your wishes are respected. Benefits of including your children Discussing...