For many business owners in Indiana, their employees play an invaluable role in seeing that they are able to successfully reach their goals and effectively serve their customers. Employees are the detailed parts of the machine that are overall responsible for keeping the entire endeavor moving forward. Companies that are committed to helping their employees recognize their value and feel their value, may be more effective at reducing costly legal problems.
Indiana is full of family farms. In fact, the Hoosier state has more than 50,000 family-owned farms. Even in the 21st century, many family farms are passed down from one generation to the next. So, it’s crucial that farmers have a good estate plan and succession plan so that those who want to keep up the family tradition of farming get ownership of that land.
When it comes to selling, buying or leasing real estate (residential or commercial), there are many challenges that people may encounter. Sometimes, these transactions result in unexpected hurdles, such as a disagreement. In some instances, seemingly minor disagreements may lead to much larger disputes and even legal action. Whether you are buying a family home, looking for commercial property for your business or leasing residential property, it is vital to do everything in your power to resolve a dispute successfully. For some people in Indiana, these disputes can become very costly, time-consuming and stressful.
Business owners face countless challenges every single day, such as issues involving customers, seasonal business fluctuation, disagreements with business partners and all sorts of financial concerns related to running a business. For some business owners, disputes involving staff members arise, and these can be especially tough to handle. Whether your business is accused of wrongdoing due to wage and hour violations (denied overtime, etc.), or you have been accused of discriminating against a job applicant or an employee, these disputes can be incredibly tough to deal with. Furthermore, the consequences can disrupt your business in many ways.
One of the main purposes of estate planning is to avoid contention amongst your beneficiaries once you are gone. With your wishes clearly stated in your estate planning documents, how can one even think to challenge them? As many of those that our team here at Dale & Eke have worked with in the past can attest to, beneficiaries often have a way of questioning what a decedent's actual desires were when writing their wills. To avoid the potential for any dispute arising amongst the family and friends you name in your will, some might encourage you to include a no-contest clause. Yet is such a clause enforceable?