Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

Dale & Eke - Business Attorney
A Professional Corporation of Attorneys at Law

How do you include a business in an Indiana estate plan?

If you own a small or medium business in Indiana, then you probably have some concerns as to how it should factor into your estate plan. There would probably be two major categories of considerations you would have to make: the future leadership of your company and the allocation of its assets.

Because other people’s lives and livelihoods are likely involved with these decisions, they may not be as simple as the choices you make about your personal property. You may have to consider not only your own family’s wishes but also what is best for the future of the company as a whole.

Depending on the ownership structure of your business, you might not have much work to do — in terms of your estate plan, at least — when it comes to redistributing the assets of the company. As explained on FindLaw, in the event you are a sole proprietor, assets intertwined with the operations of your business could require personal attention. However, corporations could behave differently, as you may be distributing securities rather than real and personal property.

Transferring the leadership of your company may be as simple as bestowing all of its assets onto one of your heirs. In more formal structures, you may have to renegotiate partnership contracts or perform other tasks to craft a complete business succession plan. 

Ensuring the future profitability of your business while considering the happiness of your family is no easy matter. Your plan should be based on the economic, legal and even the emotional realities of your unique situation. Even so, there could be some relatively simple and efficient solutions to your issues. In any case, please do not view this is legal advice. It is only meant to inform you about the general subject.