Forming an Indiana partnership is often an ideal way to strengthen a business. Unfortunately, if one or more partners breach a contract, misuse funds, or fail in their fiduciary duties, it may jeopardize the company. According to the Indiana Secretary of State,...
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Indianapolis, Indiana Legal Blog
How business succession fits into an estate plan
Some family-run businesses may not give much thought to succession planning. Many proprietors assume that after they die, their heirs will simply take over and manage things. As reported by The Business Journals, approximately 60% of owners surveyed disclosed they...
Real estate investment ideas
Anyone who invests in real estate can tell you, a lot of thought goes into picking the right investment. Things like location, potential and the cost of repairs will all contribute to whether or not a certain property makes sense. If you are getting started in real...
The impact of false allegations of discrimination
Whether you run a large corporation or a smaller firm, discrimination charges pose a serious threat to multiple facets of your company if they arise. In fact, the U.S. Equal Employment Opportunity Commission reports that employers face damages for a number of reasons,...
What Special Estate Considerations Do Farms Have?
Running and operating a family farm requires a commitment that few people are willing to undergo. Whether you're raising livestock, growing small grains or producing vegetables, nature doesn't take your plans into account. The long-term goals for your farm could take...
What may prevent a small business from getting insurance?
Virtually every type of business needs insurance to protect its operations. Without adequate insurance coverage, any type of liability exposure or loss could have disastrous consequences for a traditional corporation or an LLC. Not all businesses will be able to...
Liability for sole proprietors
When it comes to establishing a business entity, it is important to understand the tax implications each entity assumes. Not only will this dictate how business owners should file their taxes at the end of the year, but it will also help determine the best ways to set...
What steps would I take to form a nonprofit corporation?
If you plan to form a nonprofit corporation in Indiana, or if you plan to incorporate a nonprofit you already own, the law requires you to take certain steps. These steps are similar to those for any other business entity, but there are specific requirements for...
What should your estate plan include?
There is a widely believed misconception that you only need to worry about an estate plan when you are older or when you have a lot of wealth. Throughout your life, you will have different requirements for your estate plan. However, U.S. News discusses which part of...
How should you buy a foreclosure?
Buying your home is the dream for a lot of people. If you are in the market for a new home, you may see homes with prices that seem too good to be true. Often, they are true and they may just be foreclosures. Foreclosures are homes owned by the bank because the...

