Think about how much digital data you have accumulated in just the past few years? It’s mind-dumbing. We all have various forms and amounts of digital data such as Facebook, LinkedIN, and other social media sites, photos, passwords, usernames, etc., etc., etc. See a longer list below. Over the next many years, you’re highly likely […]
Should I Form an S-Corp or LLC for My Business?
Launching a new business venture can be a time-consuming and nerve-racking experience. Whether you are a solopreneur, have a business partner or are part of a group forming a start-up, you are going to have many choices and decisions to make. One of the first business decisions you will confront, once you have committed to […]
Your Estate Plan and The Effects of the New Tax Law
On December 22, 2017, the Tax Cuts and Jobs Act of 2017 was signed into law by President Trump. This new law has a number of implications for estate plans, but the most notable is the doubling of the Gift and Generation Skipping Transfer Tax (“GST”) Exemptions. Effective on January 1, 2018, the new law […]
The Series LLC for Real Estate Deals
This is the second article we have authored about the Indiana Series LLC, which remains a relatively new business structure, having just become available on January 1, 2017. While the rules, regulations, processes and law on this new business model are incomplete and not yet fully decided, the law governing the Series LLC is developing […]
Indiana’s SAFE Act Rules
Q- Can an investor sell upto but not exceeding 5 properties on contract without a license? A- Yes, in Indiana, as of 2012. 5 is fine. 6 is prohibited. In response to the August 2011, federal changes to the HUD SAFE Act rules, Indiana changed its rules. Additionally, the Indiana General Assembly changed the Indiana […]
5 Essential Lease Terms
If you are a landlord or property manager, your lease is a critical component of your business operations. You should be careful not to rely on pre-printed leases or downloaded forms. Standardized lease agreements are not guaranteed to fit your particular needs, and what may work in California may not be enforceable in Indiana. As […]
Indiana Series LLC- Myths and Realities
UPDATE: We have posted a more detailed analysis of the Series LLC for real estate investments/deals. You can read that article HERE. The Indiana Series LLC is so new that the rules, regulations, processes and law on this new business model are incomplete and undecided. Because Indiana only adopted a law permitting the Series LLC […]
DO I NEED A REAL ESTATE LICENSE
Certain activities involving real estate DO require a license. The question is what activities performed by whom. In order to determine when and for whom a license is required, we turn to state statutory law. Because I only practice law in Indiana, I’ll use Indiana’s statutory scheme as an example. Research the statutory law in […]
5 Reasons Why You Should NOT Use the Internet as a Substitute for an Experienced Lawyer
A few times each month, the attorneys at GRIFFITH LAW GROUP must explain to a client that the blog article the client read on the Internet inaccurately describes the law as it applies to that client, or that the blog article or e-Book fails to address all the elements of a claim or defense, and […]
Transfer on Death Deeds in Indiana
In 2009, Indiana passed the Transfer on Death Property Act, which gave Indiana real property owners the ability to designate (but not complete) the transfer of real property to a beneficiary upon the owner’s death without the need for the probate process. The owner retains absolute control of the property during his or her lifetime. […]