Indiana House Bill 1495 (2019 Session) made its way to a Conference Committee, but the Committee Report was rejected by the Senate on a 30 to 19 vote. HB 1495 would have unnecessarily restricted the use of land contracts, when the buyer intended to use a home as the buyer’s principal dwelling. In fact, this […]
About Griffith Xidias Law Group
Buy-Sell Agreements for Business Partners
Every business or professional relationship you have today or will ever have will eventually end. Businesses fail. Partners move on to other interests. A business partner might become ill or even pass away. Other businesses are sold or merge into bigger companies. It is inevitable that business partnerships end. Thus, it only makes sense to […]
REAL ESTATE ACQUISITIONS AND SALES
Home purchases typically represent the most significant investment people will make in their lifetime. Therefore, it is important to consult a knowledgeable real estate attorney to help protect your interests in the purchase process. It is equally important to consult an attorney if you selling a property. One of the services real estate attorneys provide […]
WHO WILL INHERIT YOUR FACEBOOK PAGE (& OTHER DIGITAL DATA)?
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 […]