Indiana adopted a special trust form in 2019- the Legacy Trust. While this new trust form provides important asset protection benefits that did not previously exist under Indiana law, it has also caused some confusion. Many people mistakenly believe that Indiana’s Legacy Trust provides absolute and guaranteed protection of assets placed in the trust, while […]
Can a Same-Sex couple own a home as an Estate by the Entireties?
This is an article that our law firm authored for the Indiana State Bar Association. The article was published in the March 2021 issue of Res Gestae magazine. Forms of Co-Ownership of Real Property Many married couples elect to hold title to real estate as an “Estate by the Entireties,” which is a form of […]
The Truth About Land Trusts- Part Two
This is Part Two of a Two-Part Article on Land Trusts Just Use What the Law Already Provides There is really no substitute to a properly formed and maintained limited liability entity. Whether you choose to form a limited liability company, a corporation, a limited partnership, or a limited liability partnership as part of your […]
The Truth About Land Trusts- Part One
This is the first part of a two-part article on Land Trusts. Question: What Do the Polio Virus & Land Trusts Have in Common? Answer: Neither can be eradicated! Let me preface this article by explaining that I have a legal degree, a law license and 30 years of experience practicing as a licensed lawyer. […]
Are Covenants Not to Compete Enforceable in Indiana?
On a regular basis, certainly several times yearly, the lawyers at GRIFFITH XIDIAS LAW GROUP are asked by a client something like this- “I signed this employment agreement but want to join a competitor (or start my own company). Can my employer enforce this covenant not to compete against me?” And the answer is usually, […]
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 […]
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 […]
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 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 […]
Our Virtual Law Office
Sometimes, you just need an Indiana legal form, without a lawyer’s help. IndianaVirtualLaw is the website name for the virtual law offices of Griffith Law Group LLC, an Indiana law firm. Through our Virtual Law Office, our law firm provides cost-effective and efficient, limited legal services pertaining to Indiana, Immigration, and federal Trademark Law. Limited […]