Small business owners often make the mistake of “co-mingling” business and personal finances. For example, small business owners frequently will use a single credit card to make both personal and business purchases. Or, a small business owner might pay a personal debt with a business bank account check, or vice versa. While these transactions may […]
A Checklist for Maintaining Your Corporate Veil
We were recently asked to start writing articles for LegalZoom on important real estate, estate planning, and business law topics. Below is a link to an article we wrote regarding the importance and ways of maintaining the “corporate veil” of a limited liability entity, such as a corporation, LLC, Limited Partnership or Limited Liability Partnership. […]
5 Reasons Why We (Attorneys) Love LLCs
The attorneys at GRIFFITH LAW GROUP form limited liability companies (LLC) more often than we form any other entity, because of the flexibility afforded by the LLC. An LLC is not always the best entity choice for our clients, and there are limited circumstances when a different entity structure would be better. However, as a […]
Is Indiana the Best State in Which to Form my Business?
A couple times each month, we are asked by a client whether it is better to form a Delaware corporation, or a Nevada LLC, rather than an Indiana entity. Here is a common Q & A we experience when helping a client chose a state in which to form a new business entity. CLIENT: I […]
Estate by the Entireties
One simple and highly effective tool for estate planning and asset protection that is often overlooked is the Estate by the Entireties. Indiana is one of just a few states that still recognizes the estate by the entireties. Indiana law outlines the specific instances in which this type of ownership can be utilized. What is […]