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 […]
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 […]
Transferring Money to and from Your LLC
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 […]
LLC or CORPORATION – Selecting the Right
So you decided to start a new business. Now what? Your business should be operated as a limited liability entity to protect your personal assets. That is the central reason to form a business entity. One of the first and most important decisions you now face is deciding what form of business entity to own […]