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 […]
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. […]
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 […]