by williamsandknack | Nov 25, 2021 | Uncategorized
Some of the most common questions we receive from estate planning clients are regarding which assets should be owned by or payable to their Revocable Living Trust. The process of transferring assets into a Revocable Living Trust during life or upon death is known as...
by williamsandknack | Nov 25, 2021 | Uncategorized
Many business owners seek to form a formal business entity for the primary purpose of protecting their personal assets from any future legal claims there may be against their business. Although forming a corporation or a limited liability company (“LLC”) is surely a...
by williamsandknack | Nov 25, 2021 | Uncategorized
Michigan has some unique tax provisions which can negatively impact the sale, transfer, and/or purchase of real estate. Being aware of these rules is important when making decisions with regard to selling, purchasing, and gifting real estate in Michigan.In addition,...
by williamsandknack | Nov 25, 2021 | Uncategorized
In Michigan, corporations (including non-profits) are required to have a board of directors. The board is responsible for overseeing the affairs and activities of the company or organization. The board of directors is elected by the shareholders of a corporation,...
by williamsandknack | Nov 25, 2021 | Uncategorized
Asometimes overlooked part of a business transaction is the sale of intellectual property rights. Specifically, any trademarks, service-marks, patents, and copyrights that a business owns need to be handled properly in the sale of the business. Unfortunately, some of...
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