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Tax Issues When Selling Or Transferring Real Estate
Michigan has some unique tax provisions which can negatively impact the sale, transfer, and/or purchase of real estate. Being aware of these rules...
What is a board of directors all about?
In Michigan, corporations (including non-profits) are required to have a board of directors. The board is...
Purchasing Intellectual Property
Asometimes overlooked part of a business transaction is the sale of intellectual property rights. Specifically, any trademarks, service-marks,...
Michigan Adopts Domestic Asset Protection Trusts
On December 8, 2016, Michigan signed into law two bills that allow the creation of Domestic Asset Protection Trusts (DAPT). The law goes into effect...
Utilizing Business Agreements As A Deterrent To Lawsuits And As An Offensive Weapon
Despite the inherent usefulness of service agreements and/or purchase agreements in memorializing the terms of a transaction between businesses...
Protecting Yourself in Residential Real Estate Transactions
When selling or purchasing a new home, individuals often do not think to hire an attorney to assist with the transaction and review the key legal...
The Elimination of Dower Rights in Michigan
Michigan recently repealed widow’s dower rights going forward after a long history of granting dower to widows. The concept of dower rights dates...
Should You Be Concerned With The Impact Of The Allard Decision On Prenuptial Agreements?
On January 31, 2017, the Michigan Court of Appeals issued an opinion in Allard v. Allard (Allard III) that seemed to have a dramatic impact on the...
Tax Reform – What Will It Mean To You?
The White House first released its proposed Tax Reform Plan in April, 2017. The initial release was one page and short on details. Following that,...