Your business is more than its product or service. People build companies based on shared values and standards. There’s a certain feeling and mindset that people enter into when they use your product. For instance,...
The term 501(c)(3) is pulled directly from Title 26 of the U.S. Code, referred to as the IRS tax code. These apply to taxes, but there is a specific section dedicated solely to non-profit organizations—which is section...
When you form a company, you should meet with a business law attorney to discuss your different choices for entities. The purpose of doing so is to ensure your personal assets remain separate from your business assets. For...
A will doesn’t prevent your assets from passing through probate. Before we explain why, it is important to note that we are not trying to dissuade you from creating a will. They are precious estate planning tools. The...
Michigan has an anti-lapse statute. When you understand how these work in conjunction with estate planning, you can ensure your assets go to your intended beneficiaries. Additionally, you could prevent your estate from...