by hoodlawkc | Estate Planning
You may be familiar with traditional estate planning techniques like establishing a revocable trust or executing durable powers of attorney for property or healthcare decisions. These are extremely important documents and we would be happy to assist you with any...
by hoodlawkc | Probate, Estate Planning
Frequently, people die who have done no estate planning, or their estate planning did not fit their various situations. Because of this, they may have been unsuccessful in achieving one of the chief goals of estate planning: the avoidance of probate. Probate can be...
by hoodlawkc | Business Planning
It may be surprising to many ordinary people, but an IRA can legally own real estate and a lot of other alternative investments, too, ranging from private equity and promissory notes to gold, oil and gas and cattle (It can’t own insurance, collectibles or stock...
by hoodlawkc | Business Planning
If you have financial authority or even just signature authority over a foreign bank or financial account, you may be required to make an annual report of it to the Department of the Treasury. Failure to do so can result in extremely onerous penalties you’ll want to...
by hoodlawkc | Business Planning
In our continuing effort to keep you up to date on the latest in business law, today we bring you another installment in our series on cutting-edge business entities. This time: the low-profit limited liability company, or L3C. You can find our previous blog post on...
by hoodlawkc | Business Planning
Business entity law is constantly evolving, with the next great innovation seemingly always on the horizon. The most recent innovation has been the “series LLC”. This new type of entity allows business owners to capture many of the benefits of traditional LLCs in a...
