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Understanding Estate Planning Basics

Understanding Estate Planning Basics

Estate planning is crucial for ensuring that your assets are managed and distributed according to your wishes after you pass away. This blog outlines the fundamental aspects of estate planning, from essential documents to strategies for minimizing taxes and protecting...

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4 Essential Business Law Tips Every Entrepreneur Should Know

4 Essential Business Law Tips Every Entrepreneur Should Know

Understanding business law is crucial for entrepreneurs embarking on their startup journey. Legal knowledge not only protects your business interests but also fosters growth by ensuring compliance with regulations and minimizing risks. Here are four essential business...

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How to Prepare for a Custody Hearing?

How to Prepare for a Custody Hearing?

Custody battles can be emotionally challenging and legally intricate experiences for all parties involved. The outcome of a custody hearing can have a profound impact on the lives of parents and their children.  To help you navigate this complex process, Reeder Murphy...

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7 Steps to Buying an Existing Business

7 Steps to Buying an Existing Business

Entering the world of entrepreneurship can be an exciting endeavor, and buying an existing business offers a unique opportunity to start with an advantage. By acquiring an established business, there are many benefits you can enjoy right from the moment of purchase....

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Why Should You Hire a Tax Pro?

Why Should You Hire a Tax Pro?

When the tax season approaches, many people are often torn between filing their own taxes or seeking the help of a tax professional. In some instances, preparing your own tax returns makes sense. For example, if you only have one W-2 and no deductions, your tax...

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Tips for Drafting a New Business Contract

Tips for Drafting a New Business Contract

Contracts are essential to the operation of your business. They provide a legally binding framework for vendors, customers, and clients as you seek to build revenue. Business contracts also define your relationships with other entities or individuals when you buy...

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Estate and Gift Tax Changes

Estate and Gift Tax Changes

What are the Estate and Gift Tax Changes in 2023? Estate and gift taxes are imposed on property transfers made during a person's lifetime and at death. Such levies are collected by the federal government and many individual states, although Michigan does not, and the...

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What to Know About Michigan Planning Law

What to Know About Michigan Planning Law

When the term "estate planning" comes up, the first thing that comes to mind is a Last Will and Testament. It is the most commonly known document in estate planning. However, estate planning extends beyond just having a Will in place. Your real estate holdings,...

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