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MICHIGAN BUSINESS LAWGREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan
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GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan
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MICHIGAN BUSINESS LAW | michiganbusinesslaw.blogspot.com Reviews
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GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan
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MICHIGAN BUSINESS LAW: September 2009
http://michiganbusinesslaw.blogspot.com/2009_09_01_archive.html
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. MICHIGAN SINGLE MEMBER LIMITED LIABILITY COMPANIES. Tuesday, September 1, 2009. Ichigan Limited Liability Companies. But is it a foregone conclusion that every sole proprietor business should become a Single Member LLC? Here are always tax and financial considerations. There are times when corporate, partnership, or other ownership form may create more advantage to the owner tha...
MICHIGAN BUSINESS LAW: June 2009
http://michiganbusinesslaw.blogspot.com/2009_06_01_archive.html
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Understanding How DELEG Treats Business Entities. Wednesday, June 17, 2009. Ronically (to me) while these periodic filings are pretty simple (and more often than not, pre-filled out when sent), I see a lot of clients neglecting the simple chore of signing (ocassionally correcting) and sending them in with their annual fee. Nother area that is often a source of confusion is the use o...
MICHIGAN BUSINESS LAW: Periodic Maintenance for Your Business
http://michiganbusinesslaw.blogspot.com/2012/03/periodic-maintenance-for-your-business.html
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Periodic Maintenance for Your Business. Monday, March 19, 2012. E think nothing of visiting the Dentist every 6 months, and the Doctor for an annual checkup. Likewise, most of us regularly maintain our automobiles. Regular maintenance of your business is every bit as essential. He most important thing to realize is that failure to observe this very simple annual requirement can resu...
MICHIGAN BUSINESS LAW: June 2011
http://michiganbusinesslaw.blogspot.com/2011_06_01_archive.html
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. 8220;Conversion” From a Non-Profit to A For-Profit Corporation. Thursday, June 9, 2011. Can you convert to a for-profit? S always, the proverbial "devil is in the details." If the non-profit was operating and has assets, those assets may not inure to the benefit of any individual and thus, will have to be distributed in accordance with the provisions of the original Articles of ...
MICHIGAN BUSINESS LAW: MICHIGAN SINGLE MEMBER LIMITED LIABILITY COMPANIES
http://michiganbusinesslaw.blogspot.com/2009/09/m-ichigan-limited-liability-companies.html
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. MICHIGAN SINGLE MEMBER LIMITED LIABILITY COMPANIES. Tuesday, September 1, 2009. Ichigan Limited Liability Companies. But is it a foregone conclusion that every sole proprietor business should become a Single Member LLC? Here are always tax and financial considerations. There are times when corporate, partnership, or other ownership form may create more advantage to the owner tha...
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assetprotectionlegal.blogspot.com
MICHIGAN ASSET PROTECTION: April 2010
http://assetprotectionlegal.blogspot.com/2010_04_01_archive.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services througout Mid-Michigan. Friday, April 2, 2010. N today's difficult economic climate, protection of your assets is a legitimate, and important concern. Asset Protection seminars, and " one-size-fits-all" schemes. They are just tools . . . . and tools can be abused. Coupled with an understanding of the Laws applicable to debtors and creditors in the place you live and/or own the assets. Ll states have Law...
michiganestateplanning.blogspot.com
MICHIGAN ESTATE PLANNING: March 2012
http://michiganestateplanning.blogspot.com/2012_03_01_archive.html
Smith Bovill, P.C. National Association of Estate Planning Councils. GREAT LAKES BAY LAWYERS - Smith Bovill, P.C. - Providing quality legal services throughout Mid-Michigan. Some Family Cottage Strategies in Light of the Klooster Case. Mar 19, 2012. S an owner-family, one of the first questions I have clients consider is whether they should even go down that proverbial road? The family cottage should be passed. Nor is it really a road map illustrating. N 2010, the Michigan Supreme Court decided. Erhaps t...
MICHIGAN AGRICULTURE LAW: Effective Estate, Succession and Business Planning for Farmers
http://michiganaglaw.blogspot.com/2012/03/effective-estate-succession-and.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Effective Estate, Succession and Business Planning for Farmers. Monday, March 19, 2012. Amily Farm businesses are unique. Family farming may be the only industry where the owners live and work in the same place. Farm children grow up going to work with their parents every day. Many farm children ultimately become next-generation owners of the business. 8226; Trusts,. 8226; Wills,.
MICHIGAN AGRICULTURE LAW: New Estate Tax Laws Will Benefit Family Farm Succession Planning
http://michiganaglaw.blogspot.com/2010/12/new-estate-tax-laws-will-benefit-family.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. New Estate Tax Laws Will Benefit Family Farm Succession Planning. Saturday, December 25, 2010. Omeone recently asked me if I believe in miracles. I do now! The taxable estate figure (formerly known as "unified credit," now known as "exemption equivalent) has been set at $5 million. This so that both figures are now set at $5 million. He nature of successful family farm businesse...
MICHIGAN AGRICULTURE LAW: July 2011
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SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Update on Farmland Development (P.A. 116) Situation. Thursday, July 7, 2011. N March I blogged about Governor Snyder's proposed budget plan, which purports to eliminate all tax credits, in what he articulates as a "leveling of the playing field." Whether you buy that or not, it is clear that his approach is moving in that direction. Reported that the Snyder proposals have yet to...
MICHIGAN AGRICULTURE LAW: May 2012
http://michiganaglaw.blogspot.com/2012_05_01_archive.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Navigating the Michigan General Property Tax Qualified Agricultural Property Exemption. Wednesday, May 16, 2012. He Michigan General Property Tax. Grants two significant exemptions from the levy of taxes by school districts. They are the. Qualified agricultural property exemption. The Michigan Property Tax Personal Residence Exemption. In Michigan Estate Planning Blog. Nother di...
MICHIGAN AGRICULTURE LAW: Snyder Budget Targets Farmland Preservation Credits
http://michiganaglaw.blogspot.com/2011/03/snyder-budget-targets-farmland.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Snyder Budget Targets Farmland Preservation Credits. Friday, March 11, 2011. Onventional wisdom (well, mine, anyway J. Posted by Michigan Estate Planning. Subscribe to: Post Comments (Atom). Oil and gas lease. Qualified agriculture property exemption. Michigan Department of Agriculture. PA 116 - Michigan Department of Agriculture. Michigan Farm Bureau Young Farmers.
MICHIGAN AGRICULTURE LAW: Update on Farmland Development (P.A. 116) Situation
http://michiganaglaw.blogspot.com/2011/07/update-on-farmland-development-pa-116.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Update on Farmland Development (P.A. 116) Situation. Thursday, July 7, 2011. N March I blogged about Governor Snyder's proposed budget plan, which purports to eliminate all tax credits, in what he articulates as a "leveling of the playing field." Whether you buy that or not, it is clear that his approach is moving in that direction. Reported that the Snyder proposals have yet to...
MICHIGAN AGRICULTURE LAW: March 2012
http://michiganaglaw.blogspot.com/2012_03_01_archive.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Effective Estate, Succession and Business Planning for Farmers. Monday, March 19, 2012. Amily Farm businesses are unique. Family farming may be the only industry where the owners live and work in the same place. Farm children grow up going to work with their parents every day. Many farm children ultimately become next-generation owners of the business. 8226; Trusts,. 8226; Wills,.
MICHIGAN AGRICULTURE LAW: April 2012
http://michiganaglaw.blogspot.com/2012_04_01_archive.html
SMITH BOVILL LAW FIRM. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Should You Convert Your Land Partnership to an LLC? Thursday, April 5, 2012. N return, the partners (now called "members") gain something pretty valuable—. Hile it should be noted that specific situations are not directly addressed by the statute, the following concerns should be covered:. Mortgage "Due on Sale Clauses" should not be triggered. A recent conversation with the Mic...
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michiganbusinesslaw.blogspot.com
MICHIGAN BUSINESS LAW
Smith Bovill, P.C. GREAT LAKES BAY LAWYERS - SMITH BOVILL, P.C. - Providing quality legal services throughout Mid-Michigan. Beware of the Limited Partnership. Friday, February 10, 2017. Rior to the advent of the Limited Liability Company in Michigan, a common planning technique involved the Michigan Limited Partnership. The Limited Partnership allows for a General Partner who has control. Nother problem with this form of business is that the General Partner has no liability protection. In many cases,...
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