Tax Planning with Land Sales

Most people are aware of the basic rules regarding capital gains tax – in short, the gain is the difference between your acquisition cost and the sales price.  Like with most rules, there are several exceptions and that allows for some planning opportunities.

The homestead exemption is ... continue reading »

Contracts for Deed

We get many questions about contracts for deed and some people assume they are not as “good” as a traditional bank loan and mortgage. As with most legal issues, there are several issues or factors if comparing contract for deeds and mortgages.

For sellers, many clients love earning a g... continue reading »

Estate Plan for College Age Children

Often times we think of estate planning when we are older or after we have children.  However, it can be a very important step for children that are soon to reach the age of majority.  Parents and families are often so busy planning for the transition of their children from high school to the n... continue reading »

Why Register a Trademark?

If you own and operate a small business in one of our lake communities, you know the importance of name recognition. A unique business name and logo can help a business stand out and get noticed by potential customers. Picture the logo for Sea Ray boats – it looks like a stylized silver wave an... continue reading »

Lake Access

This time of year we get a lot of calls regarding lake access.  The calls vary but here are a few issues that come up time and time again.  Many off-water lots have an easement across a lake lot for lake access. Unfortunately, many of these easements are quite old and vaguely worded.  Does the... continue reading »