What to Expect During Your Initial Consultation
At Lodestone Legal Group, we understand that many of our clients have never been to an attorney before, so we are happy to provide a free initial consultation for most of our practice areas. There is a common misconception that initial consultations will provide a solution to your legal needs. This is not […]
California Consumer Privacy Act
California Consumer Privacy Act A lot of articles have been circulating regarding the California Consumer Privacy Act (CCPA) which went into effect on January 1, 2020 creating new protections for Californians’ consumer data. This new law has led to a lot of client questions regarding the CCPA. What is it? Who does it […]
New Year and the New Law that May Affect Your Estate Plan
President Trump recently signed the Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) which goes into effect on January 1, 2020. This new legislation affects most people saving for retirement as well as certain beneficiaries who inherit a retirement account. While not an exhaustive review of the SECURE Act, the following are […]
The Only Three U.S. Patents
In the United States, there are three different types of patent grants: a utility patent; a design patent; and a plant patent. A utility patent may be granted for the invention or discovery of any new and useful process, machine, article of manufacture or chemical composition, or for any new and useful improvement of such. […]
How to Create and Maintain Corporate Minutes
So, you formed a corporation in order to protect your assets. You researched how corporations work and the liability protection they provide. After your thorough investigation, you decided that your business needed the shield provided by a corporation. Now what? The decision to incorporate your business was a smart decision. Owning a corporation protects your […]
Commercial Lease Litigation Update
Litigation Update – New case from Tennessee Supreme Court holds individual liable for personal guarantee in commercial lease. It is not uncommon for a commercial landlord to require a personal guarantee on the lease for a commercial tenant, especially for young businesses and start-ups. The courts in Tennessee have been wrestling with the issue of personal guarantees […]
Understanding Probate Basics in Tennessee
The term probate, as it is used commonly today, refers to the court supervised process of transferring property from a deceased person’s estate to the individual or entity that is legally entitled to receive it. State law governs how the probate process is handled, and the laws can vary greatly from state to state. This […]
More Encouragement for Avoiding Legal Pitfalls When Starting Your Business
In a recent posting on Jumpstart Foundry’s website, Chris Sloan highlights some legal pitfalls that new business should avoid. While Jumpstart Foundry tends to focus on emerging technologies and the inevitable VC-funding (Venture Capitalist) that that arena tends to attract, Sloan, an attorney does bring up interesting points for any business to consider- 1) Protecting the […]
3 Reasons People Under 35 Should Have an Estate Plan—Part 1 of 3
Most young people dismiss discussions of Estate Planning because they think it’s too costly or they are too young to need an Estate Plan; however, Estate Planning is just as important at age 30 as it is at age 75. Between the ages of 25 and 35 most people begin to solidify their career path, […]
What is a bankruptcy discharge?
One of the main reasons why people file for bankruptcy (either Chapter 7 or 13) is to obtain a discharge of their debts. A bankruptcy discharge releases a debtor from personal financial liability for certain debts. This means that a debtor no longer owes these debts, is not obligated to repay these debts, and the […]
Will I lose my home, my car, even my possessions if I file for bankruptcy?
There are numerous myths about bankruptcy – ideas that many people hold that are not quite true or that are simply incorrect. These myths have, to a significant degree, shaped our culture’s perception of and attitude towards bankruptcy. This misinformation keeps good, honest debtors from pursuing this worthy tool for debt relief. That needs to […]
Will bankruptcy get rid of all my debts?
Question: Will bankruptcy get rid of all my debts? Bankruptcy is an amazing tool to help people out of a financial crisis. It can relieve you of much of your financial obligations and it’s designed to give you a fresh start with life. But bankruptcy will not necessarily eliminate all of your debts. This […]