Updates to Tennessee Tax Sale Redemption Laws

June 20, 2014  |   Posted by :   |   Real Estate Tax   |   4,996 Comments

UPDATES TO TENNESSEE TAX SALE REDEMPTION LAWS By Matt Roberts June 19, 2014 On May 18, 2014, Governor Haslam signed new legislation updating Tennessee’s tax sale laws. The new legislation, designated Public Chapter 883, came from Senate Bill 2128 (Johnson) / House Bill 2165 (Sargent). It goes into effect on July 1, 2014. It is the second “omnibus” bill designed to update Tennessee’s tax sale...

Trademark Issues for New Businesses

May 23, 2014  |   Posted by :   |   Business Law   |   4,318 Comments

TRADEMARK ISSUES FOR NEW BUSINESSES Author: Attorney Paul Nowak Many times, a new business will be based on a new idea for a product or a service.  Trademarking that product or service is the most important aspect of its marketing.  The purpose of a trademark is to identify the source of the product or service and to protect the originator’s idea against unfair competition.  The most obvious examples...

Estate Planning 101

May 23, 2014  |   Posted by :   |   Estates and Trusts   |   4,286 Comments

ESTATE PLANNING 101 Author: Attorney Paul Nowak  I. WHAT IS ESTATE PLANNING? A. DISPOSITION OF ASSETS B. SAVING TAXES C.OWNERSHIP OF ASSETS II. THE WILL – THE MAIN COMPONENT A. WHO GETS WHAT AND HOW 1. DIRECT BEQUEST OR IN TRUST 2. PERSONAL PROPERTY – HEIRLOOMS 3. CHARITIES B. APPOINTS FIDUCIARIES 1. EXECUTOR – DUTIES A. FUNERAL ARRANGENTS B. PAY DEBTS AND TAXES (PERSONAL LIABILITY) C. DISTRIBUTE...

Checklist for Organizing a Tax-Exempt Corporation in Tennessee

May 23, 2014  |   Posted by :   |   Business Law   |   5,219 Comments

Checklist for Organizing a Tax-Exempt Corporation in Tennessee Author: Attorney Paul Nowak  I.  Documentation  A.  Charter The corporation will be formed by preparing a non-profit corporation charter, which will be filed with the Tennessee Secretary of State and with the Register of Deeds for the county in which the corporation’s office will be located.  In order to prepare the charter,...

Investing in Tennessee Tax Sale Properties

February 19, 2014  |   Posted by :   |   Real Estate Law   |   4,187 Comments

CONSIDERATIONS FOR INVESTING IN TENNESSEE TAX SALE PROPERTIES Author: Attorney Matt Roberts Tennessee tax sale properties can be a very good investment, if you know what you are doing. While some other states sell tax lien “certificates,” which require purchasers to conduct their own lawsuit and sale, Tennessee sells the properties directly through the court, a process sometimes referred to as...