When in the market for an estate plan, it can be tempting to seek out online legal services like LegalZoom that promise fast and low-cost solutions for estate planning and other legal needs. But as experienced estate planning attorneys, we’ve seen first-hand the problems that arise when individuals rely on one-size-fits-all templates instead of seeking professional legal guidance.

Here are some things we’ve seen that might make you think twice before using an online tool for something as critical as your estate plan documents:

If you’re running a business incorporated in Delaware—or considering it—you’ve likely heard about the state’s franchise tax. Delaware is a popular choice for incorporation due to its business-friendly laws and lack of corporate income tax for companies that don’t operate in the state. However, most for-profit entities incorporated in Delaware, whether corporations, LLCs, or LPs, are subject to an annual tax. In this post, we’ll break down Delaware’s franchise tax structure, how it’s calculated, and what you need to know to stay compliant.

When it comes to managing business operations, many companies turn to Professional Employer Organizations (PEOs) to handle essential HR functions. While PEOs provide significant value in areas like payroll, compliance, and benefits administration, they are often mistaken for legal advisors. However, it’s crucial to understand that a PEO is not a lawyer and cannot replace the role of legal counsel. Here’s why:

Gutwein Law, a full-service business law firm focused on helping innovative companies grow through high-level legal counsel, has added Eric A. Koch to its team. Eric brings more than 35 years of experience in the areas of corporate law, real estate law, estate planning, and commercial litigation. Prior to joining Gutwein Law, Eric was the Managing Partner of The Koch Law Firm with locations in Bloomington and Bedford, IN.

The year 2010 saw the early members of the baby boomer generation reach age 65. Now, fifteen years later, the youngest members of that generation are reaching the age of 60. In the coming half a decade, baby boomer retirements will reshape the workforce across the country. But this shift will not solely be limited to retirements.