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Firm Blog

The Gallagher Law Firm with offices in Lansing, Mt. Pleasant, Grand Rapids, and Detroit provides a variety of legal services across Michigan for corporate and individual clients. Our AV-rated, highly experienced attorneys offer responsive and efficient representation. Learn why our clients consider the Gallagher Law Firm to be a trusted, insightful and experienced partner for their legal needs.

Partition

My sister and I own a house in Mt Pleasant, as tenant in common, and we have a disagreement over who should pay the real estate taxes and expenses. Can I force my sister to join me in selling the house? The remedy required is a law suit for partition… Read More
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Categories: Real Estate Law

Stock vs Asset Sales

Asset sales are more common than stock sales. The asset sale typically reduces purchaser expose to liabilities of the seller and increases tax deductions for the purchaser. In an asset sale the known and unknown liabilities of the selling corporation… Read More
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Categories: Business Law

What is the highest interest rate I can charge?

Most of the time the highest interest rate an individual can charge another individual is 5% per year if there is no written agreement such as a promissory note documenting the loan. The highest rate an individual can charge another individual is 7%… Read More
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Dower – is this really still the law in Michigan?

By Michigan statute, the widow of every deceased person, shall be entitled to dower, or the use during her natural life, of 1/3 part of all the lands whereof her husband was seized of an estate of inheritance, at any time during the marriage, unless… Read More
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Categories: Real Estate Law

Does our corporation have to have annual meetings?

Your corporation should have two types of meetings each year. A shareholder meeting and a director meeting. An annual meeting of shareholders for the election of directors and other business as provided by the corporation’s bylaw is required by Mic… Read More
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Categories: Business Law

Mileage reimbursement made easy

Mileage reimbursement made easy with this Excel form from University of Michigan Finance website! Use this form when claiming mileage reimbursement for business use of personal vehicles.

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Categories: Tax Law

Counterparts; Facsimile Signatures - Example Provision

This Agreement may be executed in multiple counterparts, each of which shall be deemed an original instrument, and all of which shall constitute a single agreement. The signature of a party to any counterpart shall be sufficient to legally bind such… Read More
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Categories: Real Estate Law

Uniform Enforcement of Foreign Judgments in Michigan

MCL 691.1173 provides that a copy of a foreign judgment authenticated in accordance with an act of congress or the laws of this state may be filed in the office of the clerk of the circuit court, the district court, or a municipal court of this state… Read More
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Categories: Litigation

What is the JOBS Act?

The Jumpstart Our Business Startups Act (the JOBS Act) was signed into law by President Obama on April 5, 2012. The JOBS Act makes it easier for private, U.S. companies to raise capital by selling investments in their companies (securities) to invest… Read More
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What is a Limited Liability Company (LLC)?

A limited liability company is a business formed by an organizer who may, but need not be a member. It is a business entity separate from its members and liability is limited to the financial contribution made by the member. The members are the owner… Read More
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Categories: Business Law

Testimonials

Attorney Craig Gerard’s estate planning presentation was great, short, sweet, and simple, with a message of ‘Do something rather than nothing’ so we can control our estate.”
– R. Ellis, GreenStone FCS

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