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.
Steps to Document Loans to Friends and Family Members
May 22nd, 2024
If you agree to loan funds to a friend or family member, it’s vital to have documentation in place to help ensure you are repaid in accordance with the terms to which you agreed. However, documenting loans to friends and family members is very impo…
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Categories: General
LLC Membership Redemption vs Cross Purchase
May 9th, 2024
When an LLC member decides to sell their membership interest, there are generally two methods by which the transaction can occur — redemption of membership interest and cross-purchase. Each method has various pros and cons, depending upon your obje…
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Categories: Business Law
Byron “Pat” Gallagher Appointed as Acting Jackson County Public Administrator
April 26th, 2024
This year, Byron Gallagher was appointed as the acting Jackson County Public Administrator. His experience in this role is extensive. He had also been appointed as the acting Eaton County Public Administrator in 2023 and has been serving as the Ingha…
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Categories: Notable News
What is the Corporate Transparency Act?
March 11th, 2024
The Corporate Transparency Act was enacted in 2021 and went into effect on January 1, 2024 with the aim of improving business activity transparency. It seeks to combat tax fraud, money laundering, and financing for terrorism by providing FinCEN with…
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Categories: Business Law
Gallagher Law Firm Welcomes Collin Branigan to Our Legal Team
February 8th, 2024
Gallagher Law Firm, PLC is delighted to announce the addition of our newest attorney, Collin Branigan. Born and raised in Detroit, Collin received his Juris Doctorate from Michigan State University College of Law and his Bachelor’s degree from Mado…
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Categories: Attorneys
Land Contract Default and Abandonment - is forfeiture or foreclosure required?
August 24th, 2020
Does the seller of real estate on a land contract have to go through a district court forfeiture or circuit court foreclosure to obtain possession if the purchaser is not in possession of the real estate and has abandoned the real estate? The Michiga…
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Categories: Real Estate Law
Oppression of LLC Member
August 17th, 2020
What rights does a limited liability company member have if they are being treated unfairly by the other members of the company? The answer to this frequent problem is found in Michigan statute and case law. The statute MCL 450.4515 provides: A membe…
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Categories: Business Law
Estate Tax
January 2nd, 2016
The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of death. The fair market value of these items is used, not necessarily what you pai…
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Categories: Tax Law
Independent Contractors or Employees
December 28th, 2015
The IRS requires business owners to correctly determine whether individuals providing services are employees or independent contractors. If your business has employees it must withhold income taxes, withhold and pay Social Security and Medicare taxes…
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Categories: Employment Law
Pet Trusts
December 21st, 2015
A trust for the care of a designated domestic or pet animal is valid in Michigan. The trust terminates when no living animal is covered by the trust. The trust will be liberally construed by the probate court to carry out the general intent of the tr…
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Categories: Estate Planning