McKoon, Williams, Atchley & Stulce PLLC

McKoon, Williams, Atchley & Stulce PLLC Law Firm with lawyers in all fields of practice

Closing a storefront requires more than simply locking the doors and putting up an “out of business” sign on the door. I...
01/31/2022

Closing a storefront requires more than simply locking the doors and putting up an “out of business” sign on the door. It’s important to properly file a dissolution and dissolve the business with its state of incorporation.

Closing a business requires more than simply locking the doors and putting up an “out of business” sign. Here is how to properly dissolve your business.

It's never too early to start working on how your things will be handled once you pass away.
01/28/2022

It's never too early to start working on how your things will be handled once you pass away.

It's never too early to start working on how your things will be handled once you pass away.

The legal requirements of running a business can seem a bit daunting, but with proper planning and the right legal guida...
01/26/2022

The legal requirements of running a business can seem a bit daunting, but with proper planning and the right legal guidance, they don’t have to be.

Making your entrepreneurial dream come true requires a lot of work, with a how-to start a business step-by-step guide, you will start on the right foot.

Two documents that many small business owners get confused about are operating agreements and articles of incorporation....
01/24/2022

Two documents that many small business owners get confused about are operating agreements and articles of incorporation. There is a good chance that you will need some version of both documents for your business, so it is important to understand the purpose of each one.

Discover the difference between articles of incorporation and operating agreements.

LLCs and corporations are distinct classifications that offer their own strengths and weaknesses. So which one is best s...
01/21/2022

LLCs and corporations are distinct classifications that offer their own strengths and weaknesses. So which one is best suited for your needs?

Choosing the right business entity—more specifically, an LLC versus a corporation—is an important step in setting up your business, as it ensures you have the right structure to meet your business size and needs. Whichever you choose, either will offer plenty of advantages such as liability prot...

Every estate is different in size and needs. It’s up to each individual to create an estate plan that fits their unique ...
01/19/2022

Every estate is different in size and needs. It’s up to each individual to create an estate plan that fits their unique situation. Wills and trusts are both important steps in many people’s estate plan.

Estate planning is also an important step in taking care of what matters most: your loved ones and the life you’ve worked hard for. Two of the options are a revocable trust and a will. But which one is the … Continue reading → The post Revocable Trust vs. Will: What’s the Difference? appeare...

As a legal entity, a trust can own assets such as real estate, brokerage accounts, life insurance, vehicles, bank accoun...
01/17/2022

As a legal entity, a trust can own assets such as real estate, brokerage accounts, life insurance, vehicles, bank accounts and personal belongings like jewelry. You transfer over the title and ownership of these assets to the trust, which stipulates what should happen to that property after you die, including who should receive it and when.

There are important differences between the two types of trusts, including the amount of control you'll have over your assets.

Business founders take on significant risks when starting a small business venture, but much of this risk can be mitigat...
08/27/2021

Business founders take on significant risks when starting a small business venture, but much of this risk can be mitigated by ensuring legal requirements to starting the business are taken care of as early as possible.

With a fledgling business, passion for a product or service usually comes easily. Less exciting are the legal requirements for operating legitimately. Requirements vary dramatically depending on the industry, the type of business and its location, so specific research will be required. While there.....

No one likes to contemplate their mortality but making basic preparations with your finances can save your loved ones fr...
08/27/2021

No one likes to contemplate their mortality but making basic preparations with your finances can save your loved ones from financial stress while grieving your loss. Make sure to use beneficiary and POD designations whenever possible and have a will drawn up by an attorney to outline your final wishes.

You can’t take it with you, so what happens to your bank account after you pass on?

An en banc federal appeals court has upheld the pat-down search of a man during a traffic stop in a case that drew amicu...
08/26/2021

An en banc federal appeals court has upheld the pat-down search of a man during a traffic stop in a case that drew amicus briefs from several organizations that argued against the government’s position in the case.

An en banc federal appeals court has upheld the pat-down search of a man during a traffic stop in a case that drew amicus briefs from several organizations that argued against the government’s position in the case.

There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little l...
08/26/2021

There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little less painful by understanding what your 401(k) plan allows and what your state requires.

When your relationship fades, don't let your savings go with it.

Tackling your estate planning needs now will alleviate a lot of undue stress. By applying intention and proper considera...
08/25/2021

Tackling your estate planning needs now will alleviate a lot of undue stress. By applying intention and proper consideration to your future you can rest assured that you and your loved ones’ needs are covered.

Being prepared with a last will and testament can help your loved ones in the future. Here’s estate planning 101 explained for you.

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633 Chestnut Street, Ste 1500
Chattanooga, TN
37450

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