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Will the IRS make me pay taxes on my settlement? Many of our Memphis and Tennessee injury clients ask – will I have to pay taxes on my settlement for personal injuries? The general answer is NO. Here is what the IRS currently says about Settlements and Taxability: If you...
Read More Continue ReadingProperty Damage by Tree Limbs and Roots Have you ever wondered about property damage caused by tree limbs or roots? First, let’s talk for a moment about your neighbor’s tree limbs. Suppose the tree itself is on your neighbor’s property, but the limbs are hanging over your fence, casting unwanted...
Read More Continue ReadingHow to Dissolve a Tennessee LLC Need to dissolve your Tennessee LLC? The method for dissolving a business entity depends on the type of entity and its structure. This post will focus on the termination of a Tennessee Limited Liability Company (LLC). In addition, while LLCs can be dissolved both...
Read More Continue ReadingDivorce Lawyer Tennessee We hope you never need a divorce. But just in case you have questions about what a divorce in Tennessee involves, we’ve invited Guest Blogger and Family Law Attorney Lucie Brackin to fill you in. Lucie is a partner with The Landers Firm PLC. Here’s what Lucie...
Read More Continue ReadingWyoming Close LLCs Protect Assets A popular asset protection tool we use at Patterson Bray is the Wyoming Close Limited Liability Company. One or more people can establish and own this type of entity and may also manage the LLC. Anyone can establish a Wyoming Close LLC, even if you...
Read More Continue ReadingYou may have been hurt in an auto accident or truck accident and wondering: Who is the best injury lawyer or best accident lawyer in Memphis, or Nashville? Who is the best injury attorney near me? Who is the best car wreck lawyer in Cordova, or Bartlett, or Germantown?...
Read More Continue ReadingSwimming pool injury cases are serious. One of the most heartbreaking cases I have ever handled involved the accidental drowning death of a teenage boy. The parents of the young drowning victim grappled with death of their son at what started out as a fun swimming party with friends. The...
Read More Continue ReadingBasic Asset Protection in Tennessee How do you achieve asset protection? How do you best limit your liability and protect the assets and investments you have spent so much of your life building up? While you cannot completely eliminate exposure to potential liability, you can achieve asset protection through the...
Read More Continue ReadingReason to Add an Attorney Fee Provision You’re running a small business. You have a form, purchase order, or other short contract you always use. Take a moment to look at your forms and contracts. Do they include an attorney fee provision? If not, we recommend that you add one....
Read More Continue ReadingWhy You Don’t Hear About Liability Insurance in a Jury Trial Did you know that during most Tennessee state court jury trials, you will never hear the word “insurance?” That’s because 99% of the time, evidence of liability insurance is not admissible under the Tennessee Rules of Evidence. Tennessee Rule...
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