The Lauffer Law Firm, PLLC

12/06/2024

Are you ready for the 2025 tax season?

Scheduling a 2024 year-end review will help get you there, especially if you're a small business.

Schedule your review today!

08/26/2024

Join us on Saturday, September 7th, from 1 to 3 p.m. for this free End-of-Life Care and Decisions seminar with Pastor Warren Lahammer and The Lauffer Law Firm.

Learn ways to provide peace and security to your loved ones in the event something should happen to you.

Please share this post with your family, friends, and neighbors!

08/04/2024

Follow these quick tips to ensure your estate plan works!

Have questions or need to create a plan? Let us help!

08/01/2024

Navigating tax law can be complex, but understanding the basics can help you avoid common pitfalls.

The first step is to familiarize yourself with key tax obligations, such as income taxes, sales taxes, and employment taxes.

Each type of tax has its own set of rules, deadlines, and filing requirements.

Navigating tax law can be complex, but understanding the basics can help you avoid common pitfalls. The first step is to familiarize yourself with key tax obligations, such as income taxes, sales taxes, and employment taxes. Each type of tax has its own set of rules, deadlines, and filing requiremen...

06/16/2024

Happy Father’s Day to the ones who taught us how to ride a bike, throw a ball, and chase our dreams!

06/14/2024

Planning for the future is both a gift and a responsibility. At Lauffer Law Firm, we understand how important it is to make decisions today that will protect your loved ones tomorrow.

One such tool in estate planning is the Transfer on Death Deed (TODD). It’s a simple, yet powerful way to pass on real estate to your beneficiaries without the need for a lengthy probate process. And remember, it's revocable, giving you flexibility and peace of mind.

🔍 Here are some pros and cons to consider:

✅ Pros:
Control: You maintain ownership and control over your property until your passing.
Simplicity: It’s a straightforward process to set up, avoiding the complexities of probate.
Revocable: Circumstances change and so can your TODD. You have the power to revoke or alter it as your life evolves.

❌ Cons:
Debt Responsibility: Beneficiaries inherit the property subject to any mortgages or liens.
Potential Conflicts: Without clear communication, a TODD can lead to misunderstandings or disputes among heirs.
Not Comprehensive: It only covers real estate. Other assets require different planning tools.

At Lauffer Law Firm, we’re here to navigate the intricacies of estate planning with you. Let’s ensure your legacy is preserved exactly as you wish. Reach out to us to explore how a Transfer on Death Deed can fit into your estate plan.

06/12/2024

Starting a new business is an exciting journey, but it can also be overwhelming. Here are a few essential tips to set you up for success:

Legal Structure: Choose the right legal structure for your business. Whether it's an LLC, corporation, or sole proprietorship, each has its benefits and implications.

Business Plan: Draft a comprehensive business plan. This will serve as your roadmap, outlining your goals, strategies, and financial projections.

Compliance: Ensure you're compliant with all local, state, and federal regulations. This includes obtaining necessary permits and licenses.

Visit LaufferLaw.com to learn more.

06/10/2024

Good corporate governance is essential for the smooth operations and legal compliance of your business. It provides a framework for balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.

To achieve this, begin by establishing a clear governance structure. This structure should include a board of directors, with clearly defined roles for each member, ensuring that responsibilities are distributed efficiently and that no conflicts of interest arise. Each member should understand their duties and obligations to the company, setting the tone for ethical behavior and decision-making.

Good corporate governance is essential for the smooth operations and legal compliance of your business. It provides a framework for balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. To achiev...

06/08/2024

Are you a small business owner thinking about the future? 🏢✨

Ensuring the long-term success of your business starts with a solid succession plan. At Lauffer Law, we understand the unique challenges of transitioning ownership and leadership.

As both a WV attorney and CPA, Lauffer Law offers expert guidance to help you create a seamless succession strategy that protects your legacy and secures your business's future.

Contact us today to start planning for tomorrow. 🌟📞

06/06/2024

We have a great team behind us at Lauffer Law!

Meet our employee of the month, Wilbur.

He's our lead receptionist and takes his job very seriously.

With his floppy ears and soulful eyes, Wilbur has charmed his way to earning the FIRST Employee of the Month title.

06/04/2024

Did you know?

06/02/2024

Sunday Q + A.

What is due diligence in a business transaction?

Our due diligence services cover a wide range of areas, including financial records, contracts, intellectual property, environmental and regulatory compliance, and litigation history.

We also work with clients to develop strategies for mitigating any identified risks and protecting their interests in the transaction.

Visit LaufferLaw.com to learn more.