Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:01):
Memphis probably presents the Ben Johnson Show. Let me say, Beth, I've
got me first, let me yousay she's gone Memphis, do gain no
(00:28):
matter of the problem she can haveso a phon norming you my she Jimmy
reading in the hair by telling youto just keep the fair when a wrangle
(00:49):
a pegging out Miss Johnson Show.Because we got out, you can hear
every day you die well bell gotme a missed off. Good morning,
(01:48):
good morning, good morning, andwelcome in to w d i A The
BEV Johnson Show. It is inadeed a pleasure to have you with us
once again on this windy day.It's hump day, May twenty ninth,
twenty twenty four. Enjoy this fabulousday to day. Let's get to chit
(02:08):
chatting this day. Talk to youthis first hour, we'll talk. Second
hour, we will be chatting withour attorney, Attorney Carly McCullough of McCulla
Law. So get ready to putyour questions down for Attorney Carley mccaulla.
(02:30):
We'll be in the house, butit's your attorney talk. You know you
can. All you need to dois dial these numbers nine zero, one,
five, three, five nine,three four two nine zero one five
three five nine three four two eighthundred five zero three nine three four two
(02:57):
eight hundred and five zero three ninethree four eight three three five three five
nine three four two will get youin to me. And if this day,
this day Wednesday, May twenty night, twenty twenty four, is your
(03:21):
birthday. Happy birthday, each andevery one of y'all out there who may
be celebrating a birthday on this day, we say God, y'all go out
and celebrate your life. You better, You're better. When we come back,
(03:46):
we'll open it up to you littleopen conversation in the news. Next
with me VEB. Johnson on theBEB Johnson Check only on w d I
A still your Goodwill and Good TimeStation ten seventy w d I A Listen
(04:53):
on the free iHeartRadio app for allyour music radio and podcasts. Free Never
Sounded So good. Yep with aHeart and Soul of Memphis ten seventy wd
IA Memphis Bebin Show, Bell Chomps, Memphis Talking and all Away, Help
(05:14):
On you go, you go,don't get ready in time show Show.
Let's go Bethin we make gorl dayby here wrong you d listen to what
(05:35):
to say. You know it's timefor the Belts show. Time of the
Mountains show Lucky, Let's go.Good afternoon, and welcome back to the
second half of the BEV Johnson Showas we rock and roll on this hunt
day. It's Wednesday, May twentyninth, twenty four. Enjoyed this fabulous
(05:58):
day to day. As I saysaid earlier, she is in the house
once again from McCullough Law. It'sAttorney Carlee McCullough. Good afternoon to your
sister. How you doing. I'mwonderful, Thank you for having me.
You are so welcome, so welcome, so welcome, Attorney Carly. For
(06:18):
our first time listeners who may say, what's McCulla law, tell them about
McCulla law. Wonderful. We area boutique civil law firm in Memphis.
We're located at twenty two oh sixUnion Avenue. Our telephone number is nine
oh one seven nine five zero zerofive zero. That's nine oh one seven
(06:40):
nine five zero zero five zero.We concentrate in the areas of bankruptcy.
We do seven eleven's and thirteen's.We are business formation as well as litigation.
We do entertainment law. Review ofcontracts and drafting of contracts for our
producers, actors, promoters, etcetera. We do family law, which
(07:01):
entels divorce, adoption, child support, custody, social security, disability,
wills, trust, nonprofit and personalinjury for car accidents, trucking accidents,
commercial accidents. Give us a callnine oh one seven nine five zero zero
five zero. Someone is hearing thatAttorney Carly, and they say, boy,
(07:23):
y'all do a lot lot of stuff. Yes we do, because there's
a lot of stuff going on inthe world. Yes we do. There's
a team of us, so it'snot like I handle with all. Yes,
we have Princess Woodard. We alsohave Jasky Golf. So there's a
team of us and supporting staff.There's a total of about eleven or twelve
(07:43):
of us. Good good and alsoyou all not only with that, and
we're going to talk about business.But Attorney Carly McCullough, she has her
own business that I just love,Mahogany, Memphis. We are upscale,
Southern with a dash of creole andgetting ready. You're trying to get this
(08:05):
other new business. Go oh,we are so excited. We've been very,
very blessed to have an expansion ofthe Mahogany collection. We are adding
Mahogany River Terrace. We're working verydiligently on it. Uh and it is
going to be on the Mississippi River. So it is beautiful, a beautiful
(08:28):
And is it going to be likeMahogany Memphis or different? It's different.
It's going to be similar in thatwe will have some of our similar our
mainstay items, of course, ouroxtails, chicken and waffles. But this
one is upscale, Southern with adash of Creole, with a concentration on
seafood. So we will have froglegs, We're gonna do caviar, We're
(08:52):
gonna do sea bass, crab cake, so we're gonna have a higher concentration
of seafood than we do at theMidtown location. Okay. And and it
is, y'all, it is simplybeautiful. I've seen it. I've been
over there and it just just itis. I tell it. Turn at
(09:13):
Curly. This is a nice anda nice place to have parties. Yes,
it's a nice place. Yes,it took some work. We've been,
you know, working on it forquite a while now. I don't
think there had been a renovation ofit, uh since it opened, but
you know we had to pull upcarpet and paint and roof needed to be
redone and windows replaced. So it'sbeen a labor of love. And you
(09:37):
know, our main our designer,Mary Yates, uh, just hit it
out of the park with her keendesign eye. We're so grateful, you
know, to have her on theteam that she just really you know,
can create something out of nothing.So we're quite pleased with what she's done
(09:58):
with this location. Good and you'rehoping that we're aiming for July, aiming
for July. Yes, Yes,don't have an exact day, but we
are aiming for July, aiming forJuly. Good. Yes. And when
we're talking about business attorney Carl,it's someone who is out there thinking about
opening their own restaurant or because whenyou when we talk about because I know
(10:24):
we've been talking about Mahogany River Terracefor a while, but it takes a
lot to get something running like that. Oh yeah, especially in the restaurant
business. You know, you've gotinspections, and you know, you can
think that something is totally complete andthen the inspector comes and you know,
We've had that happen to us wherewe had to rip up a whole floor,
(10:46):
you know, in order to youknow, make sure that it is
according to code. So you know, it's just you just never know once
the inspector comes out and the codechanges regularly and so hopefully you know we're
past that. But yeah, thatcan you know, delay you because if
you're you're not only dealing with theinspector, but you're you know, it's
(11:09):
a challenge to make sure that youget on whatever professional it is, if
it's HBAC, if it's or youknow, heating ventilation, air conditioning,
or if it's plumbing or you know, whatever it is that you're being deemed
on, then you've got to youknow, contract with that professional and you're
on their schedule and you know,and great help is sometimes hard to find.
(11:33):
So yeah, yeah, So it'sso so when we're talking about business,
so you know, starting a wrestle. So what is the first thing
you need to do with a restaurant. There's so many things. Okay,
location, so that should be thefirst. Oh okay, I'm thinking about
opening up a restaurant, so Ineed to look at where do I want
(11:56):
to locate this restaurant whether you wantto be whether you want to focus in
on Uber eats and just be adelivery service or if you never knowd about
that, or if you want tohave a food truck or if you want
brick and mortar. The options areendless, you know nowadays. You know,
(12:20):
you know, especially with door Dashand grub Hugs and Uber Eats,
you know, they tend to bea little on the heavy side with fees.
So I choose not to engage.So you don't do that. No,
we tried it. We tried it, okay, but it just didn't
work for us for our food sowe stepped off of those platforms. But
(12:43):
you know, it can be youknow, lucrative for other you know,
restaurants, but for us, wejust chose not to, Okay. So
you have to look at that location. Yeah, whether it's a food truck
restaurant, where's the juke joint?Absolutely, you know, and you've got
to and then you say, okay, then somebody's got to be able to
(13:05):
present a type of fair that thepublic wants. So you know, you've
got to really concentrate and say,you know, what what do people want
to eat? Uh? And havesomebody that can that knows their way around
a kitchen, because you want peopleto come back, so you know,
you've got to concentrate on providing greatfood, great service. You've got to
(13:31):
also what structure are you going tobe? Are you going to be a
corporation or an LLC or an escorp, because you definitely want to protect your
personal assets, so you need tomake sure that you've got that structure in
place. Parking Parking is is isalso an issue, especially with you know,
(13:56):
certain areas. How are your peoplegoing to get to you? How
are they going to access you?Reade fine print of whatever your lease is?
Uh? Some leases, oh yeah, some leases are triplenet, which
you know means that they're going tothey want you to take care of everything
that goes wrong within that space.And you know a lot of times you
(14:18):
don't have bargaining power because they ownthe building or they're managing the building,
and so the rules are what itwhat? So that's where you would come
in as an attorney. What theywith, what they should should they look
for an attorney first? Oh yeah, you definitely want an attorney to review
your contracts so that you know exactlywhat it is that you are signing off
(14:41):
on. So we we may notnecessarily be able to change their rules,
but at least you will know whatthose rules are because if the HVAC goes
out in a commercial space, that'sa pretty nice tab that you're going to
get if you're responsible for that,and you need to know that you're responsible
(15:01):
for that. On the front end, if there's a plumbing issue, you
need to know if you're going totake care of that or if the landlord's
going to take care of it.And commercial is very different from residential.
Okay, so when you're in aresidential space, typically your landlord is going
to take care of whatever is broken. However, in a commercial space,
(15:22):
the landlord typically puts wording in theircontracts that make the tenant responsible for everything
that goes wrong inside their unit.Okay, So when we're looking at a
business, then you need to firstbefore because it's a lot of legal stuff
(15:43):
that goes on. Oh yeah,oh yeah, from the initial setting up
of your corporation or your LLC toreview of documents, even your insurance processes.
You're hiring, you know, weneed to make sure that your people
are trained on what they can doand they can't do in a work environment.
(16:07):
So it's lengthy. You know whatit is that you are can and
cannot do as you move forward inthe business. And so let's go back,
because when you have a business,you should attorney carly. You should
(16:32):
be clear on if it's a corporation. I don't know what what that means.
What does an all see mean?What all those different that different language,
let's talk about that. Sure.So it's important that you have a
corporate structure, whether that be anLLC which is a limited liability company or
a corporation, in order to protectyour personal assets. So you know,
(16:57):
if someone has an accident on premise, if there's any type of litigation and
you happen to lose, you don'twant to lose your house, or your
bank account or your car. Soyou have that corporate protection which protects your
personal assets from your corporate structure.And so with that, you can choose
(17:23):
to have a limited liability company whichhas the same protections of a corporation with
what's called conduit flow through treatment ofthe income. So when you get ready
to file your personal taxes, you'dfile an informational return for your LLC,
(17:44):
but the income would flow, thenet income would flow to your personal tax
return, so that you don't havewhat's called double taxation. Okay, if
you file a if you are acorporation, you have what it's called shareholders.
If you are an LLC, youhave what's called members. Okay.
(18:06):
So with if you want to payyourself a salary, then you would have
a corporation because any money is thatyou take from the LLC, that's considered
a draw down. It's considered adraw okay. But if you're gonna if
you want to paycheck, then youknow that would be you would form a
(18:27):
corporation to do that. But youend there's double taxation on the corporation.
You the corporation would have a taxreturn and then they have the net income
there. And then if you declarea dividend and distribute what's left after the
corporate taxes are paid and you distributeto your shareholders, then that's going to
(18:52):
be where the tax the shareholders paytaxes on the dividends. So that's where
the double the meaning of double taxationcomes into play. So I didn't think
about this that you need to putin place where you can get paid.
Oh yeah, because I always wonder, you know, the owners, well,
(19:12):
how do they get their money?How do they get their salary?
And do they suggest so this iswhat I want? How does that work?
Well, it depends because there arebusinesses. You know, a lot
of businesses are not really profitable untilthree to five years later. So sometimes
(19:33):
business owners don't get paid. Youknow, they would hope that, you
know, they would turn a profitwhere they can get paid. However,
you know, it just depends onwhether they want to do self employment taxes.
And if that's the case, thenyou're going to go to LLC route.
But if you want to pay havethe taxes withdrawn from your check,
(19:53):
then you want to go the corporateroute in your corporate filing and create a
corporation or anes corp, et cetera. Also with that do you put in
there, Attorney Carly, is thatyou should know how many employees I'm going
to have? What I never thoughtabout that. Yeah, it depends upon,
(20:17):
you know, the style of restaurantthat you have. It depends so
if you have brick and mortar,then you may need more people on staff
than if you have a food truck. Of course, you know, space
is an issue with a food truck, and you know, the food is
typically you know, kind of preparedsomewhat, so it's not like you're kind
(20:40):
of preparing everything from scratch on thefood truck necessarily, but so you know,
you won't necessarily need as many asmany staffers on a food truck.
Then, you know, if youare also just a business that is selling
food via grub Hub and Uber Eatsand door Dash, then you don't need
(21:03):
servers in front of the house staffyou are behind the scenes only are you
someone that's hands on? Are youa hands on chef? So I don't
necessarily cook at Mahogany Memphis. CanI cook, Yes, But I have
staff there and chefs, and sothey are the ones that are actively preparing
(21:26):
the food. Now, I maymake sure that the plates come out and
they're looking the way that they aresupposed to be presented to the clients,
but you know, I'm taking ona role of an expediter when I'm looking
at plates. So that's another rolethat you have in a restaurant as well.
(21:47):
Wow, Wow, we are talkingtoday. We're talking with attorney Carly
McCullough and McCullough Law, where theydo a whole lot of law. If
you have a question or two forher, Invite you to call right now
five three five nine three four twofive three five nine three four two eight
(22:08):
hundred five zero three nine three fourtwo eight three three five three five nine
three four two will get you into us. We're talking law, McCulla
law with attorney Carly McCullough and meBev Johnson on Double DIA. You're listening
(22:38):
to the Heart and Soul of Memphis, the Bev Johnson Show exclusively on WDA.
(23:14):
You're listening to the Bev Johnson Show. Here's Bev Johnson and we're talking
law, McCulla law with attorney CarlyMcCullough. We're going to our phone lines
to talk with you. Hi,mister Raymond, Good morning, Good morning,
Good morning, Bell, Good morning, colle Hey, good after that.
How are you? Hey? Hey? Call me. I was thinking
(23:40):
just last night about you and thenew restaurant, and I was thinking real
hard, and it just so happened. I turned to radio this morning,
listened to Bed Show, and thereyou were. Wow acident. I just
mentioned you to Bed. When yousaid your name, I was like,
I wonder if that's mister Neil,I said, we're bringing in retirement.
(24:02):
I said, we are bringing outof retirement. We can't wait to have
you. Well, look, Ijust wanted to tell meshis getting ready Memphis,
because you're getting ready to get blownaway. Okay on this new restaurant.
Okay, And one question I'm gonnaget out the way, when you
were putting your menu together, didyou borrow heavily from the old Justine's menu,
(24:25):
which was heavy into seafood or allof these all of these authentic recipes
that you and your master shiffs puttogether. Yoursels, I'm going to hang
up and listen for your answer,be saying your film, baby girl.
Okay, thank you, bye bye. Yes, I tell you these are
all going to be authentic from ourchefs because I tell you, Raymond,
(24:45):
I really looked for the Justine cookbookand I couldn't find it anywhere because I
know that they did focus on heavilyon seafood, but I can't find the
cookbook. So if anybody it hasa cookbook, just let me know,
reach out to me. But youknow, because they were a staple in
the community, the old Justine's restaurant, and we purchased that building afterwards and
(25:11):
had the IVY back in the day. I don't know if you remember that.
Yeah, yeah, so, butthey were. That was a lovely
restaurant. It was it was itwas going back to our phone lines to
talk with you, blatastic, SamJohnson, how are you? I'm doing
fine, Norma? And how areyou today? You just said I'm black
(25:36):
tasting, brother, black test?How you doing? I'm great? How
about you? You already know Ijust told you. Hey, listen,
I am so excited for you.Uh what I just called because I really
want to encourage Memphis. That's thebest foot forward, and we're going to
support you, so so the AfricanVillage, the Red Wing family, everybody
(26:00):
know, we're gonna support you,and we're gonna as we've done with Mahoganists,
thank you so much, Jase Papa. But we're gonna support your system
because you are blacktastic. You havea very afro centric and I know it's
gonna serve all people and I'm gladabout that, but you still have a
very Afro centric flavor. Every timeI've ever been to the restaurant to Mahoganists,
(26:22):
there's always been the air of family, community, support, love on
each other. We all had thelove and respect the music, our music.
I mean, you just brought awhole new flavor and Memphis we need
that flavor and we want we're lookingforward to you down on the River System
so we can hang out and eatsome lave Paul Lave. I've never had
(26:44):
a fog lave, but I'm gonnashow you one awesome. We can't wait
for you to You're gonna love itwell. And I thank you for your
support of the African Village as well. I haven't had a chance to tell
you that, but I really reallyappreciate you, and we appreciate you.
We always love to see you whenyou come back. And Miss Harris,
Miss Harris and she's listening. Thankyou. She pulled it out summer camp
(27:07):
program already and I love it andI thank you so much for it.
Just keep it up so we gotyou. Thank you so much, appreciate
it, and thank you and Normanbefore you go. And again I mentioned
it this morning. I don't knowif it's too late to register for the
summer camping. And I also andI also told people to make donations to
you as well, because when wesay free, nothing's free. Somebody's paying
(27:30):
for it, absolutely, and wesell the needs and support because we're gonna
teach our children all that they're notgetting us in Memphis City schools, and
we're gonna put the emphasis where itwill be on our history culture. But
I have seen some calls just thismorning because I, uh, they told
me that you were on talking aboutus this morning, and Bell, thank
you. You just don't know howmuch that means to us. Thank you
(27:52):
so much. You are quite welcome. Thank you, thank you. All
right, be safe, bye bye, w D I a hey caller,
Hey man, I got to careabout the Cooks book. Okay, okay,
all right, go right ahead.She's listing halfway. No, but
(28:14):
it's in the Memphis room at theHook's Library. You can't check it out
because it's part of Memphis history andthey value it very very much. But
yet it is in the Memphis roomat the Hook's Library. Awesome. I'll
go and check it out because Iused to have one and I just can't
locate min because you know, Justinecame by when we had the IB and
(28:37):
she signed it for me. Whyyeah, okay, then let you go.
Okay, thank you. Behind Sowhen we're talking about business and we're
talking, and again you explain thedifferent parts and portion, but not only
when when you talk about business.And I'm thinking about this, Attorney Carl,
(29:00):
you have a business and you alsohave a family. Yes, you
have a family and you a business. But what happens you have a business
with a partner, and something happensyou never know and and family will come
in that that can become a bigmess. You know, partnerships are hard.
(29:25):
You know, it's especially when oneit's one part one party's vision,
and you know, I often saythat a partnership is a marriage. When
you two people come together and theyare hopefully moving in the right the same
direction for the same goal. Itcan be a challenge, especially when you're
(29:52):
around this person so many hours ofthe day. You're really with these people
more than you are with your family. You know, when you're at home,
most of a lot of those hoursat home are sleeping hours, and
so when you're awake and you're movingforward with your business, decision making can
(30:14):
be a challenge, especially if you'renot on the same page. And so
you know, at mcculluall Law,we work heavily to dissolve partnerships that that
are not successful. Sometimes it doesrequire a buyout. Sometimes it does require
doing something different. When you startout one way and you know, you
(30:37):
don't necessarily get over the finish linewith the people that you start with,
but you still maintain the love thatyou have. But you know, you
move in different directions and you dosomething different, and don't be afraid or
hesitant to do something different when youhave to. When you have to cross
that that that line, when youget there, you go to cross that
(31:00):
river, don't be afraid to addressit because if you don't, it can
kill a business. It can,Yeah, especially if you have that partner.
And sometimes even in marriage, thingsdon't work out, and so so
you have to have an attorney,have someone that will cull a law to
resolve and see what it will do. Sure, yes, absolutely, and
(31:22):
you know, and sometimes people justwant to do different things. Sometimes they
just they're the business is more thanyou know, they thought it would be
more than they can handle, andthey want to spend more time with their
family. Uh. Any type ofbusiness that you open is going to take
some time. If you want itto be a success, it's going to
take not only time, it's goingto take resources. It's going to take
(31:45):
energy. It's going to take youknow, more hands than you can count.
And so you know sometimes people wantto, you know, go and
do other things and you've got tobe supportive and figure out a way in
order to do that. So okay, so make sure you have all that
clear. What happens with you havea partnership, attorney, carly and business
(32:10):
and then you still you have afamily, do you get them in part
or or what I'm saying is somethinghappens to me and I have this business.
Okay, how my partner, Iwant you to take care of my
family or my family? You haveto say what I'm saying. Yes,
So what you're referring to is causedsecession success. Okay. So what happens
(32:34):
when an owner of a business needsto is either disabled or they are deceased,
or they decide they no longer wantto deal with the business. If
there's not a partner, you know, hopefully you're grooming someone that can come
in and step into what you've createdand what you've put your blood, sweat
(32:59):
and here ye into and so thatthey don't have to start totally from scratch.
Whether that's a protege or whether thatis a family member. But secondarily,
if that's a partner, then youcan put paperwork in place where your
(33:20):
percentage of the business goes to yourfamily member, your heirs, okay,
and so or you can also saythat, hey, if something happens to
you, then it goes to yourpartner. So it's just what it is
that you want to do and theintention from the very beginning, and you
want to make sure it's documented andso that there are no surprises or false
(33:46):
expectations of what should occur. Sonot only does your partner understand what should
happen, but your family members alsoknow what should happen. Okay, Okay,
that's a business part. When we'retalking also about family, it is
also good to have that whel inplace. Oh yes, that I mean,
(34:07):
we hear so many stories about peoplewho have passed on they didn't have
a wheel, or they have awheel. People are confused about it.
You know, it's so unfortunate,you know, when people die. Unfortunately,
that is where so much broad happens. And we see whether it's taking
(34:31):
assets that don't belong to someone who'sin the family, or you know,
just just doing just the wrong things. It's very sad, and I hate
to see it because sometimes it boilsdown and it can be a criminal situation
(34:52):
versus a civil situation, because whenyou are taking assets away, you're taking
from the proper owner, and whenthat occurs, that's a criminal offense.
And so it's it's just unfortunate.But you know, we highly recommend folks
have a will in place so thatyou know, the assets can be directed
(35:16):
the way that they should go accordingto the person whose assets they are.
So they can they have the authorityto instruct whoever their executor is going to
be, how their assets should bedivided and how they should be distributed.
(35:40):
So and it provides an orderly fashionof how the assets should go. Okay,
And when we talk about wheels,and I don't know why people think
it's such a difficult task or thatyou do that. You just don't want
to face the reality that we allmust leave here. Yeah, but you're
(36:05):
right, yeah, right, you'reright. Yeah, And but but doing
it it's not that hard. No, it's quite simple. It's straightforward.
We have a worksheet, we go, we identify the assets that you have
available, We identify the heirs orthe beneficiaries that you would like to earmark
(36:25):
your assets to and then on paperwe marry the two and we often come
with a substitute air justin or substitutebeneficiary just in case something happens to the
first one, so that we don'thave to keep redoing the will when someone
predeceases the maker of the will.Okay, so it's not hard y'all,
(36:51):
No, not at all, notat all. It actually takes two settings,
three macs if someone comes in andmakes a will and then next year,
Attorney carly De sides, I wantto change this. I've retought.
Is that a problem? Not atall, not at all. So people
(37:14):
change minds change. I think thatyou know, once we've got the format,
it's nothing for us to switch outa name or switch out an asset.
If you get some new stuff orsome new items and you want to
add that into the will, thenthat's that's nothing. You know, it's
(37:34):
not heavy lifting for us to adjustthe paperwork. Okay, So when we
talk about wills and we talk wehear the word trust. Those are two
different things. Yes, Now youalways get confused. Yes, So you
can have a trust is unless it'sa testamentary trust. A testamentary trust is
(37:59):
a trust that goes to effect upon death. Okay, because it's embedded
inside of a will. But normally, under normal conditions a trust, you're
going to transfer assets during your lifeinto the trust makes sense? No,
say that again. So unless it'sa testamentary trust, and a testamentary trust
(38:24):
means it means that assets will transferinto this trust upon death. Okay,
So the trust is built into yourwill. We build it into the will,
okay, and we address and theassets will not be transferred into the
trust until you are deceased. However, under other circumstances you have a trust.
(38:50):
You can have a revocable trust oran irrevocable trust in which you transfer
assets during life. So you're asan example, you're home, so you
want to you may want to transferyour home into a family trust right now,
so we can do that in fiveminutes. We can transfer your house
(39:10):
into a family trust. Okay,that family trust. You'll identify who you
want your beneficiaries to be, andyou will be the grand tour You can
be the trustee. We can havea substitute trustee, and so you can.
If it's a revocable trust, youcan change your mind and you can
change your beneficiaries. You can dowhatever it is that you want to do
(39:35):
with that trust. But if youdo an irrevocable trust, it cannot be
changed without the approval of the beneficiaries. Got it, got it? Got
it? Go on our phone lines, talk to you do WDA high caller.
Hey, heye you're doing I'm doingfine, common man, how are
(39:57):
you? I'm doing fast? Howyou doing, Attorney mccolor, I'm excellent.
Thank you for asking my sister fromanother mother? How about that atturning
mccolor. Hey, listen, Iwas just listening to you talk about the
homes and I have a question foryou, maybe maybe too. Uh,
you know how you've been hearing aboutpeople scamming and different things like that and
(40:20):
taking over people property, you know, committing a lot of fraud. So
I was just wondering, like,I don't know if it's the trustees downtown
who's responsible for like knowing who thisprobably belong to. And so with an
incident like that occur, do youthink somebody should be liable or somebody should
(40:43):
be like there should be some kindof protection to stop that type of stuff
from happening. Well, I thinkthe trustees office. Just if I'm not
mistaken. I think they have somethingin place where you can have an alert
attached to your account that if somethingcounty fraud. Yeah, I have it.
Oh great, great, And soyou know, I think that that's
(41:07):
something that I would highly highly recommendbecause it is so easy. You know,
fraud is just so easy to happenin this marketplace. So yeah,
so I would highly recommend that ifyou get the alert, get the alert
put onto any type of real estatethat you would have. Okay, okay,
(41:30):
yeah, I was wondering about thatbecause lately, you know, people
been being scammed out of the homesand stuff, and it's like seem to
be very prevalent. Now it's soeasy to do, so I was wondering
about any liability. Yeah, butyeah, the protection state, that'll be
good. Yeah, that was myquestion. And you know, so we'll
be looking forward to downtown, comingto the river. I might swim over
(41:52):
as a matter of fact. Ohyeah, okay, you're gonna swim from
Arkansas. I have to try,all right, Thank you coming? Oh
(42:13):
great, thank you can't wait tosee it. Thank you coming right?
Yeah, And that that that's goodbecause because be careful with your property,
yes, yes, And that ShelbyCounty that fraud alert it works, yes,
yes, And I think that thatis so key sign up for it
because it's it's really really important becausenowadays these people are just wilding out here
(42:38):
in these streets. They are.Yeah, I know. One of the
things also that McCullough law deals with, and you all deal with family law,
whether it's with child support, whetherit's getting a divorce. Yes,
yes, so Princess, we're soproud of her. Yeah, she has
been chosen as a super lawyer.Yeah, she's been chosen as a super
(43:00):
order lawyer seas in Memphis magazine Ithink, and for this month, and
we're just so proud of her.She sits on some of the boards on
the national you know, the NationalAmerican Bar Association. So she's just doing
her thing and just really giving greatservice, uh to those in need of
(43:22):
family loss services, whether that behigh end divorces, high net worth divorces.
That's one of her specialties. Andshe adoption, uh, child support
uh so yeah, custody matters.So yeah, she is doing her thing
and we're just super super proud ofher. Good good And another thing,
(43:45):
I know you all deal with andand I don't know attorneyment colored people are
still doing bankruptcy. I mean,I don't know if it's I know,
when COVID came, a lot ofpeople were filing. So people are still
fighting bankruptcy. Yes, yes,so we haven't gotten back to normal one
(44:07):
hundred. Yeah, so there's becausethey're still doing online hearings, which I'm
really a fan of. You don'thave to go into go into to that
court. Move. Yes, yeah, I'm really a fan of the online
hearing. So I don't know ifthey're gonna go away or not. But
(44:30):
but we're still doing online hearings andit makes it so much easier for my
clients. Unfortunately, they just haveto know how to navigate zoom or teams.
Yes, they do whatever that thatthe software you know that that this
particular court is using. But oncethey get a handle on that, uh
(44:51):
and then if they have a problem, they can always come to the office
and then you know, we canhelp them navigate. You know, they
can have be online in our office. But you know, yeah, people
are unfortunately, you know now thatCOVID and a lot of those COVID is
over and a lot of the protectionsthat were in place at that time.
(45:12):
Those are over now, and youknow it's a challenge. You know,
people are fiscally challenged out here,and so the result is when you need
the relief, bankruptcy is there.So whether it's a seven or thirteen or
an eleven, if you're a businessand you want to maintain your business,
you know, it's the rules,and our bankruptcy rules are there for the
(45:37):
relief that you might need. Okay, good, because I was wondering when
we talk about bankruptcy. You don'thear people. I don't hear people talking
about but before past, I'm filingbankruptcy. Yes, yes, and we
have filed them recently. Actually,yeah, we've done. I think we
did about five last month, sookay, yeah, so not a whole
(45:59):
lot, but yeah, they arecoming back up. So yeah, reach
out to us. Patrese Moses handlesthose in our office. She does the
processing and then I go to courton those matters. And you still basically
attorney Carly. You you're the onewho deals with mostly the entertainment. La
oh, yes, yes, Iknow you like that. Yes, entertainment
(46:21):
is one of the areas that it'sa happy area, you know, a
lot of the other areas, youknow, sometimes not so happy. Yeah,
depending upon you know the subject matter. But entertainment is one of those
areas where you're just really concentrating onproviding people with some level of entertainment and
(46:46):
you're protecting you're protecting the creators ofthe music, or you've you're working with
a promoter who's trying to provide sometalent and some some happiness for that particular
evening, whether we're doing contracts forthe talent, or we're reviewing venue contracts
(47:09):
or uh, you know, ifwe're if I'm representing an artist and you
know, I'm looking at a recordingcontract or a publishing contract for my producers
that are out there. If I'mworking with h an actor, it could
be an agreement. So it's justit runs again. And you know,
(47:30):
I just recently completed, uh teachingentertainment law at the law school, so
semesters over. I turned the gradesin yesterday. I I know about that
stuff. Yeah, I think I'man easy teacher. Most of my students
got as yes see teacher, Yeah, I come. I teach from a
(47:53):
practical standpoint, And so part ofthe exam was for them to work out
a problem. Part of it wasmultiple choice, part of it was you
know, was h give the shortanswer? But yeah, I just you
know, really wanted them to.I graded fIF twenty five percent of the
grade was participation, you know,twenty five percent was a paper, uh,
(48:16):
and then fifty percent was the exam. So you know, they did
extremely well, and I think theyhad fun for the class. See you
you your hands are full with allkinds of stuff, make you're busy.
But that's good. Yeah, that'sgood to stay busy. Absolutely absolutely so
I have fun with it good.Yeah, but it takes a village to
keep my schedule straight. And youhave some good folks around you. Oh
(48:39):
yeah, yeah, I do youknow miss miss Phyllis Angela at the office,
you know, Jimisha with personal injuryto net personal injury, Sasha,
you know. So it's we're we'reextremely happy, uh with just the team.
And then don't even mention the greateight people that we have at the
(49:01):
restaurant. Yes, from my chef'sthere, chef uh Anthony Crumpton and Chef
Pierre Ware, Terrence and and andand Cj' missj. Don't j not mentioned
Miss J Harris, who is theevents manager, making sure that you know
(49:22):
we really have order to all ofthe events that we have there. So,
uh Amber who is our manager?There our bartenders, Tim and uh
Michelle. Tim. Hey, y'all. Tim knows how to make my bloody
mirror. Oh yes, yes,I think you get the Dolly Parton.
(49:43):
Yes, I do you get theDolly parton because the Dolly Parton has bacon
and shrimp all the good stuff inthere. But Tim sims on, yes,
yes, and he sees you coming. He has to the kitchen.
I need shrimp and bacon. We'relike, oh ms BEVs. Yeah,
that's right, I love it.Yeah, you have a good team.
(50:04):
Yes, any other things you liketo say? Last words? Attorney Carly
about McCullum law and law and tellour folks that you all are are there
for them. Yes, yes,McCullum law. We are just happy to
be here and providing a service tothe community. We are at two to
(50:25):
zero six twenty two oh six UnionAvenue. I thought about you the other
day because I passed by there.I said, there they are. Yes,
you're still there. Yes, weare still there. So and we
concentrate on bankruptcy, business, entertainment, family, law, social security,
disability, wills, trust, nonprofitand personal injury, car accidents, truck
(50:46):
accidents, commercial accidents. So justcome on out and check us out.
Our telephone numbers nine oh one sevennine five zero zero five zero. That's
nine oh one seven nine five zerozero five zero. And a reservation at
Mahogany Memphis. Uh, that's MahoganyMemphis dot com. You can make a
(51:06):
reservation on our website and we'd loveto see you. We've got brunch,
We've got a brunch on Saturday andSunday. We've got live entertainment on Friday,
Saturday and Sunday. So come checkus out. We'd love to see
you, and hopefully we'll see youwhen the new restaurant opens as well.
And and and this evening, whatare you calling the workablel Wednesdays? Oh
(51:29):
yes, workaholic Wednesdays. Workholic Wednesday, because as you can tell, I'm
a workaholics. Yes you are.You are deffinitely have a glass of wine
with us. You know, we'vegot a wine on our on our roster.
It's called white Haven. What,Yes, we have the white Haven
Wine. It's crazy. I hadn'tseen that. Yes, well again yeah,
(51:52):
so y'all, y'all, y'all patronizedMahogany Memphis and mccolor law seven nine
five zero zero five zero. Andwhile I'm talking about eating, Attorney McCullum,
I gotta get moy. I loveMahogany Memphis, but I also love
the Rocking Chair. Well, letme tell you about the Rocking Chair.
(52:15):
It is open today on Wednesday.On Wednesday through Sunday, the Rocking Chair
is open from eleven to five pm. You know they rock with the best
entertainment in town and the best soulfood around. Now today is Wednesday.
On the menu catfish baked or fried, chicken, fried or smothered pork chops,
(52:37):
turkey necks, buffalo fish, yams, greens, macaroni and cheese,
cabbage, green beans, Great NorthernBeans, spaghetti, and Miss Ann's chitlings
too. So head on over tothe Rocking Cheer. You can dine in
or take out. Call em atnine zero one four two five five two
(52:58):
six four nine zero one four twofive five two six four And tonight as
we rock with entertainment at the RockingChair, It's Karaoke nine and the big
birthday party for DJ E B Twas a happy birthday. E B T.
(53:19):
So karaoke tonight at the Rocking Chairand go celebrate the big birthday party
with DJ e B T. TheRocking Chair, y'all, we rock with
entertainment and rock with the best Southernsoul food around. Give them a call.
They have your plate ready for you. Nine zero one four two five
(53:39):
five two six' four. That'snine zero one four two five five two
sixty four. You can dine inor take out the Rocking Chair located at
fifteen forty two Elvis Presley Boulevard.They rock with the best Southern soul food
around. And when you go there, y'all tell them BEV Johnson sent you
(54:05):
to the Rocking Chair of Memphis.It's been a good day today. Again.
I want to thank Attorney Carly McCulloughof McCullough Law. Give them a
(54:29):
call. Nine zero one seven ninefive zero zero five zero. Thank you
callers, Thank you listeners for joiningus this day on the BEV Johnson Show.
We do, we really do appreciateyou. So until tomorrow, please
be safe, keep a cool head, y'all, don't let anyone steal your
(54:52):
joy. Until tomorrow. I'm BEVJohnson and y'all Keith the Faith. The
views and opinions discussed on the BevJohnson Show are that of the hosts and
callers and not those of the staffand sponsors of w d I a