William Bronchick’s Answers

William Bronchick

Aurora Business Attorney.

Contributor Level 8
  1. Is it possible to put an IRA into a living trust?

    Answered 4 months ago.

    1. William Bronchick
    2. Jason Samuel Sheinberg
    3. Michael Leo Potter
    4. John Greuner
    4 lawyer answers

    An IRA has a designated beneficiary or beneficiaries, which already passes their account to your heirs. If that is your reason for using a living trust, its not really necessary. If you name the beneficiary as your living trust, then you may be able to control things better through the instructions in the trust, but there are different tax consequences for doing it this way, which you should speak with your CPA about.

    6 lawyers agreed with this answer

    1 person marked this answer as helpful

  2. Do I need a Tax ID # and business name to form an LLC?

    Answered over 2 years ago.

    1. David M. Rich
    2. Robert John Murillo
    3. Matthew Erik Johnson
    4. William Bronchick
    5. Robert A. Stumpf
    6. ···
    6 lawyer answers

    He's trying to avoid having to give you a 1099, but what most people don't realize is that having an LLC does NOT absolve him of that liability. It's only if you are a CORPORATION that he does not have to 1099 you.

    4 lawyers agreed with this answer

  3. Can my sister quick deed my mothers home to her name and then sell it

    Answered 2 months ago.

    1. William Bronchick
    2. Susan Morath Horner
    3. Stephen Clark Harkess
    3 lawyer answers

    You mean "quit claim" deed. Only the owner (your mom) can transfer ownership because she must sign the deed. It's possible your sister prepared the deed and stuck it under her nose for signature, which sounds like the case. If so, you should immediately hire an attorney to challenge the transaction. If your mother is incompetent or was lied to when (if) she signed the deed, you need to take action NOW before your Mom is gone and there's no proof. If your mom voluntarily signed the deed and...

    3 lawyers agreed with this answer

  4. How can I prevent a defendant from hiding their assets in an LLC?

    Answered over 2 years ago.

    1. Frank Wei-Hong Chen
    2. Eric D Ridley
    3. William Bronchick
    4. Charles R Smith
    4 lawyer answers

    You can't name the LLC unless the LLC is at fault or she was working on behalf of the LLC when she committed the wrongdoing. There's a law called "fraudulent conveyances" that allows you set aside any transfers that were made to the LLC to avoid paying creditors.

    4 lawyers agreed with this answer

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  5. Do I need attorney to file specific performance action and record lis pendens?

    Answered about 1 month ago.

    1. William Bronchick
    2. Stephen Clark Harkess
    3. Susan Morath Horner
    3 lawyer answers

    The standard Colorado Real Estate Commission contract requires first that you go to mediation. So your first step is to demand mediation. If that doesn't resolve it you can sue, but you will have to file in District Court, which isn't like small claims - lots of rules that will require an attorney. As a matter of strategy, get the seller to admit in writing why he won't close (bait him in an email). That way, you can use it against him later.

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  6. Does a A B trust need to be recorded in Colorado?

    Answered over 1 year ago.

    1. John W Weaver
    2. Christopher Daniel Leroi
    3. William Bronchick
    3 lawyer answers

    If you own real estate in the trust, you may want to record a "Statement of Authority" in the County where the property is located with the Clerk and Recorder.

    2 lawyers agreed with this answer

  7. DO I NEED A REAL ESTATE ATTY

    Answered over 2 years ago.

    1. Eric Edward Rothstein
    2. William Bronchick
    3. Roman Tabatchouk
    3 lawyer answers

    A lender does not have to give you a loan modification, you might try either a forbearance agreement, a Chapter 13 Bankruptcy or a short sale. In short, don't bother talking with an attorney just about the modification, but rather all other legal options you have for your situation. Good luck!

    1 lawyer agreed with this answer

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  8. Landlord issues: Fraudulent invoices, illegal renting, hiding income for disability and IRS, etc.

    Answered 2 months ago.

    1. Stephen Clark Harkess
    2. William Bronchick
    2 lawyer answers

    I don't see anything wrong the landlord did as far as YOUR rights, except possibly the security deposit. Demand it back in writing, and if he refuses, follow the procedures to get it back in small claims court. http://www.tenant.net/Other_Areas/Colorado/crs/103.html If his emails are over the line threatening and persistent, it may be illegal harassment, which could get him into trouble if you complain to the Police. But it sounds like he's just a nutty old man, so get your deposit back and...

    1 lawyer agreed with this answer

  9. Apartment Wants to charge us $600 carpet replacement for 1 room even though it was left in good condition.

    Answered 2 months ago.

    1. William Bronchick
    1 lawyer answer

    Easiest route would be to go to small claims court and sue the landlord. Before that, I would ask the landlord to document in writing (including photos, invoices, labor, etc) the expense they incurred. This will flush out what kind of case they have before you try to sue them. You may also want to demand, in writing, that your security deposit be returned. Do it regular AND certified mail. That way, if they don't return the deposit timely (and the Judge in court rules in your favor), you...

    1 lawyer agreed with this answer

  10. Does corporate book required by law in new york?

    Answered 4 months ago.

    1. Everett S. Carbajal
    2. Dana Whitney Atchley
    3. William Bronchick
    4. Glenn Johnston
    4 lawyer answers

    A corporate record book, or more accurately, what's in it, is crucial to your company's survival in an audit or lawsuit. Failure to keep minutes, have resolutions, issue stock, have By Laws, etc can be fatal to your cause. Corpkit and Blumberg sell cheap kits, or you can use a $5 binder from an office supply store, and it works just fine. Just make sure you have the necessary documents INSIDE.. You can find software kits on the Internet that are adequate for corporate forms. Of course,...

    1 lawyer agreed with this answer