What is the definition of a mandatory distribution from a discretionary trust?
Not possible to give definitive answer without looking at the trust. Having said that, if the issue is "5% of the trust assets each year" AND the...
Newburyport, MA
Business Lawyer at Newburyport, MA
Practice Areas: Business, Contracts & Agreements ... +2 more
Not possible to give definitive answer without looking at the trust. Having said that, if the issue is "5% of the trust assets each year" AND the...
You left out the most important word which is "corporation". Non-profit is a tax election. The term "corporation" is the key word. The government...
I get the impression that you are not working with legal counsel at this time. I highly recommend you do so. There are a number of issues you...
Looking forward, if you plan to move the entity to California you should consider merging with a California entity you create or, if allowable on...
You asked a risk management question and an estate planning question. Both should be addressed by an attorney with you. But in general, LLC's...
PLAN B: A "business solution" would have been when you were negotiating for the new job you factored in the potential cost of paying for the old...
I agree with the previous answers but also want to add that your attorney needs to sort out for you the difference between copyrights, trademarks,...
The trust should have a clause in same that addresses the matter, pre-mortem and post-mortem of the trustor.
You start an LLC when you are ready to start your company and get your EIN number. If you want a calendar year, and you are in December, you may...
You need an estate plan, not just a document. The law, and the cost to prepare legal documents, are driven by the facts. For example, if your...