I would not be in favor of such an agreement for all the reasons you mentioned.

A Massachusetts execution for possession only is only good for 90 days. If more than 90 days have passed from the date the execution has issued,...

You should contact a CPA and get a comprehensive analysis of all tax issues relating to the business including the question you asked. Your partner...

Your grandmother's individual heirs or devisees have no personal liability for the debt, nor does your grandfather. From your description, only...

If you have an attorney representing you in the Land Court case you shojld address this question to him/her.

Have your sister send them a G.L. c. 93A demand letter setting out a chronology of events as in your summary but insert dates and the names, if you...

You are correct. The applicable statute states the six years begins to run when the cause of action accrues, i.e., when you default (stop paying)...

I assume you have an execution lien on the employees house. An execution lien is realized by a sheriff's sale. Whoever is the high bidder at the...

Your home would not be considered an asset of the LLC simply because you use it as your company address. Using your car for business purposes does...

The issue of liability to tenants for injuries can also be addressed by adequately insuring the property.