Archived
How does the IRS determine the value of a small business llc (one member only) for estate purposes
Herbert's answer
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Answered on November 13, 2015
As noted by the other attorneys, if you are considering a transfer for estate planning purposes, you'll want a qualified appraisal done. One...
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Archived
How much is a NFA trust?
Herbert's answer
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Answered on November 13, 2015
I'm not sure we are allowed to talk about pricing on this website, because of anti-trust concerns.
As far as an NFA gun trust is concerned, it...
Archived
I need to know if a document I signed is legally binding. It is in its entirety below. We just printed it out and signed it.
Herbert's answer
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Answered on October 15, 2015
Generally, there has to be sufficient clarity and detail in a contract so that the parties know what they are agreeing to. Also, there does have...
Archived
Is this document I signed legally binding? I backed out, can the other signer seek a stake later on in my company?
Herbert's answer
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Answered on October 15, 2015
One could argue both sides. As the other attorney indicated, there may be other relevant facts. In general, contracts need to be specific enough...
If a non-profit org. has a 99 year lease on a property can it carry as an asset on the balance sheet
Herbert's answer
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Answered on October 15, 2015
It would probably be helpful to consult with an accountant experienced with nonprofits, as most of these are tax questions right in the bailiwick...
Archived
I want to start my own business
Herbert's answer
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Answered on October 15, 2015
Assuming you've first sat down and put together a spreadsheet to figure out the financial aspects, an attorney could be helpful in suggesting what...
Archived
There's a 10k default judgement against my corp. It is no longer in business and has no assets. Can the court ask me to pay
Herbert's answer
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Answered on October 15, 2015
In addition to the good comments of the other attorneys, there are situations where a default judgment can be removed, depending upon how long it...
Archived
Can an employer force me to give up my property!
Herbert's answer
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Answered on August 20, 2015
It sounds like the employer is looking for a deposit to insure the return of the walkie-talkie? Not sure that is permissible, if the walkie-talkie...
Archived
Mortgage Modification, just paid $2995 now new paperwork wants $675.37 and a new $1000 escrow. Is that legal?
Herbert's answer
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Answered on August 20, 2015
As the other attorney indicated, there are generally not enough facts in an online question to be able to accurately answer the...
Archived
Are you responsible for damages from a healthy tree falling?
Herbert's answer
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Answered on August 20, 2015
The neighbor's insurance generally won't pay you for "an act of God". That said, if the fence will be costly to repair and or it will be costly to...