The operating agreement should identify the members and their membership interests. The LLC can open one or more bank accounts wherever it...

I am not sure who do I make the check out to when purchasing a percent of a LLC

You write the check to the party from whom you purchase the interest. If the LLC is issuing new interests to you, ten you write the check to the...

Is a lease valid if the Lessor(corporation) is not named on the deed of the space being leased? I own the building and corp

This appears to be a repeat question. The landlord or lessor typically is the owner of the property; however, you could lease the building to your...

IIf I purchase an abandoned gas station that has an environmental lien date 2003 am I liable for the clean up cosy ?

The purchaser could be responsible for environmental liability unless it protects itself by conducting adequate environmental due diligence. That...

Typically, adding a new member can be handled by he or she signing a subscription agreement and becoming a party to the operating agreement....

If a building is being leased by a corporation does that corp need to be on he deed of the building?

The landlord or lessor typically is the owner of the property; however, you could lease the building to your corporation and it, in turn, could...

How do I get unearned fees back from my deceased lawyer?

Any unearned retainer held by the deceased attorney becomes an obligation of his estate. You should assert a claim to the estate for the unearned fee.

Can i girft part of my Scorp stock to my dad?

Yes, you can gift a portion of your shares to your father. At a minimum it would require a stock power and should include a shareholders' agreement...

Where should I file me tax return? Am I liable to file my tax return in Delaware, US?

It sounds as if you're referring to State franchise tax, which is payable in the State of incorporation (Delaware for your corporation). You should...

Other than a veil piercing claim (you disregarded the separate identity ot the corporation by comingling assets and obligations, failed to...