Will I be liable for any business associated cost, even if I am not included in any business related paperwork?

Yours is a complex situation and the answers to your questions depend upon how you treat your LLC interest. The existence of the LLC protects your...

I was laid off and am receiving severance for a year. Can I lease a car as a business expense of my real estate LLC for taxes?

To the extent the car is used for business purposes, the LLC can deduct the auto expenses. If it is shared business and personal use, the LLC can...

Who is authorized in a LLC Petitioner to bring a non payment action? Who must hire the attorney? What about the Managing Agent?

It's entirely appropriate to insist on a showing of authority of those purporting to act on behalf of the landlord. The landlord should be the...

My husband died in 1984 he owned s roofing and siding company his partner claimed there was no money in the business .

You and your children need to ascertain the status of your husband's interest in the business. First, what form of entity runs the business?...

What will happen to my business if my business partner files chap 13 and its converted to chap 7?

The impact of the majority member's personal bankruptcy will depend upon the structure of the LLC as established by the operating agreement. You...

As Mr. Bradley states, the suit would be brought by the LLC and the issue is what individual(s) have the authority to cause the LLC to take that...

Can I Have an LLC in NY and CA?

Yes, your NY LLC can do business in CA as long as it registers as a foreign entity in CA. If the businesses are sufficiently disparate, you might...

How do I add a foreign member (Canadian) to my US LLC?

The answers to your questions depend upon the current structure of the LLC. Is the LLC manager-managed or member-managed? If manager-managed, will...

I agree with my colleagues that voluntary suspension is not an option. Your choice is whether to to keep your LLC in good standing or to form a new...

How can i make a for profit raffling company legal?

Your proposed business would need to comply with applicable gaming laws, if permitted at all for a for-profit business. Non-profits are constrained...