On a small corporate board, is it possible that a power of attorney be used for a couple of elderly members?

I agree that the organizational documents of the nonprofit corporation, as well as the powers of attorney, need to be reviewed, but it is unlikely...

How do we incorporate

An LLC is often the vehicle of choice for a real estate venture because of its limited liability, pass-through tax structure, and organizational...

What is needed to form a Holding Company and start businesses under the holding corporation.

A holding company simply is a company that owns the equity interests in one or more subsidiary companies. To form a holding company you need to...

Series LLC

I don't believe the process is referred to as a conversion, but rather requires an amendment to the articles of organization, as well as a...

The transfer or extinguishment of the deceased's membership interest can be accomplished a few different ways, including a repurchase or redemption...

I am changing the Practice Area so that your question might be answered by Real Estate Attorneys.

Probate in New York/New Jersey

Your scenario is missing a crucial element, namely the transfer of the shares of the S Corp. in the event of your death. As a non-executive...

Looking for legal/tax advisor to advice on set up of start-up in the US with US and non-US shareholders

The best structure and the tax implications of that structure will be dictated by your particular circumstances, which goes beyond the limits of an...

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If an LP's GP is an LLC and said LLC forfeits its existence with SOS does that require removal of GP?

Your question is a fairly complex one that involves both limited partnership and the LLC Law and thus goes beyond the restrictions of a...

Benefits of Delaware LLC vs home state?

If your operations will be limited to New Jersey, it is unlikely that the benefits of Delaware law will outweigh the additional costs of complying...