Two individuals are forming a DBA for the insurance business.

An LLC often is a great choice for organizational flexibility, limited liability, and pass-through income tax classification. As to whether it is...

Could you help me acquire a public company through custodianship?

You cannot act as a custodian for a corporation. You need to conduct an investigation to ascertain to the extent possible the holders of the...

Generally, a contract is not enforceable unless it has been signed by all parties. However, if it has been signed by you, the company might attempt...

Are companies selling exempt private securities subject to a lock-up period if they are to be sold privately and not publicly?

Pursuant to the terms of the exemption for your Reg. D offering, the investors will need to affirm their investment intent and will be constrained...

How do I transfer everything from single member LLC "A" to the newly created single member LLC "B"? Can I use the same EIN?

You should consult with an experienced Business Attorney to discuss why you want to transfer assets from LLC A to LLC B. The answer to that...

When a multi-member llc statutorily transfers to a C-Corp, how do the members interests transfer over?

The interests of the LLC convert into shares of the corporation according to the terms of the conversion. Regardless of the number of issued...

What is the best state in which to incorporate a corporation of a building which is located in Iowa? An LLC or Sub S or C?

Generally, the best State in which to organize an entity to own and operate a building is the State in which the building is situated. Most...

Can a trust fund which owns 30% of the member share be eliminated from an LLC??

Absent a provision in the company agreement, you cannot simply "eliminate" the LLC interests of a member. Moreover, it is unnecessary to do so as...

There are questions whether you withdrew as a member or whether you dissociated as a member and whether you have been indemnified for any...

What is the title of a person that gives some ideas and contributes to the name? Also her rights to the business?

Her position, whether involving management authority, shareholdings, or both is purely a function of any agreement that you two might reach....