I'm wanting to start a small personal business and I'm not sure how to go about doing it

Assuming there is potential liability from the business, you should form a limited liability entity such as an LLC or corporation to operate the...

I am buying a business. Target entity Delaware LLC. My company is California S-Corp. Is asset or LLC membership purchase best?

Generally, the purchaser of the business will prefer to acquire the assets rather than the equity of the company that owns the business. That way...

Can you tell me the legality of this? There are many partners affected and could it be a class action?

A complete analysis would depend upon a review the entire operating, but based on the provisions cited the you it appears action is within the...

On LLC taxation, Company A (Inc) and Company B (member managed LLC) formed Company C (managed LLC).

I understand your proposed structure has Company A and Company B as the members of Company C, and each of Company A and Company B designate 3...

What are the legal processes a business owner would have to take undergoing a surname change?

Your best course of action probably is to file a Cancellation of Trade Name Certificate using your prior surname and file a Certificate of Trade...

Does an entity setup that is created for asset protection need to generate profit?

The short answer is No, the LLC is not required to generate a profit. It is far from certain that an individual may safeguard his or her assets...

Domestic partnership in CA

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

Business Set Up question

Some of your analysis of tax and corporate law is misplaced and I'm not sure you would accomplish your unstated goals. Your best approach would be...

Can a person who "claims" 50% share of the business win the case but has no paper trails of ownership and has 0% share?

Anybody can file suit. The question will be whether he or she can prove the existence of a partnership or other agreement. You should take the...

You can bring a suit, but I doubt it will be worth your while. It's questionable whether your name, address, and phone number is sufficiently...