Archived
Does dissociation of a partner requires a legal form or can it be done by just stating the partner wants to exit the partnership
James's answer
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Answered on September 12, 2016
First, you need to clarify whether it is a partnership or an LLC, as the entities and applicable laws are quite different. Second, you need to...
Archived
I have an LLC and leaving the bar and opening another one. How do I close the first and open the second?
James's answer
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Answered on September 12, 2016
Unless you have liabilities or potential liabilities in the LLC, there is no reason why you couldn't use the existing LLC to purchase and operate...
Archived
Can I use my LLC to do property management for my rental house?
James's answer
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Answered on September 12, 2016
Yes, you can use the LLC to provide property management services, but you should discuss your rationale with an experienced Business Attorney to...
What entity should I use for my RCFE business for 6 beds?
James's answer
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Answered on September 12, 2016
Generally, you should conduct business in the form of a limited liability entity such as an LLC or corporation. You should consult with an...
Archived
How can I get out of an LLC when I don't want any money from it.
James's answer
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Answered on September 12, 2016
I agree with Messrs. Doland and Shultz. You should review the operating agreement with an experienced Business Attorney to assess any potential...
Archived
What forms do I file to end a limited liability company in California? I filed articles of organization with the Sec of State.
James's answer
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Answered on September 12, 2016
I agree with Messrs. Wall and Doland, who have provided very specific information for this relatively simple process.
Can a H1B hold the signatory of the business(LLC) bank account where US Citizen and H1B are the partners?
James's answer
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Answered on September 12, 2016
You should check with an experienced Immigration Attorney to ensure that acting as a signatory on the LLC bank account would not jeopardize the...
Archived
Can I be held liable for money that was paid to my LLC, fraudulently, via internal bank transfer by an unauthorized person?
James's answer
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Answered on September 12, 2016
The terms of your account agreement with the credit union should be reviewed to establish whether you are obligated to return the funds that were...
Archived
Can I dissolve a general partnership and keep all rights to the business?
James's answer
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Answered on September 12, 2016
Because you entered into a partnership (or is it an LLC?) with an individual, you need to establish the terms of that partnership and the...
Archived
I want to start a llc but i dont want my information to be public
James's answer
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Answered on September 12, 2016
As Mr. Doland states, there are a number of structures by which your membership in the LLC will not be publicly available information. You should...