First you need to review the operating agreement, if there is one. If there is no agreement or if it does not address the situation, you need to...

How do we fire a band member and retain rights to perform and sell music they had a hand in writing and recording?

If you have an operating agreement or LLC agreement, you need to look there first to see if you can remove him as a member or buy him out. If not,...

Is there another way for me to acquired a liquor license?

Sorry to hear of your predicament. It sounds like you did not use an attorney to negotiate your lease - obtaining a certificate of occupancy is key...

I was assuming my LLC was a separate entity. Therefore; is there a legal distinction between business mail and personal mail?

Yes, an LLC is a distinct legal entity. It's the LLC, not you, that would be opening the account with the CMRA. Your personal mail should be...

Can a business add my soon to be ex to my account and give him all my information regarding the account after being asked not to

Depending upon the type of business, you should be able to open an account in your name only, to the exclusion of your soon-to-be ex-spouse. You...

Is there such a thing as a verbal contract regarding the sale/transfer of a home?

Contracts involving the sale or transfer of real estate must be in writing to be enforceable. You should contact an attorney who can help you with...

Does this type of business exist?

The tax treatment of distributions or dividends, and the impact on the entity, varies among different entity types, but generally the retention of...

S corporation subsidiary and division restrictions, liability issues

Yes, an S corporation can establish separate divisions. However, divisions are parts of the single corporation and the assets of any division are...

Your questions should be addressed in the LLC's operating agreement. If it does not have an agreement, or if the agreement does not address those...

Profit distribution in LLC/S corp

If your entity elects Subchapter S status, it is taxed under those rules regardless of whether it is a corporation or an LLC. Subchapter S status...