Archived
If I have an LLC, will creating a dba under the LLC also provide me with the limited liability protections of the LLC?
John's answer
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Answered on March 23, 2014
Depending on the nature of the different businesses you might want to house each in a distinct LLC to afford better safety of claims from one...
Can a verbal or email agreement supersede a written contract?
John's answer
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Answered on March 23, 2014
Look at the original contract and look for a provision entitled "Amendment or Modification" which will set forth the process to make an amendment...
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Archived
My ex-husband put me on 12 credit cards as a co-user, that I did not authorize and stopped paying them. Can I sue him?
John's answer
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Answered on March 23, 2014
1. Being a co-user does not mean you are personally liable on the cards which would be status of a co-borrower. A primary card owner can add kids...
Archived
Can a sibling (executor)change home deed to there name only if it was willed to 3 siblings
John's answer
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Answered on March 19, 2014
Remember that a Will does not control all assets of a decedent. There are ways to bypass the will and one way is through the titling of a deed for...
Does a spouse get a step up in basis on property inherited through a LLC that he was the only member?
John's answer
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Answered on March 19, 2014
You do not get a basis step-up in the properties automatically by reason of death. You get a basis step-up in the LLC Membership Interest instead....
Archived
What are the tax consequences if a property owned by S corporation is sold to its share holders for less than it was purchased?
John's answer
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Answered on March 19, 2014
Not enough information to help you in this very technical area and is dependent on numerous facts not known in our post. IRC Sec 336(d) (1) is the...
Archived
What could of happened?
John's answer
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Answered on March 19, 2014
If you did nothing wrong and have stated so then little you can do. Perhaps she was just testing to see if you did she could be assured of...
Archived
How would you know if someone left a will for their children after they are deceased.Where to go to find out.
John's answer
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Answered on March 19, 2014
Best ways to try find out would be:
1. Ask friends of your sister if they were ever told of one.
2. Ask your sister's lawyer (if known)
3. ...
Archived
Subpoena's for Bank Records Family Court Income Analysis
John's answer
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Answered on March 19, 2014
See enclosed link for the form-fill list of different type subpoenas:
http://www.occourts.org/self-help/civil/thetrial.html#subpoena
S corporation and personal guarantees by a partner
John's answer
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Answered on March 19, 2014
If you do not sign the personal guarantee then you are not liable for the corporation's debts and the primary reason people form corporation's to...
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