Archived
What is the best business structure for 3 women that are starting an interior design firm together and who will have equal share
John's answer
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Answered on February 15, 2014
Either an s-corp or an LLC an either one will afford you the creditor protection that is important. An s-corp and LLC do not pay a entity level tax...
Archived
Who is responsible to pay my deceased mother's taxes if there is nothing left in her estate ?
John's answer
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Answered on February 15, 2014
No one else is responsible for a decedent's debts and if the assets are insufficient then the creditors eat the loss - end of story.
Archived
What are the steps to take obtain a will that was changed due to a remarriage?
John's answer
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Answered on February 15, 2014
Dad probably had joint accounts with spouse and when he died first the surviving spouse became 100% owner of such accounts. Unfortunately the terms...
Archived
I run a small home business under an LLC. A vendor's lawyer is threatening to sue me for nonpayment. What will happen?
John's answer
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Answered on February 15, 2014
He cannot sue you (personally) if the debt is in the name of the LLC. This is the creditor protection aspect of an LLC that is intended to stop...
Archived
I am investing in a start up LLC - what kind of contract do I need for this?
John's answer
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Answered on February 15, 2014
A Membership Purchase Agreement (or subscription agreement) can describe the details of the what you are purchasing. In addition, you will also be...
Archived
Sister dies with no will. Husband wants to sell the house, can he be evicted by brothers of the wife?
John's answer
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Answered on February 15, 2014
All depends on the deed to the home and whether it is listed as 3 siblings as "Tenants In Common" or the 3 siblings were Joint Tenants. The...
Archived
If you are a beneficiary to a trust, how do you get documents disclosed if there is no official trustee?
John's answer
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Answered on February 15, 2014
A trust cannot be created without a trustee so did the named trustee die? If this is the case then where are the trust assets and who is the trust...
Archived
How to get the corrected W2 form?
John's answer
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Answered on February 15, 2014
Directly from the horse's mouth -- see attached...
Archived
Can a utility company (electricity) hold me responsible for a bill when I have never lived at either address.
John's answer
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Answered on February 15, 2014
See enclosed link which deals with your issue and how to file a compliant with the Consumer Affairs Division of Indian Utility Regulatory...
Archived
How do I become a co-owner of a existing foundation that is 501c3 exempted
John's answer
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Answered on February 15, 2014
Seek out the advice of a not-for-profit lawyer as such entities are under the jurisdiction of a State's attorney general's office given it is a...
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