Archived
Can an heir appointed by the courts as the special administrator of an estate, legally undo transactions done with a Power of At
John's answer
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Answered on December 25, 2013
An appointed Agent under a POA has fiduciary duties to the Principal and therefore I'd any action taken was not in the best interests of the...
Archived
Business Tax question
John's answer
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Answered on December 25, 2013
A couple of wayd to accomplish this...but honestly not knowing the objectives for you wanting this and the repercussions to Mom make it a...
Archived
As the sole owner of an S-Corp (internet based venture), are the compliance requirements really as bad as they sound?
John's answer
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Answered on December 25, 2013
Yes, yes and yes! Try google the concept of "piercing the corporate veil" and you will see that if you do not adhere to such formalities then your...
Archived
The Income requirement and transcripts versus returns
John's answer
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Answered on December 25, 2013
Try repost as an immigration question and you will get better answers.
Archived
Reading conflicting information about the personal liability offered with Single Member LLC's.
John's answer
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Answered on December 25, 2013
LLC still the way to go but recognize that you NEED to understand and follow the formalities of having an entity that is distinct from you...
Archived
Does a beneficiary of a NY irrevocable trust have the right to withdraw the entire trust at age 30 if the trust stipulated that
John's answer
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Answered on December 25, 2013
No answer can be given here without actually reviewing the terms of the trust. I craft trusts all the time with designated ages where the trust...
Archived
I want to start my own country. This country would be a floating platform in international waters. My question is...
John's answer
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Answered on December 25, 2013
I think you should wake up and smell the roses.....the new age of business in the cloud does not mean you can establish a "country" and then turn a...
Archived
How do I remove my name as Power of Attorney from a bank account once the principal is deceased
John's answer
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Answered on December 25, 2013
Your POA terminated upon death of the principal so not to fret unless you are also the named executor of the will which is what controls...
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Archived
Where can I find the fee schedule for licensing a patent to my own LLC? Can't find online.
John's answer
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Answered on December 25, 2013
It all depends on what you are trying to accomplish. In other words, if you are sole member of an LLC then the license fee, whether low, medium or...
Archived
I was told my proxies will be invalid two days before the meeting . Because they are not the ones the management sent out
John's answer
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Answered on December 21, 2013
In NY there s no requirement for the form of a proxy.....so only limitation would be the Bylaws to the extent they allow the Board to adopt a...
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