Archived
My mom died house was left to us no will or poa we sold house do we have to pay 20000 loan that she had. No lean on property.
Michael's answer
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Answered on December 22, 2011
Her estate would be responsible for the debt, not you. It would have to be paid before the estate was probated, and the administrator of the will...
Archived
Is it appropriate for a lawyer to handle family real estate transactions in which they will benefit?
Michael's answer
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Answered on December 22, 2011
There is a set of rules attorneys must follow when the transaction is one they are personally involved in. It involves disclosures, waivers, and...
Archived
Tax Deductible
Michael's answer
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Answered on December 22, 2011
Hi there,
If you've been invoiced you have a current liability - the fact that the payment due date is in the future is not necessarily an...
Archived
Once you got a 'patended business/idea' have a contract how do you negotiate with companies?
Michael's answer
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Answered on December 22, 2011
The best way to do all of this without getting taken advantage of is to have a good attorney. You first need to understand what what can be...
Archived
Will reorganization/conversion from sole proprietorship LLC to partnership LLC or C corporation erase company's history?
Michael's answer
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Answered on December 21, 2011
I understand you're receiving conflicting information here on Avvo, but your company's financial history would certainly carry over if you wanted...
Statute of Frauds and employement contract
Michael's answer
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Answered on December 21, 2011
Hi there,
Your contract would likely meet the requirements of the statute of frauds. It only applies if you don't have a signed writing. If you...
Archived
Can the owner of LLC with sole proprietorship who holds H1B visa be hired as an employee and sponsored by this LLC?
Michael's answer
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Answered on December 21, 2011
This is really an immigration question, but I can say that an H1-B visa holder would qualify to work at a company owned by the visa holder if the...
Archived
International business
Michael's answer
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Answered on December 20, 2011
Hello Alsuhail,
What would your role be in this transaction - agent, distributor, representative, importer, partner, etc.? What rights and...
Archived
What is the best way to sell to huge companies?
Michael's answer
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Answered on December 20, 2011
As my colleague noted, an idea alone is likely of little value to a company, particularly a big one. They need proof of concept. You need to invest...
Archived
How to properly set up an LLP in NJ
Michael's answer
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Answered on December 20, 2011
Hi there,
As my colleague correctly noted, you would not be able (nor would you probably want to) set up an LLP in NJ. You can form a...
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