Archived
Can I go back to a Sole Prop after being a C Corp? I want to continue my business but not as a C Corp.
Kenneth's answer
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Answered on March 17, 2012
The simple answer to your question is "yes." You can dissolve the C corporation and distribute the assets to the shareholders. (You say there are...
Archived
I am setting up a new software company to develop a product in the market place.Should it be an S or C corp?
Kenneth's answer
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Answered on March 17, 2012
The answer is "it depends." All corporations begin life as a C corp. One elects S corp status by filing a form 2553 with the IRS within 75 days...
Archived
Can I become a partner in a law firm?
Kenneth's answer
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Answered on March 17, 2012
If you were here in DC, the answer might be "yes." We are one of the rare jurisdictions that allow lawyers and non lawyers to be in the same firm,...
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Archived
Do I need a business attorney as well as a tax attorney?
Kenneth's answer
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Answered on March 17, 2012
I am sorry to hear of your difficulties. Divorce has enough stress on its own, not to have to deal with something of this sort. The first...
Archived
Can i get a warranty deed to my llc with a certificate of title in hand
Kenneth's answer
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Answered on March 16, 2012
If I follow you correctly, you want to convey title to your LLC by warranty deed? Why? that means you personally are making warranties of title...
IS IT POSSIBLE FOR MY AUNT/UNCLE TO POSSESS A QUIT CLAIM DEED THAT MY GRANDMOTHER SIGNED IN EARLIER YEARS? are these recorded?
Kenneth's answer
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Answered on March 15, 2012
I teach property law and have for many years. I continue to be fascinated by the real issues that arise in the world.
With the caveat that I...
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Archived
How to ensure I have a stake in a future venture/company?
Kenneth's answer
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Answered on March 15, 2012
This is a common issue with start up companies. You mentioned counsel for trademarks--I hope you have counsel for the business issues which are...
Archived
My Husband owns a business (C-Corp) that he started 20 years ago. We have been married for 4 years, and living together for 8.
Kenneth's answer
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Answered on March 15, 2012
I do not, of course, know whether divorce is a likelihood or even significant possibility, and if not, whether some other concern drives your...
Using a UPS Store mailbox as my business address for my home business - what city do I obtain my business license for?
Kenneth's answer
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Answered on March 15, 2012
Where are you engaging in the business activity--in your home. If so, I anticipate you will find that you must register there. The UPS space is...
Archived
Registering as a Foreign LLC in California - how long do I have?
Kenneth's answer
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Answered on March 15, 2012
The California Secretary of State information advises that you must register before doing business in California, which is a pretty common rule in...
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