Are you going to continue doing business in California? if not, why not reincorporate in NV create a NV corporation or LLC and transfer assets of...

Business or Family Trust - What is best

Generally an LLC if organized and operated properly provides insulation against personal liabilities. Only liabilities of the LLC itself should...

Corporations

My first question is why you wish to have a separate entity. If you are seeking to protect your personal assets from creditors or something of the...

I would like to open a Bed and Breakfast business with a partner investor from Canada. How do I go about this?

You have two practical options in terms of corporate structure. You could create a garden variety "C" corporation or an LLC. If the plan is to...

Should I quit claim deed of our property to my wife for her to sell the property without me being present?

There are a couple of options. First, you can executive a power of attorney giving your wife the right to convey your interest in the house. The...

How do I register my business with the U.S. if I live overseas?

I would disagree slightly with Mr. Duffy. First, there is no income tax assessed on your company's income by the State of Delaware unless you are...

You can certainly have rental properties held in a corporate name. A common way to hold real estate is to form a limited liability company to hold...

How do I register my business with the U.S. if I live overseas?

I have a number of clients living abroad who do business in the U.S. They are foreign nationals, but the issues are the same. I suggest that you...

I was given 1/2 acre of land,12 years ago,now i am being asked to leave

If your brother conveyed the land by deed, you presumably have title and need not move. However, in the absence of a written document, you may...

What is the procedure to convert from LLC(single member) to a Corporation ? Both are California entities.

Mr. Fromm is the tax expert here and I defer to him. I can say that at the federal level if you convert your LLC to a C corporation (or an S for...