Should I setup a separate acct for a very small estate for which I'm named in a will & have power of attorney?No other siblings

I agree you should hire a PA probate attorney to assist with the process. While seemingly a simple situation, the process by which you fulfill...

I am the only owner of a small business and have registered it as a LLC. What about taxes?

You've gotten good answers to your question. A single-member LLC with no employees is not required to obtain its own EIN, but it can (and it might...

I am on disability with MS and I understand I have earning limitations. Does incorporating my small business help?

As a general matter, I encourage all sole proprietors to consider the limitations of that form of business ownership and to at least consider...

Depending on the precise language in your contract, you may have no legal recourse other than to negotiate a release or waiver from the non-compete...

If I buy the business from my boss, and I know he's done illegal things in the past, can I be held liable for these actions?

Depending upon a variety of factors (e.g., the structure of the buy-out, the nature of the past actions, applicable statutes of limitations, and...

Can the donation of a website to a non-profit be considered a charitable contribution?

Contributing your time, talent, and services to a charitable organization is not tax-deductible. But, donating an item of tangible or intangible...

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If my husband stops his business, is our house in danger?

Generally speaking, you would not be personally liable for debts and liabilities of your spouse. While he may be personally liable under the lease...

I believe I was overcharged by an attorney who reviewed a purchase agreement for me. I was charged approx. 10% of selling price

You have several options. First, you should have a frank, yet rational discussion with the lawyer expressing your surprise at the amount of the...

The proactive approach is to file Articles of Dissolution or Cancellation with the state (filing fee is nominal in most states) and liquidate any...

I am interested in entering into a partnership with a friend. There is an existing llc.

I would not join the existing LLC--increased risk and complexity going that route as opposed to forming a new entity. Various legal and tax issues...