Yes, an LLC member can be the sole guarantor of the LLC's repayment obligations, even if that member is a minority or partial owner, assuming that...

Operating agreements do not need to be notarized in order to be legally effective in North Carolina. Absent serious concerns about fraudulent...

The short answer is yes, you can start a new business. The more complicated discussion you need to have with a business lawyer during an initial...

Given the multiple parties and legal authorities/documents in play, you cannot get a reliable answer here, as we address legal questions generally,...

As the trustee with fiduciary duties to the trust and the beneficiary, you are thoughtful, not only in your anticipation of potential issues as...

A special needs trust is a very strong possibility here; this can be confirmed during an initial consultation on the matter, with a local estate...

Lawyers have broad latitude to set their own rates, but for a relatively simple POA, this should not be expensive. You can very likely find a...

If your mother has not executed a general POA for her personal, business and financial matters, you might consider filing a petition with your...

I agree with Attorney Gikas. If you intend to revoke the trust in whole, the trustee needs to transfer assets back to you first, and then the...

You of course will need to confirm the final answer with a retained business lawyer who advises you on corporate governance and structure, and...