What is the best way to transfer property from a Corporation into my LLC. I own 95% of the company and property?
Brandon's answer
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Answered on March 28, 2023
The corporation will need both a lawyer and CPA for this deal. A deed instrument in which the corporation is the grantor, and your LLC is the...
Can an account beneficiary or POD be contested in North Carolina?
Brandon's answer
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Answered on March 28, 2023
It is certainly possible if third-party fraud, duress, undue influence, or mental incapacity on the part of the principal, was in existence at the...
How to transfer inventory from one business to another?
Brandon's answer
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Answered on March 28, 2023
A sole proprietorship, not having any formal legal existence (unlike a corporate entity), has only assets to sell, so most likely, an asset...
Grace period?
Brandon's answer
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Answered on March 27, 2023
I assume that you are the landlord. N.C.G.S.§ 42-46(a) requires a five-day grace period before late fees and other penalties can apply. As for...
Buying a business?
Brandon's answer
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Answered on March 27, 2023
I completely agree with my learned colleague, Attorney Pennell. If you are willing to expend significant capital and resources to buy a business,...
If I start an LLC for one business, will it cover the liability of a DBA that's associated with the LLC?
Brandon's answer
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Answered on March 27, 2023
I totally agree with Attorney Doland, who is deeply erudite in the field of corporate law--both from a transactional and litigation perspective. ...
What are my rights as a beneficiary in an irrevocable trust ?
Brandon's answer
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Answered on March 27, 2023
Assuming that Oregon is the trust situs and principal place of administration, your best step from here is likely to retain a trusts/fiduciary...
Setting up a Trust with non-US resident as Trustee?
Brandon's answer
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Answered on March 27, 2023
Yes, as to both trustee and guardian, but there are some practical and legal nuances that you need to work through in advance with an experienced...
I have a friend that is incascerated.He wants to give me power of attorney
Brandon's answer
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Answered on March 27, 2023
A local estate planning lawyer can meet with your friend at his place of incarceration, and draft a power of attorney instrument that is tailored...
Does a beneficiary of IRA (Individual Retirement Account) need a will to inherit the IRA?
Brandon's answer
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Answered on March 26, 2023
No. What you describe is a "non-probate transfer," and if the IRA holder preserved the beneficiary designation as of the date of death, the...
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