What you are attempting to do is possible, but making the arrangement work is a complex endeavor that requires legal advice from a lawyer who...

Excellent analysis by Attorney Johnson. I agree with my colleague that entering into a contract under the auspices of a corporate entity--most...

With the expert advice of an estate planning lawyer licensed in your state, there are ways that you can address this situation through a trust. ...

For starters, you can decide to purchase only the assets of the business (including but not limited to goodwill, equipment, inventory, commercial...

Yes, based on what you have written, you need to file/pay estimated taxes on the IRS' quarterly schedule, and file a Schedule SE (among other...

Collections can take place in any jurisdiction in which the creditor can find the debtor and/or the debtor's assets, or establish subject matter...

I agree with the insightful answers by Attorneys Daymude and Gross. I will, however, take a slightly different approach, and answer what you may...

All the concerns you stated are entirely reasonable, given what is being considered. Your church will need to engage the services of an...

You can work with a North Carolina business/corporate lawyer to create one or more North Carolina-based LLCs, or form a parent company that owns...

We cannot say for certain, as we do not know all details about your business, within a confidential lawyer-client relationship. Generally,...