What options can I give an investor?
What is the smallest percentage I give out from the company to investors?
Brandon's answer
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Answered on July 30, 2022
I agree with the learned responses of Attorneys Goodman and Cornish. There are basically two options for addressing both your concerns about...
Does anyone provide a service to fill in the blanks for someone who formed an S Corp entity on their own?
Brandon's answer
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Answered on July 30, 2022
This is a problem that occurs far too often with new business owners. Any lawyer in your area who regularly advises corporations, LLCs and...
I helped start a small business, and signed a business partnership agreement but was never placed on the LLC afterwards.
Brandon's answer
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Answered on July 30, 2022
You will need to share a copy of the agreement you reference with a local business litigator for review during a consultation on this matter. A...
Can a loan out S Corp that is used for services as a creative artist/actor own other entities such as an LLC?
Brandon's answer
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Answered on July 30, 2022
The short answer is yes, although the details of the arrangement is what you need to work through with both a corporate lawyer and CPA. Your main...
How do I transfer a single member LLC to someone else?
Brandon's answer
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Answered on July 28, 2022
Work with a local corporate lawyer and CPA on this, in order to complete a deal in which you are better positioned from a tax, liability and profit...
How do I enforce the Garn - St Germaine Act to assume the mortgage on an inherited property.
Brandon's answer
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Answered on July 26, 2022
The Garn-St. Germain Act does not mandate the transfer of the mortgage from a parent to child; rather, as a federal law, it preempts acceleration...
If two individuals own a bridge, can one sue the other for half the cost to repair?
Brandon's answer
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Answered on July 26, 2022
Presumably, both owners would have a duty to repair, but precise confirmation of rights, duties and remedies are to be found in the real property...
How to name all businesses owned by owner, including the businesses owned by the corporation he owns?
Brandon's answer
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Answered on July 25, 2022
It depends on what document is being prepared. In a will, trust or power of attorney instrument, "business interests" can be broadly noted,...
My church recently filed to become a corporation in our state. When that filling is done, are we instantly a corporation?
Brandon's answer
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Answered on July 25, 2022
Your question is too vague for us to provide a meaningful, tailored answer. A corporation or nonprofit corporation's legal existence begins when...
If an event requires a COVID test and an attendee fails the test before entry, who is liable for related costs?
Brandon's answer
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Answered on July 25, 2022
Usually not, absent the event organizer assuming such responsibility in a contract (including terms and conditions of a ticket purchase). One way...
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