Can a two-member domestic LLC be a shareholder of a S-corp?
This is legally impermissible. Shareholders of S corporations must be individuals (i.e., "natural persons"), except in narrow circumstances where...
Durham, NC
Estate planning Lawyer at Durham, NC
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This is legally impermissible. Shareholders of S corporations must be individuals (i.e., "natural persons"), except in narrow circumstances where...
Yes. Your children can lawfully serve as co-executors under your will; as co-trustees under a trust; or as co-agents under a power of attorney...
It depends on the precise wording of the order (which was more likely than not drafted by the opposing lawyer, per usual practice), but besides...
The North Carolina Court of Appeals does not assign cases based on geographical region; rather, the cases are randomly assigned to a panel of...
As long as your landlord does not object, for as long as you like. In the absence of a written lease that spells out guest requirements, your...
This is a breach of the lease, and if you provided written notice of the breach and demanded a prompt rectification of the issue (which could be...
This is a standard phrase that lawyers use in litigation pleadings, contracts, and corporate board resolutions, all to the same effect: that all...
I would check the commercial lease first, since that question is usually addressed in advance there; in commercial real estate law, nearly all...
Yes, this is feasible. What you refer to is the concept of a "property dividend"--a valid (if infrequent) alternative to cash distributions. ...
Hire a local real estate lawyer to help you accomplish this. This should be feasible, as long as there is unity of ownership of the two adjacent...