Based on what you describe here, what occurred was a gift and not a loan. The three main elements of a valid gift, under traditional common law...

Assuming that you and your spouse owned the property jointly as tenants by the entirety under the deed, the death of your spouse automatically...

I agree with Attorney Harkess' reply. Assuming that this is an unincorporated general partnership, and that no written partnership exists, the...

Yes, if you properly structure the transaction. You would need both a corporate lawyer and a CPA for this deal. In short, the member(s) of your...

I agree with Attorneys Walter and Lautin. This is entirely negotiable between the parties in a commercial lease context. As Attorney Lautin...

At minimum, North Carolina will honor your Georgia will if it was executed and witnessed in conformity with Georgia's statutory formalities. ...

It may be a good idea for all three partners to meet, as a group, with a Virginia-licensed business lawyer nearby, and see if a more amicable...

I would advise working with a local business lawyer for either potentiality. If a buyout agreement is reached in principle, the lawyer can craft a...

If the will has been admitted into probate and the executor confirms that the estate is free and clear of outstanding debts, claims or expenses...

If the corporation is dissolved without full satisfaction or settlement of claims by bona-fide creditors, the directors and shareholders of the...