When a general partnership is dissolved and is in the process of winding up business affairs, the legitimate claims of creditors must be paid...

In short, yes, if the properties are either titled in the name of the LLC, or are contractually authorized to be managed by the LLC, if the LLC is...

In Small Claims Court, answers and counterclaims are not required to be filed in the same way that they are for District Court and Superior Court;...

Consult with an estate planning lawyer who also prepares real estate deeds. The lawyer will need to first confirm that real estate ownership is...

Corporations taxed under Subchapter C always entail double taxation--i.e., at the entity level and individual level--regardless of state of...

You will need to hire a lawyer in a U.S. jurisdiction who regularly advises business owners on entity formation and corporate governance, and who...

Given the current lifetime exemptions for gift and estate tax, you will most likely not have to "pay" gift taxes, unless this transaction is well...

On the whole, I agree with Attorney Dunigan. At some point in the near future, you will need to consult with a corporate lawyer who advises...

If the entity is permanently and "irrevocably" dissolved, and no business activity took place after January 1, 2024, no registration is required. ...

I would err on the side of caution and apply for a new EIN, if you follow through on the PLLC option. Even if Texas law allows you to convert an...