Is it possible to have a shareholder agreement where an equal owner in a S-Corp can waive a distribution or take less?
Brandon's answer
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Answered on December 15, 2024
The short and simple answer is yes, but of course, details matter, and this is where the drafting skills of an experienced corporate lawyer will be...
I need help to open a micro finance company in Texas ?
Brandon's answer
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Answered on December 15, 2024
You will not receive a definite answer on this site, as lawyers are prohibited from providing quotes here, and because no lawyer can guarantee you...
How much does it cost for filling amendment for non profit llc and profit llc?
Brandon's answer
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Answered on December 15, 2024
You can find the most current information about filings and fees on the Texas Secretary of State website, under the Business Services section. If...
Does Beneficial ownership information(BOI) filing is required , if LLC is terminated recently this year?
Brandon's answer
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Answered on December 15, 2024
No. Even if the current nationwide injunction against the Corporate Transparency Act's BOI reporting requirements is lifted on appeal, this...
Do I have to attend a deposition ?
Brandon's answer
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Answered on December 15, 2024
If you are the plaintiff and the witness named in the Notice of Deposition, you have to attend. The federal or applicable state rules of civil...
I have court December 18th
Brandon's answer
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Answered on December 15, 2024
Yes, this is very common. Although I practice in North Carolina rather than South Carolina, I know that many standard residential lease agreements...
What does this Trust language mean in simple English?
Brandon's answer
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Answered on December 14, 2024
The language you cite, in isolation, signals the settlors' clear intent for a "per stirpes" distribution of net assets after both are deceased. If...
Does an irrevocable trust expire? What do I do if I’ve been told I’m a beneficiary but have no documentation of that?
Brandon's answer
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Answered on December 14, 2024
One way or another, you need to locate the trust instrument, as it will detail the conditions precedent for trust termination; without recourse to...
Trustee;s duties can they be farmed out?
Brandon's answer
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Answered on December 14, 2024
A trustee is permitted to reasonably rely upon professional advice from lawyers, accountants, investment professionals, real estate agents, and...
FINCEN BIO filing
Brandon's answer
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Answered on December 14, 2024
As of now, no, although FinCEN is still accepting BOI reports for those who wish to submit them, notwithstanding the current nationwide injunction...
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