Requesting huge sum of money (100K+) from an acquaintance. Should I take a hand loan letter for banking purposes
Brandon's answer
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Answered on October 28, 2024
Given the contemplated sum to be loaned, a lawyer-drafted instrument is essential to protecting your legal interests in this transaction; retain a...
What type of lawyer works with non-profit organizations? 501c6 or 501c3
Brandon's answer
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Answered on October 25, 2024
Many corporate lawyers advise both nonprofit and for-profit entities, so I would search for a lawyer with corporate law expertise; you are likely...
California professional S corporation. BOI beneficial owner question.
Brandon's answer
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Answered on October 25, 2024
For federal purposes under the Corporate Transparency Act, the answer would be no. The economic beneficial owners under this act would be those...
Dad passed away in 2018, unmarried and I'm his only child. What way do I need to go about receiving ownership of his home?
Brandon's answer
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Answered on October 24, 2024
As of the date of your father's death, you became the owner of his real estate as his only heir, given that he was not married at the time, and had...
Who has authority over property ( trustees with a deed or a person with a certificate of assumed name for a sole proprietorship?
Brandon's answer
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Answered on October 24, 2024
Assuming the real estate was lawfully conveyed to a trust, that entity owns and controls the property. The trustees have "legal title" as the...
I understand that a CA RE brokerage must be structured as a corp. Can an LLC be a shareholder of that corp?
Brandon's answer
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Answered on October 24, 2024
I agree with Attorney Doland. Based on the limited information we have about your plans, an LLC would not be able to lawfully own equity in an "S"...
How do i remove my name from a corporation State of New Jersey, I am retiring?
Brandon's answer
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Answered on October 23, 2024
It depends on what "retiring" means. If you are an employee or executive of the corporation, you simply notify the President/CEO, or the president...
What is the best form of LLC for Real Estate investments?
Brandon's answer
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Answered on October 22, 2024
Generally speaking, an LLC is the ideal business form for closely-held real estate investments among a small group of investors/partners, although...
Rented a commerical building with a partner first year. Landlord has not renewed our lease and i want it to be just in name.
Brandon's answer
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Answered on October 21, 2024
As long as the partnership agreement is in place, you have fiduciary duties to the other partner, and this includes full access and transparency as...
Is a will necessary in our case?
Brandon's answer
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Answered on October 21, 2024
Good question. Based on what you describe, most if not all of your major assets already have death beneficiary designations, thus allowing most of...
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