Can I sign my LLC's Operating Agreement without my middle name even though my middle name is under the signature line?
Brandon's answer
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Answered on August 12, 2024
This is not a legal issue. If the person identified in the LLC operating agreement and Articles of Organization is clearly you and is not...
Deciding between LLC and sole proprietorship for online Tshirt store
Brandon's answer
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Answered on August 12, 2024
If you plan to do this at significant scale, and for any meaningful period of time, an LLC is better than a sole proprietorship; the key, however,...
Can IRAs and the assets in an irrevocable trust be distributed to heirs before probate is complete?
Brandon's answer
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Answered on August 11, 2024
This situation contains too many complexities for us to provide a concrete guarantee of which path the trustee should take; you need a detailed...
Can I pay a mortgage in my name with my LLC's bank account?
Brandon's answer
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Answered on August 11, 2024
As long as the real estate is your personal asset and not the LLC's asset, I do not see any real practical or legal benefit to the arrangement. If...
Can I give my niece lifetime rights to stay in my home until I die then my home be given to her?
Brandon's answer
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Answered on August 11, 2024
Keep in mind that by "lifetime rights," you would be making your niece a co-owner of your home; the question is whether that is really necessary,...
If a co-trustee is provided updated trust documents, do changes (an amendment) need to be explicitly brought to their attention?
Brandon's answer
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Answered on August 11, 2024
I agree with Attorney Firth. Generally speaking, the more clarity as to the settlor's intent, the better. Either in the language of the trust...
Can my son get power of attorney over me without my consent here in nc?
Brandon's answer
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Answered on August 09, 2024
If you did not execute the POA instrument, it is not valid. As Attorney Love noted, you can give the public general notice that the instrument is...
How do I ensure that I get my 50% of a real estate transaction from the sale of a property owned by an LLC that I am a 50% owner
Brandon's answer
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Answered on August 08, 2024
In short, you need solid, lawyer-vetted and drafted legal instruments, including but not limited to (1) an operating agreement for your company,...
I have life insurance and the beneficiaries are minors
Brandon's answer
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Answered on August 08, 2024
Most likely, a revocable or irrevocable trust is your best option, based on what you have written here. Consult with an estate planning lawyer of...
Should I start a DBA or LLC for my one person (me) mobile detailing operation?
Brandon's answer
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Answered on August 08, 2024
Since a DBA is not an entity but merely an alternative business name for branding and trade purposes, it would make sense to form your LLC now for...
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