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...
Can I still change my attendance number if there is a date discrepancy in the contract?
Brandon's answer
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Answered on August 07, 2024
Unless you and the wedding venue come to a different agreement through a written and signed modification of your original contract, the original...
How can i protect myself from a nonpaying renter?
Brandon's answer
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Answered on August 07, 2024
For the most part, I agree with what Attorneys Coleman and Love have written. You have to make your best judgment about whether accepting this...
Can I form a multi member LLC with a parent and minor as minors where there is a 50/50 ownership but minor receives 100% profits
Brandon's answer
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Answered on August 06, 2024
In short, the simple and easy answer is yes, as to whether this is feasible. Doing this properly, however, will require the LLC to retain both a...
Is it OK for an executor to demand I sign a release before deeding a property to me?
Brandon's answer
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Answered on August 06, 2024
While we do not know the details of the situation, it is not unusual or improper for an estate executor to ask for a signed waiver of...
When filling out credit applications, can you extremely exaggerate the numbers and claim its projected income.
Brandon's answer
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Answered on August 06, 2024
Knowingly providing false information to lenders in order to be approved in credit applications can constitute criminal and civil fraud, at...
How do I take my name off my LLC that’s dissolved? How long does it take?
Brandon's answer
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Answered on August 06, 2024
First, the LLC should be reinstated with the North Carolina Secretary of State, so that there is unambiguous authority of its member(s) to transfer...
Investing into unregistered shares, as a non-accredited investor. Is it best to invest in personal name or set up LLC?
Brandon's answer
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Answered on August 05, 2024
If you are planning to pool your investment with others, an LLC can be a highly attractive option for tax, liability and flexibility-of-governance...
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