Is creating an LLC the best way to protect my personal assets AND the new startup from potential infringement lawsuits? Thanks!

Personal asset protection involves careful planning and several steps. However, to protect your personal assets from any claims made against your...

One suggestion might be to designate the LLC as a manager-managed LLC, and appoint a non-owner as the manager. The manager would essentially serve...

Can the courts enforce a verbal contract, after the client refused to sign release after reading it.

Your question assumes there is a "verbal contract," in which case, yes, verbal contracts are generally enforceable (there are some exceptions under...

What license do you need when starting a finance company , providing payday loans

You will be required to obtain a specific license from the State of Florida in order to run a payday loan business. A simple business tax receipt...

Do I need to register my business name, trademark , or anything legal?

This answer does not address specific regulations or laws with which you may be required to comply in your actual business operations. Thus, no...

Loan

Assuming it is an unsecured loan, be sure you know who you are dealing with when taking the loan. There are many "lenders" who may be trying to...

Can the members of a Florida LLC be sued individually for business conducted during time the business was inactive?

To expand upon the previous answer, after reinstatement the member would be shielded from liability for the debts and obligations of the LLC...

My boss asked me to open a po box in my name for his buisness, Should I do this?

Your question does not provide enough information to give any meaningful answer. If your concern regards the legality of the purpose for your...

Where does the money goes. Our church was built on property purchased by the congregation and it was a non-profit 501 c3 in Fl.

The facts presented raise several issues in several areas of law. The previous answer, for example, focuses on the tax exempt issues. This answer...

First, a few points of clarification in your question from a legal standpoint. This answer assumes that you are a minority equity holder in a...