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I heard that LLC can be converted to C-Corp. I am wondering is this process complicated? How long does it take and how much?
James's answer
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Answered on April 24, 2018
I agree with the above answer. It is a straight forward process. The exact steps, how long it takes and how much it costs will be impacted by the...
Archived
I want to break my rental agreement. How can I legally do it in Florida?
James's answer
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Answered on April 16, 2018
You should have the lease reviewed by an experienced contracts or real estate attorney and discuss your full rights.
Archived
Is the business partner in an Incorporated business also responsible for a personal guaranty?
James's answer
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Answered on April 16, 2018
You mention a couple conflicting concepts - "partner" and "Articles of Incorporation" specifically. Depending on whether the entity is a...
Archived
I want to start an online Stock Picking Service for US traders but my company is International. Do I need to worry?
James's answer
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Answered on April 16, 2018
Absolutely. This is a highly regulated area. Contact and retain an experienced attorney.
Archived
Can the board of directors of a delaware c-corp shuffle the stock ownership among the members without tax consequences?
James's answer
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Answered on April 16, 2018
Answering this question is beyond the scope of this forum. You really need to retain counsel as there are very different possible outcomes...
Archived
Do I owe taxes on shares received from my company if they gave me the shares in exchange for property or a patent?
James's answer
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Answered on April 16, 2018
I agree with attorney Clark. There are numerous legal ways to structure this transaction and the ramifications will differ depending on which you...
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Which takes precedence when the Articles of Incorporation and bylaws conflict?
James's answer
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Answered on April 07, 2018
Many states have specific limitations in this area relating to non-profit entities. While I am unfamiliar with OR law, I do recommend that you be...
Do we need to sign and notarize bylaws?
James's answer
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Answered on March 31, 2018
Not typically. You should speak with a corporate attorney and get procedures in place for handling all basic corporate formalities.
What legal document can be used as proof of ownership of an S Corp business in Kansas?
James's answer
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Answered on March 31, 2018
Copy of stock certificate, board resolutions or board consent should suffice.
Archived
How to recover retainer fees?
James's answer
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Answered on March 31, 2018
Without hiring a new attorney to fully review the agreement and assist your options are probably limited.
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