In the absence of an operating agreement for an llc, what is the legal, default distribution of profits/losses?
Michael's answer
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Answered on July 25, 2016
You need to consult with an attorney focused in business law. The ultimate default for distribution of profits and losses in lieu of any other...
Can I (Executor of Will) give permission (rights) to someone in another state to move deceased belongings out of an apartment?
Michael's answer
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Answered on July 25, 2016
You need to consult an attorney focused in probate in the state where the family member resided. The attorney can arrange to obtain the items and...
Archived
How do I get a copy of my power of attorney
Michael's answer
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Answered on July 25, 2016
If it is your power of attorney and you lost the original, go back to your attorney to have him draft another. But this time file it with the...
Archived
If i give an investor a certain percentage of my business, how long could the investor hold on to this ownership?
Michael's answer
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Answered on July 21, 2016
You need to consult with an investment advisor and an attorney with a focus in business or securities law. You are most likely looking for venture...
Archived
How likely is it to have a will that was changed in 2010 thrown out & the original reinstated?
Michael's answer
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Answered on July 15, 2016
You need to consult an attorney focused in probate about the ability to challenge the current will as either invalid [not executed properly, which...
Archived
Do I have the right to make end of life decision?
Michael's answer
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Answered on July 14, 2016
Indiana has adopted the uniform statutes most states adopted which allow the closest available relative to terminate life support without...
Archived
When a person dies, what happens to his/her debt?
Michael's answer
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Answered on July 13, 2016
In Anglo-American law, no individual can be held responsible for the debts of someone else unless they subscribe to those debts in writing. There...
Archived
IF I GET GUARDIANSHIP OF MY NIECE BECAUSE THE MOM IS INCARCERATED CAN THE MOM GET OUT OF JAIL AND TAKE THE CHILD FROM ME
Michael's answer
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Answered on July 13, 2016
You need to consult with an attorney focused in guardianship's. The mother’s ability to get her child back after incarceration depends heavily...
Archived
Do I have to expose what I received from my mother to my brother.
Michael's answer
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Answered on July 12, 2016
I think you need to listen to your attorney. As a trustee, you are obligated to account to the trust heirs and other trustees regarding the assets...
Will a simple will from a site from Legal Zoom hold up in the state of Illinois?
Michael's answer
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Answered on July 12, 2016
Your friend is correct. You need to consult with an attorney focused in estate planning who uses living trusts in his or her practice. Legal Zoom...
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