Why do you want to conduct your business as a limited liability company? Will you have a single member LLC which will be taxed as a disregarded...

Who can help to write an short agreement between 2 person or 2 company ?

I suggest that you contact a business attorney in your area to prepare the necessary separation documents.

I believe that a grantor trust by definition is a revocable trust. The term “irrevocable trust” is an oxymoron. If an irrevocable trust owns an...

If i sign a unit certificate and nothing else is it still my comapny untill an amendment is signed

I do not have enough information to fully answer your question. What type of entity is your company? Corporation, Limited Liability Company, or...

No federal or Illinois income tax is payable by a recipient of a gift from a living individual. The person who makes the gift may have to file a...

I agree with the other answers that you need to consult an attorney and discuss bringing a law suit against this debtor. An attorney may either...

Can a nonprofit horse therapy use the same horses to make profit for the horse owner?

The answer depends on a number of factors such as who owns the horses and what right does the not for profit organization have to use the horses. ...

I am receiving shares as compensation from a startup directly from the owner instead of the corporation. Is this normal?

One issue is will be receive taxable income by receiving the shares as compensation. As the other attorney pointed out, shares typically are...

What happens if business closes and corporation involuntarily dissolves in Illinois can the former officers be sued for any?

The general rule is that officers of a corporation are not liable for the debts of the corporation. A notable exception is liability for payroll...

What are the disadvantages of adding you as a member to the LLC? I suggest you contact an attorney to guide you in this matter.