Archived
Are there any tax benefits of investing in stock market via a partnership LLC as compared to individual trading account?
Linscott's answer
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Answered on June 02, 2012
While there are no apparent tax benefits to forming an LLC and combining your individual investment accounts, there is one possible disadvantage -...
Archived
Getting property back
Linscott's answer
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Answered on June 02, 2012
Some of your problems arise from failure by your Mom to get advice from an attorney, and trying to do things on her own. If you want to correct...
Archived
If someone tranfers a property to me that has back taxes attached to it, do those get transferred to me?
Linscott's answer
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Answered on June 01, 2012
You should confirm this answer with a real estate attorney in the State where the property is located. If the law of that State is the same as the...
Archived
What are the pros and cons of having an LLC with the same name as the DBA/
Linscott's answer
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Answered on June 01, 2012
A dba, sometimes shown as d/b/a and meaning "doing business as" is usually an alternate name for a company. It is also sometimes called an...
Archived
I'm single and in my 30s, do I need to set up an Will?
Linscott's answer
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Answered on June 01, 2012
You might want to consider going beyond a will, and also having a living trust prepared. At your age, you are 3 times as likely to be disabled as...
Archived
Should an inventory of all property and merchandise ( movable and immovable) be taken of estate property before sold or given ?
Linscott's answer
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Answered on June 01, 2012
I agree with Mr. Fromm. Beneficiaries of the estate, creditors of the estate and taxing authorities are all entitled to be satisfied that...
Archived
Should i form a LLC
Linscott's answer
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Answered on June 01, 2012
I know I'm guessing, but I read your question as asking about the possible formation of an LLC for your business. The majority of my clients who...
Archived
How would I go about transferring ownership of an LLC?
Linscott's answer
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Answered on May 31, 2012
As previously mentioned, you need to look to and comply with the terms of the LLC operating agreement regarding the admission of a new member. Is...
Archived
Is "financial separation" available without divorce?
could it protect me from spouses unsecured debts from their separate biz?
Linscott's answer
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Answered on May 31, 2012
Your case illustrates one of the less known uses of the LLC - keeping separate property separate. Sounds like you've done a good job up to now,...
Can we get sued for an employee fighting a customer?
Linscott's answer
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Answered on May 31, 2012
Depends on who you mean by "we." If we means your company, which seems to be a limited liability partnership, not an LLC, by the way, the answer...
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