Archived
If I purchased an LLC, bought the other member out. What forms do I need to fill out with the Secretary of State?
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Answered on May 20, 2012
The answer to your question will vary from State to State, so you need to discuss it with a business attorney in the State where the LLC was...
Archived
How can I secure my position as a minority partner in an LLC (Nevada)?
Linscott's answer
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Answered on May 20, 2012
The two previous answers both suggest consulting a Nevada business attorney, and I certainly agree.
Some standard devices employed to protect a...
Archived
S-corp or LLC?
Linscott's answer
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Answered on May 20, 2012
Remember laws vary from State to State, so you should really consult a business attorney in the State where you propose to form your company. ...
Archived
I want to incorporate a small church.(200)
Linscott's answer
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Answered on May 18, 2012
You need a local attorney. You might be able to form the corporation yourselves, BUT the papers must include certain "magic words" that the...
Archived
Will
Linscott's answer
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Answered on May 18, 2012
You are in the process of doing what every lawyer dreads when he sends out documents to a client. It really is a mistake to try to create your...
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Archived
I have a C Corporation in New York, I would like to have a separate Entity for a diferent type of Business,
Linscott's answer
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Answered on May 18, 2012
You can create a new entity, corporation or LLC, as a whole owned subsidiary of your existing C corporation. The new entity will get its own EIN,...
Archived
How do you terminate 1 owner from a 3 person LLC in Indiana if the 2 remaining owners want to continue the business?
Linscott's answer
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Answered on May 17, 2012
You haven't mentioned what the Operating Agreement says about one member leaving ("dissociating")? Also, are all three members in agreement with...
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Are directors of non-profits required to submit original dated receipts to be entitled for reimbursement for expenses incurred?
Linscott's answer
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Answered on May 17, 2012
A lot of folks make the mistake of thinking a non-profit is a qualified 501(c)(3) charity. In fact, many forms of non-profit corporation don't...
Archived
How do I protect my assets from claim by renters?
Linscott's answer
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Answered on May 17, 2012
Your problem is (unfortunately) becoming more common. Assuming you are willing to personally guarantee the mortgage, there is no sound reason for...
Archived
If child is on banking account as co-owner can his wife sue for portion if going thru a divorce?
Linscott's answer
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Answered on May 17, 2012
If you create a trust, with yourself as trustee, but your daughter as successor trustee, you probably will get a result closest to what you wish. ...
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