We are a corporation selling herbal supplements and want to do up an agreement if 1 should die how is the spouse taking care of

I agree with the other attorneys who have addressed your question - you should enter into a WRITTEN agreement with the other shareholder in which...

LLC partnership

A limited liability company sounds like it would meet your requirements in many ways. Illinois makes a distinction between LLCs which are member...

It doesn't take a law degree to know that the actions you describe were wrong. In Illinois, where I practice, someone who is running (managing)...

I have mineral interest in Carson County, Texas. I put it in the name of an LLC. Now I want to change it to be in my name. How?

You haven't told us much about the LLC - are you the only member or are there others? Is the company manager or member managed? The company could...

I think both the previous answers overlook a provision in the Florida LLC act which permits a non-Florida LLC to engage in certain activities...

Land Trusts holding "foreign land

There are three (3) states that recognize the land trust: Illinois, Indiana and Florida. Land trusts originated in Illinois, where I practice. In...

The first person who answered your questions suggested, correctly, that there are two aspects to the question, one legal, the other tax. Legal...

Series LLC & Bankruptcy...

I am not aware of a ruling in bankruptcy upholding the protections between what you call cells in a series LLC. There have been several...

Is a single member llc ,responsible for debts incurred by the llc? in kentucky.

Of course the LLC is responsible for its own debts. I think your question is, however, whether the single member would be personally responsible...

2 member LLC and both members are tax residents of different states. What if only 1 member forms it?

I don't practice in any of DE, MD, NY, VA, or DC. I suggest you not let the tax tail wag the whole dog on this matter. If you chose to hide...