Should I set up an LLC if I plan on renting out property?

I think it would be adviseable fo you to set up an LLC to carry on the activities you describe. This will give you limited liability for these...

How many people does a non-profit board of directors need in order to incorporate? What about a for-profit corporation board?

In your state, Minnesota, the law requires that a non-profit corporation have three or more Directors. That is the same as our law here in...

As a previous answer suggests, the answer to this will vary from one State to another. You need to look at the law of the State where the...

I have a website and would like to form an llc. Can I do it in any state?

You can form an LLC in any State or the District of Columbia. In some States, like Illinois, where you live and I practice, you can form an LLC...

Where to set up S Corp? How to change registered states of an LLC? Concerns about similar owners across different entities?

You've asked a number of questions, not just one. The first one seems to be whether Nevada is the "best state" to set up an S Corporation as a...

Does a LLC shield the members personal assets in a bankruptcy?

I am not licensed to practice in New Mexico, and you should seek the opinion of an attorney there as to State specific aspects of your...

In Illinois, where I practice, all the shareholders of a professional or medical corporation must be licensed to practice that profession. Our...

How do I get a Small estate affidavit and how much does it cost?

Like my state of Illinois, Mississippi appears to have a small estate act. Although you can find a small estate affidavit form by doing a Google...

I am interested in purchasing an existing business and would like to set up a LLC to take out the loan. Is this possible?

The answer to your question is that it depends on how the lender (bank) sees the LLCs ability to repay the loan. IF the assets and existing...

Advice about registering in domicile states of the partners of an Delaware LLC

Registration requirements for your Delaware LLC will vary from one state to another, but the states all seem to base the need to register on some...