Archived
My dad died and had an acct with 50,000. Beneficiary is his 9 yr old grandson POD. How will the debts be paid? He left his estat
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Answered on February 06, 2014
The pay-on-death account to the grandson, a minor, will require that a court appoint a guardian of his estate before the financial institution will...
Archived
Hello, I have a business plan that I wrote with the help of a questionnaire I found on a law website. I need a lawyer.
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Answered on February 06, 2014
I agree with all the other posts. I notice you are in Lubbock. If you need a referral to a local business lawyer in Lubbock, I happen to know a...
Archived
What is the best way to find a lawyer to help review a Nonprofit organizations' policies and bylaws?
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Answered on February 06, 2014
I recommend that you consult with a business and tax attorney regularly involved in forming tax-exempt organizations. Unfortunately, you probably...
Archived
Please read my previous questions about my deceased grandmothers will.. please help me understand it before I sign it.
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Answered on February 06, 2014
If you sign the document you are waiving any notice of the proceedings in the administration of your grandmother's estate. As a legatee of her...
Archived
Llc and partnering with another firm
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Answered on February 06, 2014
Without knowing more about the nature of your business and the business of the Indian partnership, I might recommend forming a limited partnership...
Archived
How broad is definition of "company's business" in confidentiality agreement when considering a breach of contract?
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Answered on February 06, 2014
This is a difficult question to answer definitively without (i) understanding better the "functionality" of the two products and (ii) reading the...
Archived
For one member pllc , which is more beneficial, to be taxed as a sole proprietor or s-corp?
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Answered on February 06, 2014
For the reasons given in the other posts involving self-employment taxes, you may want to prefer electing to be taxed as a corporation (I.R.S. Form...
Archived
Should I get a lawyer to help get money awarded to me through a case against my last employer with the texas work force?
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Answered on December 11, 2013
An employer may not fail to pay wages in "bad faith," that is, knowingly or with reckless disregard for the Payday Law. If an employer "repeatedly...
Archived
Our bylaws require that members are given 21 day notice of slate of nominees . notice not given
do we table election
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Answered on December 11, 2013
Construct the ballot such that it provides for a deemed waiver of notice once the ballot is signed and returned. If the election is in person,...
Archived
How does getting a percentage of an LLC effect my tax return?
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Answered on December 11, 2013
In reverse order of your questions, if the business is not profitable, then there will be no taxable income to report and, because you have no...
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