My Business LLC has recently dissolved. who is responsible to pay the remainder of the terms of the lease on two company cars?
Cloyd's answer
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Answered on August 27, 2012
If the LLC was properly dissolved, it is no longer liable for the leases. However, the co-signers will be. So you will be personally liable for one...
Archived
Hired February 2012 Base Salary with three years of exp and licenses $30K; New Hires TODAY w/ no exp or Licenses $37,000. ????
Cloyd's answer
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Answered on August 27, 2012
As long as the employer is not violating any laws related to your employment, you have no legal recourse. The fact that the employer is paying...
Archived
How do I get bonds in my deceased spouse's name to my name?
Cloyd's answer
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Answered on August 27, 2012
You will have to get a court order to transfer the asset. This generally requires a probate case to be opened. There may be a shorter method to...
Archived
Am I entitled to recieve a copy of a trust in which I am named written by a relative who has recently passed?
Cloyd's answer
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Answered on August 27, 2012
Whether or not you have the right to a copy of the trust will depend on the laws of the state in which the person died. Most states require a copy...
Archived
How do I transfer a mortgage my deceased spouse held for others to myself?
Cloyd's answer
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Answered on August 27, 2012
You will have to get a court order to transfer the asset. This generally requires a probate case to be opened. There may be a shorter method to...
Archived
Can we sue the owner of a business for default on a contract?
Cloyd's answer
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Answered on August 16, 2012
You should be able to collect directly from the owner. In addition, you may have a case for fraud, if the owner signed in the name of a...
Archived
We bought a house in May 2012. The seller agreed to replace the roof within 6 months (as per contract).
Cloyd's answer
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Answered on August 16, 2012
There is not a simple answer to this question, since the roofing material was not specified in the contract. A court would try to determine what a...
Archived
My father died, he owned a home, there is no will. Its just myself and sister. What happens now with the house?
Cloyd's answer
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Answered on August 16, 2012
You will need to open a probate. While it is theoretically possible to do this without an attorney, it is not advised. There are many steps in the...
Archived
Mother wants to gift our house to me. Do I encure a large tax bill for the gift? Do I retain her prop 13 property tax rate?
Cloyd's answer
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Answered on August 08, 2012
In order to answer the gift tax question, more information will be required. There is a lifetime exemption for gift taxes, so I would need to know...
Archived
How can we protect an inheritors share of our estate from an ex-wife creditor?
Cloyd's answer
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Answered on August 08, 2012
Naming the other two children as trustees does not protect him. You need to restrict his rights as a beneficiary. As long as your trust does not...
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