William F. Bernard's Answers (2766)

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LL Partner ( 50 / 50 ) has decided to shut down the business on his own . We don't have an operating agreement .

William's answer | Answered on February 19, 2013

I see nothing in your fact pattern that would lead me to conclude you have established a formal business entity of any kind. That said, as a former...

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My father passed on just last month. He didn't leave a will and I would like to know what steps to take to pass it on to my name

William's answer | Answered on February 18, 2013

Determine title at County Recorder's office and file a petition to open probate after seeing a competent lawyer.

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Jewelry that was left behind by the in-laws that passed away.

William's answer | Answered on February 18, 2013

Probate is necessary without a trust unfortunately. See a competent lawyer and have yourself named as Petitioner/Executor.

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What kind of legal action can be taken against a neighbor who contacts your employer and files fabricated complaint against you?

William's answer | Answered on February 18, 2013

I would agree that Slander is a potential claim. Keep a detailed diary of what is said and by whom. If you are slandered in your profession, your...

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Want to set up LL c . for my rental business in a state different from where I live .

William's answer | Answered on February 17, 2013

Look to Nevada for an LLC--especially if you are drawing income from the entity. Nevada provides a charging order as an exclusive remedy should you...

Archived

LLC VS S CORP

William's answer | Answered on February 17, 2013

Unless your owned real estate is part of your business, I would put the rental property in a separate LLC. I would then form a second LLC to run...

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