Yes, your creditors can pursue collection against you personally and if they obtain a court ordered judgment, take any property that you own...

Which is better for my business - LLC, S Corp or Partnership?

I agree with my colleague. I would add that you may be concerned that the creditors of your partner may make claims against him personally and end...

I have an s-corp set up in CA. Just relocated to OR. What are the correct legal steps in establishing my business here?

Good question: you have some choices whether to keep the existing California S corp or dissolve it and form a new Oregon S corp. If you keep the...

I agree with my colleague. You cannot ignore a shareholder just because they have been inactive. If you did not make any provision for the...

How do I get a living will established?

I suggest you educate yourself about this important subject before signing documents. The American Bar Association has excellent books for the...

There are a lot of good choices among the mixture of state law entities and the available tax treatment of those entities. With the check the box...

No Successor Trustee for my father's trust and my brother will not sign documents that will appoint one.

Yes, you have a way to get a trustee appointed. It is a principle of trust law that no trust will fail for lack of a trustee. If you can not...

Do i have any options of getting out of paying on a equity line of credit if i was defrauded out of the money?

In order to avoid paying back the bank, you will need to show some fault on the bank's side. Did they know about the fraud or theft? Did the...

Are beneficiaries required to honor a lease on a rental property?

Yes, if the Lease was valid when created, it continues to run with the land regardless if the owner dies or not.

Do i i pay income tax or a captial gains tax on propery that i quit claim

Good question. This is a good question to ask a tax attorney. Generally, if you quit claim property to someone, you are the seller and they are...