Does a for profit have to have a 501 c3 status to accept pledges or donations? Is it illegal for them to do so?

I may not fully understand your question, but: (1) a for-profit company can accept donations as a legitimate revenue model, recognizing, of...

1.Can I transfer my securities assets to a LLC and ? 2.Manage it from abroad?

I recommend that you confer with a tax advisor and an attorney who are familiar with your situation before acting, but to address your first...

Live in CA, want to establish LLC in another State instead?

Even though your business model is "virtual," you are physically conducting your business in California, which will limit your flexibility. The...

An LLC with two owners as only members and one decides to leave. what if any paperwork changes/filings are required ?

You need to document the other member's release of his interest. I would recommend something fairly basic, yet formal and in writing, that...

I gave a friend money to start up a buisness 2yrs ago now he wont give me access to the buisness

You should see a lawyer who specializes in litigating business partnership disputes. Given that your deal was apparently not well-defined at the...

Is is illegal for a business to claim that it is incorporated when in all actuality it is not?

Theoretically, I suppose, the business may be committing "fraud" by implying a level of credibility that is false. For the owner of the business,...

Should I allow a doctor to use my LCC name as a PLLC?

I'm surprised that the State of Texas would allow the same name for the same type of entity, the only difference between them being that one is...

What are the steps to establish and administer employee stock options plan for a startup LLC?

If you are an early stage startup that intends to seek investor funding, you would be wise to convert to a C corporation, which is what your...

The "alter ego" doctrine applies so that an individual cannot use the shield of limited liability to commit fraud on others. The essence of the...

What is the liability of an officer and bookkeeper (who are not shareholders) in an S Corp?

Its hard to argue with Mr. Smith's advice that your husband should confer with a competent business attorney licensed in your state. As a general...