If an entity has "Inc." after its name, deos that mean it is a company?

"Inc." is one of several required designators which can be used at the end of the name of a corporation. However, as pointed out, merely putting a...

“For every problem there is a solution that is simple, neat and wrong.” H.L. Mencken. If you look at the IRS Form SS-4 parts 4a and 5a (i.e.,...

What are the limits of liability of L.L.C. and account in your name?

The existence of the LLC strikes me as irrelevant here. Your business partner, acting individually, misappropriated money from a financial account...

Your question is far more intriguing than my colleagues suggest. I have not seen case law on point, but consider the following: (1) LLC interests...

Are my personal assets at risk if I have to default on a mortgage for commercial property that is owned in my name?

If the loan is in your name, yes. As noted in the other reply, SS is generally not subject to attachment, nor are pension plan assets. You should...

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Most Ideal Business Structure

The general inquiry for commercial business seems to be, "Why shouldn't we use an LLC?" As far as forming/incorporating in a state other than where...

I practice in NJ, not TN. But, I have not encountered a state that does not have some sort of trade name registration requirement for sole...

NEW JERSEY - Pregnant Drug Test ( 4 Months)

Yours is not a "business law" question. So, you should consider a more appropriate forum to post it. And, you may wish to speak confidentially with...

The LLCs can merge, transfer your interest in one to the other (resulting in a parent/subsidiary relationship), or one LLC can be dissolved and its...

An LLC is an LLC... no matter how many members (i.e., owners) it has. All you need to do is admit the person as a member. And, the admission of the...