It’s “OK,” but it’s dumb. The reason you put the cautionary language on is to protect yourself against legal liability if the buyer is injured...

What is a dual class LLC and can it be formed in CA?

I concur with Mr. Doland. I have never heard of a “dual class LLC” and neither has findlaw.com or Wikipedia. I suppose what they are referring to...

What is the purpose of having an LLC and a C Corp in Nevada?

Sounds like someone is trying to sell you unnecessary legal services. Only in the most unusual circumstances would you benefit from having both an...

50/50 Partnership

You have an inadequate partnership Agmt. The most important aspect of a Ptsh Agmt is that it must cover the three D’s: Death, Disability and...

This is not a “stakeholder” who is a disinterested (neutral) person who holds funds claimed by two others. The new person is (or will be when...

What will happen to the small water company I belong to without a BOARD?

You should look into finding a management company that will take care of all the administrative problems and file the reports. The remaining minor...

Should my husband's uncle be the boookkeeper, accountant, and the payroll check writer for my husband's business?

You need independent financial controls. Having one person in control of collections and payments is a temptation too strong for many people. ...

Do I need to include the Fed disclaimer on my invoice even though I am not soliciting anything as I am providing a real service?

You are providing nothing of value if your “customers” don’t want it. You cannot charge anyone for gifts, solicited or not. You had better...

Employer wants me to sign a non-competition form with a bonus of $200.

If you do not have an employment contract with your current employer, you are an at-will employee, which means you can be fired at any time. So he...

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