I am applying for 501c3 status for a public charity. If I am the only Board Member would the IRS likely approve the application?

I think Mr. Dolan is being altogether too polite. Based on the nature of your Q, you have no business in a DIY nonprofit. The application is...

Have a trailer on a couple acres in mountains, does it require insurance?

In some states, even a trespasser can sue you for everything you have if injured due to your negligence in maintaining the cabin. His health...

Can a C-Corporation chooses who it wants as a shareholder?

Your corp must have a director, officers and a shareholder. You don’t have to let anyone else be a shareholder. You need not file any form to pay...

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If i changed owner ship on my life insurance policy can i change beneficiary

Your Q implies that you are no longer the owner of the policy. If that is true, you cannot change the beneficiary; only the owner of the policy...

Do i have to file a ucc1 TEXAS form when payments are made & obtained promissory note with no interest on motorhome/rv sell

As I said in my answer to your other post: You can’t repossess a vehicle unless you retained a security interest in it under TX law, which may...

What day can I take back possession of motorhome due to nonpayment on due date statd on promissory note & agreed upon & notarize

You can’t repossess a vehicle unless you retained a security interest in it under TX law, which may mean being on title as a lender or having a...

How do I resign from a board of directors position (secretary/vice president) if I am unable to reach the president or treasurer

In most states, the VP moves up to President, but other officers do not move up without Board action. Check your Bylaws on that. If you send...

How does a prenuptiual agreement work?

Sounds like you do need a prenup. In order for it to be enforceable, each party must hire a lawyer, who must sign off on the Agmt. You can waive...

The Ralite case prohibits collections from the owners of an LLC unless they have taken a distribution. Since you would need to cause the LLC to...

Agreement - cancellation & "without cause" ?

The three-year term does not mean much, as the basic Agmt can be amended. If you don't like a provision, you can give notice of termination and...