My mother put $150, 000 into a business. she hired a lawyer to go over the contract. then she changed her mind.

There is something she can do: She can contact the California Bar Assn at calbar.ca.gov. If this is really what happened, I am personally...

How to remove LLC members that never contributed and changes were not filed with the secretary of the state?

Object lesson for all. The CIFF rule should apply: “CASH IN THE FIST FIRST.” Never sign the docs until you have the money. I assume you have...

A business owner is usually wise to buy and lease a building to his business. Real estate does not generally do well inside a corp that is running...

Writing off before company exists?

I respectfully question the prior answer. The author assumes that the expenses are startup expenses, defined and limited by IRC s 195. Startup...

Is it legal to collect money from friends to buy property, fix, and sale to make profit and share profit with all who contribute

Anyone who gives money to another with the expectation of receiving a return without actively working for it has bought a "security." The person...

Lease to Purchase Option Agreement

Just barely. Generally a contract must spell out the terms of the deal between the parties well enough that a court can enforce it. Where there...

Does a promissory note have any legal holdings if the note was never witnessed or never recorded?

I am puzzled why you bought it if it was in such bad shape. Anyway, a promissory note need not be witnessed or recorded to be enforceable. So you...

Can credit card holder withdraw $ from credit union checking account and apply it to cards debt w/ out authorization.

If your checking account is on hold, then, no, you cannot take cash out of it. They want you to cure the arrearage as much as you do. Just ask...

In California the Uniform Partnership Act applies where there is no written agmt. Her act could be deemed a “dissociation.” The partnership is...

In California the Uniform Partnership Act applies where there is no written agmt. Her act could be deemed a “dissociation.” The partnership is...