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I want to gift my LLC to my long term manager and his wife as an exit method. Possible? Tax liability? Gifting considerations?
David's answer
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Answered on March 29, 2012
You need a lawyer skilled in tax and business issues. You do not want to handle business succession on your own, I would not think.
My office...
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Do I have to pay a towing company for wrongfully towing my car?
David's answer
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Answered on March 27, 2012
No, you do not need to pay this. Your apartment landlord or the towing company is responsible for the charge. Tell your apartment manager what...
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Can a landlord have people live in a house without a dwelling permit, and force the tenants to pay all utilities?
David's answer
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Answered on March 23, 2012
If you are in the City of Ypsilanti, the Housing Bureau is in charge of ensuring that rental housing is up to code. Also, each rental unit must be...
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Can i refile litigation against the insurance co. when they refuse to pay lifetime medical bills related to injuries sustained
David's answer
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Answered on February 25, 2012
If you previously sued, it may depend on the terms of your settlement (assuming the case was settled). If you did not surrender any rights, you may...
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If I choose not to use HYTA or 7411 in a first time offence involving marijuana use, how likely is the 90 day jail time?
David's answer
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Answered on February 25, 2012
I agree that you should check with the court to see if there is an open case against you, and whether you may have missed a court date. However,...
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Is this extortion?
David's answer
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Answered on February 08, 2012
Yes, this is extortion. However, you may have trouble getting law enforcement to give a hoot, given the nature of the information. Indeed, it may...
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I am being told that I have to pay the 500 mini tort fee, and I don't feel the accident was my fault. A brand new driver pulled
David's answer
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Answered on January 18, 2012
Agree that you should ignore the claim until and unless the other driver sues you. If you are sued, then you may file an answer denying...
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Can my employer give my hours to someone else while I'm out on medical emergency?
David's answer
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Answered on September 09, 2011
Preliminarily, did your emergency room visit/hospitalization come as a direct result of an injury suffered at work? If so, workers comp laws would...
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I am being sued in Ohio (I live in MI) for a car accident that technically was my fault 2 years ago, which state laws apply?
David's answer
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Answered on September 02, 2011
First off, your insurance company will hire a lawyer to represent your interests (and indirectly those of your insurance company). Thus, anything I...
Archived
I am a member of an LLC and as well as the registered agent. We have no operating agreement. I have left the company.
David's answer
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Answered on July 22, 2011
I agree with the prior answer. You should sell/assign your interest to remaining members by written instrument, and in that same instrument provide...
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