Legal
Your guide to legal topics including business, real estate, entity formations, and personal injury.
Latest Articles
Delaware LLC vs Delaware Corporation – Annual Fees and Deadlines
Delaware entities must file annual reports and pay fees in order to keep the entity open and in good standing under state law.
How to File Form BE-13 for Foreign Direct Investment Into the United States
When a U.S. company is formed or acquired and has foreign ownership, the entity must disclose the beneficial foreign owners to the U.S. Bureau of Economic Analysis (BEA).
Personal Injury Contingency Fees – Gross v. Net Methods
When hiring a personal injury attorney, it's common for the attorney to work on a contingency fee basis. A contingency fee means you don't have to pay the attorney any legal fees unless you win your case or secure a settlement with the defendant or his insurance company.
Conversion of an LLC to a Partnership
A limited liability company (LLC) is an entity formed under state statute. An LLC with one owner is a disregarded entity. By adding new members, the LLC becomes a multi-member LLC taxable as a partnership.
LLC vs Trust – What are the Differences?
A limited liability company (LLC) is a legal entity while a trust is a contractual arrangement. This article and video go over the key differences and similarities between the two options.
Always Contact an Attorney After Your Car Accident
Even if a car accident appears minor with no immediate injuries or damage, taking all precautions to protect yourself is essential. It is always recommended to contact an attorney after an accident to protect your interests.
PLLC or LLC – Which One do you Need?
Some states have special entity requirements for professional organizations. These companies cannot use a standard LLC, they must use the PLLC instead. This article and video discuss the differences between the two structures and which is appropriate for your business.
What is a Series LLC
A Series LLC can be a great way to save on administrative costs and filing fees and protect investment assets and members' capital. In this post we discuss the pros and cons of using a Series LLC for your business or investment operations.
Delaware LLC Annual Reports – What Information is Required?
Every Delaware LLC needs to file an annual report with the State of Delaware. The LLC annual report requires some basic information to be confirmed each year.
Two-Tiered LLC Structure for a Florida LLC
Florida is a popular jurisdiction for new businesses and entity formations. However, it might not have the best asset protection or privacy laws. Learn more about the two-tiered entity structure in this article and video tutorial.
What State Should I Open my LLC?
Every state in the U.S. offers new companies to open a limited liability company (LLC). So, where should you launch your LLC?
Domestic vs. Foreign LLC Classification
Choosing where to open your LLC is an important question. Most companies open their LLC in the state where they plan to operate their business; however, it may be best to open your LLC elsewhere.
Texas Form 804 (Periodic Report for Limited Partnership)
The Texas Form 804 is a informational filing that must be submitted every few years by Texas Limited Partnerships registered within the state.
Open an LLC with US and Non-US Owners
A U.S. limited liability company (LLC) generally has no restrictions on who can be an LLC member. Many LLCs are structured with both U.S. and non-U.S. ownership.
Does my LLC Need a US Address?
Many non-U.S. persons want to open a U.S. LLC for their business. A common questions is whether the LLC must absolutely have a U.S. based address in order to conduct business. This article and video tutorial cover some of the rules and requirements.
