Legal
Your guide to legal topics including business, real estate, entity formations, and personal injury.
Latest Articles
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.
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.
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?
Anonymous LLC – What is the Point if the IRS has My Data?
Many states and jurisdictions will advertise their LLCs as providing the business owners with complete anonymity. But is that really the case?
Does a Delaware LLC Pay California Franchise Taxes? It Depends…
A Delaware LLC may be liable for taxes in other jurisdictions depending upon its ownership structure and business activities. If a Delaware LLC is engaged in business within California, it may be liable for CA franchise tax.
Anonymous LLC – Why is Delaware the Popular Choice?
Delaware is one of the most popular jurisdictions in the world to open a company. This article covers some of those popular attributes.
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.
Can I Be My Own Registered Agent
A registered agent (RA) is the person or entity physically located within the state of registration who is ultimately responsible for accepting service of process, notices, demands, and other governmental communications on behalf of your LLC or corporation.
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.
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.
Top 5 Things to Consider When Picking a Personal Injury Lawyer
Being involved in a car accident can be a traumatic and life-changing experience. Choosing the right personal injury lawyer after your automobile accident is an important decision that can greatly impact the outcome of your case.
Single Shareholder Corporations – Do You Need a Separate Board of Directors?
Many corporations are formed with only one owner who effectively runs the entire operations. Does a single shareholder corporation need a board of directors with more than one person?
What is a Disregarded Entity?
A disregarded entity is a legal entity with one owner that is treated as a transparent entity for federal tax purposes.
New York LLC Notice of Formation
Whenever an LLC is created in New York, the entity must publicly file a notice of formation. This article and video discusses those notice rules.
How to File BOI Report with FinCEN – Sample Filing for an S Corporation
The beneficial ownership information (BOI) report is filed by U.S. entities with FinCEN to report information on the entity's beneficial owners. This sample filing covers an S corporation.