Legal
Your guide to legal topics including business, real estate, entity formations, and personal injury.
Latest Articles
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?
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.
Fiduciary Duties for Board Members of a Delaware Corporation
Board members of a Delaware corporation have many fiduciary duties owed to the corporation and its shareholders. This article outlines those various duties.
Do I Need an ITIN to Open a US Company?
Many non-U.S. persons open U.S. entities to operate their business. There are generally no restrictions on who can open a U.S. entity, and nonresidents generally do not need an ITIN in order to do so.
BOI Report Updates for FinCEN – What Information Needs Updating
The FinCEN BOI report is a new filing required under the Corporate Transparency Act (CTA). This article and video discuss what's required for an updated BOI report.
Delaware LLC Certificate of Formation – What Information is Required?
An LLC can be created in Delaware by filing a Certificate of Formation. The document must include several items which are discussed in this article.
How to Use LLC’s to Protect Personal Assets
Can you use an LLC to protect your personal assets? This article and video discuss those issues.
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.
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 BOI Report – Example for Single Member LLC
The beneficial ownership information (BOI) report is filed by U.S. entities with FinCEN to report information on its beneficial owners. This sample filing covers a single member LLC formed in 2024 with a non-U.S. owner.
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?
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.
My Company Was Dissolved – What Did I Do Wrong?
Sometimes a business owner will miss a filing deadline and their company is dissolved. In this article we discuss the details and how to resolve the issue.
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.
