Legal
Your guide to legal topics including business, real estate, entity formations, and personal injury.
Latest Articles
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?
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.
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.
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.
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.
Delaware LLC Non-US Ownership – What Filings are Required?
Virtually anyone can open a Delaware LLC. When a Delaware LLC is opened by a non-U.S. person, their filing obligations are slightly different from U.S. owners.
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.
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.
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?
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.
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.
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).
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.
