Legal
Your guide to legal topics including business, real estate, entity formations, and personal injury.
Latest Articles
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.
Does a Single Member LLC Need an EIN?
In general, every entity in the U.S. should obtain an employer identification number (EIN). A single member LLC is a disregarded entity, so it may not require an EIN. Here are the details.
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.
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.
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.
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.
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 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.
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.
Delaware Certificate of Incorporation – What Information is Required?
A corporation can be created in Delaware by filing a Certificate of Incorporation. The document must include several items which are discussed in this article.
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.
US Statutory Foundations in Wyoming and New Hampshire
The statutory foundation is a new entity type available in some jurisdictions. The foundation is popular in many non-U.S. jurisdictions, and is now available in Wyoming and New Mexico.
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.
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.
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.
