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A Registered Agent’s Role A registered agent is an individual or entity designated to accept service of process if a lawsuit is filed against a company. In plain English, they accept the papers if a business is sued and receive any legal notices or government communications on behalf of the business. Are There Any Special Requirements? A registered agent must be a resident of the state in which the business is located, a corporation in that state, or a corporation…
Basics of a Corporation A corporation is a legal entity distinct from its owners and formed for the purpose of conducting business. A corporation is created by filing Articles of Incorporation with the state and is governed by the corporation’s own bylaws. Once formally incorporated, it can sign contracts, own property, and sue and be sued. It continues to exist when the owners change or die. Corporations are subject to numerous legal…
Benefits of a Corporation Starting a business may seem overwhelming and complicated due to the multitude of decisions that must be made prior to getting started. Fortunately, one of the first seemingly difficult choices, deciding whether to be a corporation or a sole proprietorship, is actually a fairly easy one to make. The advantages of being a corporation rather than a sole proprietorship are evident as seen below. For most business owners, the primary a…
Basics of an LLC LLC stands for Limited Liability Company. It combines certain of the most important features of a corporation and a partnership. Like a corporation, an LLC offers limited liability, namely protection from personal liability for business debts and other acts of the corporation. However, like a partnership, an LLC’s profits and losses can “pass through” to the owners, thus avoiding the double taxation imposed on ordinary corporatio…
The Benefits of an LLC The Limited Liability Company or LLC is a fairly new form of business organization. It is quickly growing in popularity because it has clear advantages over the traditional corporation for some businesses. An LLC combines the limited liability of a corporation, with organizational flexibility and tax advantages of partnerships. One of the main reasons businesses opt for the LLC is to limit liability. An owner generally cannot be…
West Virginia | Asked 147 day(s) ago
Wills, Trusts and Estates Law
The Trust Agreement should specify who will succeed your aunt as the next successor trustee. Typically, the next named successor trustee can access the money that was in your aunt's trust account. Often, t…
Michigan | Asked 222 day(s) ago
Drugs and Narcotics Law
They will have to use the Court's eviction process. They should get an attorney if this makes them uncomfortable. www.kliszlaw.com Tim Klisz…
Florida | Asked 224 day(s) ago
Tax Law
It really depends what types of expenses you have been paying for with your credit card. If you have only used your credit card for personal expenses, such as plane tickets, clothing, or eating out at res…
A protective order is a court order that tells a person not to engage in certain behavior. For example, the court could order her to not threaten you or hide the children from you. If she violates the co…
A protective order is generally used more for acts of violence, but in Florida we often use contempt and threat of jail, plus fees for violation of prior Court Orders, agreements incorporated into Orders a…
Florida | Asked 224 day(s) ago
Family and Divorce Law
You should voice your concerns to the Court and ask for supervised visitation. You may need some proof to support your claims of alcoholism. But if you are correct in your claims, no judge is going to allo…
Florida | Asked 224 day(s) ago
Family and Divorce Law
Every action requires substantial and credible proof, so if you have that type of proof and can support your position that is in the best interests of the children that visits be supervised, the Court will…
Florida | Asked 224 day(s) ago
Administrative Law
Hopefully your son is right that there is no basis for the patient's claim; however, it is a good idea to consult with an attorney. The hearing before the Board of Medicine should not be taken lightly,and…
Florida | Asked 224 day(s) ago
Administrative Law
It is prudent to hire an attorney concerning something that could potentially result in license revocation or suspension. While anyone including crazy people can file complaints, all of them are taken seri…
Connecticut | Asked 224 day(s) ago
Bankruptcy and Debt Law
Your son should get in touch with the bank or the boat dealer (whoever denied him the loan), and request a copy of the documentation that links your son with the debt/bankruptcy. By doing this, your son w…