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Is an LLC a "domestic other organization" so I can just file Articles of Entity Conversion of Domestic Business Corporation to a Domestic Other Entity?
If I do this will I get a new EIN?
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answered on May 15, 2024
While converting your MA C Corp to an LLC is certainly possible, the process might be more involved than you anticipate. Here's why:
Entity Conversion vs. Dissolution and Formation:
- Entity Conversion: While Massachusetts law does allow for entity conversion (as you... View More 
If someone makes an agreement to pay monthly payments on a loan from someone else and then refuses to pay how is this legally binding if the agreement was oral?
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answered on May 7, 2024
It's true that oral loan agreements are harder to enforce than written ones. Here's why:
- Proof of Agreement: The main issue is proving that an agreement actually existed and what terms both parties agreed upon. It often becomes a "he said, she said" situation without... View More
My parents reside in Texas, the car they want to sell is titled in Texas, there is no loan against it. I live in North Carolina and a North Carolina dealership is interested in buying the vehicle.I know I need some kind of Limited Power of Attorney to sell it for them but not sure if that needs to... View More
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answered on May 7, 2024
You're right, a Limited Power of Attorney is the way to go for this situation. Here's some info to help navigate the process:
LPOA Specificity: A Texas-specific LPOA for vehicle transactions is ideal. The Texas Department of Motor Vehicles (TxDMV) provides the "Limited Power... View More
I'm a freelance graphic designer trying to get my client to agree to allow me to use portions of an upcoming project for my portfolio. They agreed to add some language to the agreement but it doesn't seem to say anything about that. I want to make sure I understand it. Here is the updated... View More
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answered on May 6, 2024
A "work-for-hire" arrangement does not adequately address your desire to utilize portions of the project for your professional portfolio. This is a standard concern for freelance designers, as portfolio work is essential for demonstrating skills and attracting new business.
You... View More
Our landlord has agreed to sell to me the apartment I’m currently renting. I still have almost three months on my lease.
I’m assuming we can wait until the lease expires for the purchase agreement to be signed, that way I’m hoping interest rates would be a bit lower by then.... View More
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answered on May 3, 2024
It's exciting that you're buying your apartment! Here are some considerations and legal points under Connecticut law to help you strategize:
Strategies to Secure the Deal:
- Letter of Intent (LOI): A non-binding Letter of Intent could outline your agreed-upon price,... View More
My Father added my name on 2 of his bank accounts so I can write out the checks for him after my Mom passed away, he has now passed away and my Brother is the Executer of the will. Since I am the Joint owner on those 2 accounts, can he access that money? The Will states that he got certain items... View More
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answered on May 3, 2024
Here's some information based on Connecticut law, but please remember to consult an estate planning attorney for advice on your specific situation:
- Joint Ownership & Right of Survivorship: In Connecticut, joint bank accounts with the right of survivorship are generally presumed... View More
Myself and a number of our part time staff at a non profit are low income. 4 of us are very good friends outside of work. Sometimes one of us is able to get free produce that she then distributes to us after work hours, when we are all together on a work day. Our manager has recently told her that... View More
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answered on May 2, 2024
This situation raises several concerns. Here's a breakdown of some of the issues I see based on your description, but a more thorough analysis should be done by an attorney retained to help you navigate this tricky area:
Sharing Resources:
- Employer's Right to Interfere:... View More
Myself and a friend are looking for a rental apartment in Boston. On of these listing sites, a real estate agent reached out to me offering to help me, without stating there was a fee for service or making me sign anything agreeing to a fee. We finally find a place we like and the agent send us a... View More
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answered on May 2, 2024
This is a difficult case, and one that should be reviewed by a licensed attorney experienced in handling contracts. Here are some considerations for your discussion with an attorney:
- Contractual Obligations: Whether you're bound to the "sight unseen" document depends on its... View More
In our developing e commerce platform we use cash to buy credits in the app with which user can buy things. can we also allow cryptocurrency transactions to sell the commodities? also there's a withdrawal option for unused credits and other reward payments we do in the system as credits. Can i... View More
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answered on Apr 29, 2024
Yes, you can definitely allow cryptocurrency transactions alongside your credit system! This can attract a wider audience, especially tech-savvy customers.
Allowing users to withdraw credits as cryptocurrency is an interesting concept, but requires careful consideration:
-... View More
One month after signing a lease I recorded a video with sound of my landlady in a rooming house in Warwick Rhode Island. She told me that she was writing new rules as an addendum to the lease and then I was excluded from parts of the house that were in the lease.
during that confrontation... View More
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answered on Apr 29, 2024
It sounds like you're in a very challenging situation, and I understand wanting to explore all options. Whether you can use the recording in a court case depends on a few factors:
- Rhode Island's Consent Laws: Rhode Island is a "one-party consent" state. This means you... View More
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