Get free answers to your Business Formation legal questions from lawyers in your area.
she refuses to refinance the car because she cant afford the car and i had made a deal to help her with the half the car payment which she might be able to use agianst me but she agreed to it. how do i remove my name from the car.
I am on my F1 OPT and working full time. I have completed my Masters in Packaging Engineering. Is it possible for me to open up an Etsy/Amazon/Ebay shop that specifically sells packaging for small/home business products? My ultimate goal is to make it a physical business with physical address which... View More 
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answered on Sep 6, 2024
Starting an online business while on F1 OPT is possible, but there are some important factors to consider. OPT regulations require that any work you do be directly related to your field of study. Since you studied Packaging Engineering, you should ensure that the business you start aligns with that... View More
Would like to know if this is a scam or a legitimate offer
answered on Sep 11, 2024
THIS IS NOT LEGAL ADVICE.
To determine whether the contract offer for distribution rights is legitimate or a potential scam, it’s crucial to have a thorough review of the offer by a lawyer, especially one with experience in intellectual property and publishing contracts. Here are some... View More
-Business Owners/Cofounders: 3
-Business Nature: Online digital marketing agency offering online services, no physical locations, completely remote work
-Business Owner Locations: Florida, California, Ohio
answered on Jun 12, 2024
To better understand whether your company requires foreign LLC formation, we need to clarify what you mean by "foreign LLC." In general, a foreign LLC refers to an LLC that is registered to do business in a state other than the one in which it was originally formed.
Here are a few... View More
The wellness center would focus on physical fitness and recovery but would also hope to drive a lot of community value by being very active with the locals in terms of volunteering and events. It would ideally be a holistic approach to serving the community as well as the members themselves. I want... View More
answered on Jun 12, 2024
Choosing the right ownership structure is crucial for both the success of your wellness center and your personal and financial interests. Here are a few options to consider:
Sole Proprietorship: As the sole owner, you would have complete control over the business. This structure is simple... View More
Is it possible for a person to have a legal business similar to a cottage food license in Illinois for selling edibles containing THC?
answered on Jun 8, 2024
Starting a THC edibles business in Illinois requires obtaining an infuser license from the Illinois Department of Financial and Professional Regulation (IDFPR). THC edibles cannot be produced under a cottage food license due to stricter regulations. Compliance involves ensuring product testing,... View More
The pastor has experienced financial difficulty. They have not filed for bankruptcy, however they have received funding from an investment group. The promissory note reads,This Promissory Note shall become due and payable prior to maturity without presentation, demand, protest or notice of any... View More
answered on Jan 7, 2024
If a written promissory note, signed by the parties, is not paid when due, then the holder of the note may make demand or commence suit. In your case, if the borrower is not offering some other or new solution, it sounds like it is time to commence suit.
Example: I want to create a character to use commercially in the Invader Zim universe, without using any of the main characters or storylines.
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answered on Jan 3, 2024
Creating a non-canon character within an existing universe, such as in the Invader Zim universe, generally falls under the realm of fan fiction or fan-created content. However, the legal implications of using such a character commercially can be complex and may depend on various factors, including... View More
Is it legal and from immigration and tax perspective what are things we need to make sure that we are compliant with law.
answered on Oct 15, 2023
Yes, you can start a LLC in your particular State. The two are not related. In fact, if you lived and were a resident of a foreign country, you can open an LLC in the U.S. You would list yourself and your foregin address, but you would need a resident agent in the State where the LLC is opened.
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answered on Mar 2, 2023
If you believe that your lender has incorrectly applied a payment to the principal without properly bringing down the balance, you should contact your lender directly to discuss the issue and request an explanation. It is possible that there may have been a mistake or a misunderstanding that can be... View More
business. Business has been around for 37 years. We want to apply for 501c3 status to diversify our income and open up our services to more contracts and help more people. Currently, mostly are federal grants and we haven't earned profit in years.
answered on Sep 13, 2022
This may be easier than you think. If you want to convert a profit corporation to a non-profit organization all you need to do is complete Illinois Form EOA 205 (provided by the Illinois Secretary of State- a one page form) and send two copies of the completed form to the Secretary of State with... View More
am currently 33yrs old.
Three years ago I was driving semi trucks . Stopped due to multiple surgeries (non-work-related).
Currently on Government Benefits.
Temporary Social security disability
Now present time.
Im close to being fully recuperated so its... View More
answered on Sep 11, 2022
The short answer is: Yes. Go ahead and form the LLC. Let it sit until you are ready to make use of it. Unless there is something you have not disclosed, I don't see how forming a LLC will affect your benefits. However, once income starts flowing through your LLC, it may or may not affect... View More
What would I need in order to open a taco truck and sell food.
answered on Aug 26, 2022
The first thing you need is a lawyer. You need a lawyer that represents small business who can guide you through the hurdles of setting up an LLC, obtaining permits and licenses, and all the stuff that goes along with being in business.
Good Luck
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We didn’t make a contract. We worked for a month and a half now but we fell into a disagreement and she left and won’t respond to my calls. I’ve been working alone without even paying myself. How do I proceed from here when she won’t respond to any of my messages and calls.
answered on Jan 26, 2022
If there’s no agreement, just move forward as if the salon is yours. She has no interest since she provided no investment.
Can I change the name of my current LLC and later reopen a new LLC with my current name? Or would the name be unavailable? Example: changing my current LLC named "Blue" (that sells clothes) into a new name "red" (and be a completely different business model). In a couple years... View More
answered on Nov 2, 2021
The simple answer is "Yes", as long as that name is still available and no one else has taken it. Once you change the name from Red to Blue, the name Red will be available and someone else might take it. Some states allow you to reserve a company name for a fee. For instance, Delaware... View More
What is a Cannabis clone? A cannabis plant that is a genetic copy of the mother plant. When obtained from a reputable breeder, a clone is a young female cannabis plant with stable genetics. Growers typically select to raise clones instead of seeds when they would rather not risk getting a plant... View More
answered on Sep 16, 2021
No, it would not be legal as the State of Illinois requires a very strict licensing, regulation, and eligibility for any cannabis and its derivatives operation in the state.
Besides, such operation does not qualify as a Sec. 503 non-for profit entity as it would be geared towards profit... View More
answered on Sep 12, 2021
depends
It is not clear what you intent to do, you should consult with an attorney
In 2018, I went into an oral agreement with a person in the United States to build an online platform. I was responsible for all the tech from designs to coding etc. I live in Pakistan, we had this agreement orally over zoom.
He promised equity and delayed payment for my work. We agreed... View More
answered on May 23, 2021
You can sue him but it will be complicated and expensive
You may be able to sue in your country or in the USA
You should consult with an attorney to determine your options
I am not looking to give precise measurements, just visual inspections. Ideally would like to make this my business. I am achieving the part 107 license to fly commercially. Thus I am aware of the airspace restrictions. I am wondering about the legality of the above case.
answered on Nov 27, 2020
This is a good question. First, if you are law enforcement, the Illinois statutes give you authority to fly the drone almost anywhere. But, since your not law enforcement, you are somewhat restricted. The law states that you cannot use a drone to interfere with hunters or fisherman. A number of... View More
It will be teachers from major cities in different state. I wonder if they can be independent contractors instead of employees
I set up a website with paid ads that matches teachers who are looking for students with families looking for teachers to teach their kids at home. The teachers are... View More
answered on Nov 16, 2020
The question of whether someone is an employee or independent contractor comes down to "control."
Additionally, the Internal Revenue Service uses a right-to-control test to assess a business' tax liability.
For example, if these musicians had specific hours of work,... View More
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