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What implications are there to giving a house away with the land? (The land in purchased from the city by HH.)
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answered on Mar 24, 2024
If an organization decides to give away houses along with the land, purchased from the city, there are several factors to consider. Firstly, there might be tax implications for both the giver and the receiver. The value of the house and land could be taxable as income for the recipient, depending... View More 
My mom is from another country. Can I operate my business like this without breaking any guidelines of my F1-visa, the business will be registered in my Mom's name. Will that be okay? What's your advise on this?
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answered on Dec 12, 2023
Using your mom's name to register an LLC in the USA is technically possible, but there are some important considerations to keep in mind:
Legal Implications: Registering an LLC in someone else's name, even if it's your mom, may not be against the law in itself. However,... View More
My mom is from another country. Can I operate my business like this without breaking any guidelines of my F1-visa, the business will be registered in my Mom's name. Will that be okay? What's your advise on this?
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answered on Dec 14, 2023
Registering an LLC in your mother's name while you are on an F1 visa in the USA requires careful consideration of both immigration and business laws. As an international student, your F1 visa has specific restrictions regarding employment and business operations.
Firstly, you should... View More
answered on Apr 6, 2020
Yes, it is possible. You will want to review the Wisconsin LLC Law under "SUBCHAPTER XII MERGER; CONVERSION" - Here is the statute: https://docs.legis.wisconsin.gov/statutes/statutes/183/XII/1207. If the other company is not a Wisconsin LLC, the steps may be different, but every... View More
answered on Jan 23, 2019
Might not be a patent. The Supreme Court has recently made it fairly difficult to patent a method of organizing human activity. See the documents used to train patent examiners -- https://www.uspto.gov/patent/laws-and-regulations/examination-policy/subject-matter-eligibility On the other hand,... View More
In the event of a liability lawsuit or bankruptcy
answered on Feb 26, 2017
No, that is the legal function of the LLC form, shielding personsal assets of the members absent fraud or commingling.
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