Have a Legal Question?

Get Free Answers From Experienced Lawyers!

Lawyers, increase your visibility by answering questions and getting points. Answer Questions
Colorado Business Law Questions & Answers
1 Answer | Asked in Estate Planning, Business Formation and Business Law for Colorado on
Q: Setting up a LLC in Colorado.

What is the recommended way to set up a new LLC to protect myself from having my wages garnished at my employer and safeguard my personal assets if my business fails, especially if it has LLC has business loans?

Liscah Isaboke
Liscah Isaboke
answered on Jan 9, 2025

To set up an LLC in Colorado and protect your personal assets and wages from garnishment, ensure the LLC is properly formed by filing with the Secretary of State and maintaining separation between personal and business finances. Avoid personally guaranteeing business loans, as this could expose... View More

1 Answer | Asked in Business Law for Colorado on
Q: LLC dissolution

My partner is threatening to forcibly dissolve our LLC claiming I am not managing the short term rental correctly, which is not true.

D. Mathew Blackburn
D. Mathew Blackburn
answered on May 8, 2024

The first step would be to review the operating agreement and determine what if any provisions would apply. USe this information to attempt to settle the issue or proceed with a buy-out.

If you can't come to an agreed-upon resolution the next step would be filing a lawsuit to remove...
View More

1 Answer | Asked in Contracts, Business Law and Estate Planning for Colorado on
Q: I inherited McDonald's I know for a fact I'm on the last owners will that I get all the money and company. Can you help

I'm the owner of McDonald's and the will was never brought to any ones attention that I Mitchell Jensen or Mitchell Rio own and did inherit all of McDonald's. I picked up the bank account as soon as I started owning McDonald's

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 18, 2024

If you believe you have inherited ownership of McDonald's through a will, it is essential to first verify the authenticity and legal standing of the document. You should consult with an attorney experienced in estate law and corporate ownership structures to assess the will's validity and... View More

1 Answer | Asked in Tax Law and Business Law for Colorado on
Q: Can the IRS collect LLC penalty and interest only, from it's individual members?

I filed a tax return late but did not owe any LLC taxes (in 2014, but I just found out about the charges about a month ago).

The IRS hit the LLC with $2298.46 in penalties and interest, not for owing any taxes.

The LLC was dissolved about 9 years ago, I believe. My question is, can... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 8, 2024

When it comes to LLCs, the IRS typically views the entity as separate from its members, meaning the company itself is responsible for its taxes, penalties, and interest. However, the way an LLC is structured can influence how the IRS pursues outstanding liabilities. For an LLC treated as a... View More

3 Answers | Asked in Copyright, Business Law, Intellectual Property and Trademark for Colorado on
Q: My gym made a t shirt that hints at another gyms logo. The t shirt is satire. I’m looking for a lawyer to take a look

The t shirt is purple and says “welcome to the judgement zone” this is a twist on a popular gym franchise. We used the colors yellow and purple and the shirt features a thumbs down in the middle. We can send the design for review

Kevin Michael Strait
Kevin Michael Strait
answered on Jan 17, 2024

Though I can't comment on your specific legal situation in this forum, I can offer some guidance on the fair use doctrines in US trademark law. In a combination of codified federal law and certain supreme court rulings, the development of a phrase or logo that parodies an existing, registered... View More

View More Answers

3 Answers | Asked in Copyright, Business Law, Intellectual Property and Trademark for Colorado on
Q: My gym made a t shirt that hints at another gyms logo. The t shirt is satire. I’m looking for a lawyer to take a look

The t shirt is purple and says “welcome to the judgement zone” this is a twist on a popular gym franchise. We used the colors yellow and purple and the shirt features a thumbs down in the middle. We can send the design for review

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 18, 2024

When considering the legal aspects of your gym's t-shirt design, it's important to understand the concepts of trademark infringement and parody. Trademark infringement occurs when a new design is confusingly similar to an existing trademark, potentially causing the public to mistakenly... View More

View More Answers

1 Answer | Asked in Business Law for Colorado on
Q: Can Virtual Addresses/PMBs be used for Principal Office Address in Colorado for LLC?

I am planning to incorporate an LLC in Colorado and have been looking at Virtual Business Addresses. Most of them are all Private Mail Boxes (PMB), and I'd like to know if that is eligible for a Principal Office Address. I know PO Boxes are not allowed.

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 15, 2024

In Colorado, the rules for setting up an LLC require a principal office address, but this address must be a physical location. While a virtual business address offers many conveniences, it's essential to understand that these are typically considered Private Mail Boxes (PMBs) and may not... View More

1 Answer | Asked in Gov & Administrative Law, Business Formation and Business Law for Colorado on
Q: For the state of colorado - I am going to need to open an S Corp. Is it better to start it as LLC or C Corp for few day?

I plan to elect S Corp status within a few days after getting EIN and all. I am curious on how it makes a difference if I start LLC or C Corp given S Corp form will be submitted in a matter of days following.

Kevin Michael Strait
Kevin Michael Strait
answered on Dec 29, 2023

Many people form an S-Corp to take advantage of the personal income tax breaks when paying yourself as both an owner and an employee of the business. The S-Corp election is more accurately called the "subchapter S tax election" and, as you point out, can be used in combination with an LLC... View More

1 Answer | Asked in Business Law, Consumer Law, Securities Law, White Collar Crime and Criminal Law for Colorado on
Q: How can I dispute a penalty from a cloud mining company in Colorado?

I invested in a cloud mining company in Colorado, and I'm facing issues with their penalty clauses. The contract I signed required me to purchase a series of two additional $8000 contracts before the project's expiration to avoid penalties. Despite following the instructions of their... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 30, 2025

It sounds like you’re facing an unfair situation that could potentially involve deceptive or fraudulent business practices. The first step is to **review your contract carefully** and gather all written communications with the company, including emails, messages, and receipts that show you... View More

1 Answer | Asked in Business Formation, Business Law, Divorce and Family Law for Colorado on
Q: Can I legally maintain control of an LLC post-divorce after removing ex-husband without disclosure?

I co-owned an LLC with my ex-wife, each of us initially having equal capital. During the marriage, my husband granted me 99% of his share, which I used to make decision-making more efficient for the LLC's benefit, not to permanently exclude him. I removed him from the bank account, which led... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 24, 2025

In Colorado, your control turns on the LLC’s operating agreement, documented assignments, and what the divorce court adjudicated as marital property. If you lack a written assignment of your ex’s membership interest and a contemporaneous amendment to the operating agreement and company... View More

1 Answer | Asked in Business Formation, Business Law, Divorce and Family Law for Colorado on
Q: Can I maintain LLC control after divorce without disclosure?

I co-owned an LLC with my ex-husband, and initially, we each had an equal share. During our marriage, he transferred 99% of his stake to me, which I used to expedite decision-making for the benefit of the LLC, not to exclude him permanently. I removed him from the LLC's bank account, which led... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 24, 2025

I know this feels like a squeeze between family court duties and business realities, but you can navigate both with a clear, documented plan. If you failed to disclose a material ownership shift during the divorce, your ex can ask the court to reopen property division, seek fees, or sanctions under... View More

1 Answer | Asked in Business Formation, Business Law, Family Law and Tax Law for Colorado on
Q: Ex-esposa me removió de nuestra LLC sin aviso y oculta ingresos tras divorcio. ¿Opciones legales?

He iniciado una LLC junto a mi ex esposa en 2021, compartiendo igual capital de inversión. Aunque ella figuraba con el 99% y yo con el 1% de la empresa para facilitar decisiones sin mi firma, ambos éramos propietarios. Sin embargo, tras nuestro divorcio, ella me removió de la LLC y de la cuenta... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 16, 2025

It sounds like you are facing a serious issue with both business and marital implications. Since you and your ex-wife created the LLC together and invested equally, the company is likely considered a **marital asset** under Colorado law, regardless of the ownership percentages listed on paper. Her... View More

1 Answer | Asked in Family Law, Business Law, Tax Law and Civil Litigation for Colorado on
Q: Dispute ex-wife's seizure of LLC and misrepresentation in Colorado court.

I believe my ex-wife wrongfully seized control of our jointly-funded LLC and misrepresented facts in court. The LLC was established during our marriage in 2021 with an equal financial contribution from both of us, despite a nominal ownership split of 99% for her and 1% for me for management... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 16, 2025

It sounds like you’ve been placed in a difficult legal and financial situation, and you have valid concerns about both the LLC and the marital property. In Colorado, property and businesses created during marriage are generally considered **marital assets**, even if one spouse’s name appears as... View More

1 Answer | Asked in Business Law, Insurance Defense and Personal Injury for Colorado on
Q: Van damaged by delivery driver with invalid insurance in Colorado.

My van, parked in my driveway, was hit by a person delivering a package for GOFO Express (a delivery service for Temu). I have a security video showing the vehicle just after impact, capturing the driver as he gets out to inspect the damage and approaches my gate. A state trooper assisted in... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 2, 2025

When a delivery driver damages your vehicle, their insurance should cover the loss, but if the policy is expired or invalid, you may need to look at other options. Since the driver was delivering for GOFO Express and indirectly for Temu, you can argue that they were acting within the scope of... View More

1 Answer | Asked in Business Formation, Business Law, Gov & Administrative Law and Internet Law for Colorado on
Q: What are the Colorado statutes and punishments for selling radar jamming software?

I am planning to start a company in Colorado selling radar jamming and detection software, including priority jammers, the Uniden detector, and the E***** 360 Max. My target market is civilians, mainly street racers. I'm not aware of federal regulations and have not consulted legal or business... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 26, 2025

In Colorado, radar detectors themselves are generally legal for private passenger vehicles, but radar jammers are not. Federal law also makes it illegal to manufacture, sell, or use radar jamming devices because they interfere with law enforcement equipment. This means that starting a business... View More

1 Answer | Asked in Contracts, Business Law, Civil Litigation and Real Estate Law for Colorado on
Q: I agreed to a $19,000 settlement for undisclosed house damage, contingent on seller's unrelated home sale. How can I ensure timely payment?

On July 24, 2025, I sent a demand letter to the seller of a house I purchased, requesting compensation for undisclosed damage. We agreed on August 27, 2025, to settle for $19,000. Later, the seller added a contingency in the fine print, depending on the sale of an unrelated property. Although my... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 23, 2025

You can protect yourself by adding clear deadlines and alternative remedies in the settlement agreement. Specify a firm date by which the seller must pay, even if the unrelated home hasn’t sold, or include a provision that allows payment from other sources if the sale is delayed. This ensures you... View More

1 Answer | Asked in Divorce, Business Law and Family Law for Colorado on
Q: How to request reimbursement for animal care and property expenses in Colorado divorce?

In my Colorado divorce case, with final orders hearing scheduled for October 1, I need to know how and where to request reimbursement for extraordinary animal care and property maintenance expenses incurred since our separation. These expenses were listed in my sworn financial statement, but my... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 15, 2025

You can request reimbursement for these expenses by including them in your proposed orders for the final hearing. Make sure they are clearly itemized, showing dates, amounts, and purposes, so the court can see they were necessary and reasonable. If the expenses were listed in your sworn financial... View More

1 Answer | Asked in Business Law, Contracts, Family Law, Civil Litigation and Real Estate Law for Colorado on
Q: Can a post-nup protect my 90% equity in our Colorado home from a potential civil suit against my husband?

My husband and I are both listed on the deed and mortgage of our primary home in Colorado. He might face a civil suit due to a baseless claim. Our existing equity in the home is twice the homestead exemption level in Colorado. I'm considering a post-nuptial agreement that would define my... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 13, 2025

A post-nuptial agreement in Colorado can define ownership interests between spouses, but it does not automatically shield property from third-party creditors or lawsuits. Even if the agreement states you own 90% of the equity, creditors may still pursue your husband’s interest in jointly titled... View More

1 Answer | Asked in Business Law, Contracts and Real Estate Law for Colorado on
Q: How can I exit a paid-off timeshare in Colorado with ongoing HOA fees?

My timeshare in Grandlodge at Peak 7 is fully paid, but I'm still required to pay annual HOA fees. I've tried to deed it back, give it away, or even sell it for a dollar, but nothing has worked. The timeshare company tells me it's my responsibility to get rid of it, but I no longer... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 11, 2025

Exiting a timeshare in Colorado can be challenging because ownership often carries ongoing obligations, like HOA or maintenance fees, even after the mortgage is paid off. Since the timeshare company is placing the responsibility on you, you will need to explore options that legally release you from... View More

1 Answer | Asked in Contracts, Business Law and Civil Litigation for Colorado on
Q: Can contractor sue over a dispute in terms of mobilization payment for a sunroom contract in CO?

I had a contract with a contractor to add a sunroom to my house. The contract specified three payment milestones: payment upon contract signing (which I made), at mobilization, and upon completion. We verbally agreed and confirmed through text messages that "mobilization" meant the... View More

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 9, 2025

It’s reasonable to be concerned about whether the contractor could try to sue, but based on what you’ve described, you have documentation that supports your position. Since “mobilization” was clearly defined in your written messages as requiring both tools and materials, and he failed to... View More

Justia Ask A Lawyer is a forum for consumers to get free answers to basic legal questions. Any information sent through Justia Ask A Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between Justia and you, or between any attorney who receives your information or responds to your questions and you, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask A Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises, or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.