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 
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 similar to Habitat for Humanity decided to give away houses along with the land, several implications arise. First, the recipients would gain significant financial security and a sense of permanence, as owning both the house and the land secures their place in the community and... View More
What implications are there to giving a house away with the land? (The land in purchased from the city by HH.)
answered on Apr 4, 2024
If this is viable Not-For-Proft (or Non-Profit as some refer) then as long as they are within the bounds of non taxable gifts to their recipients. If the recipients are low income and qualify under the “NFP” charitable purpose then the donor would have a charitable deduction and the recipient a... View More
They would like a name that better describes the location.
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answered on Dec 23, 2023
Yes, a not-for-profit corporation can change its name without dissolving and starting over. This process typically involves amending the corporation's articles of incorporation to reflect the new name.
The specific steps to change the name will depend on the state in which the... 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
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
We finished the customer's roof yesterday and they were happy with the work and paid us with a check. Today, they said they were unhappy with a portion of the roof that is perfectly fine and they put a hold on the payment check. Can they do this?
answered on Jul 1, 2023
A Wisconsin attorney could advise best, but your question remains open for two weeks. The first thing to check is whether there is a problem with the work that you were not aware of. However, if the work is satisfactory and meets contract specs, then you could reach out to local attorneys to... View More
in longer form i am wondering if my friend using his money can trade stocks based on advice that I give him and give me a split of the profit. The reason I don't know if this is legal is because my father working at a Hegde fund and therefore my ability to trade stocks is highly regulated and... View More
answered on Mar 20, 2023
This is not the kind of question that can be answered publically.
answered on Jun 29, 2022
I think you will need permission from the court in order to sell your shares post filing.
Should the company list the full details of the guarantee?
answered on Oct 9, 2020
A Wisconsin attorney could advise best, but your question remains open for a month. As a GENERAL matter, it might depend on what the rest of the terms of the guarantee outline as remedies for a consumer in the event of less-than-full satisfaction. Since Wisconsin law could govern consumer... View More
Basically, I want to purchase on-demand liability insurance for independent contractors that get jobs through my site and I want to know if it is illegal to make this purchase as if I am them if I have their consent in signature form.
answered on Aug 9, 2020
A Wisconsin attorney could answer best, but your question remains open for three weeks. Insurance is generally governed by state laws, but as a general matter, if information falls through the cracks and the carrier raises a defense that they were not provided with accurate information as to a... 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
for example if you buy a bottle of syrup from Target when is that bottle of syrup legally yours
answered on Dec 24, 2019
This must be a trick question or extreme boredom. The product is yours when you pay the money and get a receipt.
I have a contract with my employer, but every time I ask for a copy of it I just get an excuse why he can’t do it. Are employees allowed by law to see his/her contract whenever they choose?
answered on Sep 13, 2019
You posted this in Business Law, a logical choice, but that might be why it hadn't been picked up by an employment law attorney, who is really the person you want input from. You could repost and add Employment Law as a category. As a general legal premise for all areas of law, the practice of... View More
Is it fraud if an owner of a company advertises merchandise at a certain percentage off, but then tells the sales team not to let customers know of these sales?
answered on Aug 28, 2019
It's possible. It depends on the state of mind with which it's done.
Tim Akpinar
Signed an advertising deal with Wisconsin based company which I am now in the process of terminating by way of paying an early termination fee. My question is since they failed to inform me of my right to terminate and no where on the contract does it state it, do I have grounds for a complaint?... View More
answered on Apr 4, 2019
Unfortunately, not every written contract is required to have a free "I've got second thoughts and want an early out" clause. In fact, you should be glad the contract even has an "early termination fee" clause, because that is not required everywhere either.
IMO,... View More
I signed contract in Ga with representative from a Wisconsin company. I am 22 and representative took me to fancy place and offered food/drinks I got caught up and signed a pretty bad deal. I will pay their early termination fee if have to but seems a little unfair. The salesperson told me that if... View More
answered on Apr 3, 2019
Unless you signed the contract less than a week or ten days ago the "cooling off" clause has probably expired. Claiming to have been taken advantage of because the sales guy plied you with fancy food and expensive booze while he was convincing you to sign the "bad deal" will... View More
These businesses are supported financially by the others during the off season. They have a substantial amount of debt that is personal and the businesses. My father wants to file bankruptcy right away before trying to sell assets and my mother does not agree with him. He wants to keep one business... View More
answered on Oct 20, 2018
This is such a complex question with so many variables that it is impossible to properly answer here. It depends on whose name and how assets and liabilities are held as to what the proper action. Each can file separately if necessary, but generally speaking both parties are best served by filing... View More
Can we legally contact after discharge of ch 7 if they still have our property and are not paying?
answered on Aug 25, 2018
Yes. You cannot collect any money from the debtor unless they filed a reaffirmation agreement, but you are entitled to possession of the vehicle if they are not paying for it. Consulate a local attorney who call help you reclaim the car.
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