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Indiana Business Formation Questions & Answers
1 Answer | Asked in Health Care Law, Business Formation, Elder Law and Personal Injury for Indiana on
Q: My wife and I are caring for her mother in our home. Is a LLC or corporation a precaution to limit our liability ?

We are experienced caregivers but wonder about repercussions from a fall or injury to my mother in law.

Chase T Wilson
Chase T Wilson
answered on Apr 28, 2017

I'm not sure how you'd be held liable for anything here if you're taking care of your daughter's mother. Forming an LLC seems like a bit much.

1 Answer | Asked in Business Formation, Business Law and Securities Law for Indiana on
Q: I pitched a technology start-up idea to a family relative, he liked it and agreed to invest.

He is neither a US citizen nor a resident, and he does not want to be listed in the US Startups (even if the law allows him to). He wants to invest via a loan instrument, which I am expected to pay back whenever the model succeeds, beyond which we will share all profits as partners. This therefore... View More

Jonathan R. Roth
Jonathan R. Roth
answered on Apr 10, 2017

The answer to your question depends on the Tax Treaty between your relatives home country and the USA. Generally, interest paid to foreign nationals on loans made in the USA are subject to US taxes and withholding. The amount of the tax and the withholding is dictated by a tax treaty between the... View More

1 Answer | Asked in Business Law, Business Formation and DUI / DWI for Indiana on
Q: Can you get a liquor license in Indiana if you had a OWI in 2012
Paul Stanko
Paul Stanko
answered on Oct 2, 2016

You need to provide more information. Were you convicted or just arrested?

1 Answer | Asked in Business Formation for Indiana on
Q: What do I need to do to buy a mom and pop business that is for sell.

The owner is very ill and the business is up for sell very recently. It is a hot dog, pizza and mainly ice cream shop that is well established in my community.

Charles Snyderman
Charles Snyderman
answered on May 16, 2014

You should hire an experienced attorney who can assist you with a contract, due diligence, and the closing.

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