Get free answers to your Business Formation legal questions from lawyers in your area.
I am not currently and LLC, but I am trying to create a hold harmless agreement with some subcontractors. Should I have them sign one now with me as an individual and then have them sign one later to my LLC?
answered on Aug 29, 2016
Whoever the contract is with. But you really want to pay for a consultation to review these questions with a business attorney
who focuses their practice on business formation. Your accountant can also have insights.Doing it all yourself off of the web, with all due respect to the vast... View More
I am currently the only person willing to solicit donations for our local pound to get the animals in good health and get them adopted out. City does not provide any assistance other than an Animal Control officer and a place to put the dogs. I solicit for food, blankets and monetary donations for... View More
answered on Aug 9, 2016
Congrats on the work you are trying to do. Before setting up a 501(c)(3), please consider that running a nonprofit will involve a lot of tax accounting work each year as you make your annual tax reports to the IRS. An attorney can certainly help you with the formation of the nonprofit corporation... View More
answered on Jan 22, 2016
Buying a franchise can be a good way to enter into a business. Unfortunately, it is difficult to answer your question without more information. Much of the relationship between franchisor and franchisee is contractual. Thus, each franchisor may have specific requirements regarding credit for... View More
hi, I am planning of developing a software with help from my friend who has a company. We want to develop this product which is my idea through my friend's company developers. After product is completed I will market and sell it and we will share the profits. What kind of contract/agreement... View More
answered on Aug 29, 2015
The name of the contract isn't as important as the contents, and the contents are very important to protect you. Talk to a local business lawyer about getting a contract in place (that addresses IP ownership, rights, responsibilities, insurance, indemnification, revenues and many other... View More
If a client comes to you seeking to form an entity for his one-man business as a consultant in the oil & gas industry, would you suggest that he form an LLC or an S-Corp?
The client's projected annual gross income is $450,000. He has business expenses, but no employees. Would... View More
answered on Aug 29, 2015
Talk to a CPA about which tax situation is best. An LLC can be taxed as a sole proprietorship (if it only has one owner) or an s-corp (or a c-corp). A business lawyer can help with the entity selection and formation.
Please Take Notice: I am not your lawyer unless we enter into an... View More
I am a USA citizen.
answered on Aug 29, 2015
A business lawyer can advise based on your specific circumstances. I'd also talk to a CPA.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and... View More
answered on Aug 5, 2013
The most up to date forms can often be found on the applicable State's website relating to corporate filings. There might be a few attorneys out there that still use their own forms that they update from time-to-time to comply with changing statutes, but most corporate lawyers just utilize... View More
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