Blog/Vlog
Insights and Information in our Realm of Legal Knowledge
Choosing the Proper Foundation: Partnerships
As with other business structures, business partnerships can have pros and cons depending on the parties involved. Each partner will contribute to all aspects of the business, this includes, money, property, labor, and skill. As a result, each partner will…
Choosing the Proper Foundation: Limited Liability Company
The Limited Liability Company (“LLC”) has stepped in the spotlight as one of the most popular business structures in the United States. A LLC is formed by filing a certificate of formation with the Secretary of State in the state…
CFPB Focuses on Personal Property Storage Fees After Repossession
The CFPB is a federal consumer protection bureau which creates and enforces federal consumer financial laws ensuring consumers access to consumer financial products and services in markets deemed fair, transparent, and competitive. The legislation resulting from this organization is known…
Choosing the Proper Foundation: Corporations
When determining your foundation, the major concern seems to be whether the company is ever expected to go public. For General Partnerships and Limited Liability Company’s (“LLC”) this is an impossibility unless you plan to change your business structure. If…