If you ever find yourself in need of a Limited Liability Company, you must first do the appropriate research to find out the details of what is a relatively confusing concept. Read on and discover what an LLC can do for you.
What is an LLC?
An LLC is an existing business created to according to the state law that has characteristics of both a corporation and a partnership. It is like a corporation because of the owners of an LLC are not personally liable for company debts. It is like a partnership because an LLC has great flexibility in its operations and is intended as a ‘pass through’ system for taxes. As a result, an LLC pays no taxes on its profits, and instead losses and profits are sent to the owners which must pay tax on their profit from the LLC income.
Do I Need an Attorney?
Technically you do not need a lawyer to assist you in the creation of an LLC. However, the paper work you must complete is extremely complicated and the laws are confusing. It does not help then that every LLC is different and will have its own circumstances. It is highly recommend that you hire a lawyer to make sure you are acting one hundred percent within the law.
What Do I Need to Do to Form an LLC?
In order to create a function LLC you require various bits of paperwork. Firstly, you need an Articles of Organization form. This must be filed with the Secretary of State or another state agency. Now, the members of the LLC need to agree on an operating agreement. This outlines the rights of the various members and the rules that shall govern the companies’ comings and goings. Your LLC may also need to apple for a Tax identification number. You do this through the IRS.
What are the Advantages of an LLC?
When you have an LLC you can be your own boss and answer to yourself. You can also limit how liable you are, this protects your own personal assets should the business go bust. You can avoid double taxation. There is also the benefit of less administration and paperwork. Finally there is greater flexibility when you share the profits among your staff.
If you believe that this system can help your business, contact a business lawyer now and see how you can benefit.
There are times when a grandparent strongly believes that he or she has the right to visit or sometimes the right to full custody of a grandchild. Grandparents have been known to hire a lawyer and bring this grievance to court, and fight for their rights in a legal battlefield. The law currently states that if a couple’s grown daughter dies, there is nothing to guarantee the grandparents’ rights to visit their children. The child’s father has the right to decide this.
Most normal grandparent-grandchild relationships consist of regular visits between the two, usually on a predictable day or days. However, the law says that unless the grandparents have had an almost parent like relationship with the grandchild, i.e. lived with them and cared for them, they get no more rights than complete strangers.
The deterioration of the family unit can occur because of a vast number of reasons. These can include death, divorce, alcohol or substance abuse, imprisonment and so on. According to US law, grandparents do have right to visit their child, and they can seek these rights. The details of these rights vary vastly from state to state. Have a clear understand of these rights can make sure that you cannot be cut off from your grandchildren on a permanent basis. Every single case however, is evaluated on its own merit and you may need to seek a lawyer to provide additional assistance.
The law was put into this dubious state in June of 2000. The US Supreme Court issued a decision about the visitation of grandparents to their grandchildren. This ended up superseding a Washington State law that allowed judges to give visitation rights to any interested individuals as long as the child’s best interests were served. This stood true, even if the parents disagreed.
The Supreme Court said that the Washington State Law was “breathtakingly broad”. They went on to say that it infringed upon the rights of the parents. This convinced the Washington Supreme Court to deny grandparents guaranteed visitation rights.
This is obviously an incredibly complex legal affair. It seems to infringe upon everyone interests and nobody is happy. Good grandparents can now not access their own grandchildren, and good and nurturing relationships are cut off from grandparent and grandchild. I can only imagine for how long this legal battle will rage on until grandparents get their rights to visitation. We will just have to wait and see.
If you have finally decided that your marriage just is not going to work anymore, then you need to seek out a professional and reliable divorce attorney. It is important that you find an attorney that you are comfortable with and who you trust to truly represent your interests in court. I will take you through a number of steps which will allow you to pick a lawyer to suit your needs.
Think of the Children
You must consider your family before you considering anything else. You should consider the age of your child, their relationship with you and your spouse which they have. You need to consider how these factors will affect them during a divorce. If your children are near or in their teens, they can be involved in the proceedings and they can say with whom they would prefer to live. If it turns out that your kids are all grown up, there will be no need for such action.
Beware of Your Finances
You should think long and hard about your own financial situation before having a divorce. Factors such as shared bank accounts and joint assets can seriously complicate proceedings. If you hold significant joint assets, you will need to find a lawyer who has a strong business background to fight the case for you.
Predict the Storm
You should have a look your spouse and consider his or her personality. Do you need separate divorce attorneys or just one for instance. You should know the circumstances of the divorce, so you can answer these questions by predicting how smoothly or nastily your significant other will persist with these things. If you believe that the case could get sticky, it may be in your interest to hire a lawyer who has a strong background in mediation and can easily sort out a fight. This is necessary to promote productive and health y negotiations with minimal stress on everyone. If it happens that you are divorcing due to an abusive relationship with a man, you can seek a lawyer specializing in women’s rights.
As you can clearly see, choosing a divorce lawyer is no simple process. It is a strange mixture of economics, psychology and mediation. You need to suit both of you, yet fight your own interests along with keeping stress levels low and the process productive. Pay attention to this advice and you will come out on top.
If you are looking for legal advice for a divorce consider