Information accurate at the time first published. Laws subject to change.
The limited liability company (LLC) has only been around since the first LLC statute was enacted in 1977. Within a few decades, it has become the most popular legal entity formed by new US businesses due to its ease of formation, flexibility, low start-up costs and...
Starting a business requires a great deal of planning and execution. Exiting from your small business should entail a similar level of forethought and preparation. Nevertheless, some surveys indicate that nearly half of all business owners have no exit strategy.[1]...
When two things are mixed together, they are said to be commingled. This is a term that often relates to financial accounts, but it can technically be used with other types of assets, as well. For example, you and your spouse may each have had a personal bank account...
There’s no legal requirement to have a will and, in fact, for a variety of reasons, the majority of Americans die intestate (i.e., without a will). Regardless of the reason for foregoing an estate plan, passing away without one can make things vastly more complicated...
As you know, divorce brings many changes, shifting immediate priorities for everyone. However, for parents, ensuring the well-being of their children is always a top concern. Child support allows parents to fulfill their responsibilities by establishing financial...