What is a Charging Statement? I was told it should go along with the Operating Agreement when you set up an LLC? Please provide the statement or where I can look one up. thank you
I started working for a LLC in 2007 under a signed agreement for $50,000 yearly salary + 2% commission. In 2008, the majority owner was trying to buy out the 49% investors. I was asked if I would like to have a 2% investment in the company. I agreed. A few months later I find out that I now receive guaranteed payments, not wages, where I am responsible for self employment taxes. I have had to take no pay as well when things were slow. Recently, I have not received any “guaranteed payments” for 12 weeks. I am hurting financially and wondering if I have any protection to recoup money that is owed to me. I have the signed offer letter from 2007 when I started working stating my salary. Did this change once I obtained a 2% investment in the company? I think I am being taken advantage of and the majority owner is saying that owners get paid last and sometimes won’t get paid at all. Is he right in saying this and not paying me? I’m in dire need of assistance.
I have a online business that provides Corporate Certificates of Good Standing – www.onlinecorporatedocs.com Many clients ask me advise them on which state is the easiest to incorporate & get certified – Should I be recommending a state or would this be considered giving legal advise?
Looking for information on how one or if one can take themselves off an LLC, Corp. in NJ without canceling the LLC completely?
Can a board member of a non-profit organization resign by e-mail or must the resignation be received in writing and submitted to the secretary. We are incorporated in the State of Delaware.
Posted on : 09-11-2009 | By : Legal Information | In : Business Law, LLC
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I am trying to find an attorney in Towson Maryland that can do a few different things for me. Please advise me because I think an attorney is my best bet. I am going to incorporate an internet business because I do web development in my dorm room. I am very good in developing websites but I’m afraid that I could get sued for something. What type of attorney and any names or recommendations would be greatly appreciated.
Posted on : 16-10-2009 | By : Legal Information | In : Business Law, LLC
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I have a small Internet business that is under my name. For personal reasons I’m going to create an LLC. I’ve read a lot of information on where this LLC should be created including Texas, Nevada, Delaware, New York and a few other places. Can someone let me know for business reasons and tax reasons which of the states would be serve me in the LLC process. I want to be protected if I get sued and if I can save a few dollars in the process more the better.
I am self employed – own an LLC company, and a debt collector won’t negotiate payments and has threatened garnishment. I know they can’t garnish my wages, but can they put a freeze on any bank accounts with my name even associated with the business? I live in Texas
A tenant just signed a lease with me after looking at the apartment and when she moved in the small cabinet above the toilet had mold in it. She called me and I told her the maintenance man would be out to fix it the next day. She then demanded a refund for the apartment claiming it was not livable and she moved out. She went to small claims court and has filed suit against me personally. The building is in a L.L.C. and the contract is also in L.L.C. If judge rules in her favor can they come after me personally and garnish my wages? What will happen to my L.L.C. if she files lien against that? Will she be able to get anything from me?
I just formed an llc in Florida to protect my assets from future creditors. How do I transfer my 2 cars (no liens)? Should I transfer my Homesteaded (no mortgage) to my llc?