A demand letter is a formal notice often written by an attorney on behalf of a client demanding that the person or business cease or take action in effort to resolve the dispute before going to court. The purpose of a demand letter is to seek resolution and/or begin a...
Are you wondering what type of business arrangement is best for you? A joint venture agreement is a "partnership" of two or more individuals or companies with the intention of making profit. The goal is for every “partner” in the agreement to contribute assets,...
You should be aware that formation of an LLC may affect your future tax obligations. You should carefully review all the tax aspects of your entity with your accountant, paying special attention to the issue of whether to elect Subchapter S status. Sub-Chapter S...
Formation starts with the proper certificate filed with The State of Texas. You will need a Registered Agent. You will need to disclose the initial members or the managers if member managed. Bank Account. A new Bank account should be opened in the name of the LLC....
Conducting Business in the Name of the LLC. It is very important that all necessary formalities be followed to maintain the existence and activities of the LLC distinct and separate from the Members and officers, in order to ensure that such persons do not become...
Selling your own property is a way to maximize the returns that you make on the transaction. If you don't work with a real estate agent, you won't have to worry about paying someone a certain percentage of the sale price. Additionally, if you choose to offer owner...
Certification of Formation. The Certificate of Formation was filed with and accepted by the Secretary of State which issues an acknowledgement of filing for the LLC. The Certificate of Formation establishes the LLC and sets out its fundamental structure. Company...
