Those are interchangeable terms: not for profit and nonprofit.
It is only necessary to file for organization in one state and then obtain a qualification as a non profit from the Internal Revenue Service.
Before that entity could get a trademark registered, it would need to legally exist. However, you could file for the trademark in your name first and then assign the rights to the trademark to the non profit after it is created.
Your accept (by clicking the green "accept" button) would be appreciated. Although you have made a deposit, I cannot receive credit for my work without your accept. Thanks.
You are so knowledgeable I have more questions please.
I have 11 acres with a house; building a memorial chapel on part of the land; a friend of mine and I are doing this jointly. Since I own the land if something happens to me, do I need to have a contract for say 10 years for this Non Profit to carry on? How on taxes on a building with a Non Profit? Are they taxed at all? How do I tie this up so that in the event I pass away, it doesn't go to probate for my kids. Plus, my husband is in a nursing home(strokes and illness from Vietnam) on Medicaid; how do I keep them out of this deal (shelter it).
Thank you so very much!
A nonprofit can be perpetual and there generally are no members. succession of control can be set up to pass to your kids after your death.
Taxes generally aren't owed for ad valorem taxes on nonprofits either, but it varies from state to state.
These are more specific questions that would be more appropriate for you to discuss with a local attorney that could help you set up the nonprofit and your estate planning.
Your accept would be appreciated. Thanks.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).