Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

Related Business Law Questions
My sister and I own a business 50/50. She arbitrarily
My sister and I own a business 50/50. She arbitrarily decided to suspend our salaries (for the past five years), and put the money into anything short of gold plating the building. She is wealthy, and… read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,302 satisfied customers
I am a 50 percent owner in an LLC in Oregon. I live in
I am a 50 percent owner in an LLC in Oregon. I live in California and we want to become a C-Corp in the State of California using my California residence and also with me having a 51 percent majority … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
S-corp created in CA - two owners thinking to create
S-corp created in CA - two owners thinking to create separate LLC under the S-corp for separate books -one moved to another State what is the best way to split but keep the brand / webpage / patented … read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,631 satisfied customers
This is, Please review and edit what I have written to plug
This is for Ely, Please review and edit what I have written to plug into the agreement that my partner will be sending to me. Feel free to change any thing you see necessary . Thanks… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
My ex life partner and I own a small s-corp business that we
My ex life partner and I own a small s-corp business that we started together. We each hold 50% of the stock and we each worked at the company as shareholder employees for a number of years. When we s… read more
CalAttorney2
CalAttorney2
Attorney
Doctoral Degree
8,845 satisfied customers
: I am a 24% shareholder in a Nevada S-Corporation and
Hi: I am a 24% shareholder in a Nevada S-Corporation and wish to end my involvement. The majority shareholder and I agreed that he could have my shares (very little value, company is all but inactive)… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
My father passed away a few months ago. He was a business
My father passed away a few months ago. He was a business owner. He had recently allocated his ownership to 60% my sister and 40% myself and my other sister. The will says that my sister and I both in… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,631 satisfied customers
there are 2 share holders in our s corporation we both own
there are 2 share holders in our s corporation we both own 50% of the shares. What if we disagree on distrbutions/dividens taken. I want to cut dividens/distribution during loosing month. Who decides … read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
Doctoral Degree
1,611 satisfied customers
Hi. When a 2-member LLC (partnership) transfers ownership
Hi. When a 2-member LLC (partnership) transfers ownership out of both patner's names to all-new members, is it 12 weeks from that date that we have to file our information tax return with the IRS? Tha… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,775 satisfied customers
My wife invested in her friends husbands company 7 years
My wife invested in her friend's husband's company 7 years ago. Over the years, she has occasionally received a schedule of investors listing her percent owned. Each time, her percent has decreased, f… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Hello, my name is XXXXX XXXXX I live in Wisconsin. My family
Hello, my name is XXXXX XXXXX I live in Wisconsin. My family has been in the funeral business for over 100 years and I am fourth generation. The business has been a 50 - 50 partnership since 1984 when… read more
P. Simmons
P. Simmons
Attorney
Doctoral Degree
151 satisfied customers
My brother and I have two small companies together that are
My brother and I have two small companies together that are incorporated. One is a mobile home park and one is just property. We are dissolving this partnership and can't seem to come to an agreement … read more
BartEsq
BartEsq
Attorney
Doctoral Degree
674 satisfied customers
My husband owns his own pool business. We file personal taxes
My husband owns his own pool business. We file personal taxes with his business on schedule C. What would be the benefits to becoming an S Corp?… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
What do you have to do to dissolve a corporation? Can I dissolve
What do you have to do to dissolve a corporation? Can I dissolve our corporation since I own 50%?… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,631 satisfied customers
We have a small service business with an average of 10 employees.
We have a small service business with an average of 10 employees. We have been in business for 30 years. We are set up as a sole prorietor under my husbands name. We want to incorporate, probably a C … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,302 satisfied customers
I have shares (10%) in a privately held company in New York.
I have shares (10%) in a privately held company in New York. I resigned from my position there two years ago but cannot sell the shares back to the company because they did not have a shareholders agr… read more
lwpat
lwpat
Doctoral Degree
256 satisfied customers
If aperson is part owner in a business and the business pays
If aperson is part owner in a business and the business pays all the taxes on your share is it legal for him to show your percentage of the profits as earned income on your taxes even though you never… read more
Maverick
Maverick
Doctoral Degree
6,494 satisfied customers
I formed a corporation (s-corp) last December and issued 2,000
I formed a corporation (s-corp) last December and issued 2,000 shares of stock, 1,000 each for my friend and me. I listed the cash input for this stock as $1,000 for each of us. The stock certs have b… read more
Attorney & Counselor at Law
Attorney & Counselor at Law
Managing Partner
Doctoral Degree
865 satisfied customers

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).

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

64,602 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

778 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

683 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

604 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

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).

Show MoreShow Less

Ask Your Question

x