Category Archives: Business Law

Use of LLCs for holding real estate: Pros and Cons

I read a colleague’s recent blog today about the pros and cons of using a Limited Liability Company (LLC) to hold investment real estate. It seems to be a popular topic because I spent last evening discussing the same thing with my … Continue reading

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Legacy Lost: The Dwindling Family Inheritance

Ninety percent of family inheritance is often lost within just three generations, according to the Wall Street Journal (Lost Inheritance).  By the end of the second generation — to be clear, that’s after your children have passed away — you … Continue reading

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E-Commerce: “Physical Presence” Sales Tax Collection

You don’t have to look hard to find the advantages internet retailers enjoy over their brick-and-mortar counterparts — and I’m not just talking about the lack of a enraged landlord banging down the door for this month’s rent (not to … Continue reading

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8 Elements of an Effective Business Plan

In our series on starting a business, we have presented some important questions to consider and discussed why the first thing you should do is count the cash. Yet addressing these issues is just the bare bones of starting your … Continue reading

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5 Steps to Limiting Personal Liability in Business

The LLC and corporation are popular business entities because they limit the owner’s personal liability for actions taken on behalf of the business – but they don’t just magically erase that liability. Rather, these entities require regular attention to maintain the owner’s liability … Continue reading

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