Every week, if not every DAY, one of the attorneys in my office is asked this question in a consultation. We take this seriously and want to give them the answer that is in THEIR BEST interest, which means an LLC for every rental probably isn’t necessary....
A Charging Order Protection Entity (COPE) is a unique type of entity that can provide additional protection for the assets it holds from the owner’s personal liabilities. It is far more advanced and complex than the average LLC. The COPE is generally structured as a...
As we have been working through tax returns for clients this tax season, it’s alarming to see how many clients aren’t maintaining their checkbook properly, or not even having a separate checkbook at all for each of the companies they own and operate. I’m not just...
Having an Employee Handbook can make a huge difference in deterring a future lawsuit with employees. It can also help you tremendously in creating a more positive work atmosphere and increasing efficiencies. A properly drafted Handbook sets forth the guidelines,...
Most business owners understand the concept and importance of isolating assets or ventures that may expose them to personal liability. As such, the primary strategy to protect our personal assets from these risks has been to use the Limited Liability Company...
I know this may sound a little odd coming from a man that has been advocating small business since age 8. I was out there on the street trying to talk my little brother into helping me with my lemonade stand and various other hair brain schemes even through high...
