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How to Form an LLC in California
If you are thinking about starting a new business or launching a nonprofit start...
Examples of an LLC | LawTrades
It is not a secret that the limited liability company structure is uniquely attr...
What You Need to Know About EULA License Agreements
Not so long ago, most purchases were made in-person, at physical retail location...
Does GDPR Affect US Businesses?
It isn’t often that a law passed overseas impacts a broad range of American co...
Privacy Policy Best Practices
Whether you own a business, run a nonprofit organization or simply want to share...
What are Terms and Conditions of a Contract?
Americans enter into contracts with surprising frequency. Every time a parent si...
How to Eliminate 90% of Your Regret and Anxiety by Thinking Like a Roman Emperor
Do you know what Steve Jobs, John D. Rockefeller, Amelia Earhart, and Ulysses S....
How Much Does a Patent Cost?
If you or your business has invented a novel product, process or design, you lik...
Provisional Patent Application Process
In order to obtain legal protection for original inventions, individuals and inn...
Who is the Registered Agent of an LLC?
The process of forming a company is complex. Aspiring business owners must attem...
Answers
Can a US LLC have a partner who is not a US citizen and not residing in the US?
Yes your proposed arrangement is fine. A non-U.S. citizen can own an LLC outright so the 5% owner isn’t even necessary. It may get a little tricky when tax time comes as taxes “pass through” the LLC straight to the owners (called members), but a solid lawyer and / or accountant can help you with […]
What are some hidden secrets under the Terms and Conditions?
Websites that take the time to put a terms of service in place are simply trying to make it an easier situation for themselves as well as the user.
If I am holding 30% of shares, does that mean I own 30% of the company?
Technically, yes.
Can my LLC have an unlimited lifespan?
There is a lot of choice associated with the formation and maintenance of an LLC.
Is it possible for other countries to grant patents to US inventions that have already been published and sold in the US?
You must have a successful patent in any country that you seek protection of your patent.
What’s the craziest company logo ever?
This is the one.
Can I use brand names in my self-published novel?
Trademarks and copyright issues are often misunderstood.
What do the terms “patent pending” and “patent applied for” mean?
Do you know all of the terms associated with the patent process?
How long is a trademark good for?
Knowing when to trademark is important, but knowing how to do a trademark search is even more vital. No sense in spending money if the mark's taken.
If I don’t agree to the terms of service what other option do I have?
Websites that take the time to put a terms of service in place are simply trying to make it an easier situation for themselves as well as the user.
Why isn’t anybody ever happy with their attorney?
I wouldn’t necessarily say that everybody is unhappy with their attorney.
How do lawyers have the time and focus to read through huge contracts with thousands of pages to make sure every little detail is met and nothing is missed?
Lawyers have built their education, experience, and careers on their ability to do legal work the right way.
What is the most important thing to keep in mind when seeking funding for a startup business?
Your paperwork, business plan, etc. must be in working order and ready to go. Potential investors will not only quiz you on this material but study it themselves.
What are your tips for getting an O work visa to the U.S.?
O work visas are available to non-US citizens that are doing extraordinary work in the sciences, arts, athletics, education, or business. The United States Citizenship and Immigration Services (USCIS) takes the term extraordinary extremely seriously.
How much equity should a founder keep?
The truth? Sometimes the founder isn’t the one putting in 50%+ more of the work. If that’s how the cards are falling for your company, then you may need to reevaluate how much equity you get, or start putting in more time, money, resources, etc.
Dictionary
“Exercise” a stock option
“Exercise” a stock option - To purchase the securities underlying an option....
“Pooling of Interests” Accounting
“Pooling of Interests” Accounting - A method of accounting that allows two companies to ...
“S” Corporation
“S” Corporation - A type of corporation that satisfies IRS requirements allowing it to b...
404 Audit
404 Audit - The audit required by Section 404 of the Sarbanes-Oxley Act of a public company...
Accelerated depreciation
Accelerated depreciation - An accounting method allocating higher amounts of depreciation in...
Accelerated filer
Accelerated filer - (1) A stock option agreement or a restricted stock agreement clause that...
Acceleration clause
Acceleration clause - Specific to the qualified private placement of securities that are mad...
Accredited investor
Accredited investor - Rule 501(a) of Regulation D defines an “accredited investor” as an...
Accrual basis accounting
Accrual basis accounting - Commonly used accounting method where income is reported when ear...
Accruing dividend
Accruing dividend - Ensures a minimal rate of return for the preferred stock investors usual...
Adjusted basis
Adjusted basis - The basis in an asset less depreciation or amortization. See “Basis.”...
Templates
30-Day Past Due Letter
Use this 30-day past due letter to collect debts that are over a month late....
401k Rollover Request
When to use 401k Rollover Request Many Americans are unaware of the fact that if they leave one position of employment for another, their benefits, including any 401k contributions they may have made ...
60-Day Past Due Letter
Use this 60-day past due letter to collect debts that are over two months late....
90-Day Past Due Letter
Use this 90-day past due letter to collect debts that are over three months late....
Acceptance of Service
When to use Acceptance of Service When an individual or business becomes a significant party to legal action that they did not initiate, that individual or business is supposed to be formally served w...
Acceptance of Service
When to use Acceptance of Service When an individual or business becomes a significant party to legal action that they did not initiate, that individual or business is supposed to be formally served w...
Accounting Contract
Use this accounting contract to retain the services of a professional accountant....
Activity Release of Liability
An activity release of liability releases a business or person from liability associated with risk from a particular activity....
Administrative Services Contract
Use this administrative services contract to hire administrative support professionals....
Affidavit of Birth
When to use Affidavit of Birth An affidavit of birth serves as a written and notarized statement under oath made in regards to your birth information or your child’s birth information. This document...
Affidavit of Consent
When to use Affidavit of Consent Depending on the laws of your state, an affidavit of consent may be required before you and your spouse can proceed with a mutual-consent or no-fault divorce. In other...
Affidavit of Correction
When to use Affidavit of Correction An affidavit of correction may allow you to correct a mistake that has been made on a form or other official record. Mistakes are commonplace and understandable. Bu...
Affidavit of Death
When to use Affidavit of Death Just as a birth certificate helps to legally prove that an individual has entered the world, a death certificate provides legal proof that someone has passed away. Howev...
Affidavit of Domicile
When to use Affidavit of Domicile When an individual passes away, the executor of that individual’s estate may need to provide various forms of legal documentation to any number of interested partie...
Recent
How to Form an LLC in California
If you are thinking about starting a new...
Examples of an LLC | LawTrades
It is not a secret that the limited liab...
What You Need to Know About EULA License Agreements
Not so long ago, most purchases were mad...
Does GDPR Affect US Businesses?
It isn’t often that a law passed overs...
Privacy Policy Best Practices
Whether you own a business, run a nonpro...
What are Terms and Conditions of a Contract?
Americans enter into contracts with surp...
How to Eliminate 90% of Your Regret and Anxiety by Thinking Like a Roman Emperor
Do you know what Steve Jobs, John D. Roc...
How Much Does a Patent Cost?
If you or your business has invented a n...
Provisional Patent Application Process
In order to obtain legal protection for ...
