by Leslie Marenco | Aug 14, 2014 | Articles, Business/ Corporate Law, Trusts
The concept of a trust is difficult for many people to grasp because a trust is a concept, and therefore is an intangible. Another intangible, but one that is more familiar, and therefore seems easier to understand, is a corporation. A quick look at the two concepts,...
by Leslie Marenco | Aug 11, 2014 | Articles, Business/ Corporate Law, Intellectual Property
We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement (that would be an operating agreement for an LLC or a shareholder’s agreement for a...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business/ Corporate Law, Case Law
We attorneys LOVE LLCs and advised many of our clients to create LLCs to protect their assets inside the LLC from lawsuits by creditors against our clients individually. Prior to 2010 it was generally understood that if an LLC member was sued by an outside creditor...
by Leslie Marenco | May 5, 2014 | Articles, Asset Protection, Business/ Corporate Law
I was about to write “…one of the primary advantages of incorporating your business is that business owners are not held personally liable for the debts or liabilities of the entity” when I stopped myself. Let’s be real; the whole freaking purpose of setting up a...
by Leslie Marenco | May 1, 2014 | Articles, Asset Protection, Business/ Corporate Law
Recently, a woman came into my office concerned and confused because she was served with a Complaint regarding the assets of a business she had purchased over a year ago. The Plaintiff was claiming that she had conspired with what appeared to be at the time the...
