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  • articleWhat Is an LLC Operating Agreement? And What Should You Include in One?

    …s legitimacy Prove the founding date 3. Purpose of your LLC This is the intention of your company. What does your business hope to accomplish? You'll answer this question…

  • articleWhat Is Probate Court?

    …taxes are handled properly, and ease your stress. Avoiding probate Due to much of what is explained above, many people seek ways to either avoid probate , or to minimize the…

  • articleWhat Is an Agent for Service of Process?

    …each additional state where your company is registered to do business. What does a registered agent for service of process do? The registered agent is responsible for accepting legal documents…

  • articleWhat Is the Corporate Income Tax?

    …Revenue is what the corporation earns for selling goods or providing services. Expenses are referred to as deductions . The corporation is allowed to deduct anything ordinary and necessary to conduct…

  • articleWhat Is a Certificate of Good Standing?

    …partners or clients may request this document since it proves that your company is legally authorized to conduct business in your state and fulfill its contractual obligations.  Renewing business licenses …

  • articleWhat Is a Domestic Limited Liability Company?

    …factors, such as what your business does and where it operates. If your business solely operates in one state, then the easiest option is to establish a domestic one. However…

  • articleWhat Is an S Corp Election?

    …A corporation using the Subchapter S method is commonly called an “S corporation," an “S corp," or a “Sub S corp." What is an S corp election…

  • articleWhat Is Variable Cost?

    …when revenues decrease. This article will help you understand exactly what variable costs are, how to calculate them, and why they matter to your business. What is a variable cost? …

  • articleWhat Is an Executor of Estate? A Legal Guide

    …helps ensure your wishes are fulfilled and that your estate is in safe hands.    Understand what an estate executor can and cannot do and how to pick the best person…

  • articleWhat Is a Living Will?

    …ensure that your doctors are aware of and respect those beliefs. What is the main drawback of a living will? Living wills can have oversights—it's impossible to foresee…