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The Limited Liability Company (“LLC”) certainly has become a popular form of business entity.
If there is only one member (owner) then setting up these entities has become a breeze.
Just go online, fill out some forms, pay the registration fee and presto, you’re in business.
Just because it’s easy, doesn’t mean you should do it this way.
Hurricane Sandy has left her mark. This included power outages, significant property damage and, sadly loss of life.
Please review 6 Easy Steps to Open an Estate in Connecticut.
Unless the will specifically indicates a bond is not required, the executor will need to get a Probate Bond. The coverage and insurance premium will be based on the expected size of the estate. The executor may have to front the money to get the bond as the estate checking … Continue reading »
A decedent will list their executor (or executrix) in their will. If the decedent did not name one or did not have a will, the court will appoint someone to manage the affairs of the estate.
This person will be known as an administrator or adminstratrix. The appointment will allow you to manage … Continue reading »
Financial Assets that are subject to this form are: A Financial Account maintained by a foreign institution and the following assets not held in an account with a foreign institution:
* Stock or security issued by a foreign person
* Financial instrument where the issuer is not a U.S. Person
* And any interest in a foreign … Continue reading »