Articles Tagged as LLC

Who Should Hold Title to Your Lake Cabin?

Past articles have discussed the advantages of having your cabin in trust so that you avoid probate.  Other articles have talked about why you should hold title in a cabin trust if the cabin is shared by multiple families.  A more recent issue, however, is that many people now rent out the cabi... continue reading »

Buying a Business

What’s involved in buying a business? It may be as simple as purchasing a truck, inventory, and equipment or as much as purchasing all the shares of a corporation.

One way to proceed with the purchase of a business is to buy all the assets related to the operation of that business. This ... continue reading »

Business Succession

In our lakes area communities, there are many businesses that have been in business for 40, 50, 100 years or more. These ‘legacy businesses’ standout as a testament to the owners’ hard work, dedication, and planning. According to Inc.com, 96% of businesses fail within the first 10 years. So... continue reading »

The Benefits of Forming a Business Entity

The following article is on the importance of the protections of the corporate and limited liability company (LLC) statutes. Our law firm assists many area businesses with their entity formation and other business law concerns.

The first corporations in America were formed in the late 18th... continue reading »