No matter how sophisticated a Client may be, there is always a sense of concern and fear upon learning that litigation has been filed against them. Knowledge of a lawsuit comes when a Summons and Complaint are served. Irrespective of size, odds are that every business will someday be sued. Remember, if you are sued…
When providing tax and business advice to individuals and companies, an attorney must keep in mind many aspects of the law and goals of the business owner. Over the past several months, I have written several articles relating to the “protection” of individuals and corporations and avoiding “piercing of the corporate veil.” As the year-end…
Over the past several months in my articles, I have been stressing to business operators and owners the fact that in order to protect their assets from potential creditors or claims, it would be prudent to incorporate or form a limited liability company. As I have been informing you, a corporation will not only provide…
At the end of every year, there is a flurry of activity as individuals and companies seek to find last minute “tax write-offs” and to “protect their assets.” Unfortunately, while there are some very legitimate and proper ways to accomplish some last minute tax and asset protection, individuals and companies fail to use foresight and…
