Business Structures

For legal information on specific topics relating to business structures and incorporation, use the search tool, the Topics A-Z list, or the navigation on the left of each page. Or just click below:

Corporations

Franchises

Limited Liability Companies

Limited Partnerships

Partnerships

Sole Proprietorships

Questions & Answers: Business Structures

Shari, Please clarify what you mean when you say the owner "left" the corporation's building to his children. Even though the corporation was dissolved it still continues to exist...

The building and the shares were given to the children the will. There are 17 years of back annual renewal fees that are delinquent and unpaid by the corporation. The will also s...

Shari, Strictly speaking, I don't see how the will could leave the building to the children. If I understand correctly, the father did not personally own the building in his own na...

There are 6 shareholders that are all related. Four of the shareholders are involved in the creation of the new LLC without the other 2 shareholders. No transfers of shares have...

If the president of a board says something to a child (member) in her vehicle on personal time. Then that child repeats it to another child (member) during company time is the boa...

My friend did a fundraiser for me about 3 months ago, she said that after all of the taxes came out, she would send my church the check for me. She said that I will receive $21,00....

The business entities commonly encountered in the United States are as follows: sole proprietorship, partnership, C Corporation, S Corporation and limited liability company. Each has its own unique advantages and disadvantages.