Davis Law Group, P.C.

LLC Operating Agreement: Is a Non-Compete Clause Necessary?

You and several friends start a new business and decide to operate it as a limited liability company (LLC).

Now that you’ve completed the first step—choosing a business entity—it is now important to prepare an operating agreement. The operating agreement is a contract which governs the operations of the LLC and sets forth the arrangements made...

February 4, 2021

Douglas Davis

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Business, Business Planning, Business Succession, Davis Law Group

757, agreement, attorney, business, business law, Chesapeake, coastal virginia, competition, contract, corporate attorney, corporate law, Davis Law Group, greenbrier, Hampton Roads, hrva, lawyer, legal, llc, nc, nca, non compete, non compete agreement, Norfolk, northeastern North Carolina, operating agreement, Portsmouth, southeastern virginia, Suffolk, Tidewater, va, Virginia, Virginia Beach

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A Brief Explanation of Limited Liability Companies

1. What is a Limited Liability Company? A limited liability company or “LLC” is a business entity that is designed to offer co-owners of a business who make a proper filing with the state, freedom from personal liability for the debts of the business, the debts of each partner, the option to manage the business...

November 11, 2014

Douglas Davis

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Business, Business Planning, Business Succession, Davis Law Group

administrator, agreement, attorney, business, business planning, Business Succession, Buy-sell, Chesapeake, Davis Law Group, Hampton, Hampton Roads, Norfolk, North Carolina, Portsmouth, Suffolk, taxes, Virginia, Virginia Beach

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2465

Your Durable Power of Attorney

An important part of any thorough estate plan is the preparation of a Durable Power of Attorney. This document allows someone you designate to represent you and act on your behalf to deal with financial matters, including banking, investment, real estate, gifting and other financial transactions. It is important to have a Durable Power of Attorney...

April 4, 2014

Douglas Davis

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Davis Law Group, Estate Planning & Administration, Family law

agreement, attorney, Chesapeake, Davis Law Group, estate, estate plan, estate planning, Hampton, Hampton Roads, HIPAA, living will, medical directive, Newport News, Norfolk, North Carolina, Outer Banks, Portsmouth, power of attorney, revocable living trust, Suffolk, Tidewater, transfer, trust, Virginia, Virginia Beach, will

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1432

Revocable Living Trust Funding and Estate Administration – Common Problems

If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy, simple and fast. This may be true so long as your Trust was properly funded and up to date with current...

February 14, 2014

Davis Law Group

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Business Planning, Business Succession, Davis Law Group, Estate Planning & Administration

administrator, agreement, attorney, business planning, Business Succession, Chesapeake, Davis Law Group, death, estate, estate plan, estate planning, executor, Hampton, Hampton Roads, HIPAA, intestacy, intestate, lifetime credit, living will, medical directive, Newport News, Norfolk, North Carolina, Outer Banks, Portsmouth, power of attorney, revocable living trust, Suffolk, tax, taxes, Tidewater, trust, Virginia, Virginia Beach, will

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Tag Archives: agreement

LLC Operating Agreement: Is a Non-Compete Clause Necessary?

You and several friends start a new business and decide to operate it as a limited liability company (LLC).

A Brief Explanation of Limited Liability Companies

Your Durable Power of Attorney

Revocable Living Trust Funding and Estate Administration – Common Problems

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