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A Brief Explanation of Limited Liability Companies

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...
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Business, Business Planning, Business Succession, Davis Law Group
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Your Durable Power of Attorney

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...
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Davis Law Group, Estate Planning & Administration, Family law
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Revocable Living Trust Funding and Estate Administration – Common Problems

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...
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Business Planning, Business Succession, Davis Law Group, Estate Planning & Administration
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Would You Sell Your Company for $2.3 Billion?

Would You Sell Your Company for $2.3 Billion?
If you are Men’s Wearhouse, Inc, the answer is a big fat NO!  Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out.  Men’s Wearhouse quickly responded with a resounding rejection.  Check out this article from Reuters.com entitled “Jos. A....
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Business, Business Planning, Business Succession, Contract, Davis Law Group
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