Jan 27, 2023
Fraudulent Transfer, What is it?
A fraudulent transfer, or fraudulent conveyance, is a type of transaction where funds or assets are taken away from a person or entity with the intent to defraud, usually to...
Author: Larry Donahue
Larry Donahue is an attorney and founder of Law 4 Small Business, P.C. He is licensed to practice law in Illinois, New Mexico and the US Patent and Trademark Office.
Jan 18, 2023
It’s Important to Keep Your Operating Agreement Updated
What is an Operating Agreement? An Operating Agreement is a legal document that outlines the operating procedures of a limited liability company (or LLC). This document is a legal requirement...
Jan 11, 2023
What is a DBA and Sole Proprietorship? Should You Operate Your Business as One?
When starting a business, it is important to consider the legal structure of your venture. There are numerous options to choose from, but two popular choices are operating as a...
Jan 2, 2023
What is a Trade Name and Do I Need one?
Starting and running a business can be a complex endeavor. It’s important to consider whether you need to register a trade name or not, and it’s equally important to ensure...
Dec 28, 2022
Is Mickey Mouse in the Public Domain Now?
The copyright for the animated short film entitled “Steamboat Willie“, published 1928, is set to expire at the end of 2023. This film is the first of nearly 95 years...
Dec 27, 2022
10 Essential Items for a Template Contract
When running a business or entering into any kind of agreement with clients, it’s important to have a template contract that can be used as the basis for all negotiations,...
Dec 18, 2022
De Facto Partnerships are Dangerous
What is a De Facto Partnership? A de facto partnership, sometimes called an “Ad Hoc Partnership”, is an informal business arrangement between two or more parties. It is a spontaneous...
Dec 16, 2022
Privacy for Domain Names: Know the Dangers and Pitfalls
What is Privacy for Domain Names? Privacy for Domain Names is made available with what is called a “privacy screen,” which is a service offered by domain name registrars that...
Dec 15, 2022
Domestic Limited Liability: Everything You Need to Know
What is a Domestic Limited Liability Company? Domestic limited liability (also called a “Limited Liability Company” or “LLC”) is a type of business structure in which the owners of the...
Dec 11, 2022
OpenAI versus Lawyers
It’s December 2022: we’ve finished evaluating OpenAI, and we’ve come to the conclusion that AI is much further along than we’ve anticipated. When we compare OpenAI versus lawyers, lawyers have...
Nov 18, 2022
Non Citizens May Have Tax Concerns When It Comes to Anonymous LLCs.
We are US-based attorneys and can really only give advice about US-based law and taxes. If you are located outside the US, a lot depends on the country you are...
Nov 14, 2022
How Do I Stay Anonymous and Sign Contracts?
You went to all the trouble to form your company as an Anonymous LLC, but now you are concerned. How can you possibly remain anonymous and execute a contract? Remember...