Problem Resolution Within an LLC

Partners at the head of an LLC won’t always agree on the best way to run the business. The best solution for a situation where partners can’t come to a compromise is to have a well drafted LLC operating agreement in place from the start. Drafting an agreement with clauses that instruct the partners how […]

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Posted in Business Formation Attorney Baltimore Maryland, Business Formation Attorney Bethesda Maryland, Business Formation Attorney Howard County Maryland, Business Formation Attorney Maryland, Business Formation Attorney Silver Spring Maryland, Business Formation Attorney Towson Maryland, Business Formation Attorney Wheaton Maryland, Business Law Attorney Maryland, Business Law Baltimore, Business Law Maryland, Business Law Maryland Business Formation, Business Law Maryland LLC, LLC Attorney Maryland
Mar, 07, 2018
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Recorded Deed Notice Letters

Beware of solicitation letters titled “Recorded Deed Notice” attempting to provide you with a copy of your deed and property assessment profile for a fee. These letters are scams. Your attorney will provide you with an e-copy of your deed at the end of the deed preparation process. Companies send these to everyone who had […]

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Posted in Deed Filing Baltimore Maryland, Deed Filing Frederick County Maryland, Property Deed Baltimore County Maryland, Property Deed Charles County Maryland, Property Deed Maryland, Property Deed Somerset County Maryland, Property Law Baltimore, Property Law Maryland, Property Law Talbot County Maryland, Property Title Company Anne Arundel Maryland, Property Title Service Company Caroline County Maryland, Property Title Service Company Dorchester Maryland, Property Title Service Company Maryland, Real Estate Attorney Queen Anne's County Maryland, Real Estate Law Maryland, Real Estate Law Montgomery County Maryland
Feb, 26, 2018
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Business Name vs. Trade Name

A business name is the official, legal name of the business entity, be it a partnership, LLC, or Corporation. You use your business name on government forms and applications. Limited partnerships, LLCs, and corporations establish their legal names when registering the business structure. The legal name is part of your articles of incorporation. Sometimes, a […]

The deceased bequeaths house to family member in their will. The family member wants to add their spouse to the deed as Tenant by Entireties (T by E). The best way to handle this situation is to draft and file separate deeds, showing the clear chain of title. The reason for this is that there […]

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Posted in Deed Filing Baltimore Maryland, Deed Filing Maryland, Estate Administration Attorney Maryland, Estate Administration Baltimore County Maryland, Estate Administration Baltimore Maryland, Estate Administration Maryland, Estate Planning Maryland, Probate Attorney Baltimore Maryland, Probate Attorney Maryland, Probate Law Baltimore Maryland, Probate Law Maryland, Probate Lawyer Baltimore, Probate Lawyer Maryland, Probate Prince George's Maryland, Property Deed Baltimore Maryland, Property Deed Maryland, Property Law Baltimore, Property Law Howard County Maryland, Property Law Maryland, Property Title Service Company Maryland, Real Estate Law Maryland, Real Estate Lawyer Maryland
Jan, 15, 2018
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Removing an LLC Member

The easiest way change the LLC structure is to have the leaving members consent to terminate their status as members, then amend or draft a new LLC Operating Agreement deleting their names. You should review the filings with the secretary of state to make sure none of the removed partners signed any. If they did, […]

There are three major types of concurrent ownership in Maryland that can be written into a deed: Tenants in Common each own a share of the property as an individual with no right of survivorship. Therefore, if one co-tenant dies, his interest passes to his own heirs, not the other co-tenants. In this type of […]

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Posted in Deed Filing Allegany County Maryland, Deed Filing Anne Arundel County Maryland, Deed Filing Baltimore Maryland, Deed Filing Caroline County Maryland, Deed Filing Carroll County, Deed Filing Carroll County Maryland, Deed Filing Cecil County Maryland, Deed Filing Frederick County Maryland, Deed Filing Harford County Maryland, Deed Filing Howard County Maryland, Deed Filing Kent County Maryland, Deed Filing Maryland, Deed Filing Montgomery County Maryland, Deed Filing Ocean City Maryland, Deed Filing Talbot County Maryland, Deed Filing Wicomico Maryland, Property Deed Maryland, Property Law Baltimore, Property Law Maryland, Property Title Service Company Baltimore Maryland, Property Title Service Company Maryland, Real Estate Law Maryland, Real Estate Lawyer Baltimore Maryland, Real Estate Lawyer Maryland
Nov, 27, 2017
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Questions to Consider When Writing an LLC Operating Agreement

Here are some questions to consider before starting your LLC and forming your Operating Agreement. Start Up: How much money is each member contributing to starting the business? Will someone contribute more? What if you need more money? Will you open the doors to outside investment? Will the members contribute more money? What is each […]

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Posted in Attorney Maryland, Business Formation Attorney Baltimore Maryland, Business Formation Attorney Bethesda Maryland, Business Formation Attorney Columbia Maryland, Business Formation Attorney Dundalk Maryland, Business Formation Attorney Ellicott City, Business Formation Attorney Frederick Maryland, Business Formation Attorney Germantown Maryland, Business Formation Attorney Glen Burnie Maryland, Business Formation Attorney Howard County Maryland, Business Formation Attorney Maryland, Business Formation Attorney Rockville Maryland, Business Formation Attorney Silver Spring Maryland, Business Formation Attorney Towson Maryland, Business Formation Attorney Waldorf Maryland, Business Formation Attorney Wheaton Maryland, Business Law Attorney Maryland, Business Law Baltimore, Business Law Maryland, Business Law Maryland Business Formation, Business Law Maryland C Corp, Business Law Maryland LLC, Business Law Maryland S Corp, LLC Attorney Maryland
Nov, 21, 2017
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How Do I Form an LLC in Maryland?

To form an LLC in Maryland your attorney should first file Articles of Organization and a $120 filing fee by mail, or on-line, with the Maryland Department of Assessments and Taxation. The Articles of Organization must include the following information: 1) LLC name and address; 2) Purpose of LLC; 3) Registered agent’s name, address and […]

An LLC, which stands for Limited Liability Company, is a type of business entity that offers limited liability protection for its ownership and management. They are a type of business entity designed by the states to combine the limited liability protection offered by a corporation, with the “pass-through” single tax status offered by a partnership. […]

Although S Corporations and LLCs share similar characteristics – both provided limited liability protection to ownership and management, and both are taxed by the “pass through” system like partnerships –LLCs are more flexible and have fewer restrictions than S Corps. The first major difference is that an S Corporation’s size and ownership composition are limited […]