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 […]

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Feb, 12, 2018

Adding Spouses to the Deed of a Bequeathed Property

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 […]

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 […]

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 […]

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 […]

There are several important clauses that an LLC Operating Agreement needs. If you are considering having an operating agreement created for your LLC, be sure to consider these clauses and discuss them with your attorney: Equity structure – how much each partner is putting into the new business, and what their economic and management interest […]

Birth Injuries and Your Legal Rights

Having a birth injury occur during you or your loved one’s hospital birth can be a stressful and confusing experience. However, as I state on MarcianoLegal.com under particular circumstances, some birth tragedies are preventable and you have a legal right to pursue action if you feel that another party was at fault regarding the injury. […]