Articles

March 27, 2017

Last Will and Testament – Advantages

POUR OVER WILL A Last Will and Testament (“Will“) is one of the basic legal emergency documents needed by everyone eighteen years of age or over. It is an essential part of any estate plan.  Having a Will is part of being an adult.  It is often the source of […]
February 13, 2017
LLC Taxed as S Corporation

LLC Taxed as an S Corporation

An LLC taxed as an S corporation is a powerful tool for managing control, expenses, cash flow, taxes, operations, personnel, and business succession. Although by default an LLC is taxed as a partnesrhip, under “check-the-box” rules, an LLC can elect to be taxed as a corporation (C or S) using […]
January 26, 2017

Family Councils: The Prosperity Key

The Durfee Family Council in this sketch could have been based on actual Family Councils my family has held.  Its charts, tripods, business agenda, candid performance reviews, bad news delivery, weird humor, conflict resolution, and parental double teaming are very familiar to my children.  It is no accident that it is about a […]
November 21, 2016

Statutory Agent or Registered Agent Options

Statutory Agent A “statutory agent” or “registered agent” is an agent located within the state to receive service of process and notice or demand required or permitted by law on behalf of a company or entity. It is the law in all states that every business entity must designate a […]