Who should I choose as my attorney-in-fact? Most people choose a competent family member or close friend, but depending on the complexity of your finances you might ask your lawyer, business partner, or banker to serve as attorney-in-fact. If you really know and trust the person, it's most likely a good option. By Sandra McCarthy|February 26th, 2021|Financial POA FAQs, LLC FAQs|0 Comments Read More
What is included in A People’s Choice’s Flat Fees? Our flat fees cover all document preparation as specifically outlined in our Contract For Services. Our flat fees always include a courtesy allocated amount of communication via email. This allocation should adequately cover most client's email needs. Our business strategy in offering competitive pricing is based on our volume of document preparation. We understand that clients [...] By Sandra McCarthy|December 28th, 2014|LLC FAQs, Estate Planning FAQs, General FAQs|Comments Off on What is included in A People’s Choice’s Flat Fees? Read More
Can I put down my home address for the business? Yes. The business address must be within the state in which you are incorporating. If you are using the registered agent's address, that will be the address for the business place. By Sandra McCarthy|April 28th, 2014|LLC FAQs, Corporation Column 2, Corporation FAQs|Comments Off on Can I put down my home address for the business? Read More
Do I need to use Incorporation, Co. or Company after the name I have chosen? Yes. The Secretary of State requires that you use one of the above so that your customers know they are dealing with a Corporation. We will check the name that you are requesting to see if it is available. If the name is not available, we will contact you about your alternatives. By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|Comments Off on Do I need to use Incorporation, Co. or Company after the name I have chosen? Read More
Do I need to publish a notice of incorporation? While a few jurisdictions require publication of the corporate name to be published in a newspaper local to the county of the registered agent (Georgia, Arizona, Illinois, and Pennsylvania), most jurisdictions do not require publication unless an existing unincorporated business intends to incorporate without a change in its name; that business must then publish its [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|0 Comments Read More
Can the same person be the shareholder, director and all officers of a corporation? While jurisdictions will vary in their requirements, most states require that there be at least one director and two officers, in a general, for-profit corporation. The required officers are president and secretary. Most states allow one natural person to hold both offices and be the sole director of the corporation. Usually, that one person may [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|0 Comments Read More
Can I protect a trade name nationwide? There is no national registration of trade names. Generally, businesses, including corporations, protect their trade names by registering their trade name as a service mark or trademark, if the trade name also functions as a service mark or trademark. Because of the legal complexities involved, we recommend that businesses obtain private counsel to get advice [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|0 Comments Read More
If I incorporate, will doing so prevent others from using my company name? Incorporating will not keep another business from using your name. Generally, every business must protect its own business name and the good will that it has acquired from the sale of its goods or services in a specific geographic area. Filing articles of incorporation only prevents the secretary of state from filing a document to [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|0 Comments Read More
Do I need to file a DBA (‘Doing Business As’)? Individuals and unincorporated entities that regularly conduct business using an assumed name (often called a DBA ) must file an assumed name certificate with the county clerk in each county in which business premises are maintained. If corporations, limited liability companies or limited partnerships (entities created by filing with the secretary of state) do business [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, LLC FAQs, Corporation FAQs|0 Comments Read More
What is par value? A business corporation must sell shares of stock in order to capitalize the corporation, that is, provide the corporation with its own capital, separate from the money of its owners. This separation provides part of the support for shielding the shareholders from personal liability for the debts and obligations of the corporation. Shares of stock [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More