Law Guide

The Law Guide contains articles written by attorneys that are easy to understand and answer frequently asked questions covering 100+ legal topics. Select a legal category below or use the search button to find a Law Guide article of interest to you.

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Michael Wechsler
4 min read
Views
5,032
What is a Registered Agent? A registered agent is a person or entity authorized to receive legal and official business documents on behalf of a corporation or business enterprise (the “principal”). Documents may include a copy of a summons and complaint for lawsuit that has been filed, a DMCA...
Michael Wechsler
Updated
4 min read
Views
4,689
Prior to filing and incorporating a nonprofit organization, it is important to review the Internal Revenue Service (IRS) requirements to ensure qualification for tax-exempt status under Internal Revenue Code (IRC) 501(c). Not doing so could result in a significant waste of time and money and...
Michael Wechsler
Updated
3 min read
Views
4,268
It is of critical importance to choose a strong Board of Directors for a new corporation. This article will explain the functions of the board and provide best practices on the selection process. This is the third article in the "How to Create a Nonprofit Organization / Corporation" and fourth...
Michael Wechsler
3 min read
Views
4,192
In this article we will cover the information you need to create and incorporate a for-profit corporation, including C-Corporations, S-Corporations, Limited Liability Companies (LLC) and more. The steps to create a for-profit corporation are listed at the end of this article. Incorporation...
Michael Wechsler
Updated
4 min read
Views
3,916
This article provides best practices on how to select a good company name when creating a new corporation. It is the third article in the "How to Create a Nonprofit Organization / Corporation" and fourth in the "How to Incorporate a Business (For-Profit)" series. Every for-profit corporation...
Michael Wechsler
Updated
4 min read
Views
2,981
What is a corporation and why do people choose to file them instead of a partnership or a simple sole proprietorship? This article will give you a basic primer on corporations and understand what they are, why they are desirable and what is required to incorporate your business. What is a...
Michael Wechsler
4 min read
Views
2,874
When an individual person owns and operates a business alone, that business is called a “Sole Proprietorship.” It is the easiest form of business to set up and, by far, the least costly and with virtually no legal formalities. Using Fictitious Business Names or Trade Names A sole proprietorship...
Michael Wechsler
4 min read
Views
2,297
A corporation is a body or group of people who come together to form a legal business entity. Once formed, a corporation is an entity of its own, set apart from the group of people that own it, manage it and control it. Corporations can be referred to as a legal “person or entity” that can be...
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