Dear Elder Law, Medicaid & Disability Forum,
I am currently receiving Medicaid, Medicare, and Social Security Disability Insurance. I want to purchase a rental property and put it into a supplemental needs trust so that I will not lose my benefits. The rental property cash flow would be...
Dear adjusterjack,
Thank you for your explanation. I think I understand now. My relative who is my father is operating by default as a sole proprietorship. I did not know that you do not need to form a legal entity to have a business. The issue still remains that my dad still should be...
Dear d1amund,
I am concerned because a family member has done what I have described. I thought that in order to get a business credit card you would have to have a legal business. When I say legal business I mean a business that has a legal entity.
Sincerely,
Lion Heart 550
Dear Forum,
So anyone can legally say they have a business even if the business does not have a business license, permit or legal entity.
Sincerely,
Lion Heart 550