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Riverside Court Attorney | Jeff Gwynn Law Firm | Inland Empire Lawyers | BK Attorney in Riverside CA - Gwynn Law Firm - Personal Injury, Bankruptcy, Business Contract Law, Trial Lawyer, Riverside Court House. Fontana, CA
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RIVERSIDE COURT ATTORNEY :: CORPORATE FORMATIONS AND TRANSACTIONS IN RIVERSIDE :: If you are operating your business as a sole proprietorship (with or without a fictitious business name) you should seriously consider operating as a corporation or limited liability company (LLC). This also goes for anyone who wants to start a business. (It’s often easier to incorporate at the beginning as opposed to transferring a sole proprietorship to a corporate entity later.) Nevertheless, both entities allow you to limit exposure from lawsuits.
An LLC is run by its Operating Agreement. There are numerous ways the Operating Agreement can provide protection to you from your heirs bad credit decisions (or your heirs from your bad credit decisions). For instance, the agreement may limit the admission of new members and can keep the manager(s) from admitting new members. It can also keep members from voluntarily transferring or encumbering all or any portion of their interests in the company. This with a right of first refusal will keep your heir from selling his membership interest to anyone but you. It also restricts the members right to receive profits, losses and distributions of money from the company. This and the right of first refusal gives you controlling interest in the company. Riverside Court Attorney - Lawyer - Gwynn Law Firm.
Lemon Law Automobile Lawyer - Riverside Court Attorney : California s Lemon Law protects consumers from all the headaches of purchasing a lemon. A vehicle purchase is often one of a consumer’s most expensive purchases. It is the state of California’s policy that the consumer should not have to bear the financial ruin from the purchase of a lemon. As such, the Lemon Law allows consumers the right to sue dealers and manufacturers of defective vehicles. If the dealer is unable to repair a vehicle under the warranty after a reasonable number of repair attempts the law requires that the consumer be made whole which could mean a new replacement vehicle, a full refund, or a partial refund of the money you have paid! Further, the law provides for reimbursement of license fees, tow fees, and other out-of-pocket repairs, interest on your loan, DMV fees, rental car fees, and attorney's fees.
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