by eespin | Family Law
A legal separation involves a formal decision by the married couple to live separate lives. Most states require the couple to file a request in family court. There are many reasons a couple would choose a legal separation. Sometimes it is required by the court before...
by eespin | Family Law
Divorce is a legal process that requires a legal reason and court judgment to end the marriage. However, some rules and paperwork may vary from state to state. For instance, a few states require a married couple to live apart and separate before filing for divorce....
by eespin | Family Law
The main difference between a prenuptial agreement and a postnuptial agreement is the timing of when they are made. A prenuptial agreement is made before a couple gets married, while a postnuptial agreement is made after a couple is already married. Prenuptial...
by eespin | Family Law
There are many different forms of marital agreements (besides a legally-binding marriage) from common law marriage to civil unions and domestic partnerships. Common Law Marriage Common law marriage, a.k.a. informal marriage or “marriage by habit and repute,” is...
by eespin | Family Law
Marriage is a legally-binding relationship between two people. In the US, this means the couple now have a number of legal responsibilities and rights, including: Inheriting property from each other Making medical and financial decisions for each other Ability to open...
by eespin | Family Law
According to the Cornell’s Law School Legal Information Institute: “Family law, also referred to as domestic relations in many states, is the broad body of law that covers marriage, divorce, child custody, adoption, domestic violence, reproductive rights,...
by eespin | Business Law
Every business entity available was designed to provide advantages to certain types of owners and business models. LLCs and LLPs have similarities that can make it confusing to know which is best to choose. Here are five differences between the two that can help...
by eespin | Business Law
According to Forbes.com, in some states, licensed professionals cannot form C-corporations. LLPs give these professionals the ability to build a business with partners and investors while limiting their risk. The process for forming an LLP varies from state to state....
by eespin | Business Law
When two or more people decide to build a business together, one of the business structures they can elect is a Limited Liability Partnership (LLP). An alternative to forming an LLC or a C-Corpporation, the LLP allows partners to invest while limiting each partner’s...
by eespin | Business Law
With the popularity of LLCs as a business entity, growing from 17,000 in 1993 to over 2.5 million in 2015, you might think there were no disadvantages. However, there are a few to consider when choosing a business entity for your company. Changes In Ownership In some...