Business Lawyers

Making changes to certain aspects of a North Carolina LLC is usually not very difficult, particularly if the LLC is recently formed. For example, if the desired changes are related to the LLC's Articles of Incorporation, filing amended Articles will likely be sufficient. Similarly, if the desired changes are related to the LLC's Operating Agreement, signing an amended Agreement will likely be the key. The processes for making other types of changes will vary based on the specific facts. When making changes to any aspect of a North Carolina LLC, it is important to comply with the LLC's operating agreement, the LLC statute, and other applicable laws. For legal advice on making changes to your North Carolina LLC, you should consider consulting with a knowledgeable business or corporate attorney. Good luck!

Yes, if the seller is in breach of the contract by delaying either because there was a deadline or the delays are unreasonable, you can cancel the contract.

You can structure the trust in several ways. It depends on exactly what your goals are, if you are looking for asset protection or another goal, tax goals, etc. Would need to speak with you to get some more information to help advise you on the best route to take to achieve your goals.

Please see article that I wrote on this subject. Unveiling the Myth of Demand Letters: Why They Are not the Silver Bullet You Think They Are Unveiling the Myth of Demand Letters: Why They Are not the Silver Bullet You Think They Are The world of contracts and payments is often a murky one, with defaults and delays being unfortunately common. For professionals seeking their rightful payments, demand letters are often presented as the magic wand that will resolve all disputes. However, in real-world scenarios, the effectiveness of demand letters is debatable. Let’s dissect this widely accepted norm and reveal why demand letters might not be the solution they are often made out to be. The Proclaimed Power of Demand Letters: More Illusion than Reality? Demand letters are typically portrayed as the first and most potent step in the payment recovery process. After all, they do convey your seriousness about the issue at hand. Furthermore, their legal format can give them an intimidating aura, making the other party think twice about withholding payment. But while these reasons may seem compelling, they often fail to convert into the desired action, i.e., the release of your due payment. The bitter truth is that if an individual or business was going to comply with the terms of a contract or make a payment, they likely would have done so without the need for a demand letter. It is not uncommon for the receiving party to view the demand letter as another stall tactic, giving them additional time to avoid paying without any real consequence. Why Demand Letters Miss Their Mark In theory, a demand letter can lay down a solid foundation for your case if you have to resort to litigation. But again, the question is, would you need to go to court if the demand letter was as effective as it is made out to be? At its core, a demand letter is a tool designed to inspire fear of legal repercussions. However, more often than not, it simply does not wield enough influence or power to elicit the desired response from the recipient. Many times, it merely serves as a reminder of an existing obligation, not a compelling reason to fulfill it. The Better Alternative: An Educated Business Decision A more effective and practical approach could be to shift the focus from using demand letters to make an educated business decision. This involves analyzing the unique aspects of your situation, such as the size of the debt, the debtor’s ability to pay, and the cost and time required for a lawsuit. By taking into consideration all relevant factors, you can devise a strategy that is likely to get you your money without wasting excessive time, effort, or resources. Often, this approach might include exploring alternative dispute resolution methods or even pursuing litigation if that seems the most practical way forward. Summing It Up Demand letters have proven to be far less effective than often perceived. Their inherent limitations and the attitude of the recipients often make them inadequate to coerce an owner into making due payments. They are often ignored or yield ineffective responses if any at all. Instead of relying on demand letters, it is more productive to make a well-informed business decision about how best to recover your due payment. Consider all your options, weigh their pros and cons, and then make a decision that is likely to bring you the results you desire. After all, in business, actions that bring you closer to your goals are the ones that truly matter.

Hello, Based on the limited information, it would likely cost $750. This would include one telephone call, a letter, and one reasonable revision. Anything beyond that would be charged at the normal hourly rate of $200/hr.