I have a small construction company where I am a 51% owner and my spouse is a 49% owner. We need to get a divorce, but my husband is not active in the company. Do I have to dissolve the company, and what are the implications given that the company was started during our marriage and there are no prenuptial agreements or disclaimers of marital interest?

February 16th, 2024

As a creditor of a small S corporation, I lent it $100,000. The company cannot repay me and is barely breaking even. The main asset is a piece of email marketing software. I am considering taking over the business name, customers, and assets, but I am concerned about unknown tax obligations and potential liability. What steps can I take to protect myself from any tax obligations the company may have, and how can I determine if there are such obligations? Additionally, since it's not year-end yet and the company has not filed taxes for this year, could I become liable for that as well? Am I at all liable since I am only taking over the assets and not the S corp itself? I am in the state of Michigan.

July 10th, 2023

Can a passport card be used as ID when flying to Hawaii domestically?

February 24th, 2023

What are the biggest mistakes people make when issuing a subpoena, and what are the most difficult records to obtain in a divorce case where one party is hiding assets? Specifically, is it easier to subpoena FedEx for purchase records or to get a summary from an online store, and what additional work records could be beneficial in proving income and assets?

July 25th, 2023

What happens to the trust money and other savings when a mother, who has sold her home and placed the money in an equal trust for her three children, enters a nursing home needing total care and utilizes Medicare?

September 21st, 2024