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Business formation March 21, 2024

How to Set up a Living Trust: A Quick & Easy Guide to Estate Planning

A well-thought-out estate plan ensures that your assets are distributed as you wish, protects your loved ones, and minimizes potential legal hassles in the event of your passing. Among the various options available for estate planning, a living trust is one of the most effective and flexible plans you can do.  What Is a Living […]

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Business formation March 20, 2024

All About Business Patents: How Long Does It Take to Get Approved?

Whether you’ve just created a groundbreaking technology, a unique product, or a revolutionary process, obtaining a patent is key to the success of your business. Not only will a patent protect your intellectual property, but it also ensures that your innovative ideas remain exclusive. However, the road to patent approval can be lengthy and complex, […]

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Business formation March 19, 2024

Do I Need a Business Bank Account For My LLC?

As an entrepreneur or small business owner, starting a limited liability company (LLC) is a significant step toward protecting your personal assets and reducing your liability. However, one important aspect often overlooked is setting up a business bank account for your LLC. Why a Business Bank Account for Your LLC Matters Legal Protection When you […]

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Business formation March 18, 2024

Starting An LLC in Nevada: Insights Beyond the Elon Musk Effect

Nevada is rapidly emerging as an excellent alternative to Delaware, the country’s incorporation capital.  Data from the Secretary of State’s office reveals that over 108,000 entities were registered in 2023 alone. While most of these new registrations are small businesses, most people attribute this exponential growth to TESLA CEO Elon Musk.  Musk made waves earlier […]

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Business formation March 11, 2024

Changing Your LLC to an S Corp: What You Must Know Before Doing So

Let’s assume you are a business owner operating as an LLC. If you consider changing your current business structure, transitioning to an S corporation (S corp) might be a viable and strategic move. The shift from an LLC to an S corp can provide numerous advantages, such as increased flexibility, simplified management, and potential tax […]

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