| | | Sole Proprietor : A sole proprietor is an unincorporated business that is owned by only one individual. You may do business under your name or a trademarked name. You may hire any number of employees or contractors. | | Partnership : A business entity owned by more than one person. Each partner shares in the income and losses of the business entity. A return must be filed for this business entity, but it does not pay income tax. The partners include their share of the business tax burdens on their own personal income tax forms. | | Corporation : A corporation is chartered by the state and given certain rights and privileges as a separate entity from its owners. |
| | | | | Limited Liability Company (LLC) : An LLC relatively new business structure that is governed under individual state business laws. LLCs can be owned by a single person, other LLC, or a group of people called members. Providing the best of both worlds, and LLC combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. |
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| | | Living Will : Many do not see the importance of a living will, but it will make life less complicated for your loved ones in the event that you are kept alive by a ventilator. With a living will, you can indicate the types of medical treatment you prefer to have such as tube feeding or mechanical respiration. Learn More About A Living Will | | Trademark : Registering a trademark will ensure that you are permitted to commence legal proceedings against someone who uses a name or idea that you have claimed first. Common law trademarks are only enforced within a specific geographical jurisdiction. Learn More About Trademarks | | Divorce : Divorce or dissolution of marriage is the ending declaration to an agreement of two people to live as a married couple. A court of law must approve of the how a divorce proceeds, which also takes into account precursor documents, such as prenuptial agreements. |
| | | | | Prenuptial Agreement (or prenup) : A prenuptial agreement (or prenup) is a legal binding contract between two parties before entering into a marriage or civil union. Most prenups include explainations on how to divide property and provisions for spousal support. The contents vary and the legalities of prenuptial agreements vary between the states where the union was formed. Learn More About Prenups |
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| | | Timesquare's Nake Cowboy Sues Mars For Tradement Infringement : The legendary Naked Cowboy who parades around New York's Timesquare in a pair of tidy whities and a cowboy hat is suing Mars for trademark infringement after displaying an MM in his likeness on a billboard advertisement. [More Details] | | Key teen witness in polygamist sect case denies Texas' claims : The girl, a daughter of the sect's jailed prophet, says she's never been married and doesn't have a baby. She denies church elders are influencing her and wants to fire her lawyer. The state can't even prove her alleged abuse happened in Texas. [Link] | | A Supreme Mess of Impracticalities : Specifically, in Boumediene v. Bush, No 06-1195, and Al Odah v. United States, No. 06-1196, five justices ruled that the detainees held at Guantanamo have the constitutional right to challenge their detention in our courts. [Link] |
| | | | | 1960s Maternity Leave Payouts : The Supreme Court decided to review a case that will determine if unpaid maternity leave dating back to the 1960s can be factored into payouts for pension programs. [More Details] |
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