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Benefit Corporation
A Benefit Corporation Overview Benefit corporations, also known as ‘B corps’ use the power of commerce to promote either specific public or general interest purposes as well as profits. General benefits and interest of the public are described as having a positive impact on the environment and society which is reviewed and evaluated against a… Read More
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Nevada Spendthrift Trust
NEVADA SPENDTHRIFT TRUST – how to safeguard your property For all of you who are oblivious to the term ‘Spendthrift Trust’, it is a trust made by the grantor (one who transfers property to the trust) at a time when he wants to transfer that property to the beneficiary (grantor’s son, grandson, etc.) but doesn’t… Read More
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What Is Nexxus and Why Do I Need It for My Corporation?
Every legal entity has need of an established Nexus (Nevada Office) somewhere or it becomes virtual and is not real, has no real jurisdiction or protection of owners, or in the absence of owners it defaults to who ordered the company with no protection. Therefore, you, or whoever orders the LLC or Corporation will spend money… Read More
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Spend Thrift Trust – Your Way to Protect Your Assets
Do you want to pass some of your assets to your heirs? Then, you should know how to protect your assets even if you opt to give them to your children or grandchildren. For an effective asset protection, you need to create a spendthrift trust. Maybe you will asked, what is this trust and how… Read More
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Are Corporations Complicated?
I’ve heard Corporations are complicated to operate. How difficult is it? If you’re already operating your business as a sole proprietor, your daily activities will hardly change at all. What changes is your frame of mind and how you think for the business. Since the Corporation is a separate legal entity, the business decisions… Read More
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Basic Business Structures
Learn More About Legal Structures of a Business Sole Proprietor A sole proprietorship is considered the simplest form of doing business. In most cases, you simply obtain your business license and you are in business. Income is taxed at your individual level. Sole proprietors are also subject to a 15.3% self-employment tax on all income… Read More