Parker Law Offices Blog

Ancillary Administration – Probate when there is out-of-state property involved.

Ancillary Administration – Probate when there is out-of-state property involved.

When someone who is living in North Carolina dies (the decedent), her estate must be probated in North Carolina in the county where she lived. Frequently, the decedent owned property located outside of North Carolina. For example; she may have retired to North Carolina but kept her savings account in a Pennsylvania bank or keptRead more about Ancillary Administration – Probate when there is out-of-state property involved.[…]

Why Your Multi-Member LLC Needs An Operating Agreement?

Why Your Multi-Member LLC Needs An Operating Agreement?

Firstly, recall that an operating agreement is the document that describes how your business will be governed. It lays out the rights of responsibilities of the member’s for managing the company and the member’s financial rights and duties. The first point to consider is that without an operating agreement your business will be subject toRead more about Why Your Multi-Member LLC Needs An Operating Agreement?[…]