LLC Formation: Which State Is Best?

By WealthCounsel Staff on Feb 25, 2022 10:00:00 AM

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When your client starts a limited liability company (LLC), they are not confined to forming it in their home state. Because all fifty states allow “foreign LLCs” to operate within their borders, your client can shop around for the state with the most advantageous rules. Your client can then operate the LLC under the law of the state where it was formed. Keep reading to discover the best states to form an LLC.

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5 Typos that Could Affect Client Trust

By WealthCounsel Staff on Feb 18, 2022 10:00:00 AM

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Mistakes happen in all forms of writing, including the drafting of estate planning documents. Even a small typographical error can have big consequences for you and your clients. If these errors are not rectified before the documents are signed, they can hurt your credibility with clients or worse—lead to malpractice claims. 

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Current Developments in Estate Planning and Business Law: February 2022

By WealthCounsel Staff on Feb 11, 2022 10:00:00 AM

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From new Internal Revenue Service (IRS) life expectancy tables for required minimum distributions to lowered reporting thresholds for third-party payment networks, we have recently seen significant developments in estate planning and business law. To ensure that you stay abreast of these legal changes, we have highlighted some noteworthy developments and analyzed how they may impact your estate planning and business law practice.

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