The Nelson Law Firm of Bluffton
A Limited Liability Company
Do I need a revocable trust?

Do I need a revocable trust?

Monday, January 23, 2017

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J. Aaron Nelson Jr.

RECENT Posts

  1. 03 Oct, 2017
    What is Trust Decanting?
    Technically speaking, decanting is the ability of a trustee to make a distribution from one trust to another trust - rather than to a beneficiary of the first trust.  It is quite a powerful concept because the second trust need not have identical terms as the first trust.  This allows the trustee to modify a trust that is otherwise irrevocable.
  2. LLC vs. S Corporation
    07 May, 2017
    LLC vs. S Corporation
    This post will describe some of the differences between limited liability companies ("LLCs") and subchapter S corporations.
  3. 12 Feb, 2017
    How long does the probate process take?
    The length of the probate process varies, but can often take longer than one year.
  4. Member-Managed LLC vs. Manager-Managed LLC
    10 Feb, 2017
    Member-Managed LLC vs. Manager-Managed LLC
    This post will summarize some of the main differences between a member-managed LLC and a manager-managed LLC, and outline some of the benefits of choosing one form over another.
  5. What is a Durable Power of Attorney?
    29 Jan, 2017
    What is a Durable Power of Attorney?
    A power of attorney is a document whereby one individual, referred to as a "principal," authorizes another individual, referred to as an "agent" or "attorney in fact," to act on behalf of the principal.