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PARKER LAW OFFICES BLOG

DIVORCE FROM BED AND BOARD

Types of Divorce in North Carolina: North Carolina recognizes two forms of divorce: (1) Absolute Divorce and (2) Divorce from Bed and Board. An absolute divorce functions to terminate the marriage so that the parties are no longer legally married. To obtain an absolute divorce the parties must have lived separate and apart for at

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 kept

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 to

Why single member LLC needs an operating agreement

The first question you may be asking is: What is an operating agreement? It is the agreement between the members of an LLC that governs how the business is governed, and it lays out the rights of responsibilities of the member’s for managing the company and the members financial rights and duties. A lot of