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INCOME TAX LAW: A Share Purchase vs. an Asset Purchase of an Incorporated Business

This article is attempting to illustrate the type of reasoning necessary in order to decide if an asset purchase or share purchase of an incorporated business...

INCOME TAX LAW: General Anti-Avoidance Rule

The GAAR:  Overriding, Overarching or Just Over?In most legal structures, rules and regulations tend to expressly or implicitly instruct or guide a person or any other...

Appointing a legal guardian for the mentally incapable.

To become a court appointed guardian of property; there are two procedures: the “standard procedure” and the “summary disposition procedure”. The second procedure needs two assessments...

PARTNERSHIPS: Limited Partnerships (LP) vs. Limited Liability Partnerships (LLP)

Limited partnerships are formed to carry on any business that a general partnership can also do. Its principal feature is that the liability of each limited...

PARTNERSHIPS: The essentials on a General Partnership.

As partnerships are normally comprised of more than one decision-maker, rules to provide a framework for the relationship between the partners carrying on business together, and...

FAMILY LAW: From case conference to motions to settlement conference to trial management conference to trial and finally to appeal!

After a case conference, a litigant usually seeks an order on motion, which requires two documents: a notice of motion and an affidavit.  The affidavit is...

REAL ESTATE: Depending on the age and type of property, the following off title searches may be necessary!

Occupancy permits: For a newly built or renovated dwelling or an extension or addition thereto, it is necessary to find out whether or not the local...

REAL ESTATE: The necessary off title searches when buying a property!

There are other searches besides a title search, that are necessary to assure title and enhance the marketability of a property. The purpose of these searches...

FRANCHISING vs. LICENSING and CHARITIES vs. NON-PROFIT ORGANIZATIONS

The Franchise Relationship & LicensingTransferring from one person to another, information or industrial or intellectual property rights to enable the transferee to engage in a commercial activity...

BUSINESS: Sole Proprietorships, Partnerships, Limited Partnerships, Limited Liability Partnerships, Corporations & Joint Ventures

The most basic form of business organization, used in a wide variety of circumstances, is called a sole proprietorship. Such organizations are relatively inexpensive to set...