Advised to Reorganize my Small Business?
<a href="http://www.fitzfp-llc.com"> I've been advise to reorganize my small-business as a limited liabilty company (LLC) to purchase insultation against personal liability, if someone sues the business. Will this complcate my taxes <<<=== has anyone ever done this up to that time? Has anyone ever heard of Michael J. Fitzgerald, CPA/PFS, CFP, MST his website looks interesting.Answers: The best site I am aware of is http://www.legalzoom.com they hold free support and will save you alot of money if you move about llc. Its always smart to rum a business from a LLC formation . Good Luck
Is it true that you can't qualify for medicaid if you hold $5,000 within the edge or retirement plans?
even if you definitely qualify near income requirements?Answers: That's true. Income is only partially of the equation in figure eligibility. The reason self is that a savings account/IRA are considered soft assets and medicaid is designed to help those near limited assets. Generally, the asset define is $2000 for an individual. Usually a house and 1 car is not counted toward asset level, however.
If it gets to the point that you hold used these assets though, make sure you can prove how you spent them within order to re-qualify for assistance. You may not "gift" assets contained by order to qualify for aid.
Yes, i.e. accurate. I found out when I tried to help my mother out earlier she qualified for Medicare. Doesn't seem right. You may qualify for other vigour coverage through your state. Check their website.
If a legal document requires a witness signature and there is no signature is document still legal ? Bill?
Answers: No it wont be legal, witness signatures are essential.
Depends on what the document is.
Since your on an insurance web site -- are you asking about a final release? If so, yes - the release is legal - even if it has a blank for a witness and a witness did not sign. If you signed a final release - your claim is over.