How Do I Write Corporate Minutes?
Video Summary
How do I write corporate minutes? Well, corporate minutes usually consist of shareholder minutes and also director’s minutes. And so what you need to do is write down the date and time and place that the meeting took place and who was in attendance. The bylaws of a corporation will set forth the notices that need to be sent out, which can be waived. And so if you have all of the shareholders in attendance, then you can simply have them sign a waiver that they waive notice of the shareholders meeting, and or you can have a shareholder give a proxy as far as that’s concerned. And then the shareholders are the ones that elect the directors as far as that’s concerned. So that is what you do as far as the shareholder minutes are concerned, you do the same format as far as the director’s minutes are concerned, the date, time, and place, and who is in attendance as far as your director’s meeting. And have them waive notice of the meeting, which are set forth in the bylaws. And their primary function is to elect the officers. If there are any major purchases or decisions to be made, then they need to pass a resolution as far as that’s concerned. They may want to accept the salary for the officers, the corporation. So, all of these things that need to be taken in consideration with the director’s minutes. So that’s how you do directors and shareholders’ minutes. And if you have any questions or need for me to assist you, I have a form that I send out for you to fill out as far as that’s concerned, and I can do the minutes for you. My phone number is (727) 847-2288.
- Published in LLC's and Corporations, Taxes, Videos
What Legal Documents Should Everyone Have?
Video Summary
What legal documents should everyone have? One, I think of the top of the list is you need to be sure that you have government issued identification such as a driver’s license or an ID card issued by the same as a driver’s license. I don’t know if the department of motor vehicles issues those, but have an ID because you’ll need that. No matter where you go to cash checks or any number of places as far as your estate planning documents, I think everyone should have a living will that would direct whether or not you want life support to be discontinued. If you have a terminal condition, permanent vegetative state or an end stage condition, it really is important. I think that you have a healthcare surrogate or where you designate a healthcare proxy to be able to make medical decisions for you and also have a HIPAA waiver so that they can check on you to find out how you’re doing as far as if you are hospitalized, although you may not be dying like you would be using a living will also consider particularly if you’re by yourself rather than a husband and wife situation is to giving someone that you trust, hopefully a child or a loved one that you consider, or really trust a durable power of attorney who would be able to take care of business for you. And it’s called durable sense. It would be in the event you no longer had capacity. It would also be good to have a birth certificate and if you’re have a marriage license, particularly, for the ladies or the spouses, if you change your name, I think that’s a problem. Whenever you go to have your driver’s license taken care of, if you happen to be divorced and I have a copy of your divorce decree or decrease on the appropriate marital settlement agreements that go with those, if you have any unrecorded agreements. If you’ve entered into a contract with a lease to purchase property, it’s important that you have a copy of the signed documents or the signed documents. If you have promissory notes, are any unrecorded, a legal document that has to do with your rights to collect money or you owe money or you’re purchasing property or leasing property, those would all be documents that you should have in your possession. You have any questions about that will give me a call at (727) 847-2288.
- Published in Estate Planning, LLC's and Corporations, Real Estate, Videos
What if I Forgot to File My Florida Corporate Annual Report?
Video Summary
What if I forgot to file my Florida corporate annual report? Wow. That’s the bad news, is you can filed however the cost to reinstate your corporation, cause it will be administrative resolved as a hefty fine. I believe it’s $450, but it’s nothing that money won’t cure, but, that’s the remedy if you forgot to file it as a May 1st. Then if you file after that, you’re going pay a penalty which is to reinstate your corporation. So, it will no longer be administrative, dissolved. You have any questions about filing your annual report, give me a call at (727) 847- 2288.
- Published in LLC's and Corporations, Videos
Who Must File A Florida Corporate Annual Report?
Video Summary
Who must file a Florida corporate annual report. The annual report is required for all corporations to file, and I believe the time period is May 1st and also LLCs and other organized entities. And Florida must file an annual report and pay a fee, corporations as $150 a year. If you don’t pay them well, then the corporation may be administratively dissolved. All corporations have to pay the annual report or file an annual report and pay the fee. If you have any questions about your annual report, give me a call at (727) 847- 2288.
- Published in LLC's and Corporations, Videos
Do I Need A Lawyer To Establish An LLC In Florida?
Video Summary
Do I need a lawyer to establish an LLC in Florida? The answer to that is no.
You can go on the Secretary State’s website and it’s very easy to establish an LLC. However, the problem with that is once that you establish it, who is the owner of this LLC, what you need to go along with your LLC is what they call an operating agreement, which sets forth who the members are and their particular percentage interest. It’s analogous to having a corporation and you don’t have any shareholders, so who owns the corporation? So it’s easy enough to set one up. However, who owns it once you have it established, who are the members, and so that’s where you do need a lawyer to set up an operating agreement designating who are the members, which is the membership interest in the LLC.
So if you would like me to set up an LLC or prepare an operating agreement for you, give me a call at (727) 847-2288. Thank you.
- Published in LLC's and Corporations, Videos