Joseph Young - Articles

 

Joseph Young is a small business consultant and paralegal with 25 years experience. He has worked with hundreds of clients to form, operate and maintain corporations, limited liability companies (LLCs), limited partnerships (LPs), trusts and other hybrid entities. His focus is on establishing, enhancing and reinforcing your corporate veil. His mission is to help you protect your personal limited liability and tax benefits. His approach is to simplify the observance of required corporate formalities, which includes adopting resolutions and recording minutes of corporate proceedings.

Find out more at Incorporation911.com.

Corporate Meeting Preparations - Role of the Corporate Secretary

It is generally the corporate secretary who is charged with recording the events and actions of a corporate meeting. This duty should be exercised with forethought, planning and an understanding of the purpose and use of corporate meeting minutes. A good corporate secretary will understand that resolutions in minutes have been compared to a contract between the corporation and the directors and shareholders. Like any contract, the language in the resolution and minutes should be unambiguous... Read

By: Joseph Young | 26/08/2008 | Small Business

Corporate Formalities - Litigators Know This

As a corporate "shareholder", limited liability company (LLC) "member" or limited partnership (LP) "limited partner", your liability for company debts and obligations is generally limited to the amount you paid for your ownership interest in the company. That is generally because when your company articles were filed with the state, the state breathed life into it as an "artificial" entity - a corporate "fiction". As a separate legal "person" the state granted your company its personality. But.. Read

By: Joseph Young | 09/08/2008 | Small Business

Corporate Minutes - Your Corporate Veil Builder

Holding corporate meetings, writing corporate minutes and recording corporate resolutions is perhaps the most neglected duty by small business owners and operators. As a company director, officer, or shareholder it is your obligation to see to it that accurate and complete minutes are kept. In most states, it is also the law. Why? Negligence will be your corporate doom when the "big one" comes: lawsuit, divorce, bankruptcy, judgment, lien, or God forbid, a revenuer's notice of examination. Read

By: Joseph Young | 30/07/2008 | Small Business